Pakistan draws world attention to Israeli expansion in West Bank, calls it ‘impediment to peace’

Displaced palestinians stand on a road after heavy rain in Jabalia city, northern Gaza Strip, on November 25, 2025. (AFP)
Short Url
Updated 29 November 2025
Follow

Pakistan draws world attention to Israeli expansion in West Bank, calls it ‘impediment to peace’

  • The statement comes months after Israeli ministers said 22 new Jewish settlements had been approved in the occupied West Bank
  • PM Sharif says Gaza peace plan is a ‘real opportunity,’ calling for sustained ceasefire and humanitarian access in the territory

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Saturday drew the world attention to Israeli expansion in the West Bank, describing it as an “impediment to peace” in Palestine.

Sharif’s statement came on the International Day of Solidarity with the Palestinian People, a UN-organized observance, and months after Israeli ministers said 22 new Jewish settlements had been approved in the occupied West Bank in the biggest expansion in decades.

Israeli settlements, which are widely seen as illegal under the international law, are one of the most contentious issues between Israel and the Palestinians. Israel has built about 160 settlements housing some 700,000 Jews since it occupied the West Bank and East Jerusalem in the 1967 Middle East war.

Sharif said the world witnessed the killing of more than 70,000 people in Israel’s relentless violence in Gaza, with homes, hospitals, schools and civic infrastructure reduced to rubble, yet the Palestinian people have demonstrated exemplary resilience and remained steadfast to their cause.

“While the world condemns the relentless aggression in Gaza, we must not allow our attention to drift away from the grave situation in the West Bank,” he said. “The continued expansion of illegal settlements remains a blatant violation of international law and a major impediment to peace.”

He said a real opportunity has emerged in the form of the High-Level Conference on the Two State Solution and President Donald Trump’s Gaza peace plan, calling for a sustained ceasefire and ensure unhindered humanitarian access in the territory.

“United Nations Relief and Works Agency for Palestine Refugees (UNRWA) must be fully enabled to resume its vital operations, without impediment or politicization,” the Pakistan premier said.

“Most importantly, there must be a complete withdrawal of Israeli forces from the occupied Palestinian lands including Gaza as the people of Palestine deserve permanent peace and prosperity.”

Sharif said that Pakistan, which does not recognize Israel, remains firmly committed to a just, lasting, and comprehensive resolution to the Palestinian question, based on the relevant and valid UN Security Council and General Assembly resolutions.

“Pakistan reiterates its full support for the Palestinian people’s legitimate rights, including the vital right to self-determination and the establishment of an independent, viable, and contiguous State of Palestine, based on pre-1967 borders, with Al-Quds Al-Sharif as its capital.

“We stand by Palestinians in their just struggle, in their due resilience, and in their rightful aspiration for freedom, dignity, and peace.”


Pakistan launches crypto testing framework to regulate digital assets

Updated 7 sec ago
Follow

Pakistan launches crypto testing framework to regulate digital assets

  • Regulatory ‘sandbox’ to let firms test crypto products under supervision
  • Move comes amid broader push to formalize Pakistan’s digital asset sector

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) on Friday launched a crypto testing framework to regulate digital assets, allowing firms to trial new products and services under official supervision.

The initiative, formally structured as a regulatory “sandbox,” creates a controlled environment where companies can test crypto-related services under the oversight of the regulator before full-scale approval.

According to PVARA, the sandbox will support real-world use cases including tokenization, stablecoins, remittances and on- and off-ramp infrastructure.

Tokenization refers to converting real-world assets into digital tokens on a blockchain, while stablecoins are cryptocurrencies pegged to a fiat currency to maintain a stable value. On- and off-ramp infrastructure allows users to convert between fiat money and digital assets, enabling the practical use of virtual asset products.
“The Pakistan Virtual Assets Regulatory Authority has formally approved and launched its Regulatory Sandbox for virtual assets,” PVARA said in a post on X. “Sandbox Guidelines and the application process will be published shortly on our website.”

The move comes as the government seeks to build a formal regulatory framework for digital assets while attracting investment and strengthening oversight of the sector.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.

In January, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial, a crypto-based finance platform launched in September 2024 and linked to US President Donald Trump’s family to explore the use of a dollar-linked stablecoin for cross-border payments.