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Ukraine a future EU member, German chancellor says

KYIV: Germany sees Ukraine as a future EU member, and will do everything to support the recovery and the reconstruction efforts, Chancellor Olaf Scholz said on Monday.

Addressing a group of German and Ukrainian businessmen in Berlin, Scholz underlined that the EU member states will continue their political, economic and military support for Ukraine.

“Ukraine is part of the European family,” he stressed, and called on German companies to invest in Ukraine, to support recovery and the reconstruction efforts there.

“One who invests in Ukraine today, will be investing in a future EU member state, which will be part of our legal framework, our single market,” he said.

“When we are rebuilding Ukraine, we are doing this with the goal of EU membership in our mind,” Scholz added.

Many German companies have been hesitant to invest in Ukraine due to the ongoing war with Russia that began in February.

Ukraine was granted EU candidate status in June, setting in motion a membership process that could take years, or even decades.

President for addressing underlying reasons for Islamophobia in world

ISLAMABAD, OCT 24 /DNA/ – President Arif Alvi has urged the need to identify and collectively address the underlying reasons for the rising incidents of Islamophobia across the globe through the forum the Organization of Islamic Countries (OIC), adding that OIC was the collective voice of the Muslim Ummah.

The President expressed these views while talking to Pakistan’s Ambassador/Permanent Representative-designate to OIC Jeddah, Syed Mohammad Fawad Sher, who called on him, at Aiwan-e-Sadr, today.

Talking to the Ambassador-designate, the President said that OIC should take effective steps for the protection of the fundamental human rights of Muslim minorities across the globe. He further said that the world should take notice of rising incidents of violence against minorities, especially Muslims, in India. He said that Indian Hindutva ideology should be discouraged worldwide.

He expressed his hope that all the brotherly Muslim member states of OIC would be able to make a positive development toward the resolution of the Kashmir issue and address the plight of the people of the Illegally Indian Occupied Jammu & Kashmir.

The President expressed his concern over Israel’s violence and illegal actions against innocent Palestinians, adding that such actions were against humanitarian norms, human rights and International Law. He said that there could not be permanent peace in the Middle East unless the issue of Palestine was resolved.

The President said that Pakistan was working for the promotion of science and technological cooperation among OIC countries through the OIC Standing Committee for Scientific and Technological Cooperation (COMSTECH). “Pakistan can offer online education and IT skills to member countries through Allama Iqbal Open University (AIOU) and Virtual University (VU)’s educational modules”, he added. He said that almost 8,000 foreign students were benefiting from VU and this number could be increased with further collaboration with Islamic countries in the education sector.

The President also asked the ambassador-designate to work for enhancing trade among the member countries of OIC.  

ICCI urges government to address Panadol shortage in market

Islamabad, OCT 24 /DNA/ – Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) said that the people are facing great problems and the business of pharmacies is also suffering due to the shortage of Panadol in the market and urged that the government should address this issue on priority basis to save the consumers from further troubles. He said this while talking to a delegation of Pakistan Chemists and Druggists Association, Islamabad Chapter that visited ICCI led by its Chairman Mian Tariq Saeed.  

Ahsan Zafar Bakhtawari said that there is a great demand for Panadol in the market due to rising cases of dengue virus and malaria, across the country, especially in flood-hit areas, but its shortage has exposed the patients to serious health problems. He said that the manufacturer has suspended the production of Panadol due to twofold increase in the prices of its raw material and emphasized that the government should take urgent measures to rationalize the prices of raw material to ensure re-start of its production and easy availability in the market. He assured that ICCI would cooperate with the Pakistan Chemists and Druggists Association, Islamabad Chapter to resolve key issues of their sector.

Speaking at the occasion, Mian Tariq Saeed, Chairman, Pakistan Chemists and Druggists Association, Islamabad Chapter highlighted the various issues being faced by their sector. He said that the price of raw materials used to produce the Panadol has witnessed a twofold increase which affected the availability of this product in the market and pharmacies were also losing business on this account and stressed that the government should address the issue causing its shortage in the market. He said that the online buying and selling of medicines is illegal under the Drug Act and stressed that the regulator should ensure strict implementation of this law as this practice is affecting the business of license holder chemists and druggists. He also showed concerns over the issues being faced by them from EOBI and Social Security Institution and said that ICCI should cooperate in their redress.

Nasir M. Qureshi, Executive Member ICCI said that high energy cost and tight drug regulations were the major hurdles for the growth of pharma sector in Pakistan and stressed that the government should consider deregulating this sector that would bring competition and reduce prices of medicines in Pakistan.

Malik Ashfaq, Qaiser Masood and others also spoke at the occasion and stressed that the government should address the issues of chemists and druggists to facilitate the growth of their business activities. 

Niaz launched to transform lives of persons with disabilities

DNA

ISLAMABAD: In Pakistan, persons with disabilities are often not visible in the community. A lack of understanding of their basic needs and accessibility have left PWDs somewhat shunned from the general public. According to World Health Organization (census 2017), estimated 30 million people are living with some form of disability in Pakistan.

With this in mind, Founder Niaz, Hussain Odhwani developed an innovative social enterprise to increase the integration of disabled individuals into society through providing them customised wheelchair based on their body measurement and disability needs. The initiative also involves PWDs in its manufacturing process, hence providing employment opportunities.

Niaz is unlike anything we have seen in past,” says Hussain Odhwani, which is a platform to connect people with deserving persons with disabilities suffering from extreme poverty. “Given the lack of opportunities for people with disabilities in our community, we sought to find a creative solution in form of a disability gift store and one that could also engage overseas Pakistanis. We will continue to research on disability needs to offer socially responsible gifts that can transform lives.”

“Many prominent individuals were enthusiastic about the initiative and have joined the network as Honorary Ambassadors from around the globe, particularly to be part of an innovative solution to address a pressing social issue.” Hussain added.

Niaz website has been officially launched, where gifter can select a person with disability from the verified list, order a customised wheelchair and get it delivered to the gift recipient. The gifter will also receive delivery confirmation in form of a video as a token of gratitude along with a quarterly impact report on how these gifts are transforming lives of PWDs. To find out more about Niaz, visit www.niazsupport.org.

Journalist Arshad Sharif shot dead in Kenya, says wife

ISLAMABAD, OCT 24: Senior journalist and anchorperson Arshad Sharif died in an accident in Kenya, reported on Monday.

Family sources and colleagues have confirmed that journalist Arshad Sharif has died in Kenya.

Journalist Arshad Sharif died in Kenya reportedly after being shot, his wife Javeria Siddique confirmed early on Monday morning.

“I lost friend, husband and my favourite journalist [Arshad Sharif] today, as per police he was shot in Kenya,” she tweeted.

Foreign Office Spokesperson Asim Iftikhar said Pakistan’s High Commission in Kenya was ascertaining information from the authorities.

Authorities in both countries are yet to confirm the journalist’s death and the circumstances surrounding it. Some Pakistani media outlets had initially stated that Sharif was shot dead but later said he died in an accident.

However, Sharif’s wife later tweeted that the journalist was shot dead in Kenya.

Sharif, who was a fierce critic of the incumbent government and the country’s establishment, had left Pakistan earlier this year after sedition cases were registered against him in different cities.

Condolences

Condolences poured in from colleagues and politicians on the journalist’s death.

President Dr Arif Alvi termed Sharif’s death a loss for journalism and Pakistan. “May his soul rest in peace and may his family, which includes his followers, have the strength to bear this loss,” Alvi said. “My brother, my friend, my colleague Arshad Shareef was shot dead in Kenya … I still can’t believe it. It’s beyond heart breaking.

This is just wrong … this is painful … I love u brother,” ARY News anchorperson Kashif Abbasi tweeted.“Unbelievable. May Allah rest the soul of Arshad Sharif in peace. Ameen,” journalist Hamid Mir tweeted. Geo News anchorperson Shahzeb Khanzada said he was extremely sad to hear the devastating news. “Arshad Sharif, not just a colleague, a brother, is no more. From Islamabad to Moscow, from Dunya News to ARY, I’ve not known a finer gentleman.

Shot dead. Too young. Too brutally,” Hum News anchorperson Meher Bokhari tweeted. PTI Secretary General Asad Umar and Senator Azam Swati also said they were shocked and devastated by the news of Sharif’s death. Journalists Kamran Khan and Shahbaz Rana called for an investigation into Sharif’s killing.

Saudi forum set to draw US business leaders 

President Joe Biden has vowed “consequences” for US-Saudi ties over an OPEC+ decision

News Desk

DUBAI: A public spat between the United States and Saudi Arabia will not deter top Wall Street executives and US business leaders from a flagship investment event starting on Tuesday where the kingdom will seek deals to reduce its economy’s reliance on oil.

President Joe Biden has vowed “consequences” for US-Saudi ties over an OPEC+ decision this month to cut oil output targets, which Riyadh defended as serving market stability.

The dispute was the latest shadow to be cast over the annual Future Investment Initiative (FII), which was hit by a Western boycott over the 2018 murder of Saudi journalist Jamal Khashoggi and by the pandemic in 2020, leaving it a far cry from the 2017 inaugural event that Riyadh billed as “Davos in the Desert”.

FII recovered in 2019 after the uproar over Khashoggi’s killing by Saudi agents, drawing big names from financial, defence and energy firms with strategic interests in the world’s top oil exporter, but garnered relatively meagre foreign inflows.

More than 400 US delegates are expected to attend this week, Richard Attias, CEO of the FII Institute, told Reuters, adding this was the largest representation of a foreign country.

This year’s edition, running October 25-27, includes JPMorgan boss Jamie Dimon, Pimco Vice Chairman John Studzinski and a BNY Mellon executive as speakers, and they still plan to go, spokespeople for the companies told Reuters.

Top executives from Goldman Sachs, Blackstone, Bridgewater Associates, Boeing and Franklin Templeton are on the agenda. Goldman Sachs declined comment, while the rest did not respond.

JPMorgan and Goldman Sachs made nearly $77 million and $42 million respectively in investment banking fees in Saudi Arabia last year, Refinitiv data showed. JPM remains at the top of the league table in 2022 with over $39 million so far.

Asad hired two lobbying firms to promote Pak-US ties

Staff Report

ISLAMABAD: Pakistan’s former ambassador to the United States Asad Majeed Khan had already signed one of the most expensive lobbying deals with another firm to promote Pak-US relations before engaging with Fenton/Arlook LLC, a Pakistani newspaper reported on Sunday. 

Five days before PTI chief Imran Khan disclosed the alleged regime change conspiracy on March 20, 2022, Majeed recruited Fenton/Arlook LLC which later also became PTI’s lobbyist . 

However, just four months before this agreement, the former envoy had already signed a deal with Brownstein Hyatt Farber Schreck, LLP to promote ties between Pakistan and United States. 

During his tenure as ambassador in Washington, the diplomat had signed one of the most costly contracts. As per the agreement, a copy of which is available with The News, Pakistan Embassy had agreed to pay $100,000 monthly ($1.2 million annually) to Brownstein Hyatt Farber Schreck, LLP.

However, despite having an active lobbying contract with such an expensive firm, the ambassador had signed a new agreement with Fenton/Arlook for the same purpose for $30,000 monthly. 

Five months later, in August 2022, Imran Khan’s party engaged Fenton/Arlook LLC to promote the party’s image in the United States. The PTI, on the other hand, agreed to pay the lobbying company $25,000 every month.

As per the contract signed between the Pakistan Embassy in the United States and Brownstein Hyatt Farber Schreck, LLP, “The Firm shall provide general governmental relations services, to include providing policy advice and advocating on behalf of the Embassy before the US Congress, the Executive Branch, and relevant third-party organisations in Washington, DC.

“Upon execution of this agreement, our monthly retainer fee for this matter will be $100,000 inclusive of charges and expenses saved for business-related travel to Pakistan, effective for an initial annual term, at which time this agreement will be re-evaluated. Pakistan will be invoiced for this retainer quarterly in advance and no work will begin until the invoice has been paid,” reads the agreement.

Diplomatic sources raised the question that when the embassy already had a lobbying firm on its retainership and that too at a very high price, what was the reason for hiring another firm for the same job? What was the urgent need for hiring Fenton/Arlook when the embassy already had an agreement with Brownstein Hyatt Farber Schreck LLP? 

Pakistan Railways planning to upgrade five major stations

ISLAMABAD: Pakistan Railways is planning to upgrade five of its major railway stations across the country on modern lines to facilitate passengers and help the department generate more revenue. 

The purpose to upgrade the railway stations is to make them commercial hubs for business activities and facilitate the passengers,” an official in the Ministry of Railways told APP on Sunday.

He said the stations include Karachi, Lahore, Faisalabad, Peshawar and Quetta. The official said that the decision was made in line with the direction of Minister for Railways Khawaja Saad Rafique.

The official said that the government was taking several steps to improve the performance of Pakistan Railways and would provide maximum facilities to the masses.

Responding to a question, he told that the railway infrastructure in Balochistan was being maintained as per available resources in order to provide safe and secure travelling to the passengers. The tracks include Sibi-Quetta-Chaman, Spezand-Taftan, and Sibi-Hurnai and some portion of Jacobabad-Sibi Section, he added.

He said that improvement of passengers’ amenities had been carried out by providing washrooms, drinking water and renovation of waiting rooms at the buildings of various stations.

Regarding the Sama Satta-Amruka section, he said that the contract for the rehabilitation of the track had been awarded to the Frontier Works Organisation (FWO) which was signed in March 2021 at a cost of Rs 7,735 million.

PCFR organizes seminar on Pakistan’s economic crisis

ISLAMABAD, OCT 23 /DNA/ – Pakistan Council on Foreign Relations (PCFR), Karachi based registered think-tank, organized a seminar on“Pakistan’s Economic Crisis and Foreign Policy Challenges”at a local hotel yesterday. Dr. Shamshad Akhtar Former Federal Minister of Finance & Former Governor State Bank of Pakistan and Ambassador (R) Aizaz Ahmad Chaudhry former Foreign Secretary & former Ambassador to the U.S. deliberated on the subject. Ahsan Mukhtar Zubairi Secretary General PCFR greeted the distinguished guests in his welcome address.Addressing the audience, Zuberi maintainedthatsinceindependencePakistanhasfacedanumbereconomicchallenges including soaring foreign debt, trade deficit, inflation, and depreciating currency. Ambassador Shahid M Amin,ChairmanPCFRhighlightedthesignificanceofthesubjectinhisintroductoryremarks.Ambassador Amin said that economy and foreign policy are intrinsically linked with each other. While commenting on foreign policy Ambassador Amin maintained that instead of putting all eggs in one basket we should have multiple foreign policyoptions.

The former Federal Minister of Finance and former Governor SBP, Dr. Shamshad Akhtar shared her thoughts on “Pakistan’s Economic Challenges: Present and Future”.She highlighted the challenges Pakistan has been facing on the economic front for last many years. She stressed upon the need of prudent and skillful economic management to deal with uncertainties and risks Pakistan is exposed to. Ambassador Aizaz Ahmad Chaudhry deliberated on “Pakistan’s Foreign PolicyChallengesAmidstEconomicVulnerabilities”.AmbassadorChaudhrymaintainedthatPakistanisfacing anumberforeignpolicychallengesthatincludenavigatingbetweenU.S.-ChinaRivalry,balancingbetween Iran and Saudi Arabia, Modi’s India, unstable Afghanistan, and several non-traditional threats. He also highlightedthatPakistan’seconomicvulnerabilitieshavelimitedtheoptionsfordealingwiththechallenges at foreign policy front. The talks were followed by lively question and answer session. The event was attended by a foreign Consul Generals, businessmen, retired ambassadors, academics, and researchers.

Solider martyred in cross-border terrorist attack from Afghanistan

ISLAMABAD, OCT 23 /DNA/ – Terrorists from inside Afghanistan across the international border, opened fire on a military post in Hassan Khel Sector, North Waziristan District. Own troops responded in a befitting manner. During fire exchange 1  soldier, Assistant Lance Daffadar Waqar Ali (Age 32 Years, resident of Chota Lahore, Swabi) embraced Shahadat. 

Pakistan has consistently been requesting Afghanistan to ensure effective border management. Pakistan strongly condemns the use of Afghan soil by terrorists for activates against Pakistan.

Pakistan Army is determined to eliminate the menace of terrorism and such sacrifices of our brave soldiers further strengthen our resolve.

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