Pakistan pays tribute to ‘resilient’ Palestinians on ‘Day of Remembrance of Victims of Terrorism’

Palestinians stand on the edge of a crater after Israeli military strikes in a tent camp for displaced people near Al-Aqsa Hospital, in Deir al-Balah on August 21, 2025. (AP)
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Updated 21 August 2025
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Pakistan pays tribute to ‘resilient’ Palestinians on ‘Day of Remembrance of Victims of Terrorism’

  • World pledges to promote human rights, freedoms of victims of “terrorism” every year on Aug. 21
  • Pakistan says Israel’s actions constitute grave violations of international law, amount to genocide

ISLAMABAD: Pakistan’s foreign office on Thursday paid tribute to the “resilient” people of Palestine on the ‘International Day of Remembrance of and Tribute to the Victims of Terrorism,’ criticizing Israeli forces for committing “genocide” in the Middle East and violating international law.

The United Nations General Assembly marks the day every year on Aug. 21 to honor and support the victims and survivors of “terrorism.” The day is also held to promote and protect the full enjoyment of the human rights and fundamental freedoms of victims of “terrorism.”

Pakistan has consistently criticized Israel since it began its military operations in Gaza on Oct. 7, 2023 for targeting civilians, schools, hospitals and blocking humanitarian supplies for the Palestinian population. So far, Israeli forces have killed at least 62,122 Palestinians, most of them civilians, according to figures from the health ministry in Hamas-run Gaza.

“We extend our deepest tribute to the resilient people of Palestine, who continue to suffer relentless aggression, systemic human rights violations, and state terrorism at the hands of Israeli occupation forces,” Pakistan’s foreign office said in a statement.

“Their actions constitute not only grave violations of international law but also amount to genocide.”

The Pakistani foreign office highlighted that prolonged unresolved conflicts, foreign occupation, and the denial of the right to self-determination create “conditions for extremism and terrorism” which should be addressed comprehensively.

“As we remember the victims of terrorism today, we call upon the international community to join us in making collaborative efforts to strengthen international partnership, dialogue, and cooperation to eliminate the menace of terrorism without discrimination,” the statement said.

“And support the victims and their families, and to contribute to a peaceful and secure world.”

The foreign office’s statement said Pakistan has lost over 90,000 Pakistanis in its war against militancy since the early 2000s, adding that it has also endured “staggering economic losses” exceeding $150 billion.

“We honor the valor of our martyrs and heroes whose sacrifices remain a beacon of strength and unity for the nation,” the statement said.

Pakistan has been battling twin insurgencies in its northwestern Khyber Pakhtunkhwa (KP) and its southwestern Balochistan provinces. In KP, the Tehreek-e-Taliban Pakistan or TTP have carried out deadly attacks against law enforcers in recent months in their bid to impose their strict brand of Islamic law in the country.

In Balochistan, separatist Baloch ethnic groups target civilians and military personnel frequently. These separatist groups seek independence from Pakistan, accusing Islamabad of denying locals a share in the province’s natural resources.

Pakistan’s government and military deny the allegations and say that several health, education and social initiatives in the province have been launched to uplift the province, which is considered one of the poorest in the country by almost all social and economic indicators.


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.