Pakistan aims to raise Kyrgyz trade from $15m to $200m within two years — PM 

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Pakistan Prime Minister Shehbaz Sharif (right) meeting with Kyrgyz President Sadyr Zhaparov in Islamabad, Pakistan, on December 4, 2025. (PID)
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Pakistan Prime Minister Shehbaz Sharif (right) and Kyrgyz President Sadyr Zhaparov take part in MoU signing ceremony in Islamabad, Pakistan, on December 4, 2025. (PTV News/Screenshot)
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Updated 04 December 2025
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Pakistan aims to raise Kyrgyz trade from $15m to $200m within two years — PM 

  • Pakistan offers Karachi, Port Qasim, Gwadar routes to help landlocked Kyrgyz exports
  • 15 MoUs signed Wednesday, business delegations to meet today for investment talks

ISLAMABAD: Prime Minister Shehbaz Sharif has said Pakistan aims to raise bilateral trade with Kyrgyzstan from around $15–16 million to $200 million within two years, ahead of a Pakistan–Kyrgyzstan Business Forum scheduled in Islamabad today, Thursday. 

The announcement followed a Wednesday evening MoU signing ceremony at the Prime Minister’s House, where Sharif and visiting President Sadyr Zhaparov jointly presided over agreements covering trade, connectivity, energy, ports access and business cooperation. 

This is the Kyrgyz leader’s first visit to Pakistan in two decades, which both sides hope will accelerate negotiations on a long-delayed transit trade pact and push forward energy and transport projects linking Central and South Asia.

“We would be signing an MOU which is worth $200 million, that means that our present mutual trade, comprising of about $15–16 million will be enhanced to $200 million in the next two years,” Sharif said, calling the agreements signed Wednesday “a framework for structured, result-oriented engagement and closer institutional linkages.”

Sharif said Pakistan was ready to serve as a maritime outlet for the landlocked Central Asian republic, offering access to Karachi, Port Qasim and Gwadar to help Kyrgyz goods reach regional and global markets. He added that the two countries aimed to deepen cooperation in political relations, defense, agriculture, education, culture and tourism alongside trade.

The agreements signed at PM House are set to be followed today, Thursday, by the Pakistan–Kyrgyzstan Business Forum, where private companies will discuss investment, logistics and manufacturing opportunities, areas both governments have linked to the $200 million trade goal.

The visit also coincides with renewed discussion on CASA-1000, a $1.2 billion electricity transmission project that would export surplus hydropower from Kyrgyzstan and Tajikistan to Afghanistan and Pakistan. Progress has been slowed for years by security conditions and financing gaps, but Islamabad and Bishkek reaffirmed their support for the project this week.

Pakistan exported around $5–8 million in goods to Kyrgyzstan in recent years, with limited imports in return. Officials say progress on transit routes, port access and private-sector partnerships will determine whether the sharp scale-up to $200 million is achievable.

Zhaparov’s visit continues today with delegation-level meetings and an address to the business forum, where both sides are expected to outline next-step implementation on trade and connectivity plans.
 


Pakistan’s Sindh announces judicial inquiry into deadly Karachi plaza fire

Updated 51 min 34 sec ago
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Pakistan’s Sindh announces judicial inquiry into deadly Karachi plaza fire

  • Around 80 people were killed in Karachi Gul Plaza fire that broke out on Jan. 17, says Sindh information minister
  • Says initial fact-finding committee discovered fire tenders were provided water with delay, which affected firefighting

ISLAMABAD: Sindh Information Minister Sharjeel Inam Memon announced on Thursday that the provincial government has requested a judicial inquiry into a deadly Karachi shopping plaza inferno that killed around 80 people earlier this month. 

The fire broke out at Karachi’s famous Gul Plaza, a multi-story shopping complex in the city’s Saddar area, on the night of Jan. 17. The blaze killed 80 and took three days to extinguish, while rescue and relief efforts took over a week. 

Speaking to reporters during a news conference, Memon said a Sindh cabinet sub-committee, chaired by Chief Minister Murad Ali Shah, reviewed a fact-finding committee report on the Karachi Gul Plaza fire. 

He said the fact-finding committee discovered that the Civil Defense department conducted fire safety audits of the mall and other buildings since 2023, but no effective, precautionary or legal action was taken to ensure such incidents were avoided. He said as a result, the Civil Defense director and the department’s additional controller for district South were both suspended. 

“A letter is being written to the honorable chief justice of the Sindh High Court in which we are requesting the chief justice to appoint a serving judge for a judicial inquiry,” Memon said. 

“So that we can review everything in accordance with the law himself and take decisions on it.”

Memon said that there were around 2,000 to 2,500 people in the building when the fire broke out, adding that these included workers and visitors. 

He said the sub-committee had also noted that fire tenders were provided water with delay which affected the firefighting services of the Karachi Municipal Corporation (KMC), Rescue 1122 and fire brigades. 

The minister said the government had also suspended the chief engineer and in-charge hydrants of the Karachi Water and Sewerage Corporation, and that action will be taken against them. 

Memon said the committee had also concluded that the KMC, Rescue 1122 and fire brigades’ firefighting tools and training to deal with an inferno of such a scale were “inadequate.”

He said the government has also suspended the senior director of municipal services in the KMC and that departmental action against him will be taken for not ensuring that the fire staff was properly prepared to tackle such a blaze. 

The minister said the sub-committee had directed the relevant department to carry out a needs assessment so that the firefighting capabilities of the provincial and local government are further strengthened. 

Fires have become an increasingly frequent occurrence in Karachi, a megacity of more than 20 million people, where fire services remain severely overstretched and under-resourced relative to population density and the scale of commercial activity.

Successive deadly incidents have drawn criticism of the provincial Sindh administration over lax enforcement of building codes, inadequate inspections and limited emergency response capacity.

Sindh’s opposition parties, especially the Muttahida Quami Movement-Pakistan, accuse the Sindh government of neglecting Karachi’s infrastructural development. The provincial government rejects these allegations.