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Pakistan PM uses New York visit to pitch new investment council to the world

In this handout photo, taken and released by the Prime Minister's Office, Pakistan Caretaker Prime Minister Anwar-ul-Haq Kakar (left) gestures during a session of Council of Foreign Relations on the sidelines of the 78th UNGA Summit in New York on September 21, 2023. (Photo courtesy: PMO)
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Updated 22 September 2023
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Pakistan PM uses New York visit to pitch new investment council to the world

  • Pakistan in June set up Special Investment Facilitation Council, a civil-military forum, to attract foreign funding
  • SIFC has identified five sectors as priority namely IT, agriculture, defense, minerals and mining and energy
Updated 22 September 2023
Arab News Pakistan

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar is using his visit to New York this week to attend the UN General Assembly to meet business and thought leaders and stakeholders and make the case for improved business climate in Pakistan and its potential for foreign direct investment in a range of sectors.
Pakistan in June set up a Special Investment Facilitation Council (SIFC) — a civil-military hybrid forum — to fast-track decision making and promote investment from foreign nations, particularly Gulf countries.
The council has identified five sectors as priority, namely agriculture, mining, information technology, defense production and energy, as the South Asian country deals with a balance of payments crisis and requires billions of dollars in foreign exchange to finance its trade deficit and repay its international debts in the current financial year.
“Attracting foreign investments in all sectors of Pakistan’s economy is the government’s top priority,” Kakar was quoting as saying in a statement released after he met a delegation of the US Pakistan Business Council (USPBC), on the sidelines of the annual session of United Nations General Assembly in New York on Thursday evening.




Pakistan's Caretaker Prime Minister Anwaar-ul-Haq Kakar addresses the SDG Summit Leaders Dialogue on the sidelines of the 78th UN General Assembly session at the United Nations Headquarters in New York on September 20, 2023. (Photo courtesy: PMO)


He told the group his government was focused on creating a business-friendly environment and would welcome all suggestions.
 “The government believes in no-holds-barred foreign investment regime, and has constituted the Special Investment Facilitation Council (SIFC) to facilitate foreign investors, bolster their confidence and expedite project implementation in priority areas of agriculture, IT, energy and minerals and mining,” a statement from Kakar’s office said.
He said the US corporate sector “must look at ways and means” to enhance its “very long and productive” relationship with Pakistan, identifying agriculture, IT, pharmaceuticals, health and digital banking as sectors where US companies could enhance investments in Pakistan.
Esperanza Jelalian, USPBC President, told Kakar the body would “continue to engage with the government of Pakistan to seek mutually beneficial ways of enhancing cooperation.”
Speaking earlier in the day at the Council on Foreign Relations, Kakar welcomed the revival of the Pakistan-US Trade and Investment Framework Agreement (TIFA) after a gap of eight years, saying the forum should pave the way for enhanced investment in Pakistan.

“The United States is our largest export destination. Over the past year, Pakistan’s total exports to the US reached an impressive $ 8.4 billion,” Kakar said. “We need to work on US investment in Pakistan.”
As caretaker prime minister, Kakar said, he was making it a “priority” to improve Pakistan’s business climate and attract US capital and expertise.
“More than 80 US enterprises are already operating and thriving in Pakistan, contributing to our mutual prosperity. This constitutes a good infrastructure for investment on which we can build further investment partnership,” the PM added.
On Thursday, Kakar also met the CEO of Rio Tinto Group, a global leader in mining and minerals, and discussed investment opportunities in Pakistan.
He briefed Jakob Stausholm about the country’s vast untapped mineral reserves, valued at over $6 trillion, which include substantial deposits of gold, copper, and rare earth metals.
“The prime minister outlined Pakistan’s robust economic vision, emphasizing the government’s commitment to sustainable growth through efficiency enhancement, reduced business costs, regulatory improvements, increased productivity, and higher investments,” a statement from the PM’s office said.




In this handout photo, taken and released by the Prime Minister's Office, Pakistan Caretaker Prime Minister Anwar-ul-Haq Kakar (left) gestures during a meeting with Rio Tinto Group head, Jakob Stausholm, on the sidelines of the 78th UNGA Summit in New York on September 21, 2023. (Photo courtesy: PMO)

“He underscored the role of the Special Investment Facilitation Council, which acted as a single-window platform, simplifying procedures and fostering an investor-friendly environment.”
The prime minister invited Stausholm and his team to visit Pakistan and explore investment opportunities further.
“CEO of Rio Tinto Group thanked the prime minister for the invitation and assured that his team would liaise with the relevant authorities to explore investment opportunities in Pakistan’s mineral and mining sector,” the statement said.
 

Topics: 78th UN General Assembly 78th United Nations General Assembly Prime Minister Anwaar-ul-Kakar

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Pakistan reports first polio case of 2025 from country’s northwest

Updated 6 sec ago
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Pakistan reports first polio case of 2025 from country’s northwest

  • Pakistan last year suffered from a surge in polio cases, reporting 73 infections countrywide 
  • South Asian country will hold first nationwide vaccination drive of this year from February 3
Updated 6 sec ago
NAIMAT KHAN

KARACHI: Pakistani health authorities confirmed this year’s first polio case on Wednesday from the country’s northwestern Khyber Pakhtunkhwa province, amid Islamabad’s attempts to stem the spread of the disease. 
Polio is a paralyzing disease with no cure. Multiple doses of the oral polio vaccine, along with completing the routine vaccination schedule for all children under the age of five are crucial to provide children with strong immunity against the disease.
The Regional Reference Laboratory for Polio Eradication at the National Institute of Health (NIH) confirmed that this year’s first case was reported from the northwestern Dera Ismail Khan district of the province. Last year, the South Asian country reported 73 polio cases countrywide.
“On Wednesday, Jan. 22, 2025, the lab confirmed one polio case from D.I. Khan,” the Pakistan Polio Eradication Program said in a statement. “D.I. Khan is one of the districts of South KP having 11 polio cases in 2024.”
Giving a breakdown of the 73 polio cases in 2024, the program said 27 were reported from southwestern Balochistan, 22 from KP, 22 from southern Sindh, and one each from the eastern Punjab province and the capital city of Islamabad.
Pakistan, along with neighboring Afghanistan, remains one of the last two polio-endemic countries in the world. In the early 1990s, Pakistan reported around 20,000 cases annually, but by 2018, the number had dropped to just eight cases. Only six cases were reported in 2023, and one in 2021.
However, Pakistan’s polio eradication efforts have faced several challenges in recent years, including attacks by militants and misinformation spread by religious hard-liners.
The Pakistan polio program is scheduled to hold the country’s first nationwide vaccination drive of this year from Feb. 3 to Feb. 9.

Topics: Polio cases in Pakistan

Pakistan’s space agency says rare ‘Planetary Parade’ to be visible from January’s last week

Updated 7 min 8 sec ago
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Pakistan’s space agency says rare ‘Planetary Parade’ to be visible from January’s last week

  • Planetary Parade refers to when four or more planets align in a straight line
  • Venus, Mars, Jupiter and Saturn will be visible to the naked eye, says space agency
Updated 7 min 8 sec ago
Arab News Pakistan

ISLAMABAD: Pakistan’s national space agency said this week that people will be able to see the “Parade of the Planets,” a celestial spectacle in which four or more planets will line up in the sky, from the naked eye beginning from the last week of January till mid-February. 
A planetary parade, or planetary alignment, is a rare celestial event where multiple planets in our solar system align in a straight line or appear close together in the sky. This occurs when the orbits of the planets bring them together in a specific configuration.
“The lining up of four or more planets in the sky is usually called Parade of the Planets,” Pakistan’s Space and Upper Atmosphere Research Commission (Suparco) said on Tuesday. “Out of all these planets, Venus, Mars, Jupiter and Saturn will be visible to the naked eye.”
It said that since the moon will be a waning crescent on Jan. 25, from a moderately pollution free sky, Mercury, Venus, Mars, Jupiter and Saturn will appear within a similar celestial line.
The space agency said familiarity with constellations would make it easier for people to identify planets. It said many free stargazing applications were available to identify celestial objects in the sky.
“To find out the name of an object, access the app and point the device toward the object in the sky and the app will display the names of the objects toward which the app is pointed out,” Suparco said.
It said Mars would be visible on the eastern horizon in the constellation Gemini whereas a brighter Jupiter would be located in the constellation Taurus.
“If the sky is dark enough, you can also enjoy the beautiful Pleiades, Hyades, and the yellow star Aldebaran,” Suparco said. 
The space agency said high-powered binoculars or a telescope would be required to observe Uranus which lies in the constellation Aries.
It added that strong binoculars would be required to see Neptune in the constellation Pisces while Saturn and Venus would also be visible.

Topics: suparco

Imran Khan’s party says no talks with Pakistan government unless it forms judicial commissions

Updated 35 min 46 sec ago
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Imran Khan’s party says no talks with Pakistan government unless it forms judicial commissions

  • Khan’s party has demanded judicial commissions to probe anti-government protests of May 2023, November 2024
  • Government’s negotiation committee says will respond to demands by Khan’s party in writing on January 28
Updated 35 min 46 sec ago
Muhammad Ibrahim

ISLAMABAD: Former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party leader, Omar Ayub Khan, on Wednesday ruled out further negotiations with the government unless its forms judicial commissions to probe the May 9, 2023 and November 2024 anti-government protests, amid efforts by both sides to break the prevalent political deadlock in the country. 
Khan last month set up a negotiation committee of PTI members, including Omar Ayub Khan who is also the Leader of the Opposition in the National Assembly, to hold talks with the government to ease political tensions. During the third round of talks between the two sides on Jan. 16, the PTI presented its “Charter of Demands” in writing to the government. 
The party’s key demands include the release of political prisoners and the establishment of judicial commissions to investigate the May 9, 2023, and November 2024 protests. Khan’s brief detention on graft charges on May 9, 2023, had sparked countrywide protests that saw his supporters attack and ransack military installations in an unprecedented backlash against Pakistan’s powerful army generals. 
In November 2024, Khan supporters from across the country defied blockades from various parts of the country to arrive in the capital to demand his release from prison. The government says four troops were killed while the PTI says 12 of its supporters died in clashes between law enforcers and Khan supporters.
“I wrote this in a tweet last night and this is Imran Khan’s directives too: no commissions, no negotiations,” Omar Ayub Khan told reporters outside the National Assembly. “End of discussion, we don’t accept it. The [judicial] commission of May 9 and the commission of Nov. 26.”
The opposition leader’s statement came shortly after Irfan Siddiqui, a key member of the government’s negotiation committee, said it would respond to the PTI’s written demands on Jan. 28. 
When asked whether the committee had decided to form the judicial commissions, Siddiqui responded:
“We have not decided on the question of whether to form or not form [judicial commissions],” Siddiqui told reporters after a consultative meeting of the committee ended. 
“That is why deliberations are taking place. Had this decision been taken today, there would be no need to hold meetings tomorrow and the day after that,” he added. 
Siddiqui hoped negotiations between both sides would produce fruitful results. 
The talks opened last month as Khan had threatened a civil disobedience 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 the 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.
Khan, facing a slew of legal cases from jail, says all charges against him are politically motivated to keep him and his party out of power. Khan had to sit out February 2024 general election as convicted felons cannot run for public office in Pakistan.
An anti-graft court last Friday sentenced the former premier to 14 years in jail and his wife, Bushra Khan, to seven years in prison, on charges of receiving land as bribe for a real estate tycoon in exchange for favors. Khan, his wife and the real estate tycoon have denied any wrongdoing in the case.

Topics: Imran Khan Pakistan Tehreek-e-Insaf (PTI) party

Pakistani cricketers Saud Shakeel, Noman Ali break into ICC top 10 Test rankings

Updated 22 January 2025
Shahjahan Khurram 
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Pakistani cricketers Saud Shakeel, Noman Ali break into ICC top 10 Test rankings

  • Saud Shakeel and Noman Ali were both instrumental in Pakistan’s recent Test win against West Indies in Multan
  • Shakeel moves up to number 8 in batter’s rankings as Noman Ali moves to number 9 in ICC bowler’s rankings
Updated 22 January 2025
Shahjahan Khurram 

ISLAMABAD: Pakistani cricketers Saud Shakeel and Noman Ali have broken into the International Cricket Council’s (ICC) top 10 Test batter’s and bowler’s rankings, the cricket governing body said on Wednesday, after their recent heroics against the West Indies at home. 
Shakeel, Ali and spinner Sajid Khan were instrumental in Pakistan’s 127-run convincing victory against the West Indies in Multan last week. Noman grabbed six wickets in the Test match, including a fifer in the West Indies’ first innings that helped dismiss the Caribbean team before they could amass a sizable lead over Pakistan’s first innings total. 
Shakeel scored a heroic 84-run knock to steer Pakistan out of the woods in the first innings, helping the team reach 230 runs before they were dismissed. 
“Batter Saud Shakeel and bowler Noman Ali are Pakistan’s big movers in the newly updated ICC Men’s Test Rankings,” the ICC said in a report on its website. “Saud Shakeel (753 ratings points) scored 84 in the first innings, climbing three Rankings spots to 8th on the batting list, moving above Steve Smith (746, 9th) and Rishabh Pant (739, 10th).”
Ali, with 761 points to his credit, broke into the top 10 by securing the number nine position. India’s Jasprit Bumrah with 908 points and Australia’s Pat Cummins with 841 points occupy the first and second position, respectively. 
“Other notable movers include Pakistan’s Sajid Khan (621), who climbed 18 places to No. 23 after his standout performance in Pakistan’s victory in the first Test,” the ICC said. 
Pakistan, who lead 1-0 in the two-match Test series, will next face the West Indies in Multan for the second Test on Jan. 25. Both teams are placed at the bottom of the World Test Championship after successive losses to other teams. 
Pakistan are expected to head into the second Test with both Khan and Ali in the playing XI. The South Asian team have been making spin-friendly tracks in Multan and other venues across the country ahead of Test series to capitalize on its home conditions. 
Pakistan beat England 2-1 in a three-match Test series at home, capitalizing again on the spin-friendly tracks. However, the South Asian team lost to South Africa 2-0 in an away Test series this month.

Topics: noman ali Saud Shakeel

Pakistan’s most populous Punjab province launches cash cards for minorities

Updated 22 January 2025
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Pakistan’s most populous Punjab province launches cash cards for minorities

  • Punjab government to provide $37.65 per family every quarter to minorities under ‘Minority Card’
  • Pakistan’s minorities have suffered attacks from religiously motivated militants in the recent years
Updated 22 January 2025
Hasaan Ali Khan

ISLAMABAD: The chief minister of Pakistan’s most populous Punjab province, Maryam Nawaz, launched cash cards for minorities on Wednesday, stressing the importance of undertaking measures to ensure they are not marginalized in the country. 
Nawaz announced the ‘Minority Card’ in October last year during the Hindu festival of Diwali. Through the card, the provincial government will provide Rs10,500 [$37.65] per family every quarter to Sikhs, Christians, Hindus and other minorities residing in Punjab. 
The chief minister had said that 50,000 individuals from minority communities in Punjab would receive the card during the first phase of its launch. She had said that the provincial government would increase both the number of beneficiaries to 75,000 and the per quarter funds as well. 
“I am very happy that that for the first time in Pakistan and Punjab’s history we have launched the minority card,” Nawaz said at the launching ceremony of the card. 
She thanked Punjab Minority Affairs Minister Sardar Ramesh Singh Arora and the Bank of Punjab for helping the provincial government in “making and implementing” the card.
Emphasizing that minorities were like the “crown on her head,” Sharif said the true identity of minorities was not non-Muslims but “true Pakistanis.” She distributed minority cards among participants at the ceremony.
Pakistani minorities have often suffered attacks at the hands of religiously motivated militants and hard-liners. There have been dozens of instances of mob violence against religious minorities in the South Asian nation in recent years, including an attack on Christians in Punjab’s Jaranwala town in August 2023. An angry mob had torched churches, homes and businesses targeting the Christian community there over blasphemy allegations. 
In the country’s southern Sindh province, Hindus have frequently complained about forced conversions, particularly of young girls, and attacks on temples.
Over 96 percent of Pakistan’s population is Muslim, according to the population census of 2023, with the remaining four percent comprising 5.2 million Hindus, 3.3 million Christians, 15,992 Sikhs and others.

Topics: chief minister maryam nawaz sharif Pakistan Minority Day

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