ISLAMABAD: Prime Minister Imran Khan has urged the international community to extend debt relief to developing nations and facilitate their recovery from the crippling COVID-19 crisis.
Addressing the virtual session of the United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP) on Monday, PM Khan said there was a “dire need” to mobilize adequate financing for poorer nations.
“For the developing countries, the debt issue must be addressed in a fair and sustainable manner. With my ‘Global Initiative on Debt Relief’, Pakistan has been advocating this cause on all world forums,” PM Khan said, adding that his administration was implementing fiscal reforms in Pakistan as well.
PM Khan is among several heads of state, senior officials and stakeholders from the Asia-Pacific region participating in the 77th UN-ESCAP, which is being held virtually from April 26 to 29, to take stock of the socio-economic impact of COVID-19 and ramp up regional cooperation.
In his address to the gathering, PM Khan highlighted the plight of Asia-Pacific countries bearing the brunt of the global health crisis, with a “devastating” impact on health and socio-economic goals.
“We are now lagging further behind in achieving the SDGs [social developmental goals] than ever before. Over 100 million people will fall back into extreme poverty,” he said, adding that it might take “years to regain the pre-COVID income levels.”
Imploring the global community to ensure “no one is left behind,” he said that all efforts require “international solidarity.”
“We need the right mix of national actions, regional collaboration, and multilateral cooperation,” he said before emphasizing the need to “strengthen public health and social protection systems.”
Citing the example of Pakistan where “these have been the primary objectives for us,” with people-centered economic security “at the core of our development paradigm,” he said that the south Asian nation was ready to work with all members “to advance our shared objectives.”
This isn’t the first time the Pakistani premier has appealed to international stakeholders for urgent debt relief for developing countries to deal more effectively with the economic fallout from the coronavirus pandemic.
In April last year, he said he was worried that people in the developing world would die of hunger due to the COVID-19 lockdowns.
A few months later, in November, G20 nations endorsed a plan to extend a freeze in official debt payments by poorer countries, including Pakistan, to mid-2021 and backed a common approach for dealing with debt issues.
In an online video address to the nation on Sunday, PM Khan also acknowledged that aid from Saudi Arabia, the UAE and China had “saved Pakistan from defaulting on its loans.”
Saudi had provided Pakistan with a $6.2 billion financial support package – a $3 billion loan and a $3.2 billion deferred oil financing facility in 2018, with the UAE extending a $2 billion loan to the cash-strapped country as well.
Pakistan is now battling with the third wave of the coronavirus, with authorities saying that the government may impose a complete lockdown in major Pakistani cities ahead of the Eid Al-Fitr holiday if the surge in infections continues.
Pakistan PM seeks debt relief for poorer nations grappling with pandemic
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Pakistan PM seeks debt relief for poorer nations grappling with pandemic
- Tells attendees of virtual UN session that it might take years for developing countries to regain pre-COVID-19 income levels
- Earlier, he had acknowledged Saudi Arabia, UAE, and China’s support in ‘saving Pakistan from defaulting on loans’
Pakistan, Azerbaijan finalize agreement on arms trade, defense infrastructure, intelligence sharing
- There have been a series of visits by Azerbaijani officials to Pakistan in recent months
- Islamabad is seeking closer trade and investment ties with former Soviet republics
ISLAMABAD: Pakistani Defense Minister Khawaja Asif said on Friday Islamabad and Baku were in the process of finalizing a memorandum of agreement to enhance security ties through cooperation in arms trade, defense infrastructure and intelligence sharing.
Asif was addressing the eighth session of the Pakistan-Azerbaijan joint commission alongside Azerbaijani Defense Industry Minister Vugar Mustafayev who is visiting Islamabad.
There have been a series of visits by Azerbaijani officials to Pakistan in recent months, as Islamabad seeks closer ties, especially in trade and investment, with former Soviet republics and Central Asian states.
Last July, Azerbaijan President Ilham Aliyev visited Pakistan and announced that the two nations were working to increase bilateral trade to $2 billion.
“I’m hopeful that once we finalize our memorandums of understanding on cooperation in the field of the defense industry, we will be able to further our security ties through arms trade, defense infrastructure and sharing of intelligence,” Asif said.
He invited Azerbaijan to join Pakistan’s Strategic Underground Gas Storage (SUGS), a critical component of energy infrastructure, and the White Oil Pipeline project that transports oil from ports to refineries and other distribution points.
Asif also suggested organizing regular trade exhibitions between the two countries to showcase local products in each other’s markets.
Last December, Pakistan waived customs and regulatory duties on imports from Azerbaijan under the Pakistan-Azerbaijan Preferential Trade Agreement. The agreement aimed to boost economic cooperation by reducing tariffs on goods like Pakistan’s sports equipment, leather, and pharmaceuticals and Azerbaijan’s oil and gas products.
On International Day of Education, Pakistan vows to embrace ‘promise of AI’
- Theme of this year’s International Day of Education is “AI and Education: Preserving Human Agency in a World of Automation”
- Around the world, AI is being increasingly used in education to improve the learning experience for both students and teachers
KARACHI: Pakistani Prime Minister Shehbaz Sharif on Friday, the International Day of Education, reaffirmed his government’s commitment to advancing an education system that embraced the “promise of AI” and supported the country’s youth in thriving in an evolving technological landscape.
The theme of this year’s International Day of Education is “AI and Education: Preserving Human Agency in a World of Automation.” Around the world, AI is being increasingly used in education to improve the learning experience for students and teachers. AI can automate tasks, provide real-time feedback, and create personalized learning experiences.
“As AI-driven systems become increasingly integrated into our lives, the boundaries between human intervention and machine-driven actions continue to blur,” Sharif said in a statement.
“This presents both opportunities and challenges, raising the critical question of how we can uphold and enhance human agency amidst the growing tide of automation.”
He said his government recognized the transformative power of education in preparing Pakistan’s youth to thrive in the evolving technological landscape.
“By fostering critical thinking, innovation, and ethical responsibility, we aim to equip our citizens with the tools not only to adapt to technological changes but to shape them in ways that uphold our values, protect our freedoms, and advance our society,” the PM said.
He highlighted steps taken in Pakistan to prepare its educational institutions to embrace technological advancements. These initiatives include the establishment of High-Impact IT Labs in ICT degree colleges, Digital Hubs in rural ICT schools, the Google Center of Excellence, SMART Classrooms, and the E-Taleem Portal for blended learning.
“Additionally, we have introduced E-Rozgar Centers, Software Technology Parks, Robotics and Mind Games programs, and STEAM Labs to foster innovation. It is imperative that our schools are equipped with the latest technologies to equip our children with the requisite skills,” the PM said.
“On this day, while we reaffirm our resolve to advancing an education system that embraces the promise of AI while safeguarding the essence of human creativity, compassion, and purpose.”
Pakistan rejects Afghanistan’s allegations it hosts Daesh militant camps
- Foreign Office says Afghanistan is a source of “support and logistics” for militant operations against Pakistan
- Ties between neighbors are strained over surge in militant attacks in Pakistan it blames on Afghanistan
ISLAMABAD: Foreign Office spokesperson Shafqat Ali Khan on Thursday rejected Afghanistan’s allegations Pakistan was hosting and facilitating Daesh militant camps, calling it “weird propaganda.”
The remarks come in response to allegations by Afghan officials that Pakistan was operating training camps for Daesh fighters and facilitating their movement through the Islamabad and Karachi airports for training in its southwestern Balochistan and northwestern Khyber Pakhtunkhwa provinces with the aim of carrying out militant activities in Afghanistan.
Islamabad also frequently accuses neighboring Afghanistan of sheltering and supporting militant groups that launch cross-border attacks amid a surge in militancy in its KP and Balochistan provinces. The Taliban government in Kabul says it does not allow Afghan soil to be used by militants, insisting Pakistan’s security issues are an internal matter for Islamabad.
“Frankly, we completely reject these allegations. They are not grounded in reality,” Khan said during a weekly press briefing when asked about the Afghan allegations on Daesh camps. “It’s just some kind of weird propaganda.”
He reiterated Pakistan’s concern over sanctuaries of the Pakistani Taliban or Tehreek-e-Taliban (TTP) in Afghanistan, accusing the country of being a source of “support and logistics” for TTP militant operations against Pakistan.
“It couldn’t do without the sanctuaries it’s enjoying in Afghanistan,” Khan added. “And we continue to impress upon the Afghan authorities to address this genuine and serious concern so that our bilateral relations can achieve full potential as good neighbors.”
Islamabad says it has consistently taken up the issue of cross-border attacks with the Taliban administration. The issue has also led to clashes between the border forces of the two countries on multiple occasions in recent months.
In December, the Afghan Taliban said bombardment by Pakistani military aircraft in Afghanistan’s eastern Paktika province had killed at least 46 people, most of whom were children and women. Just days later, the Afghan defense ministry said Taliban forces targeted “several points” in neighboring Pakistan, further straining tense ties.
Relations between the two countries have also soured since Pakistan launched a deportation drive in November 2023 against illegal aliens residing in the country. Though Pakistan insists the campaign does not only target Afghans but all those residing in Pakistan unlawfully, it has disproportionately hit Afghans, with at least 800,000 repatriated so far.
Pakistan says Hong Kong conglomerate discussing $1 billion investment in maritime sector
- Pakistan maritime affairs minister holds meeting with Hutchison Ports officials
- Proposal includes upfront $200 million in foreign direct investment for Pakistan
ISLAMABAD: A Hong Kong-based multinational conglomerate has expressed interest in investing $1 billion in Pakistan’s maritime sector to improve the South Asian nation’s port infrastructure, the maritime ministry said on Thursday.
Hutchison Ports, a subsidiary of CK Hutchison Holdings, is a leading global port operator and logistics company, operating in 52 ports across 26 countries in Asia, Europe, the Americas, and Australia. It provides container terminal operations, cargo handling, logistics, port management, transportation, and distribution services.
Pakistan’s seaports in Karachi, located along the Arabian Sea, are essential for global trade and provide job opportunities for thousands of citizens. The country has been actively working on restructuring and enhancing its port infrastructure.
On Thursday, Maritime Affairs Minister Qaiser Ahmed Shaikh held a meeting with a high-level delegation from Hutchison Ports, led by the company’s Managing Director for the Middle East and Africa, Andy Tsoi, to discuss the $1 billion investment plan, the maritime affairs ministry said.
“This groundbreaking proposal includes an upfront $200 million Foreign Direct Investment,” the ministry said, adding that the investment would focus on modernizing the Karachi International Container Terminal and South Asia Pakistan Terminals Limited “with advanced automation technologies, enhancing operational efficiency and adopting eco-friendly solutions.”
The plan includes introducing “electrified and remote-control equipment” to reduce carbon emissions and establishing a state-of-the-art warehousing depot for Pakistan’s growing trade sector as well as funding to improve roads around the south wharf to ensure “smooth container traffic flow and boost supply chain efficiency.”
The development comes amid Pakistan’s efforts to boost trade and seek international partnerships to expand maritime activities.
In August 2024, state media reported that Danish shipping firm Maersk was in discussions with local authorities to invest $2 billion in Pakistan’s port and transport infrastructure over the next two years.
In October last year, the maritime minister signed an agreement with Denmark’s Minister Morten Bodskov to restructure Pakistan’s maritime sector and provide technical training at its ports.
Paris court sentences Pakistani who targeted Charlie Hebdo to 30 years jail
- When he carried out attack, 29-year-old Zaheer Mahmood wrongly believed satirical newspaper was still based in the building
- Newspaper had moved in the wake of an earlier attack, which killed 12 people including eight of the paper’s editorial staff
PARIS: A Paris court on Thursday sentenced a Pakistani man to 30 years in jail for attempting to murder two people outside the former offices of Charlie Hebdo in 2020 with a meat cleaver.
When he carried out the attack, 29-year-old Zaheer Mahmood wrongly believed the satirical newspaper was still based in the building, which was targeted by Islamists a decade ago for publishing cartoons of the Prophet Muhammad.
The newspaper had in fact moved in the wake of the attack, which killed 12 people including eight of the paper’s editorial staff.
The killings in 2015 shocked France and triggered a fierce debate about freedom of expression and religion.
Originally from rural Pakistan, Mahmood arrived in France illegally in the summer of 2019.
The court had earlier heard how Mahmood was influenced by radical Pakistani preacher Khadim Hussain Rizvi, who had called for the beheading of blasphemers to “avenge the Prophet.”
Mahmood was convicted of attempted murder and terrorist conspiracy, and handed a ban from ever setting foot on French soil again.
