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SIFC effective forum for economic stability, timely decisions of public interest: Dr Umar Saif

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Dr Umar Saif
ISLAMABAD, Dec 16 (APP): Caretaker Federal Minister for Information Technology and Telecommunication, Dr Saif Umar Saturday said that the Special Investment Facilitation Council (SIFC) serves as an effective forum for ensuring economic stability and making timely decisions in the public interest.
In a video statement, Dr Saif Umar said, “SIFC is instrumental in paving the way for digital transformation and attracting foreign direct investment in Pakistan.”
He said, “Crucial decisions, beneficial to the masses, are being made through the SIFC forum in Information and Communication Technology (ICT).”
The minister expressed confidence that these initiatives would contribute to the rapid development and stability of the country’s economy.
Dr Umar Saif further explained, “All stakeholders including the military and political leadership are present in the SIFC forum, which makes decision-making very easy.”
“We are confident that with the presence of the Special Investment Facilitation Council, the upcoming government will also be able to make timely decisions for the country’s development and public interests because we mustn’t compromise on our economic stability and public interests, we need to avoid departmental obstacles, Instead of unnecessary delay tactics, quick and effective decisions have to be taken in the interest of the country and the nation, for this purpose SIFC is the most effective forum” he added.
The minister said that since 2014, the case of hundreds of MHz of spectrum with Sun TV was pending.
The matter, he said was raised at the SIFC forum, and all the required legal requirements were met, after which the High Court of Sindh heard the case daily and the verdict of the case was pronounced on Thursday.
Dr Saif said, “It is good news for the people that now this spectrum will be in government custody, which is worth multi-million dollars as per the current market rate of the spectrum.”
The minister said that from the establishment of the Advisory Committee for spectrum auction to the necessary steps to lay the network of optical fiber cables across the country.
He said, “The effective implementation of the Right of Way Policy, the Special Investment Council has removed all departmental hurdles and all decisions in the interest of the country and the nation have been approved without delay.”
“The SIFC Forum has a key role to play in the preparation of the country’s first space policy and its approval from the relevant forums” he added.
Similarly, Dr Saif said, “Negotiations with Starlink have entered the final stages, and satellite internet will also be available to the public very soon while the existing network will also be improved.”

Pak, China discussed transfer of Chinese technology to Pakistan’s SEZs

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Pak, China

ISLAMABAD, Dec 16 (APP): Caretaker Federal Minister for Commerce, Dr Gohar Ejaz has discussed exploring the transfer of Chinese technology to Pakistan’s Special Economic Zones (SEZs) in China tour.

The minister along with a high-profile delegation, has concluded a visit to China. The comprehensive tour spanned three key Chinese cities, providing a platform for fostering collaborations across diverse sectors, said a press release issued here Saturday.

The delegation actively participated in the China-Pakistan Textile Summit, a pivotal event that brought together industry leaders from both nations. Engaging in insightful discussions, the delegates aimed to fortify bilateral trade relations and explore avenues for increased cooperation.

A significant milestone during the visit was the signing of a Memorandum of Understanding (MoU) between the China Chambers of Commerce and the All Pakistan Textile Mills Association (APTMA). This agreement marks a commitment to enhance collaboration and promote mutual interests in the textile sector.

The delegation comprised businessmen, seized the opportunity to engage in fruitful Business-to-Business (B2B) meetings with their Chinese counterparts. The focus was on enhancing textile imports and exports, with the ultimate goal of strengthening economic ties between the two countries.

Exploring possibilities beyond textiles, the delegates delved into discussions on potential joint ventures across multiple sectors.

This exemplifies the collaborative spirit and shared vision for business growth between Pakistan and China.

Emphasizing the importance of joint efforts, the delegates underscored the need for collaboration among business individuals from both nations. Discussions included the application of advanced Chinese technology to enhance value addition in Pakistan’s industries.

The delegates engaged in detailed discussions on how this transfer could drive innovation and economic development in Pakistan.

Highlighting the positive impact of increased Chinese investments on Pakistan’s GDP growth, the delegation emphasized the strategic opportunity for Chinese exporters to reach markets in the Gulf Cooperation Council (GCC) and Africa through Pakistan.

Wang Yi meets with Saudi, Iranian deputy foreign ministers in Beijing

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Wang Yi
BEIJING, Dec 16 (APP): Wang Yi, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee has put forward three suggestions for continuing to advance the process of improving relations between Saudi Arabia and Iran.
Wang, also director of the Office of the Foreign Affairs Commission of the CPC Central Committee, made the suggestions during a meeting with Saudi Deputy Foreign Minister Waleed Elkhereiji and Iranian Deputy Foreign Minister for Political Affairs Ali Bagheri Kani, who are in China for the first meeting of the China-Saudi Arabia-Iran trilateral joint committee, CGTN reported.
First, Wang called for unwavering adherence to the strategic choice of reconciliation. It is hoped that the two sides will continue to enhance mutual trust through dialogue and consultation, and achieve lasting and comprehensive good-neighborly friendship, he said.
Second, Wang suggested further progress in improving relations. China welcomes the two sides to actively explore cooperation and expand personnel exchanges in such fields as economy, trade, security, and people-to-people exchanges, and stands ready to strengthen exchanges with the two sides to help improve their relations, he said.
Third, Wang said that the two sides should reject external interference. The destiny of the Middle East should be in the hands of the people of regional countries, he said. China has always stood on the side of Arab and Muslim countries and supported the restoration of the legitimate rights of the Palestinian people, Wang said.
During the meeting, Wang also said China always supports the people of the Middle East in independently exploring development paths, supports Middle Eastern countries in working together to solve regional security issues, and supports Saudi Arabia and Iran in continuously advancing the process of improving relations.
China is willing to take this trilateral meeting as an opportunity to inject new impetus into the good-neighborly friendship between Saudi Arabia and Iran and make new contributions to promoting peace and stability in the Middle East, he added.
Elkhereiji and Bagheri Kani thanked China for hosting the meeting, saying Saudi Arabia and Iran welcome and support China’s greater role in the development of the Middle East.
During the trilateral meeting, Saudi Arabia and Iran expressed their commitment to the full implementation of the Beijing agreement. The Chinese side stressed that it will continue to play a constructive role and support Saudi Arabia and Iran in continuing to take steps to strengthen relations. The three sides discussed trilateral cooperation in various fields.

Gold rates decline by Rs.1,800 to Rs.216,800 per tola

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gold

ISLAMABAD, Dec 16 (APP): The per tola price of 24 karat gold decreased by Rs1,800 and was sold at Rs 216,800 on Saturday compared to its sale at Rs 218,600 on last trading day.

The price of 10 grams of 24 karat gold also decreased by Rs 1,543 to Rs 185,871from Rs 187,414 whereas the prices of 10 gram 22 karat gold went down to Rs 170,382 from Rs 171,796, the All Sindh Sarafa Jewellers Association reported.

The price of per tola and ten gram Silver remained stagnant at Rs 2,670 and 2,289.09 respectively.

The price of gold in the international market decreased by $15 to $2,040 from $.2,055, the Association reported.

Business community stands firm with Pakistani forces, hails economic rejuvenation

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PBF

ISLAMABAD, Dec 16 (APP): In a resounding show of unity, Pakistan’s Business Forum (PBF) has pledged unwavering support for the country’s armed forces, hailing their crucial role in restoring peace and paving the way for economic rejuvenation.

“This unified front sends a clear message as Pakistan stands united against terrorism and external threats, while simultaneously fostering a business-friendly environment for sustainable growth,” said a press release issued here Saturday.

PBF President Mian Muhammad Usman led the charge, praising the military’s relentless pursuit of terror eradication.

Vice President (VP) Jahan Ara Wattoo, Chaudhry Ahmad Jawad and Provincial Chairmen Atif Ikram Sheikh, Muhammad Naseer Malik, Khawaja Mahboob ul Rehman, Ashafque Paracha, Daroo Khan Achakzai and Shabnum Zafar in a collective message said, “We are proud of our armed forces for successfully flushing out terrorists from their hideouts and stamping out the menace of terrorism in the region paving way for complete restoration of peace in the country, a pre-requisite for economic growth and development in the country.”

They said, “We are immensely proud of our armed forces for their valiant efforts in flushing out terrorists and restoring peace in the region.”

This sentiment resonated throughout the forum, with vice presidents and provincial chairmen adding their voices to the chorus of appreciation.

The commitment of Chief of Army Staff (COAS) Gen Asim Munir to prioritize security as a cornerstone of economic prosperity was met with particular enthusiasm.

PBF officials lauded his leadership, confident that his vision would propel the nation towards rapid economic expansion.

They also expressed unwavering faith in Pakistan’s resilience, stating, “With the grace of Allah, our nation will overcome all challenges and emerge stronger than ever.”

The forum’s gratitude extended to the Inter-Services Public Relations (ISPR) for its instrumental role in showcasing the sacrifices of the armed forces and countering hybrid warfare tactics. PBF acknowledged the positive impact of these efforts, citing a renewed influx of foreign investment and a gradual economic upswing.

The China-Pakistan Economic Corridor (CPEC) was hailed as a potential game-changer, poised to accelerate economic activity not only in Pakistan but across the region.

Amidst these positive developments, the PBF emphasized the vital role of a business-friendly environment in fostering export growth and rapid industrialization. They reiterated their unwavering support for the armed forces, declaring, “We stand united as one nation, under one flag, to protect our beloved Pakistan and its valiant defenders.”

The PBF’s message transcends mere economic concerns. It paints a powerful picture of a nation unified in purpose, resolutely forging a path towards peace and prosperity. The business community’s unwavering support for the armed forces serves as a testament to the inextricable link between national security and economic well-being.

This is a story of resilience, of a nation rising above its challenges, and of a future brimming with promise.

KSrelief distributes 350 food packages among residents of Broghil Valley

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ISLAMABAD, Dec 16 (APP):The King Salman Humanitarian Aid and Relief Center (KSrelief) has distributed 350 food packages among the residents of the remote Broghil Valley in Upper Chitral.
“In response to the challenging circumstances faced by the residents of this isolated region, KSrelief has initiated the distribution of 350 food packages, which is part of the 3rd phase of KSrelief Food Security Support Project Pakistan 2023-2024,” said a news release issued here on Saturday.
Each food package, weighing 95 kg, includes 80 kg of flour, 5 liters of cooking oil, 5 kg of sugar, and 5 kg of Daal Chana—sufficient to sustain a family throughout the month.
This humanitarian effort was initiated in response to a special request from the Secretary of RR&SD KP and involved collaboration with NDMA, PDMA, UNOCHA KP, and FAO, and implementation through the joint efforts of KSrelief and the EHSAR Foundation.
The distribution of these food packages underscores KSrelief’s commitment to reaching the most vulnerable populations, even in remote and challenging areas.
The initiative aimed to provide essential sustenance to improve the well-being of the community, particularly amidst the unique hardships posed by severe winter conditions.
Approximately 2,450 individuals in the Broghil Valley have benefited from this relief package, demonstrating the tangible impact of humanitarian efforts in addressing the needs of communities facing adversity.

Pak Ambassador welcomes Governor Sindh on his arrival

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ISLAMABAD, Dec 16 (APP): Ambassador of Pakistan in Tehran Mudassir Tipu on Saturday welcomed Governor Sindh Kamran Khan Tessori who had earlier arrived Iran on a four-day visit.

The Governor Sindh has arrived in Mashhad on December 13 on the first flight of recently inaugurated airline between Karachi and Mashhad, a press release of Pakistan Embassy said.

Pak Ambassador welcomes Governor Sindh on his arrival

Ambassador Mudassir also hosted a reception in the honour of the Governor Sindh and his delegation.

https://x.com/MuhammadMu85183/status/1735648097512878346?s=20

Separately, on X, Pakistan ambassador posted that he received Governor Sindh Kamran Tessori at airport in Tehran .

The governor is visiting Iran to inaugurate recent air flight between Karachi and Mashhad and to promote trade and cultural ties between the two brotherly countries .

Pakistan voices concern over regional instability fueled by ‘generous’ arms supply to India

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UNSC

UNITED NATIONS, Dec 16 (APP): Pakistan has expressed its concern over the “generous” supply of conventional weapons to “one state” in South Asia —
an obvious reference to India, saying it was fueling instability and jeopardizing the delicate balance in the tension-ridden region.

“The policy of double standards towards South Asia, based on narrow strategic, political and commercial considerations, must be eschewed,” Ambassador Muhammad Usman Iqbal Jadoon, the deputy permanent representative of Pakistan to the UN, told the UN Security Council here late Friday.

He was speaking in a debate on ‘addressing the threat posed by diversion, illicit trafficking and misuse of small arms and light weapons and their ammunition to peace and security’, in which over 60 countries took part.

During the day-long debate, the speakers highlighted the threats posed by those weapons to global and regional security, as well as the nexus between those firearms, terrorism and organized crime.

They sounded the alarm about their uncontrolled spread and easy availability, which, they said, undermine human security and impact a range of areas including development and fulfillment of basic human rights.

In his remarks, Ambassador Jadoon regretted that the goal of limiting and gradual reducing conventional weapons has not been realized. “Instead, we find ourselves amidst a persistent increase in global military expenditures.”

“Many destabilizing developments are evident in South Asia where one State’s military spending vastly outnumbers that of all others,” the Pakistani envoy told the 15-member Council.

“The generous supply of conventional weaponry to this state, together with its strategic capabilities, is fueling instability, jeopardizing the delicate regional balance, hindering resolution of longstanding disputes, reinforcing its sense of impunity and hegemonic designs and impeding the realization of durable peace and sustainable development in the region.

“This conventional imbalance can also lead to outbreak of conflict between nuclear-armed states due to the inherent danger of escalation”, the Pakistani envoy added.

Pakistan, he said, was committed to the establishment of a strategic restraint regime in South Asia, which includes an element of conventional force balance.

“Pakistan neither wants, nor is engaged in an arms race in the region,” Ambassador Jadoon said.

Pakistan, he added, was of firm view that peace and stability in South Asia can only be achieved through the resolution of disputes in accordance with Security Council resolutions and the maintenance of a balance of conventional and strategic military forces.

The Pakistani envoy also called for a stronger commitment from the international community to support developing countries with eliminating the scourge of illicit weapons proliferation.

Recalling a recent attack on Pakistan’s security forces’ post by terrorist group Tehreek-e-Jihad Pakistan, he expressed concern about the group’s possession of modern and sophisticated arms, calling for an investigation into how these weapons were acquired.

“While we successfully neutralized all of those involved, the possession of sophisticated weaponry by these terrorists, none of which they have the capability to manufacture, indicates a bigger problem today.

“It is the responsibility of all States, this Council and the United Nations to take measures to prevent illicit trade, transfer and diversion of these arms,” Ambassador Jadoon added.

Urging to expand the scope of arms control to cover conventional weapons, he pointed to the accumulation of conventional capabilities in cyber and outer space, which creates dangerous imbalances and can trigger conflicts.

Opening the debate, UN’s High Representative for Disarmament Affairs, Izumi Nakamitsu, noted that the Security Council began its biennial consideration of small arms in 2007 and has since recognized that their illicit transfer, destabilizing accumulation and misuse threaten international peace and security.

“Small arms and light weapons are the weapons of choice in initiating, sustaining and exacerbating conflict, armed violence, terrorism and other forms of organized crime,” she said, warning that their misuse facilitates human rights violations and gender-based violence.

In 2021 alone, 260,000 people were killed by small arms, amounting to 45 per cent of all violent deaths — more than 700 people a day, or one every two minutes.

UNSG acknowledges COAS’ concerns over plight of Gaza’s people

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UNSG
RAWALPINDI, Dec 16 (APP): The United Nations General Secretary (UNSG) in a call on meeting has acknowledged the concerns of Chief of Army Staff (COAS) General Syed Asim Munir on the plight of innocent Palestinians facing huge humanitarian crisis in Gaza and thanked him for his visit to the UN Headquarters.
During ongoing visit to USA, COAS, General Syed Asim Munir, met UN Secretary General Antonio Guterres at UN Headquarters, New York, said an Inter Services Public Relations (ISPR) news release issued here on Saturday.
The UNSG warmly welcomed the visit by the COAS and hailed the contributions made by Pakistan Army and contingents of the Law Enforcement Agencies who have remained committed to the peace and stability of the world.
The COAS reaffirmed Pakistan’s continuous support to the United Nations in all its earnest efforts.
The COAS during his interaction particularly highlighted about the ongoing Kashmir and Gaza issues.
The Army Chief said, “Peace in South Asia will remain elusive until a peaceful solution to the longstanding Kashmir Dispute is found in accordance with UNSC resolutions and the aspirations of Kashmiri people.”
The COAS also condemned unilateral and illegal Indian efforts to change the status of Indian Illegally Jammu and Kashmir (IIOJ&K) as it was in violation of UN Security Council Resolutions.
The COAS reiterated Pakistan’s stance on the Palestine issue and urged the UNSG to mobilize the international community for immediate cessation of hostilities in Gaza to prevent the unfolding human tragedy and highlighted that enduring solution to the issue lies in Two State Solution.
The COAS particularly shared deep concerns over the plight of the innocent civilians who were being brutally targeted and were not being provided with sufficient humanitarian relief.

Justice Tariq Masood takes oath as acting chief justice of Pakistan

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ISLAMABAD, Dec 16 (APP):Mr. Justice Sardar Tariq Masood Saturday took oath as Acting Chief Justice of Pakistan in a simple and dignified ceremony in Supreme Court, Islamabad.
The oath was administered by Justice Ijaz-Ul-Ahsan. Justice Sardar Tariq Masood will act as Chief Justice of Pakistan during the period Justice Qazi Faez Isa, Chief Justice of Pakistan remains abroad.
The Judges of the Supreme Court of Pakistan, Lahore High Court, Attorney General for Pakistan, representatives of Pakistan Bar Council and Supreme Court Bar Association attended the ceremony.
Jazeela Aslam, Registrar Supreme Court of Pakistan conducted the proceedings of oath taking ceremony.
Officers and staff of the Supreme Court of Pakistan were also present at the occasion, said a press release issued here.