Pakistan wraps up UNSC presidency for July after helping refocus attention on Gaza, Middle East

Pakistan's Ambassador to the United Nations, Asim Iftikhar Ahmad, speaking at the wrap-up session of its UN Security Council's presidency in New York, US on August 1, 2025. (@PakistanUN_NY/X)
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Updated 01 August 2025
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Pakistan wraps up UNSC presidency for July after helping refocus attention on Gaza, Middle East

  • Pakistan assumed the UNSC presidency at a time of a spiraling hunger crisis in Gaza, violent clashes in Syria
  • Islamabad says constructive spirit, members’ support ensured their work remained focused, effective and inclusive

ISLAMABAD: Pakistan has wrapped up its presidency of the United Nations Security Council (UNSC) for the month of July, the country’s UN mission said on Friday, after Islamabad helped refocused global attention on Gaza and the Middle East amid Israeli military actions.

Pakistan assumed the UNSC presidency at a time of a spiraling hunger crisis in Gaza due to Israel’s blockade of the territory, which did not allow any humanitarian aid to get through to war-torn Palestinian people, as well as Tel Aviv’s military actions elsewhere in the Middle East.

The South Asian country hosted an open debate at the Council and called for an immediate ceasefire and deliver of relief items to Gaza. It also backed an “inclusive” political process to stabilize a Syria rocked by clashes between the Druze minority and Bedouin clans that killed over 250 people.

Speaking at the wrap-up session, Pakistan’s envoy, Ambassador Asim Iftikhar Ahmad, expressed his deep appreciation to all UNSC members for their cooperation, collegiality and active engagement throughout his country’s presidency last month.

“Pakistan approached its presidency with a sense of humility, deep commitment to the purposes and principles of the UN Charter and focus on Council’s core mandate for maintaining international peace and security,” he was quoted as saying by Pakistan’s UN mission.

“Constructive spirit and support by the Council members went a long way in ensuring that our work remained focused, effective and inclusive.”

Pakistan’s Deputy Prime Minister Ishaq Dar pushed for “universal recognition” of the state of Palestine and its full membership at the UN at a high-level UN conference on the peaceful settlement of the Palestinian issue, which was co-chaired by Saudi Arabia and France.

During its presidency, the UNSC adopted five resolutions that covered dispute resolution, Red Sea reporting, Yemen, Haiti, Central African Republic (CAR) sanctions, and the International Court of Justice (ICJ) elections, according to the Pakistani UN mission.

The country also hosted a briefing on UN–OIC cooperation, a meeting on adapting peace operations in light of major UN reviews.

Ambassador Ahmed congratulated Panama on assumption of the presidency for the month of August and assured it of Pakistan’s full support, the Pakistani mission said.


Privatization Commission backs military-linked firm’s inclusion in PIA buyer consortium

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Privatization Commission backs military-linked firm’s inclusion in PIA buyer consortium

  • Fauji Fertilizer nominated to join Arif Habib-led group bidding for national airline
  • Move marks further step in IMF-backed state enterprise reforms

KARACHI: Pakistan’s Privatization Commission on Tuesday recommended the inclusion of a military-linked fertilizer company in the consortium led by Arif Habib Corporation Limited, the successful bidder for a majority stake in Pakistan International Airlines (PIA), as the government advances long-delayed reforms of state-owned enterprises.

The development is part of Pakistan’s broader privatization push under its $7 billion International Monetary Fund (IMF) Extended Fund Facility approved in September 2024, which requires restructuring and divestment of loss-making state-owned enterprises. PIA has accumulated significant losses over the years and remains a financial burden on the national exchequer.

In December, a consortium headed by the Arif Habib Corporation emerged as the top bidder for a 75 percent stake in Pakistan International Airlines in a breakthrough for the government’s long-delayed privatization of the carrier. The consortium entered a 135 billion Pakistani rupee ($482.32 million) bid, topping the offer of a rival group led by Lucky Cement in an intense back and forth that was broadcast live on television.

The Privatization Commission on Tuesday endorsed the nomination of Fauji Fertilizer Company Limited (FFC) to join the consortium led by Arif Habib.

“The PC Board, after due review, endorsed the nomination and confirmed that FFC fulfils the applicable eligibility and regulatory requirements,” the Ministry of Privatization said in a statement.

The proposed inclusion remains subject to approval by the Cabinet Committee on Privatization (CCoP) and the federal cabinet.

FFC is one of Pakistan’s largest listed fertilizer manufacturers and is majority-owned by the Fauji Foundation, a military welfare organization that operates commercial enterprises to fund services for retired armed forces personnel and their families. Its inclusion strengthens the financial profile of the bidding consortium.

The sale of a majority stake in PIA would mark the first major privatization in Pakistan in nearly two decades.

But the process has been shaky. A similar televised event in 2024 attracted a solitary bid from real estate developer Blue World City of $36 million, well short of the government’s declared minimum price of $305 million for a 60 percent stake.

As part of its efforts to revive the flag carrier airline, Pakistan’s government has assumed most of its legacy debt.

PIA has now posted its first pre-tax profit in two decades, and Britain and the European Union have lifted a five-year ban that had shut it out of key routes, supporting a higher valuation.