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Parliamentary Committee on Panama Papers holds first meeting

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ISLAMABAD, May 25 (APP): The first meeting of Parliamentary Committee, constituted to formulate Terms of References (ToRs) on Panama Papers, was held in the presence of Speaker National Assembly, Sardar Ayaz Sadiq here on Wednesday.

Leader of the Opposition in National Assembly, Syed Khursheed Ahmad Shah was also present.

The Committee unanimously decided that proceedings of the
Committee shall be held in camera.

Copies of letter of Ministry of Law and Justice, addressed
to Supreme Court and proposed Terms of Reference (ToRs), prepared by government alongwith reply of Registrar Supreme Court, were circulated among the members.

Copies of the proposed ToRs of joint opposition were
also circulated among members of the Committee.

The Committee unanimously decided that both government
and opposition may examine and consider the said ToRs so that these may be finalized with consensus during further meetings of the Committee.

The next meeting of the Committee will be held on Thursday
(May 26) at 11:00 a.m. in Committee Room No.5, Parliament House.

Uzbek Airlines to resume Lahore-Tashkent flights soon

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LAHORE, May 25 (APP): Uzbek Ambassador to Pakistan
Furqat Sidiqov Wednesday said that Uzbek Airlines would soon resume direct flights between Lahore and Tashkent twice a week to help businessmen from both sides to interact more frequently.

During a meeting at Punjab Board of Investment and Trade
(PBIT) here on Wednesday, he said there was an immense scope for increasing bilateral trade and instituting joint ventures between Pakistan and Uzbekistan as both countries were strategic partners.

The Ambassador said that Uzbekistan was among the fastest growing economies in Central Asia, adding Uzbekistan also has a well-developed indigenous production of cotton-related machinery.

The two countries could look at the establishment of joint
production facilities in this regard, he added.

He was leading a delegation comprising of Uzbek diplomats
with an agenda to follow up on Prime Minister Muhammad
Nawaz Sharif’s recent visit to Uzbekistan.

The ambassador said that following Prime Minister Muhammad Nawaz Sharif’s successful visit to Uzbekistan in November 2015, the Uzbek government had constituted a special working group to increase bilateral trade between Uzbekistan and Pakistan and explore avenues to enhance economic cooperation.

He said special working group under the leadership of
the Uzbek Minister for Industries would visit Pakistan in July
2016.

He also expressed his country’s interest in investing in
renewable energy projects in Pakistan, especially solar energy.

Chairman PBIT Muzaffer Miraj Khwaja assured the Ambassador that full details of energy-related projects in Punjab would be shared with the Embassy and complete facilitation would also be provided by the PBIT to Uzbek investors interested in Punjab’s energy sector.

Pakistan Ambassador presents credentials to Brazilian President

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ISLAMABAD, May 25 (APP): Ambassador of Pakistan to Brazil Burhanul Islam on Wednesday presented his credentials to the Acting President of Brazil, Michael Temer, at the Presidential Palace at an impressive ceremony.

The Foreign Minister of Brazil, Advisor to the President, and
Secretary General of the Ministry of External Relations attended the ceremony, according to a message received here from Brasilia, the capital of Brazil.

On this occasion, the Ambassador conveyed the greetings of
President Mamnoon Hussain and Prime Minister Muhammad Nawaz Sharif to the President of Brazil on assuming the leadership of the country.

President Temer expressed similar sentiments of cordiality,
friendship and cooperation for the leadership of Pakistan and its people.

He stated that Pakistan was an important country with which
Brazil always maintained cordial relations and would like to
strengthen cooperation in diverse fields by exploiting existing
potential.

Ambassador Burhanul Islam highlighted that during his tenure
of posting in Brazil he would seek to bring the two countries and peoples closer by strengthening cooperation in diverse fields with particular focus on enhancing trade and investment ties.

The two countries also needed to seek cooperation in a number of other areas, including culture, education, defence, agriculture and biotechnology where huge potential existed.

Exhibition “Thar and Water” starts at RAC

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RAWALPINDI, May 25 (APP);- An exclusive exhibition titled “Thar and Water” started here at Rawalpindi Arts Council (RAC) on Wednesday.

Artist, Kirshan Samaro came with a theme, telling the story of Thar desert and scarcity of water which was its dire need.
Additional Commissioner, Coordination, Tariq Mehmood Tariq inaugurated the exhibition. Resident Director (RAC) Waqar Ahmed was also present on the occasion.

The exhibition features 28 oil-on-canvas paintings that pay homage to the nomadic women who travel to fetch water in far-flung areas carrying traditional pitchers on their heads.

The artist painted them in vivid detail fascinated by the Thar lifestyle. The paintings are textured and layered, whether it is the trailing dress, the pitcher delicately hoisted atop a woman’s head, empty pictures symbolizes death, traditional hut and caravan with camels depicting the endless desert terrain.

Kirshan, who was born in Samaro, Sindh, is deeply rooted to his land of origin and is inspired by the folk culture and heritage of Thar. Kirshan Samaro has previously exhibited his work in Karachi and Hyderabad but its his first ever exhibition at Rawalpindi which will remain open till May 28.

He done Masters in Fine Arts and shifted to federal capital for better future but remained in clinch of nostalgia and according to him these are not only his paintings but also his feelings about Thar.

Thar has traditionally captured the imagination of many artists but what sets Kirshan apart, “is his unique expression and the treatment of his subjects; instead of painting some fantasy, he focuses on bringing the realism of the subject which is importance of water in Thar”, Tariq Mehmood Tariq said while addressing the inaugural ceremony of the exhibition.

Pak women team to miss Asian Senior Women Netball Championship

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Wapda retains National Women's Volleyball C’ship title

ISLAMABAD, May 25 (APP): Pakistan women netball outfit will be perhaps the only Asian playing side to miss the 9th Asian Senior Women Netball Championship as the sponsors on which they were relying, have refused to support them.

The championship is scheduled to be held in Thailand from July 29 to August 6.

“We won’t be able to chip in the mega event as the two banks with whom we were in talks with for the sponsorship have expressed their inability to support us,” President Pakistan Netball Federation (PNF) Mudassir Arian told APP on Wednesday.

Though Pakistan women failed to live up to their billings and
finished ninth in the last edition of the championship, held in Malaysia two years ago, Arain said he was hoping better results from them this time.

“It is unfortunate our women are not leaving for the event as they had worked really hard for the event and were looking eager to outsmart other teams,” he said.

He said the countries participating in the championship other than Pakistan included Malaysia, Hong Kong, Japan, Singapore, India, Maldives, Sri Lanka, Afghanistan, Thailand, Brunei, Korea and Chinese Taipei.

“It is a huge setback for our women players as this event would have given them a very good exposure,” Arain reckoned.

Solution to all problems lies in democracy: President

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ISLAMABAD, May 25 (APP): President Mamnoon Hussain on
Wednesday said solution to all the problems of the country
lay in democracy and only through democratic dispensation,
continuity of the political system could be attained, good
governance achieved and economy stabilized.

He expressed his satisfaction that all sections of the
society were united in the quest to achieve progress and
prosperity and the country was moving in the right direction.
The President was addressing the 7th Convocation of the
Quaid-e-Azam University here at Jinnah Convention Centre.
Vice-Chancellor Quaid-e-Azam University Dr Javed Ashraf was also present on the occasion.

He urged the youth to acquire modern and scientific
education, noting that those nations excelled in the
world, which had quality human resource.

The President advised the youth to fully focus on their
education and the girls in particular should not accept any
hindrance in acquiring education and also not hesitate to go
for studies abroad if they feel it necessary.

He advised the female students not to blindly ape the West and to proudly follow Islamic traditions to earn a good name for their country.

He stated that the government was committed to improve
the standard of life of the people by stabilizing the national
economy. It was working under a balanced strategy for the
development and prosperity of all segments of the society and the country was moving in the right direction.

“For this reason, we need experts in economy, banking,
science & technology and other important fields so that the
process of progress and prosperity can be taken forward,” he remarked.

The President said Pakistan would emerge as an important trading hub of the region after operationalization of China-Pakistan Economic Corridor (CPEC).

He hoped that the Gwadar Port would become functional by
the end of 2016, which would usher in a new era of economic development and progress.

The President underlined that in order to put the national economy on strong footing, there was a need to fully
take advantage of the CPEC. He emphasized that there was no change in the CPEC’s route.

He hoped that after completion of the ongoing energy
projects, the country would be able to overcome electricity
load-shedding.

He noted that the country was moving in the right
direction until 1970s but afterwards it got detracted due to
bad governance and corruption. Now the government
was working in the right direction and the country’s economy had revived, he added.

He noted with satisfaction that there was a significant
improvement in the economic indicators as a result of prudent policies and improved law and order situation.

The President urged the well-off to pay their due taxes
in order to increase government resources for spending on
public welfare.

He stated that corruption had eroded the foundation of
society and emphasized upon the need to get rid of this menace to ensure economic development and well-being of the people.

The President noted with satisfaction that the general
law and order situation in the country had improved and
reaffirmed the resolve of the government to continue Zarb-e-Azb operation till elimination of the last terrorist.

He noted with appreciation that the Quaid-e-Azam University
was imparting quality education as a leading public sector
university.

The President urged that in order to further enhance its
performance, the University should establish educational
linkages with leading international universities to take
benefit from their experience.

He also called for focusing on character building of
students, besides imparting education to them.
The President congratulated the graduating students and
also distributed medals among position holders.

 

PM believes in politics of values, not power: Kirmani

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PML-N president accepts resignation of Ismail Rahu

ISLAMABAD, May 25 (APP): Special Assistant to the Prime
Minister on Political Affairs Dr Asif Kirmani on Wednesday said
Prime Minister Muhammad Nawaz Sharif believed in the
politics of promoting good norms and values and not that
of attaining power.

He said the Pakistan Muslim League-Nawaz (PML-N)
always ensured fairplay and transparency. The corruption
was neither part of its manifesto not would be in future.

He was addressing a news conference after a ceremony in which large number of notables and leaders from Sadaat Family of Kharvo joined the PML-N, parting ways
from the Muslim Conference and Pakistan Peoples Party.

Among those who joined the PML-N included former
General Secretary of Muslim Conference Syed Mumtaz
Naqvi, President Transport Union Muzaffarabad Gulzar
Shah, Syed Alam Naqvi, Major (Retd) Khursheed Kazmi,
Faiz Ahmed Gardezi, Nazir Shah Kazmi, Syed Sakhawat
Shah and Yasir Naqvi.

Dr Kirmani congratulated them on behalf of Prime
Minister Muhammad Nawaz Sharif for becoming part of the
PML-N, saying,”They took a right decision at the right
time.”

He said the party had great respect for the new-comers and had complete faith that they would work hard for serving the general public.

“Our heads are down with shame because of what the
political parties have done in the recently held election of the AJK Council,” he said adding that a worst kind of horse-trading was committed by the political parties.

The PML-N, Dr Kirmani said, had the honour of not
becoming part of the ugly game of horse-trading. “The
PML-N believes in serving the masses, good governance and
making the country free from corruption.”

He said general elections in Azad Jammu and Kashmir were approaching fast and the PML-N was busy in public campaign for last five months from Bhimbher to Rawlakot.

Dr Kirmani expressed the confidence that the PML-N would form the new government after winning the upcoming
election with a thumping majority. “It will be the government of workers in the real term,” he added.

Commenting on the alliance of Pakistan Tehreek-i-Insaf and Muslim Conference in the AJK for the elections, he said it was a clear proof of the PML-N’s popularity graph increasing day by day there.

Answering a question, the Special Assistant said that the PML-N received a record number of applications from the aspirants of party tickets.

The PML-N’s parliamentary board, he said, was scrutinizing the applications and the names of short-listed candidates would be submitted to Prime Minister Muhammad Nawaz Sharif soon.

“The PML-N will award the tickets in consultation with the party leadership,” he added.

Replying to another question, he said Interior Minister Chaudhry Nisar Ali Khan had given a detailed answer on the drone attack issue and it could not be called failure of the foreign policy.

The Prime Minister, he said, was presently on a private visit to the United Kingdom for a checkup and would also shed light on the issue on his return.

Dr Kirmani said the Youm-e-Takbeer workers’ convention would be held in Muzaffarabd on May 28 to commemorate the day when Pakistan became the first nuclear Islamic state.

He said the PML-N would hold functions in federal and provincial capitals of the country including Islamabad, Lahore, Karachi, Quetta, Peshawar, Muzaffarabad and Gilgit to mark the day (in 1998) when the party leadership had made the country’s defence impregnable.

He said that the May 28 had a great significance
for the country.

On May 28, 1998, he said, Prime Minister Muhammad
Nawaz Sharif had made the country’s defence invincible
by conducting six nuclear tests in response of the five
Indian tests, setting aside all pressure.

British investors show keen interest in Pakistan

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ISLAMABAD, May 25 (APP): British and international investors expressed keen interest in Pakistan during a two-day “Pakistan Investment Conference” held in London from May 23 to 24.

Muhammad Zubair, Minister of State and Chairman Privatization Commission of Pakistan, represented Pakistan at the conference whereas Nadeem Naqvi, MD Pakistan Stock Exchange along with CEOs and CFOs of 13 leading Pakistani companies participated in the event, a message received here said.

The conference was organized by JS Global Capital Ltd, a
leading investment and brokerage banking firm of Pakistan and was hosted by Renaissance Capital of the UK.

Leading investors and fund managers of the City of London held over 200 business to business meetings to brainstorm with their Pakistani counterparts with significant interest to invest in Pakistan.

The focus of the conference was to lobby support for Pakistan to regain the MSCI Emerging Market status, to review the same by June 2016); and to attract both Direct Foreign Investment and Foreign Portfolios Investment towards Pakistan in the wake of turnaround in the country’s macro-economic indicators.

The conference was attended by leading fund management firms, investment banks, and other fund managers based in UK, US and Europe while Bloomberg, Reuters, and Financial Times alongside local media were also invited for coverage of the event.

Pakistan High Commissioner Syed Ibne Abbas hosted a  dinner in honour of the delegates from Pakistan and the UK. The CEOs and CFOs of over 50 leading British companies and corporate bodies attended the dinner. Besides, British Pakistani Lords, MPs and business people were present on the occasion.

Speaking on the occasion, Muhammad Zubair, Chairman, Pakistan Privatization Commission, gave an overview of Pakistan’s economy, energy situation, and improved security environment of the country.

He said that due to investment led growth policy of the
present government the economy was showing an accelerated growth.

The Chairman stated that social and political stability was
pushing Pakistan towards better future. He said the Prime Minister himself was heading the Cabinet Committees on Security and Energy, which showed the government’s commitment to address these challenges.

Currently, there was no loadshedding for the industrial
sector, added the Chairman. He also said Pakistan was winning the fight against terrorism and extremis, mainly due to consensus of all stake holders.

The Chairman also updated the guests on China Pakistan
Economic Corridor (CPEC), and termed it a major economic
breakthrough for the country as well as for the region. He apprised the guests that out of US$ 46 billion, a major chunk of US$ 34 billion was allocated for energy generation.

Zubair invited the International investors to take advantage
of the profitable investment opportunities in Pakistan.

Pakistan High Commissioner also spoke on the occasion and
expressed the hope that international investors would take advantage of the conducive business environment in the country especially, in the wake of China Pakistan Economic Corridor (CPEC) which promises economic opportunities galore.

Pak-China Investment Company team meets TDAP CEO

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ISLAMABAD, May 25 (APP): A team of the Pak-China
Investment Company Limited (PCICL) led by its Assistant Vice President Andy Liu on Wednesday visited Trade Development Authority of Pakistan (TDAP) and held a meeting with its Chief Executive S.M. Muneer and senior officers.

The PCICL is a development financial institution (DFI)
established in 2007 as a joint venture between the Government of Pakistan and the China Development Bank for promotion of trade, investment and economic growth of Pakistan, a TDAP press statement said.

The PCICL team showed keen interest in taking
initiatives for promoting trade between the two countries and requested TDAP’s assistance for this purpose.

The TDAP Chief Executive provided an overview of the
Authority’s service portfolio and activities, identifying areas
where the TDAP could be of assistance to the PCICL.

He also provided a list of relevant chambers and trade
bodies as well as export and import statistics of Pakistan to
the PCICL team.

S.M. Muneer said the Free Trade Agreement between Pakistan and China was currently under review at the Ministry of Commerce to make relevant adjustments that could further promote trade between the two friendly countries.

Upon a request from the PCICL, the TDAP Chief Executive
also provided an overview of the automotive industry of
Pakistan covering relevant policies, procedures, industry
structure, export potential, and challenges.

Both the sides agreed to collaborate in future to support companies from Pakistan and China for enhancement of
trade and investment.

Inzamam shortlists players for skill camp, announces A team

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Asif, Butt should also get a chance: Inzamam

ISLAMABAD, May 25 (APP): Pakistan cricket team chief selector, Inzamam ul Haq in consultation with the National Selection Committee on Wednesday shortlisted 21 players for the skill camp, to be held from May 30 to June 6 in Lahore.

According to a Pakistan Cricket Board (PCB) press release the final squad for England tour will be announced after the skill camp.

The chief selector has also announced A team for the England tour.
Players for skill camp:
Openers: Muhammad Hafeez, Sami Aslam, Khurram Manzoor, Shaan Masood Middle Order: Azhar Ali, Younis Khan, Misbah-ul-Haq Khan, Asad Shafiq, Iftikhar Ahmad, Asif Zakir, Akbar ur Rehman.

Fast Bowlers: Muhammad Amir, Rahat Ali, Imran Khan, Sohail Khan, Junaid Khan, Ehsan Adil.

Spinners: Yasir Shah, Zulfiqar Babar Wicket-Keepers: Sarfaraz Ahmad, Muhammad Rizwan Pakistan A Team:
Openers: Sharjeel Khan, Fakhar Zaman, Jahid Ali
Middle Order: Saud Shakil, Baber Azam, Umar Siddique, Abdul Rehman Muzamil Fast Bowlers: Hassan Ali, Mir Hamza, Muhammad Abbas, Aziz Ullah, Bilawal Bhatti.

All rounder: Muhammad Nawaz Spinners: Muhammad Asghar, Shahdab Khan Wicket-Keepers: Muhammad Hassan