Pakistan, China sign 32 agreements in ‘historic moment’

Prime Minister Muhammad Shehbaz Sharif witnesses the signing of framework agreement between the Ministry of Information Technology of the Government of Pakistan and Huawei in Shenzhen, China, on June 5, 2024. (GOP)
Updated 05 June 2024
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Pakistan, China sign 32 agreements in ‘historic moment’

  • MoUs signed in IT, textiles, leather and footwear, minerals, pharmaceuticals and agriculture and food processing
  • The agreements were signed during the second day of Prime Minister Shehbaz Sharif’s visit to China from June 4-8

ISLAMABAD: Pakistan and China on Wednesday signed 32 memorandums of agreement in the fields of IT, textiles, leather and footwear, minerals, pharmaceuticals and agriculture and food processing, a statement from the prime minister’s office said. 
The agreements were signed during the second day of PM Shehbaz Sharif’s visit to China from June 4-8 as the South Asian nation pushes to bring in much needed foreign direct investment. 
The focus of Sharif’s visit is business-to-business meetings and efforts to seek an upgrade for the China-Pakistan Economic Corridor (CPEC), a flagship of President Xi Jinping’s Belt and Road Initiative, through which Beijing has pledged over $60 billion in Pakistan since 2015.
“A historic moment between private sectors of Pakistan and China was observed today when 32 MoUs in different fields were signed on the sidelines of the Pakistan Business Conference in Shenzhen after the B2B (business to business) meetings between the Pakistani businessmen and their counterparts from China,” the PMO said. 

“The areas of interest for the business community of both sides included the fields of electronics & home appliances, ICT, textile, leather & footwear, minerals and pharmaceuticals etc.”
The private sectors of both countries signed four MoUs in the field of energy, two in automobiles, one in cultural cooperation, four in IT, six in pharmaceutical and health care, four in logistics and ten in agriculture and food processing. A Letter of Intent (LoI) in the field of Optical Fibre Networks was also signed. 
“Business Conference Shenzhen 2024 will not only pave the ground for the introduction of Pakistani products in the regional markets, but it will also leave a positive impact of strong regional government-business relations on Pakistan economy’s strategic transformations,” the PMO said. “An unprecedented next level industrial cooperation between the two nations is expected out of this B2B initiative of the government.”
“Many businesses sat together and participation took place,” National Bank of Pakistan President Rehmat Ali Shamsi, who is part of the delegation visiting China, told state media. “Plus, many MOUs were also signed.”

Additional Secretary of the Board of Investment, Dr. Erfa Iqbal, said the Pakistani delegation was expecting “high-level industrial corporation” from China to help in increasing exports, making way for local products to reach international markets. 
“This will also strengthen CPEC in the second phase,” she added.

 


PM Sharif says second phase of CPEC to help transform Pakistan’s economy

Updated 17 sec ago
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PM Sharif says second phase of CPEC to help transform Pakistan’s economy

  • CPEC, a part of China’s Belt and Road Initiative, aims to connect China to the Arabian Sea and help Islamabad expand and modernize its economy
  • Beijing has shown willingness for its second phase that includes new corridors for growth, livelihood, innovation, green economy and development

ISLAMABAD: Prime Minister Shehbaz Sharif said on Thursday the second phase of the China-Pakistan Economic Corridor (CPEC) would help Pakistan transform its economy, Pakistani state media reported.
The statement came at a reception hosted by the Chinese embassy in Islamabad with regard to China’s National Day, which was attended by PM Sharif, President Asif Ali Zardari, diplomats, dignitaries, and senior civil and military officers.
CPEC, a part of China’s Belt and Road Initiative, aims to connect China to the Arabian Sea through a network of roads, railways, pipelines and ports in Pakistan and help Islamabad expand and modernize its economy.
China has also shown willingness for the second phase of CPEC and has given assurances for the establishment of five new corridors, including that of growth, livelihood, innovation, green economy and open regional inclusive development.
“We are entering into the second phase of CPEC which has huge potential of mutual cooperation in the field of agriculture, information technology, mines and minerals and many other important areas of mutual interests,” the state-run APP news agency quoted Sharif as saying at the event to commemorate China’s 75th anniversary.
He acknowledged China’s critical role in Pakistan’s talks with the International Monetary Fund (IMF) for a new $7 billion bailout program to keep its economy afloat. Islamabad has for years relied on China, Saudi Arabia and the United Arab Emirates (UAE) for assistance to meet such external financing requirements.
“The ongoing partnership not only fostered regional development and peace but also contributed to global stability and progress, aligning with President Xi Jinping’s vision,” Sharif added.
Speaking at the event, President Zardari reaffirmed Pakistan’s commitment to working together with China for shared prosperity, peace and stability in the world.
The high-quality development of CPEC would “help unlock greater benefits for our people, besides enhancing connectivity and prosperity of the region,” he was quoted as saying by the APP.
President Zardari felicitated the Chinese people on the auspicious occasion, saying the first of October marked the rebirth of a strong, united China that was achieved through the “heroic struggle” of the Chinese people under the leadership of the Communist Party.
He reflected on the invaluable contributions made by the successive generations in transforming the Pakistan-China friendship into an all-weather strategic cooperative partnership.


UAE’s AD Ports delegation discusses investment opportunities with Pakistan’s deputy PM

Updated 8 min 42 sec ago
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UAE’s AD Ports delegation discusses investment opportunities with Pakistan’s deputy PM

  • High-ranking AD Ports delegation meets Ishaq Dar to discuss investment opportunities particularly in aviation sector
  • To ward off its prolonged economic crisis, Pakistan has intensified its efforts in recent months to attract international investments

ISLAMABAD: A delegation of the UAE’s Abu Dhabi Ports (AD) group discussed investment opportunities with Pakistan’s Deputy Prime Minister Ishaq Dar this week, his office said, amid Islamabad’s push to secure investments to bolster its fragile economy. 
Pakistan has intensified its efforts in recent months to attract international investments, particularly from Gulf countries, as it looks to evade a prolonged macroeconomic crisis. The South Asian country has been struggling with a chronic balance of payments crisis, a weak currency and low foreign reserves that have crippled its $350 billion economy. 
AD Ports Group, a leading maritime and logistics provider in the Middle East, signed an agreement in July this year to invest $250 million in Pakistan in 10 years as it plans to build an advanced port facility in the country’s seaside metropolis of Karachi.
“A high-ranking UAE delegation led by CEO of Shipping and Transhipment, Abu Dhabi Ports Amir Maghami, today called on DPM/FM @MIshaqDar50 to discuss investment opportunities in Pakistan, particularly in the aviation sector,” Dar’s office said. 
The UAE is Pakistan’s third-largest trading partner after China and the United States. It is also an ideal export destination for the South Asian nation as the short distance between the two countries limits transportation costs and facilitates commercial exchanges.
The Middle Eastern country is also home to over a million and a half Pakistani expatriates. After Saudi Arabia, the UAE is Pakistan’s largest source of workers’ remittances and the preferred choice of thousands of laborers who live and work in the country.


Female leopard succumbs to gunshot wounds in Pakistan’s capital

Updated 21 min 12 sec ago
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Female leopard succumbs to gunshot wounds in Pakistan’s capital

  • Leopard was brought to Islamabad from Azad Kashmir, where it suffered gunshot wounds
  • She was shot near the heart at close range which proved fatal, says wildlife official 

ISLAMABAD: A female leopard succumbed to gunshot wounds in Pakistan’s capital this week, state-run media reported, despite efforts by the city’s wildlife team to save her life.
The leopard, also known as “The Malka Queen” was rescued from Azad Kashmir’s Haveli district by the Islamabad Wildlife Management Board (IWMB) in a severely injured state after being wounded by gunshots, the Associated Press of Pakistan (APP) said.
It said bullets had damaged the leopard’s spinal cord and rear paws due to which she could neither stand nor walk. The report did not specify when the female leopard was rescued and brought to Islamabad.
“A female leopard (Malka-Queen) rescued from Azad Jammu and Kashmir’s Haveli district perished amid rehabilitation efforts of IWMB,” APP said. 
It added that the killer had shot the leopard close to her heart which proved fatal for her. 
An IWMB spokesperson said medical experts removed the bullets from the leopard’s body but were unable to prevent her from dying. 
“One shot hit Malka near the heart and the other near the spinal cord,” the spokesperson said. “The veterinarians had also expressed concern for the Queen’s life as the vet had already indicated minimal chances of recovery but still, we tried our best as we wanted to give her a chance.”
The IWMB had informed the Azad Kashmir Wildlife Department about the leopard’s death, prompting the latter to initiate legal action against the accused responsible for shooting the leopard, the spokesperson said. 
 “We have informed AJK wildlife department that it’s a 12-bore shotgun shot hit from quite close distance with an SG or LG Cartridge,” the spokesperson said. 
The body of the leopard was shifted to the Pakistan Museum of Natural History in consultation with the Azad Kashmir Wildlife Department to preserve the leopard’s taxidermy for research and education purposes. 
The IWMB official clarified that taxidermy of only those wild animals was allowed that were considered important for research and education purposes whereas those with risks of communicable or viral diseases were buried.
He said taxidermy was an important component required for further research and education purposes to enhance knowledge of the wild species.


Pakistan anti-narcotics body teams up with Higher Education Commission against drugs on campus

Updated 38 min 33 sec ago
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Pakistan anti-narcotics body teams up with Higher Education Commission against drugs on campus

  • According to 2022 study by ANF, about 53% of university and college students in Pakistan were exposed to drugs
  • Student and facility say easy access, stress, sense of isolation and social media adding to problem of drug use 

ISLAMABAD: As Pakistan’s Anti-Narcotics Force (ANF) this month announced a country-wide campaign against drugs on educational institutions, the chairman of the Higher Education Commission (HEC) as well as teachers and students in the federal capital also acknowledged the growing problem of narcotics use at the nation’s colleges and universities. 
According to an ANF study conducted in 2022, about 53 percent of students at Pakistani universities and colleges had been exposed to drugs, with around 27 percent admitting to using them.
“This campaign is in all tiers, like in drug demand reduction domain, in kinetic operations domain, in collecting information, in increasing outreach of government institutions so that that there is no drug or there is zero tolerance of any drug in any educational institution,” ANF Director Syed Sijjeel Haider told Arab News in an interview this month, explaining the agency’s plans to crackdown on drug use at institutions of higher learning.
“We are arranging awareness sessions in all universities. We are sensitizing the vice chancellors and the professors, etc. We are also sensitizing the parents, the teachers. We are also establishing focal points in all universities in collaboration with the Higher Education Commission.”
Haider said the ANF was in the process of collecting “focused and specific information” about drug use and sale of drugs in educational institutions.
“Accordingly, we will take enforcement measures as well,” he said, adding that the ANF had acted 84 times this year against drug dealers at educational institutions and filed charges against individuals arrested.
Pakistan’s interior ministry this year approved a new National Drug Survey, more than a decade after the last survey, conducted in 2012-13, revealed that around six percent of the Pakistani population, or 6.7 million people at the time, had used substances other than alcohol and tobacco in the previous year. The highest prevalence of drug use was recorded in the Khyber Pakhtunkhwa province, where nearly 11 percent of the population had used an illicit substance.
HEC Chairman Dr. Mukhtar Ahmed acknowledged that drug use was becoming a rampant problem on campuses.
“Yes, this is an issue and we are very much serious and we are concerned,” Ahmed told Arab News in an interview earlier this month. “The government has given a policy of smoke-free campuses and we have evolved a policy document, which was approved by the Commission and we have asked all universities to implement it.”
“Similarly, we are working with different bodies, statuatory bodies, regulatory bodies that they should also provide support and curb those people [drug dealers] which are doing such type of activity, especially when they are reaching our education institutions. It is not only in higher education, it is everywhere, unfortunately. But I think everybody is alert, university administration, government, HEC and other agencies are also working on these things.”
Ahmed said the menace of drug use could not be controlled by any single institution or body.
“It is the collective responsibility of parents, society, teachers, the HEC and university administrations,” the HEC chairman said, pointing out how social media platforms had made buying drugs or being exposed to dealers much easier. “We are all responsible for ensuring that such things do not happen.”
“VERY EASY TO ACCESS”
Students and faculty at a number of universities in the Pakistani capital also cited the easy availability of drugs as one of the key factors fueling the problem.
“The main issue with drugs is that they are very easy to access. With just one phone call, you can get any illegal substance delivered to your doorstep for very little money,” Muhammad Bilal Sial, a computer science student at the Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZABIST) in Islamabad, told Arab News.
“There are parties, there are pills, and many other things,” he added. 
Stress was a major factor also, many students said. 
Students are using drugs a lot, one reason is anxiety due to pressures, and financial issues,” Sial said. “Plus there are no jobs, no businesses and students are roaming around [unemployed] with degrees.”
Mahnoor Shah, a psychology student at Quaid-e-Azam University, also pointed to stress and a sense of isolation as a reason why students were turning to drugs. 
“Many students stay in the hostels, leaving their homes, so they indulge in such things due to loneliness, as it is very difficult to live alone,” she told Arab News.
Muqaddas Iqbal, another student at Quaid-e-Azam University, attributed the rise in drug use to peer pressure. 
“First of all, there is a lot of peer influence. If a friend is taking drugs and it is something normal for him, then you start thinking this must be something normal for me as well,” she said. “They start taking things out of a sense of adventure or thrill but ultimately, they become addicted.”
Dr. Wajid Zulqarnain, Head of the Media Sciences Department at SZABIST, said most students who took drugs lacked a strong bond with parents, making them more vulnerable to substance abuse.
“Majority of the cases is that they feel alien, they don’t have a good relationship with their parents,” he said, urging parents to pay more attention to their children’s activities and social media use. 
“Even though they [children] know this [drugs] is not good for their health, they take them because they don’t feel that they have any other alternative.”
Zulqarnain also blamed the proliferation of social media for the rise in drug use on campuses. 
“Particularly the students and the young students especially, after the invention of social media, that they have now easily accessed those groups and members who supply these types of drugs, particularly ice and atoms [methamphetamine],” he said. 
“Before that, it was thought that there were some sort of lower [university] staff involved in such activities, but not now.”


Pakistan, US agree to schedule key talks on trade and investment ‘soon’

Updated 19 September 2024
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Pakistan, US agree to schedule key talks on trade and investment ‘soon’

  • Trade and Investment Framework Agreement serves as platform for both countries to resolve issues related to bilateral trade
  • Commerce minister says US remains Pakistan’s” top” trading destination, calls for strengthening bilateral trade relations 

ISLAMABAD: Pakistan’s Commerce Minister Jam Kamal and US Trade Representative Katherine Tae on Thursday held talks focused on enhancing bilateral trade relations between the once close allies, with both sides agreeing to schedule the key Trade and Investment Framework Agreement (TIFA) talks “soon.”

TIFA serves as a platform for Pakistan and the US to improve market access, promote bilateral trade and investment, resolve disputes, and work on trade-related issues between the two countries. 

Pakistan and the US took part in high-level trade talks in Feb. 2023 when both countries participated in the 9th Pakistan-United States Trade and Investment Framework Agreement (TIFA) Council meeting. That meeting took place after seven years. 

Khan held a virtual meeting with Tai during which he said America remains Pakistan’s “top trading destination, expressing his country’s desire to further expand this partnership. 

“During the meeting, it was confirmed that the next Trade and Investment Framework Agreement (TIFA) meeting would be scheduled soon, along with discussions on agriculture, textiles, women’s empowerment, IT and E-commerce,” the commerce ministry said in a statement. 

Khan highlighted Pakistan’s “strong performance” in the agriculture sector, particularly in mangoes and dates, the ministry said, adding that he also spoke about the potential for growth in value-added agro-services.

Tai acknowledged Pakistan’s contributions, particularly its agricultural exports, and praised the quality of Pakistani mangoes, the statement said. 

“Minister Jam Kamal invited Tai to attend Pakistan’s TEXPO in October,” the commerce ministry said. It said Tai was grateful for the invitation and expressed interest in attending the event. 

In return, Tai invited Kamal to visit Washington to further explore trade opportunities between the two countries.