Connect with us

Pakistan

Pakistan, UAE vow to bolster ‘strategic partnership’ in joint statement

Published

on

  • PM Shehbaz holds meetings with UAE leadership.
  • Discussions focused on strengthening bilateral relationships.
  • UAE announces $3 billion economic relief for Pakistan.

Pakistan and the United Arab Emirates (UAE) agreed on the need to intensify the “strategic partnership and cooperation” between the two countries during a bilateral meeting, a joint statement issued by the Foreign Office (FO) said Friday. 

The statement was issued at the conclusion of Prime Minister Shehbaz Sharif’s two-day official visit to the Gulf country during which he met UAE President Mohamed bin Zayed Al Nahyan and held detailed discussions on concrete measures to strengthen the bilateral relationship. 

On Thursday, the UAE also provided a $3 billion lifeline to Pakistan to help the country amid depleting forex reserves.

During the meeting, the two sides — with a view to developing tangible and meaningful bilateral cooperation in key areas — agreed to intensify consultation and coordination to bolster strategic partnership and cooperation, particularly in the field of information and communication technologies and work together for bridging the digital divide.

The two leaders, the statement added, also exchanged views on regional political and security matters. 

“They also discussed a specific initiative to enhance cooperation in political, defence, economic, commercial and cultural areas, developing joint ventures, and strengthening collaboration in the human resource sector,” it said. 

The prime minister thanked the UAE president for generous assistance during the recent floods in Pakistan, particularly through an air bridge established for this purpose.

During PM Shehbaz’s interaction with the UAE leadership, both countries reaffirmed their historical and brotherly ties, rooted in shared religion, culture, values, and pursuit of regional and global peace and security. They also expressed satisfaction at the convergence of views on a host of regional and global issues.

Based on their decades-old fraternal ties, both countries expressed solidarity with each other in efforts to preserve their sovereignty and territorial integrity, read the statement. 

Moreover, the two sides signed Memoranda of Understanding in the field of combating human trafficking, information exchange, and between the diplomatic academies of both countries.

Accepting PM Shehbaz‘s invitation to Pakistan, President Nahyan agreed to visit Pakistan at a later date.

This was the prime minister’s third visit to the UAE after assuming office. He is also accompanied by a high-level delegation, including key members of the cabinet. 

Loan to Pakistan

A day earlier, the UAE president agreed to roll over the existing loan of $2 billion and provide an additional $1 billion loan to Pakistan. 

The much-needed relief was critical for cash-strapped Pakistan’s distressed economy as the ninth review of the International Monetary Fund (IMF) programme to clear the release of the next $1.1 billion tranche of funds has been pending since September.

Pakistan faces a severe economic crisis, with its central bank foreign exchange reserves falling to a critical level of below $5 billion, which is barely enough for three weeks of imports.

Latest News

After taking an oath to lead JI, Hafiz Naeem declares an anti-government movement.

Published

on

By

The JI’s headquarters, Mansoora, hosted an oath-taking ceremony that was attended by workers, party leaders, and former chief of the party Sirajul Haq, Liaqat Baloch, and others from around the nation.

Speaking at the event, Hafiz Naeem—who was elected as the JI’s sixth Ameer—reaffirmed the party’s commitment to advancing its principles and goals and stated that he believed the JI would lead the nation as a whole.

He added that his party would start a broad campaign against the “fake democratic” process and Form 47, which the government “imposed.” He went on, “Workers should get ready for the movement.”

Hafiz Naeem further urged the JI to collaborate with like-minded groups who feel that the public mandate was “stolen” on February 8.

Hafiz Naeem succeeded Maulana Abul Ala Maududi (1941–72), Sirajul Haq (2013–2024), Qazi Hussain Ahmed (1987–2008), Munawer Hassan (2008–2013), and Mian Tufail Muhammad (1972–87) as the sixth individual to occupy the top spot in the party.

Sirajul Haq was replaced as Ameer of Jamaat-e-Islami Pakistan by Hafiz Naeem, who was elected earlier on April 4.

Voting was done by some 45,000 party members nationwide, according to the election commission that the JIP’s Majlis-e-Shura created.

Approximately 6,000 female party members participated in the election process, according to the election commission. There was a registered turnout of 82 percent overall.

Continue Reading

Latest News

Hamid Raza says Nawaz Sharif used the Faizabad sit-in to criticize institutions.

Published

on

By

The individual asserted that they had proof of the PML-N’s betrayal during the 2017 Faizabad sit-in, citing knowledge of the protest from both General Faiz Hameed (Retd) and former Army Chief General Qamar Javed Bajwa (Retd).

The PML-N workers in Rawalpindi were instructed to make sure that people participated in the sit-in, while the then-Punjab administration assisted in organizing it, according to Hamid Raza.

The head of the SIC said that while the goals of the Faizabad sit-in were correct, the event was deliberately planned to include individuals who carried signs criticizing government agencies.

During the Tehreek-e-Labbaik Pakistan (TLP) sit-in, he said, workers for the PML-N were also among those who received money.

Remember that the investigation commission cleared former spy chief Faiz Hameed of all charges when it was established to look into the 2017 sit-in at the Faizabad Interchange in Islamabad.

To protest the changes made to the Election Act of 2017, which changed the word “oath” to “declaration,” the TLP staged a sit-in at the Faizabad junction on November 8, 2017.

In a submission to the Supreme Court, former PEMRA chairman Absar Alam said that pressure was applied to the media regulating body during the Faizabad sit-in by former ISI commander Faiz Hameed.

After the Fact-Finding Committee report was rejected by the Supreme Court, the federal government formed an inquiry commission led by retired Inspector General Akhtar Ali Shah.

The probe panel, however, handed the former intelligence head the clean pass in its 149-page report, which was released Thursday.

Faiz Hameed was granted authorization for the arrangement, according to the commission, by the then-DG ISI and Army Chief. Additionally included in the article was the inclusion of Interior Minister Ahsan Iqbal and then-Prime Minister Shahid Khaqan Abbasi in the arrangement.

Continue Reading

Business

Tajir Dost app: traders don’t seem interested in registering

Published

on

By

To tax retailers in Pakistan, the Tajir Dost app was released. The sources stated that the government hopes to tax 3.5 million merchants through the app.

Ajmal Baloch, the president of All-Pakistan Anjuman-e-Tajran, stated that he made reservations with FBR on the SRO within a week.

The Federal Board of Revenue (FBR), according to him, cannot be a “Tajir Dost” because of its unethical actions.

Baloch believed that since electricity bills allow traders to pay a predetermined advance income tax, further taxes are unnecessary.

The trader, according to him, is already paying thirteen different kinds of taxes on the commercial meter. “A trader already pays between Rs. 15,000 and Rs. 20,000 in taxes annually, but you are requesting Rs. 1,200 per month in taxes.”

Mr. Ajmal summoned representatives of the Federal Board of Revenue (FBR) to a meeting with the trade associations to talk about the indirect taxes that the merchants are paying.

Additionally, he claimed that FBR officers are charging the traders, the majority of whom are less educated, “monthly charges.”

Continue Reading

Trending