Pakistan army chief says China partnership ‘pivotal’ for regional peace amid shifting global dynamics

Chief of Army Staff Field Marshal, Asim Munir (front second left), and Chinese Ambassador to Pakistan, Jiang Zaidong (front second right), attend an event related to the 98th founding anniversary of China’s People’s Liberation Army (PLA) at Pakistan’s military headquarters in Rawalpindi on August 1, 2025. (ISPR)
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Updated 01 August 2025
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Pakistan army chief says China partnership ‘pivotal’ for regional peace amid shifting global dynamics

  • Field Marshal Asim Munir spoke at the PLA’s 98th anniversary event at Pakistan Army headquarters
  • He said Pakistan’s ties with China remained ‘time-tested and resilient’ despite regional challenges

ISLAMABAD: Chief of Army Staff Field Marshal Asim Munir on Friday described the country’s strategic partnership with China as “pivotal” for regional peace and stability, as he highlighted the strength of bilateral ties that have endured despite shifting global geopolitics.

The army chief was speaking at an event held at Pakistan’s military headquarters in Rawalpindi to mark the 98th founding anniversary of China’s People’s Liberation Army (PLA). The ceremony was also attended by Chinese Ambassador Jiang Zaidong, PLA Defense Attaché Major General Wang Zhong and senior military officials from both countries.

Munir’s statement comes weeks after India’s Deputy Army Chief, Lt. Gen. Rahul Singh, claimed China had provided Pakistan with “live inputs” during a brief but intense four-day military conflict with India in May. Pakistan’s Defense Minister

Khawaja Asif, however, told Arab News prior to that that the outcome of the conflict was a “victory” that was entirely “Made in Pakistan.”

“The Field Marshal highlighted that the Pakistan-China strategic relationship exemplifies mutual trust, unwavering support and shared commitment,” the military’s media wing, Inter-Services Public Relations, said in a statement circulated after the event. “He stressed that despite shifting strategic dynamics, the friendship between the two nations has remained steadfast and unshakable.”

“He [also] emphasized that their enduring partnership will continue to play a pivotal role in promoting regional stability and safeguarding shared strategic interests,” the statement added.

The army chief also praised the PLA for its role in China’s defense, security and nation-building.

He described Pakistan and China as “true brothers-in-arms” whose bond remains “unique, time-tested and exceptionally resilient.”

The Chinese ambassador thanked the Pakistan Army for hosting the ceremony and reaffirmed Beijing’s commitment to the strategic partnership.

He also acknowledged Pakistan’s armed forces for their role in counterterrorism.

Pakistan and China are long-standing allies and partners in the multibillion-dollar China-Pakistan Economic Corridor (CPEC), a flagship project under China’s Belt and Road Initiative (BRI).

The corridor provides China with direct access to the Arabian Sea via Pakistan’s Gwadar Port, while enabling Pakistan to modernize infrastructure and expand regional trade links.


Pakistan’s Engro executes $475 million Islamic financing deal to expand telecom infrastructure

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Pakistan’s Engro executes $475 million Islamic financing deal to expand telecom infrastructure

  • Islamic banking accounts for over a fifth of Pakistan’s banking assets amid a shift toward Shariah-compliant finance
  • The deal brings more than 10,000 telecom towers under Engro’s control, enabling their shared use by multiple operators

KARACHI: Pakistan’s largest conglomerate Engro Corp. has completed a Rs133 billion ($475 million) Islamic financing deal to acquire telecom tower company Deodar, expanding its telecom infrastructure business as the country seeks to strengthen digital connectivity, the company said on Friday.

The transaction, structured entirely through Shariah-compliant financing, brings more than 10,000 telecom towers under Engro’s control and marks one of the largest Islamic financing deals in Pakistan’s infrastructure sector.

Engro, which has major interests in energy, fertilizers, food and petrochemicals, said the acquisition would allow it to scale shared telecom infrastructure, under which a single tower can host multiple mobile network operators, lowering costs and reducing duplication as Pakistan prepares for next-generation digital services.

“My congratulations to the Dawood family and Engro, the Islamic bankers and conventional banks through their Islamic windows on being able to put together a deal of this size,” State Bank of Pakistan Governor Jameel Ahmed said at a ceremony marking the transaction, referring to the company and its chairman. “This is a great achievement which has been supported by the banks.”

The deal was supported by a group of local banks, including United Bank Limited and Meezan Bank, Engro said, highlighting the increasing role of Islamic financing in funding long-term investment in Pakistan.

Islamic banking, which operates without interest and is based on profit-and-loss sharing structures, accounts for more than a fifth of Pakistan’s banking assets, and authorities have said they aim to transition the financial system toward Shariah compliance over the coming years.

The acquisition of Deodar, which was originally carved out of mobile operator Jazz, also aligns with government efforts to digitize the economy by expanding broadband access and supporting digital payments, e-commerce and online public services, though progress has remained uneven due to infrastructure and regulatory challenges.