At SCO summit, Pakistan slams Israel for using ‘aggression as tool of policy’ in Middle East

This handout photo shows the Shanghai Cooperation Organization Foreign Ministers meeting in Tianjin, China on July 15, 2025. (Handout/SCO)
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Updated 15 July 2025
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At SCO summit, Pakistan slams Israel for using ‘aggression as tool of policy’ in Middle East

  • The bloc is seen by some Western analysts as regional grouping by Beijing, Moscow to counter United States influence in Asia
  • Pakistan FM Ishaq Dar says Israeli military actions against SCO members are ‘unacceptable,’ demands immediate end to Gaza war

ISLAMABAD: Pakistan’s deputy prime minister and foreign minister, Ishaq Dar, on Tuesday criticized Israel for using “aggression as a tool of policy” in the Middle East, condemning Israeli military actions against regional states and demanding an end to its 20-month war on Gaza.

Dar said this while addressing a meeting of the Shanghai Cooperation Organization’s (SCO) Council of Foreign Ministers (CFM), which came in the backdrop of heightened tensions in South Asia and the Middle East, particularly after the Pakistan-India conflict and Israeli military actions against several Gulf countries.

Israel’s war on Gaza, which began after Oct. 2023 attacks by Hamas on Israel, has killed more than 58,000 Palestinians, over half of them women and children, according to the Palestinian health ministry. On Tuesday, the UN rights office said it had recorded at least 875 killings within the past six weeks at aid points in Gaza.

Speaking at the CFM meeting, Dar said Pakistan was seriously concerned at the trends of using aggression as a tool of policy, emphasizing the resolution of disputes through peaceful means and according to the principles of international law, justice and fairness.

“Israel has shown a reckless disregard for international norms and humanity through its relentless and disproportionate use of force in Gaza resulting in the death of tens of thousands of civilians causing the worst humanitarian crisis in Gaza,” he said.

“We call for immediate halt to Israel’s atrocities.”

Dar said the only viable remedy to the Palestine dispute was the realization of the two-state solution, which includes the establishment of Palestine as a viable, secure and contiguous state on the basis of pre-1967 borders.

He also condemned the “unjustified and illegitimate aggression” by Israel against Iran and the United States (US) strikes on its nuclear facilities.

“Such illegal actions directed against SCO member states are unacceptable,” Dar said.

The 12-day war between Iran and Israel, which began on June 13 Israeli airstrikes on Iranian nuclear facilities and military leadership, killed around 1,000 Iranians and more than two dozen Israelis.

The SCO, comprising China, Russia, Pakistan, India, Iran, Belarus and Central Asian states, is seen by some Western analysts as a regional grouping by Beijing and Moscow to counter United States influence in Asia.

The CFM meeting, a key diplomatic gathering aimed at preparing the groundwork for the upcoming SCO Leaders’ Summit later this year, was convened to review progress on multilateral cooperation and set the agenda for endorsement by heads of state.


Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

Updated 05 December 2025
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Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

  • Pakistani officials, Binance team discuss coordination between Islamabad, local banks and global exchanges
  • Pakistan has attempted to tap into growing crypto market to curb illicit transactions, improve oversight

ISLAMABAD: Pakistan’s finance officials and the team of a global cryptocurrency exchange on Friday held discussions aimed at modernizing the country’s digital payments system and building local talent pipelines to meet rising demand for blockchain and Web3 skills, the finance ministry said.

The development took place during a high-level meeting between Finance Minister Muhammad Aurangzeb, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib, domestic bank presidents and a Binance team led by Global CEO Richard Teng. The meeting was held to advance work on Pakistan’s National Digital Asset Framework, a regulatory setup to govern Pakistan’s digital assets.

Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight, and encouraging innovation in blockchain-based financial services.

“Participants reviewed opportunities to modernize Pakistan’s digital payments landscape, noting that blockchain-based systems could significantly reduce costs from the country’s $38 billion annual remittance flows,” the finance ministry said in a statement. 

“Discussions also emphasized building local talent pipelines to meet rising global demand for blockchain and Web3 skills, creating high-value employment prospects for Pakistani youth.”

Blockchain is a type of digital database that is shared, transparent and tamper-resistant. Instead of being stored on one computer, the data is kept on a distributed network of computers, making it very hard to alter or hack.

Web3 refers to the next generation of the Internet built using blockchain, focusing on giving users more control over their data, identity and digital assets rather than big tech companies controlling it.

Participants of the meeting also discussed sovereign debt tokenization, which is the process of converting a country’s debt such as government bonds, into digital tokens on a blockchain, the ministry said. 

Aurangzeb called for close coordination between the government, domestic banks and global exchanges to modernize Pakistan’s payment landscape.

Participants of the meeting also discussed considering a “time-bound amnesty” to encourage users to move assets onto regulated platforms, stressing the need for stronger verifications and a risk-mitigation system.

Pakistan has attempted in recent months to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation — a move analysts say could bring an estimated $25 billion in virtual assets into the tax net.

In September, Islamabad invited international crypto exchanges and other VASPs to apply for licenses to operate in the country, a step aimed at formalizing and regulating its fast-growing digital market.