ISLAMABAD: Pakistan will be hiring a consultant to finalize regulations regarding satellite-based Internet services in the country, its information technology (IT) ministry said on Monday.
The statement came after State Minister for IT Shaza Fatima Khawaja chaired a meeting in Islamabad to review progress on licensing of Starlink Services, owned by US billionaire Elon Musk, and regulatory frameworks for Low Earth Orbit (LEO) satellites.
Pakistan, a country of over 240 million, has witnessed up to 40 percent drop in Internet speeds in the last few months, according to the Wireless and Internet Service Providers Association of Pakistan (WISPAP).
The drop came as the federal government last year moved to implement a nationwide firewall to block malicious content and protect government networks from cyberattacks, with IT associations saying the slowdowns have resulted in significant losses.
“During the meeting, it was decided that consultant hiring will be completed in a few weeks, for regulations,” the Pakistani IT ministry said.
“The minister emphasized the need for aligning Pakistan’s policies with global standards to unlock satellite technology’s full potential for national growth.”
Pakistan suffered a total of $1.62 billion losses due to Internet outages and social media shutdowns in 2024, according to a report by global Internet monitor Top10VPN.com, surpassing losses in war-torn countries like Sudan and Myanmar.
The report, released on Jan. 2, said Pakistan experienced 9,735 hours of Internet disruptions that affected 82.9 million users, with elections and protests cited as the primary causes.
The IT state minister last month confirmed that Pakistan was in talks with Musk’s Starlink to bring satellite Internet services to the country.
“Discussions [at Monday’s meeting] focused on expediting these processes to ensure a robust regulatory framework for LEO satellites, enhancing connectivity, and driving technological innovation,” the IT ministry added.
Pakistan also plans to enhance its Internet speeds and connectivity by linking up with the 2Africa submarine cable later this year, according to the Pakistan Telecommunications Authority (PTA), which regulates Internet in the South Asian country.
2Africa, one of the world’s largest submarine cable systems, spans 45,000 kilometers and connects 46 locations across Africa, Europe and the Middle East, offering speeds of up to 180 Tbps.
Pakistan to hire consultant in few weeks for regulatory framework on satellite-based Internet
https://arab.news/gwj27
Pakistan to hire consultant in few weeks for regulatory framework on satellite-based Internet

- Pakistan, a country of more than 240 million, has witnessed up to 40 percent drop in Internet speeds in the last few months
- The country is in talks with Elon Musk’s Starlink satellite Internet provider, plans to link up with 2Africa submarine cable
Trump says used US trade ties to persuade India, Pakistan on ceasefire

- India and Pakistan last week used fighter jets, drones, missiles and artillery to attack each other in the worst fighting between them in decades
- The two countries reached an understanding to stop all military actions on land, in the air and at the sea on Saturday in a US-brokered ceasefire
ISLAMABAD: President Donald Trump said on Monday he had used United States (US) trade ties with India and Pakistan to persuade the nuclear-armed nations to back off from further military confrontation and agree to a ceasefire.
India and Pakistan reached an understanding to stop all military actions on land, in the air and at the sea on Saturday in a US-brokered ceasefire to cease escalating hostilities that had spiraled alarmingly, threatening regional peace.
The two sides used fighter jets, drones, missiles and artillery to attack each other in the worst fighting between them since the 1999 Kargil war, leaving around 70 people dead on both sides of the border.
Speaking at an event at the White House, Trump said the countries ended hostilities for a lot of reasons “but trade is a big one,” adding that Washington was already negotiating a trade deal with India and would soon start negotiating with Pakistan.
“On Saturday, my administration helped broker a full and immediate ceasefire, I think a permanent one, between India and Pakistan, ending a dangerous conflict of two nations with lots of nuclear weapons. They were going at it hard and heavy, and it was seemingly not going to stop,” he said.
“I said, ‘Come on, we are going to do a lot of trade with you guys. Let’s stop it. Let’s stop it. If you stop it, we will do trade, if you don’t stop, we are not going to do any trade.’ People have never really used trade the way I used it.”
While Trump thought his administration had brokered a permanent ceasefire between India and Pakistan, Indian Prime Minister Narendra Modi said in a Monday evening speech India had only “paused” military action against Pakistan.
Pakistan will have to get rid of its “terrorist infrastructure” if it wants to be “saved,” Modi said in his first comments since the ceasefire.
“I will tell the global community also, if we talk to Pakistan, it will be about terrorism only...it will be about Pakistan-occupied Kashmir,” Modi said, referring to Azad Kashmir.
Pakistan and India have a history of bitter relations and both countries have fought three wars, two of them over the disputed region of Kashmir. Last week’s military conflict between them was also triggered by a militant attack in Indian-administered Kashmir that killed 26 tourists on April 22.
India struck multiple Pakistani cities on Wednesday, blaming the April 22 attack on Pakistan. Islamabad denied any complicity in the assault and reciprocated with similar strikes against Indian military targets.
Modi’s comments came a day after Pakistan said its response to Indian strikes was a “great example” of the coming together of all elements of Pakistan’s national power, warning of a similar response to any future attempts to challenge the country’s sovereignty and integrity.
“No one should have any doubt that whenever our sovereignty would be threatened and territorial integrity violated, the response would be comprehensive, retributive and decisive,” Pakistani military spokesman Lt Gen Ahmed Sharif Chaudhry said at a presser.
On Sunday, Trump also said he would try to work with both India and Pakistan to see if they can resolve their dispute over Kashmir.
“I will work with you both to see if, after a ‘thousand years,’ a solution can be arrived at concerning Kashmir,” Trump wrote on his social media platform, Truth Social, referring to India and Pakistan.
India has for years insisted Kashmir is a bilateral issue and not allowed any third-party mediation.
Pakistan stocks record single-day gain, bonds rally after ceasefire with India, IMF tranche approval
Pakistan stocks record single-day gain, bonds rally after ceasefire with India, IMF tranche approval

- Pakistan and India last week traded air, ground and drone strikes, leading to aggressive selloffs by investors
- On Monday, Pakistani rupee marked first gain since the start of May as Pakistan’s dollar bonds rose 5.7 cents
KARACHI: Pakistan’s stocks rose more than 9 percent, the highest single-day gain in decades, and its international bonds rallied on Monday, analysts said, following a ceasefire with India and the approval of $1 billion tranche by the International Monetary Fund (IMF).
The Pakistan Stock Exchange (PSX) suffered losses in the last three sessions since India struck multiple Pakistani cities with missiles on Wednesday. Pakistan responded with fighter jet, drone and artillery strikes and four days of conflict between the two sides came to a halt on Saturday evening after the United States announced a surprise ceasefire.
On Monday, the benchmark KSE-100 index rose by 9.45 percent, or 10,123 points, to close at 117, 297 points, compared to Friday’s close of 107,174 points. The country’s currency and international bonds also surged, paring their losses since tensions rose with India over an attack in Indian-administered Kashmir on April 22.
“The highest single-day gain in almost three decades comes after the ceasefire announcement of India and Pakistan,” Shankar Talreja, head of research at Karachi-based Topline Securities brokerage firm, told Arab News.
The KSE-30 index, which includes the top 30 most liquid companies, increased about 9.7 percent during the intraday trade, forcing the bourse to halt trading at 9:37am Pakistan time for an hour.
The geopolitical tensions had led to aggressive selloffs and fueled widespread investor concerns at the bourse which lost more than 12 percent between April 22 and May 8.
Monday’s rally triggered the upper circuit breaker for the second time in the PSX’s history since July 2023, according to Adnan Sami Sheikh, an analyst at Pakistan Qatar Investment Company Ltd. The otherwise risk-averse investors went on a buying frenzy primarily on the back of a US-brokered ceasefire agreement between India and Pakistan.
“Local individual investors who had been net sellers in the recent past were aggressive buyers,” Talreja said, adding that according to Bloomberg-compiled data, PSX had become the world’s third best performing stock index over the last one year.
The other factor behind Monday’s rally was the IMF’s approval of $1.4 billion loan to Pakistan under its climate resilience fund, and the release of a $1 billion as part of the country’s $7 billion bailout program secured in Sept. last year, taking the total disbursements under the program to $2.1 billion, according to analysts.
The much-awaited inflows will boost the cash-strapped nation’s foreign exchange reserves, which Islamabad seeks to increase to $14 billion by June. The IMF, which the once-near-default Islamabad has visited frequently in recent years, wants Pakistan to hold enough dollars for at least three months of imports.
PAKISTANI RUPEE AND BONDS
Pakistan’s currency marked the first gain in the last seven sessions this month and rose 0.1 percent, with the US dollar closing at Rs281.57, according to the State Bank of Pakistan.
The rupee had devalued 0.3 percent since last month, when Pakistan’s now-de-escalating border tensions with India had first resurfaced.
The South Asian nation’s global bonds also rallied sharply and rose as much as 5.7 cents globally, Reuters news agency reported, citing Tradeweb data. Most of the bond maturities have clawed back the losses sustained since April 22.
“The investors are now perceiving lower country risk premium for Pakistan,” Talreja added.
Commenting on the developments, Pakistan’s finance adviser Khurram Schehzad said the South Asian nation has much more to offer.
He said positives like the IMF board’s approval, declining interest rate, spillover effect of a potential settlement of the US-China tariff issue, and Pakistan’s “measured and responsible” response in terms of narrative and the actions on ground against India have caught the attention of investors.
“Renewed investor confidence...enhanced IMF funding and support, renewed regional investor interest, one of the lowest inflation rates and stable currency parities in the region all position Pakistan for a more meaningful economic upside moving forward,” he said.
Four killed in car, gas tanker collision in Pakistan’s northwest

- Road accidents are common in Pakistan, where highways and roads are poorly maintained and traffic laws are widely ignored
- Last month, a speeding truck carrying laborers, women and children fell into a ravine in Sindh, killing at least 13 people
ISLAMABAD: At least four people were killed on Monday when a car collided with a gas tanker in Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province, the provincial rescue service said.
The collision took place in Daraban area of KP’s Dera Ismail Khan district and the deceased included a nine-year-old child, according to a Rescue 1122 spokesperson.
The cause of the accident could not be immediately known.
“Bodies of all those killed were shifted to hospital,” the spokesperson said. “All deceased person hailed from Darazanda tehsil.”
Road accidents are common in Pakistan, where highways and roads are poorly maintained and traffic laws are widely ignored.
Last month, a speeding truck carrying laborers, women and children fell into a ravine in the southern Sindh province, killing at least 13 people and injuring 20 others, police said.
In Dec., at least 18 passengers were killed in two separate road crashes in Pakistan’s eastern Punjab and southern Sindh provinces, authorities said.
Pakistani textile industrialists expect Trump to cut export tariffs after India ceasefire

- President Donald Trump said he will “substantially” increase trade with Pakistan and India after the US brokered a ceasefire between both nations
- Pakistan industrialists say they support Washington’s efforts and remain committed to promoting peace through Pakistan-US trade-led engagement
KARACHI: Pakistani textile mill owners on Monday expressed their hopes that United States (US) President Donald Trump will reduce tariffs on Pakistan’s exports, in line with his announcement to “substantially” increase trade with Pakistan and India following a ceasefire between the two nations.
Trump’s announcement came a day after Washington brokered the ceasefire after four days of fighter jet, missile, drone and artillery strikes by India and Pakistan against the other, leaving nearly 70 people dead on both sides.
The US president has imposed a 10 percent baseline tariff on all imports to the US and higher duties on dozens of countries. Pakistan faces a 29 percent tariff due to a trade surplus with the US of about $3 billion, though the US last month announced a 90-day pause in reciprocal tariffs.
The All-Pakistan Textile Mills Association (APTMA) said Trump’s message was an “encouraging signal” for the future of US-Pakistan economic engagement, especially in the textile sector that serves as the backbone of Pakistan’s export economy.
“His statement is a timely recognition of the crucial role trade can play in this regard. The US remains Pakistan’s largest export destination, with textiles accounting for nearly 80 percent of total exports to the American market. Additionally, Pakistan is the second-largest importer of US cotton and has taken proactive steps to increase cotton imports in response to concerns over the trade imbalance,” APTMA said.
“In line with these increased imports, we expect the US to reduce existing and proposed tariffs on Pakistan’s exports, thereby enhancing market access and unlocking greater trade opportunities.”
Trump said on Sunday he would try to work with both India and Pakistan to see if they can resolve their dispute over Kashmir, which had been divided between India and Pakistan but claimed in full by both.
The two countries have fought two of their three wars over the region, while last week’s military conflict between them was also triggered by a militant attack in Indian-administered Kashmir that killed 26 tourists on April 22.
“While not even discussed, I am going to increase trade, substantially, with both of these great Nations,” Trump wrote on his social media platform, Truth Social, referring to India and Pakistan.
“Additionally, I will work with you both to see if, after a ‘thousand years,’ a solution can be arrived at concerning Kashmir,” he added.
APTMA said it supports international efforts, particularly those led by the US, aimed at fostering lasting peace in South Asia, including the resolution of long-standing disputes through dialogue and mutual understanding.
“We recognize that economic cooperation and regional stability are deeply interconnected and remain committed to promoting peace through trade-led engagement,” it said.
“Building on this momentum, we look forward to strengthening a resilient and mutually beneficial US-Pakistan trade partnership, grounded in respect, national sovereignty, and shared economic goals.”
Indian army says talks with Pakistan’s military operations chief delayed

- There were no reports of explosions or projectiles overnight, with Indian army saying Sunday was first peaceful night in recent days
- Before ceasefire on Saturday, Pakistan and India had fought with missiles and drones during four days of intense confrontation last week
ISLAMABAD: India and Pakistan have delayed until Monday evening talks between their military operations chiefs to discuss the next steps after a ceasefire, the Indian army said, as New Delhi reopened airports and shares rose in the nuclear-armed rivals.
A fragile 48-hour-old truce appeared to be holding on Monday after both sides blamed the other for initial violations on Saturday night, hours after the US-brokered deal was first announced. There were no reports of explosions or projectiles overnight, after some initial ceasefire violations, with the Indian Army saying Sunday was the first peaceful night in recent days along their de facto Line of Control border.
Saturday’s ceasefire followed four days of intense fighting with drones and missiles and gun fire exchanges across the Line of Control that divides the disputed Kashmir valley into parts administered by India and Pakistan. Dozens were reported killed.
The Indian army said on Monday both sides’ director generals of military operations would speak by telephone in the evening, a delay from an initial timing of noon (0630 GMT), but gave no reason.
“In spite of some minor damage, all our military bases and systems continue to remain fully operational,” India’s director general of air operations, Air Marshal A.K. Bharti, told a media briefing.
A day earlier, Lt. Gen. Rajiv Ghai, the director general of military operations, said India’s armed forces struck nine militant infrastructure and training facilities, including sites of the Lashkar-e-Taiba group that India blames for carrying out major militant strikes in India and the disputed region of Kashmir.
At a televised news conference on Sunday, Pakistan military spokesman Lt. Gen. Ahmad Sharif Chaudhry said Pakistan’s armed forces targeted a total of 26 Indian military installations in response to India’s missile strikes which were launched before dawn Wednesday.
He said the military had vowed it would respond to the Indian aggression, and it has fulfilled its commitment to the nation. Sharif warned that any threat to Pakistan’s sovereignty or territorial integrity would be met with a “comprehensive, retributive, and decisive” response.
He said Pakistan exercised “maximum restraint” during the counterstrike, employing medium-range missiles and other munitions, and that no civilian areas were targeted inside India.
MARKETS INCH UP
Pakistan halted trading on Monday for an hour after its benchmark share index rose nearly 9 percent, having recovered most of its losses in the past three sessions after India’s first strikes last Wednesday.
Late on Friday, the International Monetary Fund approved a fresh $1.4-billion loan to Pakistan under its climate resilience fund and approved the first review of its $7 billion program.
Pakistan’s benchmark share index closed up 9.4 percent on Monday, while India’s blue-chip Nifty 50 index closed 3.8 percent higher in its best session since February 2021.
Before the ceasefire took hold on Saturday, the arch rivals had targeted each other’s military installations with missiles and drones, as relations turned sour after India blamed Pakistan for a militant attack that killed 26 tourists on Apr. 22. Pakistan denies the accusations and has called for a neutral investigation.
Saturday’s truce was first announced by US President Donald Trump. US officials also said the two nations had agreed to hold talks on a broad set of issues at a neutral site though no date has been announced yet.
Kashmir has been a bone of contention between the two countries since independence from British colonial rule in 1947. Both countries claim the Muslim-majority region in full but govern only parts of it. They have fought two of their three wars since 1947 over the disputed territory.
Islamabad has thanked Washington for facilitating Saturday’s ceasefire and welcomed Trump’s offer to mediate on the Kashmir dispute with India but New Delhi has not commented on US involvement in the truce or talks at a neutral site.
- With inputs from Reuters