KARACHI: Pakistan must seek trade instead of aid from the United State during Prime Minister Imran Khan’s maiden visit to Washington, members of the Pakistani-American business community said on Saturday as the Pakistani premier left for Washington ahead of his meeting with the American leader on Monday.
Khan and Trump are expected to discuss a wide range of issues, including counterterrorism, defense, energy and trade, during the Pakistani PM’s first official visit.
Currently, Pakistan is the 56th largest trading partner of the US. Bilateral trade between the two countries amounted to $6.6 billion in 2018. Pakistan’s imports totaled $2.9 billion while exports stood at $3.7 billion, with the overall trade volume being in favor of the South Asian country. Pakistan was also the 55th largest goods export market for the US in 2018, according to the office of the US Trade Representative (USTR).
“I think the visit [of PM Khan] is a very positive development,” Najeeb Ghauri, vice chairman of the US-Pakistan Business Council (USPBC) at the US Chamber of Commerce, told Arab News.
Ghauri, the CEO of US technology giant NetSol, was part of the USPBC delegation that visited Pakistan ahead of PM Khan’s Washington visit. Other members of the team included representatives of US multinational giants, including PepsiCo, who pledged to expand investment in Pakistan.
“They are quite interested in house care, pharmaceutical, energy sectors etc.,” Ghauri said. “PepsiCo. has invested a billion dollars in five years and promised another billion dollars for expansion. Obviously they want to add another plant for bottling etc.”
Pakistani-American business leaders also said Pakistan’s exports, mainly of textile products, to the US and other countries, were much below potential.
“Textile export [of Pakistan] has remained at the same level of $12-13 billion a year for many years, almost a decade,” said Pakistani Shoaib A. Kothawala, who has a textile business in the US. “Backed by the 4th largest cotton crop and capability and state of the art textile plants producing value added products like Knit and Woven Apparel, Bedding, Towels, Socks, core basic production like fabric and yarn, Pakistan can fetch $40-50 billion annually.”
Kothawala, who is scheduled to meet with Khan in Washington ahead of the Trump-Khan meeting, has established businesses in eight countries including China, India, Sri Lanka and Thailand.
“There is no need for asking favors from the US which will not be given in any case,” he said.
He added: “Pakistan currently enjoys GSP preference from the US on many products [not all of] which have zero percent duty. My company produces many textile products in Pakistan and import in US under GSP where we pay zero percent tariff.”
Other business leaders complained that though they were keen to extend a helping hand for the promotion of trade and economic ties between the two countries, they had been neglected by past governments.
“In the past, no government attempted to consult with veteran businessmen for policy making but we expect a positive outcome from PM Khan’s visit,” said Pervaiz Lodhie, the president of Los Angeles-based LEDtronics, a pioneer in designing and manufacturing LED lighting products.
“Pakistan can manufacture and export engineered products, machine parts for caterpillar and other big companies and IT, textile are major areas where we can play a big role,” Lodhie added.
While the business community is optimistic that the Khan-Trump meeting will produce positive results, political analysts mostly remain skeptical.
“Right now American arms sales are booming,” former Pakistani envoy to the US, Husain Haqqani, said. “Gulf countries are buying, India is buying. So why should the US allocate large sums of money for foreign military funding, for Pakistan? It is unlikely that Pakistan will get a large aid package from the US, like it has in the past.”
Seek trade not aid from US, Pak-American businessmen advise Khan ahead of US visit
Seek trade not aid from US, Pak-American businessmen advise Khan ahead of US visit
- Pakistan 56th largest trading partner of US, bilateral trade at $6.6 billion during 2018
- Diaspora business leaders say neglected by past governments but hopeful for positive results of Khan-Trump meeting
Saudi aid agency KSrelief distributes over 2,000 food parcels in Pakistan
- Food parcels in flood-affected Sindh and Khyber Pakhtunkhwa regions, benefiting 13,159 people
- Latest initiative forms part of this year’s Food Security Support Project in Pakistan by KSrelief
RIYADH: The Kingdom’s aid agency KSrelief has distributed 2,028 food parcels in Pakistan’s flood-affected Sindh and Khyber Pakhtunkhwa regions, benefiting 13,159 people, the Saudi Press Agency reported recently.
Sunday’s initiative forms part of this year’s Food Security Support Project in Pakistan.
The aid reflects the Kingdom’s ongoing humanitarian efforts through KSrelief to assist needy individuals in Pakistan.
Pakistan to cut tariff for electric vehicle charging stations by 44%
- The government aims for 30% of vehicles to run on electricity by 2030
- It has announced a 15-day registration process for charging stations
KARACHI: Prime Minister Shehbaz Sharif announced a 44% reduction in electricity tariffs for electric vehicle (EV) charging stations on Wednesday, cutting rates from Rs71 per unit to Rs39.70 per unit, the power division said in a statement.
Pakistan has actively promoted EV adoption to combat environmental challenges, reduce reliance on imported fossil fuels and improve urban air quality. Under its Electric Vehicle Policy 2019-2024, the government aims for 30 percent of vehicles to run on electricity by 2030.
However, inadequate charging infrastructure, frequent power outages and the high cost of EVs have hindered progress.
“The electricity tariff for charging stations has been reduced from Rs71 to Rs39.70 per unit, marking the first time in Pakistan’s history that EV-specific rates have been lowered by 44 percent,” the statement said.
“In addition, the country’s first-ever regulations for establishing EV charging stations and battery swapping points have been implemented under the National Energy Conservation Authority, with an official gazette notification issued,” it added.
The power division highlighted the economic benefits of these measures, saying that switching motorcycles to electric technology at an average cost of Rs50,000 could save $6 billion annually on fuel.
Similarly, electrifying three-wheeled rickshaws could significantly reduce urban travel costs and help combat air pollution.
The reduced EV charging costs are also expected to lower transportation expenses, positively impacting goods delivery and essential commodity prices.
The government has decided to support these initiatives through a one-window registration process for setting up charging stations and battery points, allowing approvals within 15 days.
Registration fees have been set at Rs50,000 to encourage local and foreign investment.
The power division informed the regulations included provisions for technology neutrality and safety standards, with regular monitoring and audits to ensure compliance.
Pakistani PM orders cooperation with Interpol against suspects running human trafficking schemes abroad
- Illegal immigration in spotlight in Pakistan since last month after five Pakistani nationals killed in boat capsize off Greek coast
- In 2023, hundreds, including 262 Pakistani nationals, drowned when an overcrowded vessel sank off Greek coast
ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif on Wednesday called on the Federal Investigation Agency (FIA) to work with international police organization Interpol for the extradition of suspects running the “heinous business of human trafficking abroad.”
The issue of illegal immigration has been in the spotlight in the South Asian nation since last month following the death of five Pakistanis when a migrant boat capsized off the southern Greek island of Gavdos.
The tragedy, which occurred on Dec. 14, underscored the perilous journeys many migrants undertake due to military or political conflicts in their home countries or in search of better financial prospects.
On Wednesday, Sharif presided over a review meeting to discuss progress on actions taken against human trafficking.
“Prime Minister instructed the FIA to seek cooperation from Interpol for the extradition of the most wanted smugglers running the heinous business of human trafficking abroad,” the PM’s office said in a statement.
“Ministry of Information and Broadcasting should run an effective awareness campaign about illegal foreign travel and human trafficking.”
Authorities told Sharif dozens of traffickers had been arrested in 2024 and several government officials who were found to be facilitating them had been dismissed and several more were facing disciplinary action.
“Punitive measures are being taken against government officials involved in human trafficking,” the statement added. “Assets worth over Rs 500 million of human traffickers have been seized and the process of confiscating more is underway rapidly … Special prosecutors have been appointed to prosecute human traffickers.”
In 2023, hundreds of migrants, including 262 Pakistanis, drowned when an overcrowded vessel traveling from Libya capsized and sank in international waters off the southwestern Greek coastal town of Pylos.
Another round of talks between Imran Khan’s party, government expected tomorrow
- Khan’s Pakistan Tehreek-e-Insaf party held first round of talks with government on Dec. 23, second on Jan. 2
- Party is demanding the release of political prisoners, judicial commission to probe allegations it led violent protests
ISLAMABAD: The political party of Pakistan’s imprisoned former Prime Minister Imran Khan will hold another round of talks tomorrow, Thursday, with the government over the release of its leader and other political activists and the formation of a judicial commission to probe accusations the party led violent protests.
Khan’s ouster in a parliamentary vote of no-confidence in 2022 has plunged the country into long-term political crisis, particularly since the founder of the Pakistan Tehreek-e-Insaf (PTI) was jailed in August last year on corruption and other charges, on which he remains behind bars. His party and supporters regularly hold protests calling for his release, with many of the demonstrations turning violent, including one in November last year in which the government says four troops were killed and the PTI says 12 of its supporters died.
Khan had previously rejected talks with the government, saying his party would only speak to the ‘real powerbrokers’ in Pakistan, the all-powerful army, but last month he set up a negotiating committee of top party leaders to open dialogue with the government on two main demands: the release of political prisoners and the establishment of judicial commissions to investigate PTI-led protests on May 9, 2023, and Nov. 26, 2024, in which the government says his supporters engaged in violence and arson.
The first round of talks took place on Dec. 23 and the second on Jan. 2.
“We [government committee] told them [PTI] at the last meeting that if you want a judicial commission then what terms of reference do you want, do you have any conditions on who should head it, and similarly, can you give us a list of who you consider political prisoners and then we can answer whether these are political prisoners or not,” Rana Sanaullah, a senior leader of Prime Minister Shehbaz Sharif’s PML-N party, told Pakistan’s Geo News on Wednesday.
“Hopefully, at tomorrow’s [Thursday] meeting, they will give us this list and also their conditions on the judicial commission.”
Speaking outside a sessions court in the federal capital, PTI Chairman Gohar Ali Khan, who is also Khan’s lawyer, confirmed that another round of talks would be held with the government committee on Thursday.
“The third session of our negotiations with the government will take place tomorrow and we will submit our written demands,” he told reporters.
“If the government engages with sincerity and seriousness, solutions to these issues can be found. Democracy and political stability require the release and relief of political prisoners ... We hope this process will conclude soon and bring good news.”
The talks opened last month as Khan had threatened a civil dissidence movement and amid growing concerns he could face trial by a military court for allegedly inciting attacks on sensitive security installations during the May 9 protests.
The negotiations also began two days after 25 civilians were sentenced by a military court to periods of two to 10 years of “rigorous imprisonment” in connection with attacks on military facilities on May 9, 2023. Just days later on Dec. 26, another 60 civilians were sentenced by a military court to jail time ranging from 2 to 10 years in connection with the May 9 attacks.
Khan’s arrest in May 2023 in a land graft case sparked countrywide protests that saw his supporters attack and ransack military installations in an unprecedented backlash against Pakistan’s powerful army generals. Although Khan was released days later, he was rearrested in August that year after being convicted in a corruption case. He remains in prison and says all cases against him are politically motivated.
Pakistan smoking-related deaths surpass South Asia, global averages — survey
- Pakistan’s annual rate is 91.1 per 100,000 people, with 80% smokers expressing desire to quit
- Average death rate for South Asia is 78.1, while the global average is 72.6 per 100,000 people
ISLAMABAD: Pakistan’s annual smoking-related death rate of 91.1 per 100,000 people significantly exceeds both the South Asian and global averages, according to an analysis by Gallup Pakistan on Tuesday, based on the Global Burden of Disease 2024 report.
Smoking is often initiated at a young age in Pakistan, with many individuals beginning the habit during adolescence. Although laws exist to prevent the sale of cigarettes to anyone under 18 and prohibit sales near schools, enforcement remains weak.
The affordability of cigarettes further contributes to the easy accessibility of tobacco products for youth. Early initiation is additionally driven by peer pressure and the perceived glamor associated with smoking, despite restrictions on promotional activities.
“According to the Global Burden of Disease 2024, Pakistan reports an annual death rate from smoking of 91.1 per 100,000 people, notably higher than the averages for South Asia (78.1) and the rest of the world (72.6),” Gallup said.
“Between 1990 and 2021, Pakistan experienced a 35 percent relative decrease in smoking-related death rates, which is lower than the reductions achieved by India (37 percent), South Asia (38 percent), and the global average (42 percent),” it added.
Gallup also mentioned data from the World Health Organization, saying it showed that purchasing 100 packs of the most-sold cigarette brand requires 3.7 percent of the GDP per capita, significantly lower than India’s 9.8 percent and Bangladesh’s 4.2 percent.
However, cigarette affordability is still decreasing in the country, with the share of GDP per capita needed to buy 100 packs rising by 38 percent between 2012 and 2022 due to price increases.
Gallup also quoted its own 2022 opinion poll, saying 80 percent of smokers in the country expressed a desire to quit smoking.