Pakistan dispatches goods convoy to Central Asia through partnership with Dubai’s DP World

Officials from Pakistan’s National Logistics Corporation (NLC) and UAE-based DP World firm inaugurate partnership project in Karachi on January 12, 2025. (Photo courtesy: NLC)

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Updated 15 January 2025

Arab News Pakistan

January 15, 2025 17:03

Pakistan dispatches goods convoy to Central Asia through partnership with Dubai’s DP World

Pakistan and DP World this week finalized terms for freight corridor project from Karachi to country’s southwest
DP World CEO says partnership to provide vast business opportunities and strengthen regional economic activities

Updated 15 January 2025

Arab News Pakistan

January 15, 2025 17:03

ISLAMABAD: Pakistan dispatched its first convoy of commercial goods from its southern port city of Karachi to Central Asia through the partnership between the state-owned National Logistics Corporation (NLC) and UAE-based DP World firm, state media reported on Wednesday.
The development takes place days after Pakistan and DP World finalized terms for a freight corridor project from Karachi Port to the Pipri Marshalling yard in southern Pakistan.
The Karachi Freight Corridor is an infrastructure project in Pakistan aimed at improving the movement of freight from Karachi, the country’s largest city, to various parts of the country. The project involves the construction of a dedicated double-track corridor and other related facilities that will run 50 km from Karachi port to the Pipri marshalling yard.
“The first convoy carrying commercial goods has been dispatched from Karachi to Central Asia through the partnership between NLC and DP World,” state broadcaster Radio Pakistan reported.
It added that senior officials from DP World and NLC, as well as prominent business figures attended the launch event.
Sultan Ahmed Bin Sulayem, DP World’s group chairman and CEO, said the strategic position of NLC in the region and DP World’s global presence will provide vast business opportunities and strengthen economic activities.
“The Director-General of NLC said this initiative will have far-reaching effects on regional trade and will be immensely beneficial for the business community of the region,” state media reported.
Pakistan has reached out to regional allies, especially Gulf countries, to bolster trade and foreign investment in recent months. Pakistan and the UAE last year signed two inter-governmental framework agreements to establish a dedicated rail freight corridor and economic zone near Karachi.
The agreements cover plans for over $3 billion investments in railways, economic zones and infrastructure. DP World will act on behalf of Dubai, while the Pakistan Railways and Port Qasim Authority will act on behalf of Pakistan.

Topics: DP World central Asia National Logistics Corporation

Pakistan press club sues critic for defamation under controversial cybercrime law

Updated 11 sec ago

NAIMAT KHAN

February 11, 2025 19:27

Pakistan press club sues critic for defamation under controversial cybercrime law

President of the Mardan Press Club says the accused had attacked members with ‘highly inappropriate language’
Journalist leaders say case should have been registered under other laws, not Prevention of Electronic Crimes Act

Updated 11 sec ago

NAIMAT KHAN

February 11, 2025 19:27

KARACHI: A journalists’ club in Pakistan’s Khyber Pakhtunkhwa province has filed a case against a critic over alleged defamation under the controversial Prevention of Electronic Crimes Act (PECA), which Pakistani journalist bodies have challenged in courts.
The Mardan Press Club (MPC) alleged that Zahid Khan, who manages a Facebook page under his name and claims to be associated with ‘Daily Nida-e-Watan’ and ‘Piyam-e-Khyber’ newspapers, had been running a “defamatory and negative propaganda campaign” against the club and its members for several years. The First Information Report (FIR), registered against Khan under sections 506 and 500 of the Pakistan Penal Code as well as the PECA law, says the accused had been using “highly inappropriate language repeatedly” against MPC members.
The Pakistan Electronic Crimes (Amendment) Act, 2025, enacted on January 29, includes provisions making the dissemination of “fake or false” information a criminal offense punishable by up to three years in prison without clearly defining “fake or false” news. Journalists and digital rights experts say they were excluded from consultations on the bill, which prevented genuine public scrutiny of the new law, and have challenged it in courts.
The PECA amendments aim to create four new regulatory bodies to regulate online content and broaden the definition of online harm. The regulatory bodies will be authorized to block and remove content based on ambiguous criteria that do not meet the standards of proportionality and necessity required under international human rights law, Human Rights Watch and Amnesty International rights groups have said.
“Zahid had applied for the club’s membership, but the governing body rejected his application, deeming him unqualified for the membership,” Muhammad Riaz Khan Mayar, the MPC president, told Arab News.
“Following this, he approached the civil court and then the high court, but both forums dismissed his petition. After that, he started launching personal attacks against the press club and its members on social media, using highly inappropriate language repeatedly.”
Mayar said his press club shared concerns of Pakistani journalist bodies about the PECA law.
“The press club cannot engage in fights but has the right to seek legal recourse against persistent defamation and personal attacks,” he argued, saying that PECA was used only because it is currently in effect.
While journalist leaders supported legal action against the accused for alleged defamation, they criticized the invoking of PECA by the complainants.
AH Khanzada, secretary-general of the Pakistan Federal Union of Journalists (PFUJ), said the FIR should have been registered against relevant sections of the Pakistan Penal Code, and not the PECA law.
“The journalists of the country firmly stand against the PECA law which we strongly believe has been enacted and later amendments were made to target freedom of speech and freedom of press,” Khanzada said.
“We will continue our struggle against the law, which we have no doubt is meant to suppress our voice. As we stand with Mardan Press Club against those attacking it, we believe that registering FIR under the PECA law is totally wrong.”
He urged the press club management to take back the complaint and register it, if at all necessary, under other laws.
Fazil Jamili, president of the Karachi Press Club, echoed the concerns.
“We, the journalists, strongly oppose the PECA law and no case, against anyone, should be registered under it,” Jamili told Arab News. “We also believe that the press club had every right to adopt legal course against a person who had been making personal attacks on its office bearers and members, but it should be registered under other defamation laws instead of PECA.”

Topics: PECA defamation law cybercrimes law

Pakistan PM uses World Governments Summit to call for independent state of Palestine

Updated 11 min 40 sec ago

Falak Mahmood Khan

February 11, 2025 18:04

Pakistan PM uses World Governments Summit to call for independent state of Palestine

Gaza war has been paused since January 19 under ceasefire agreement between Israel and Hamas
Palestinian territory, encompassing Gaza Strip and West Bank, has been occupied by Israel since 1967

Updated 11 min 40 sec ago

Falak Mahmood Khan

February 11, 2025 18:04

ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif on Tuesday used the pulpit at the World Governments Summit in Dubai to call for the creation of an independent state of Palestine, saying it was the only path toward a “durable and just peace.”
The latest Gaza war, which began after an Oct. 7, 2023, Hamas attack on Israel, has been paused since Jan. 19 under the ceasefire agreement between Israel and Hamas that was brokered by Qatar and Egypt with support from the United States.
More than 48,000 Palestinians have been killed in the war, the Gaza health ministry says, and nearly all of Gaza’s 2.3 million population has been internally displaced by the conflict, which has caused a hunger crisis.
Some 1,200 people were killed in the October 7, 2023 Hamas-led attack on southern Israeli communities and about 250 were taken to Gaza as hostages, Israeli tallies show.
“This gathering could not have come at a more opportune time as the region begins to recover from the tumultuous aftershocks of the tragic conflict in Gaza, which has claimed [lives of] over 50,000 innocent Palestinians,” Sharif said as he addressed the WSG.

Pakistan's Prime Minister Shehbaz Sharif addresses the audience at the plenary hall during the World Governments Summit in Dubai on February 11, 2025. (AFP)

“It is now our hope that the genocidal operation will be followed by a lasting peace. However, Pakistan believes that durable and just peace is only possible through a two-state solution in accordance with the relevant UN resolutions, that is the creation of an independent state of Palestine, with pre-1967 boundaries and Al-Quds as its capital.”
Palestinian territory – encompassing the Gaza Strip and West Bank, including East Jerusalem – has been occupied by Israel since 1967.
Pakistan does not recognize Israel and has consistently called for an independent Palestinian state based on “internationally agreed parameters.”

Topics: Pakistan Prime Minister Shehbaz Sharif Gaza ceasefire World Governments Summit World Governments Summit 2025

In unprecedented development, Pakistan chief justice meets visiting IMF team

Updated 11 February 2025

Ismail Dilawar

February 11, 2025 17:41

In unprecedented development, Pakistan chief justice meets visiting IMF team

Discusses judicial reforms, accountability, recent restructuring of commission that recommends judges to superior courts
Finance ministry said on Sunday IMF mission would visit Pakistan to conduct Governance and Corruption Diagnostic Assessment

Updated 11 February 2025

Ismail Dilawar

February 11, 2025 17:41

KARACHI: In a rare development on Tuesday, an International Monetary Fund (IMF) delegation visiting Pakistan met the country’s chief justice for discussions on judicial reforms, accountability and the recent controversial restructuring of a commission that recommends judges for Pakistan’s superior courts.
The finance ministry said on Sunday a three-member IMF mission would visit Pakistan in the coming week to conduct a Governance and Corruption Diagnostic Assessment under the country’s 2024 Extended Fund Facility program for a $7 billion loan. The ministry said the mission’s report would recommend actions for addressing corruption vulnerabilities and strengthening integrity and governance, with the findings helping to shape structural reforms.
On Tuesday, the Supreme Court said in a press release the IMF team led by Joel Turkewitz had met with Chief Justice Yahya Afridi.
The statement quoted the CJ as saying he would be “quite guarded” in his comments to the IMF team and the judiciary was “not used to direct interaction with such missions,” but it was taking place on the request of the finance division.
“He then highlighted key Constitutional developments with respect to the Judicial Commission of Pakistan and reforms, including senior-level judicial appointments, judicial accountability, and the restructuring of the Judicial Commission of Pakistan (JCP). He elaborated on the merits of integrating the judiciary and the parliamentary committee to ensure a more transparent and efficient judicial selection process,” the SC statement said.
Discussions during the meeting also centered on judicial accountability and mechanisms for addressing complaints against judges.
“The Chief Justice emphasized the importance of a robust and fair accountability process to uphold the integrity and independence of the judiciary,” the statement said.
The finance ministry statement on Sunday had said the focus of the visiting mission would be to “examine the severity of corruption vulnerabilities across six core state functions.”
“These include fiscal governance, central bank governance and operations, financial sector oversight, market regulation, rule of law, and Anti-Money Laundering and Combating the Financing of Terrorism,” it read.
The finance ministry said the IMF had long provided advice and technical assistance to foster good governance such as promoting public sector transparency and accountability.
“Traditionally the IMF’s main focus has been on encouraging countries to correct macroeconomic imbalances, reduce inflation, and undertake key trade, exchange, and other market reforms needed to improve efficiency and support sustained economic growth,” the finance ministry said on Feb. 9.
“While these remain its main focus in all its member countries, however the IMF has found that a much broader range of institutional reforms is needed if countries are to establish and maintain private sector confidence and thereby lay the basis for sustained growth.”
The IMF identified that promoting good governance in all its aspects, including ensuring the rule of law, improving the efficiency and accountability of the public sector, and tackling corruption, “are essential elements of a framework within which economies can prosper,” the ministry said, welcoming the IMF’s technical support and saying the assessment would aid efforts to promote transparency and institutional capacity.
The South Asian country, currently bolstered by a $7 billion IMF facility granted in September, is navigating an economic recovery.
The IMF is set to review Pakistan’s progress by March, with the government and central bank expressing confidence about meeting its targets.

Topics: Pakistan IMF Talks IMF bailout measures chief justice Yahya Afridi

Pakistan urges global support for its $100 billion energy transition at World Governments Summit in UAE

Updated 14 min 11 sec ago

SAIMA SHABBIR

February 11, 2025 17:31

Pakistan urges global support for its $100 billion energy transition at World Governments Summit in UAE

The summit brought together a large number of heads of governments, global policymakers, and leading private sector figures
Pakistan was committed to achieving 60 percent clean energy mix and 30 percent electric vehicle transition by 2030, PM Shehbaz Sharif says

Updated 14 min 11 sec ago

SAIMA SHABBIR

February 11, 2025 17:31

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday called for global support to meet Pakistan’s $100 billion energy transition needs as he addressed participants at the World Governments Summit (WGS) in the United Arab Emirates (UAE).
The summit, being held in Dubai on Feb. 11-13 under the theme ‘Shaping Future Governments’, brings together a large number of heads of state/government, global policymakers, and leading private sector figures to discuss the future of governance, innovation and international cooperation.
Addressing the summit on Tuesday, the Pakistani prime minister urging stronger climate financing, technology sharing from governments, private investment, and multilateral cooperation for sustainable growth of developing nations.
“The global shift to a green economy requires a shared responsibility,” he said. “Pakistan’s energy transition alone demands $100 billion in investment and I call upon governments to strengthen climate financing and technology sharing, private investors to explore Pakistan’s green energy and infrastructure opportunities, multilateral institutions to support emerging economies like Pakistan in achieving sustainable growth.”
Sharif emphasized that while Pakistan was fully committed to mobilizing domestic resources and policy reforms, international partnerships and financial support remained critical to achieving this goal.
The South Asian country offers one of the most dynamic investment landscapes in Asia, with 70 percent of its dynamic, young and tech-savvy population under the age of 30, according to the prime minister. Pakistan is simplifying business regulations, enhancing legal protections and streamlining investment approvals to make it a leading destination for global capital.

Pakistan Prime Minister Shehbaz Sharif speaks during the World Governments Summit in Dubai, United Arab Emirates, on February 11, 2025. (AP)

“To drive investment in key sectors, the Special Investment Facilitation Council (SIFC) has been established focusing on renewable energy and resilient infrastructure, technology and digital economy, minerals and industrial development and agricultural and food security,” he said.
Pakistan established the SIFC, a civil-military body, in June 2023 to attract foreign investment by eliminating bureaucratic hurdles and provide a one-window operation to foreign businesses.
Sharif said his country stands at a “defining moment of economic transformation” as inflation dropped to 2.4 percent in January, the lowest in nine years, with the interest rate capped at 12 percent, a major stimulus for private sector credit.
He said the Udaan Pakistan national economic transformation plan, which focuses on exports, e-Pakistan, environment and climate change, energy and infrastructure, equity and empowerment, has energy security and sustainability at the core of its agenda, not just as an economic necessity but as a national priority.
“Pakistan is committed to achieving a 60 percent clean energy mix by 2030 and transitioning 30 percent of all vehicles to electric mobility and we are rapidly scaling up solar, wind, hydro power and nuclear energy,” he added.
PAKISTANI, UAE LEADERS SEEK TO DEEPEN ECONOMIC PARTNERSHIP
Sharif earlier met with UAE President Sheikh Mohamed bin Zayed Al Nahyan, with the Pakistan PM’s office saying both leaders discussed ways to deepen cooperation between Pakistan and the UAE and explored opportunities to enhance mutual interests.
“The talks focused on economic, trade, and development fields, alongside other areas that align with both nations’ visions for sustainable economic growth and prosperity,” Sharif’s office said said in a statement.

The two figures also exchanged views on a number of regional and international issues of mutual interest, with a focus on recent developments in the Middle East.
“They emphasized the need for intensified international efforts for a comprehensive and lasting peace in Palestine based on the two-state solution to maintain regional security, stability, and peace,” Sharif’s office said.
The Pakistani premier also met with UAE Prime Minister Sheikh Mohammed bin Rashid Al-Maktoum, who established the WGS in 2013.

Pakistan’s Prime Minister Shehbaz Sharif meets United Arab Emirates (UAE) Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, on the sidelines of the World Governments Summit 2025, in Dubai on February 11, 2025. (PMO)

“The Prime Minister lauded this transformative and timely initiative, providing a platform to world leaders, policy makers and experts, where they could gather under one roof to hold global discourse on the future of governance and better future,” Sharif’s office said in a statement.
The prime minister highlighted Pakistan’s pro-investment policies aimed at facilitating Emirati investors in key sectors such as energy, infrastructure, mining and IT.
“He invited Emirati businesses to explore investment opportunities in Pakistan,” the statement read.

Topics: World Governments Summit World Governments Summit 2025 Pakistan Prime Minister Shehbaz Sharif

Pakistan says IMF ‘on board’ over $7 billion bailout targets

Updated 11 February 2025

Ismail Dilawar

February 11, 2025 17:02

Pakistan says IMF ‘on board’ over $7 billion bailout targets

The statement comes days before the arrival of an IMF team for the first review of the facility
IMF bailouts are critical for Pakistan which narrowly avoided a sovereign default in June 2023

Updated 11 February 2025

Ismail Dilawar

February 11, 2025 17:02

KARACHI: Pakistan has taken the International Monetary Fund (IMF) on board over its targets under a $7 billion loan program it secured in September, a finance ministry official said on Tuesday, days before the arrival of an IMF mission in the South Asian nation for the program’s first review.
A successful review, expected later this month or in early March, would see the Washington-based lender release around $1 billion tranche to cash-strapped Pakistan, which seeks to boost its foreign exchange reserves to achieve the IMF’s threshold of three months import cover.
IMF bailouts are critical for Pakistan which narrowly avoided a sovereign default in June 2023 by clinching a last-gasp, $3 billion IMF loan and is currently navigating a tricky path to economic recovery.
“We are on track,” Khurram Schehzad, an adviser at the Pakistani finance ministry, told Arab News. “The IMF is on board on the targets and benchmarks that we have achieved as well as only a few we are chasing. We are fully prepared to go into the review process.”
The statement is expected to allay investor concerns about Pakistan meeting the IMF’s conditions to reform its economy by cutting on energy subsidies, broadening the tax net to agriculture, real estate and retail sectors, and privatizing loss-making, state-owned enterprises like the Pakistan International Airlines (PIA).
“We are working on the taxation side by bringing in the under-taxed and non-taxed sectors into the net by broadening, deepening and widening it,” Schehzad said.
Provincial governments in Pakistan’s Sindh, Punjab, Khyber Pakhtunkhwa and Balochistan provinces have recently enacted laws to impose taxes on farm incomes, fulfilling one of the IMF’s requirements.
Since averting an imminent default on its external debt in 2023, Pakistan is now keeping its current account in check primarily through containing imports. The country’s exports rose 10% to $19.6 billion in the last seven months till January, while it is keeping tabs on imports that increased by 7% to $33 billion, according to Pakistan Bureau of Statistics.
“Our balance of payment position is going to be manageable this year,” said Schehzad, who believes population growth and climate change are the two biggest challenges facing Pakistan’s economy.
The country achieved a current account surplus of $1.2 billion from July 2024 till December 2024 and is expecting to receive a record $35 billion worker remittances by June 2025. It expects IT exports to increase to $4 billion this year.
As jailed former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party carries out countrywide protests to demand the return of its “stolen” mandate in the last general election, PM Shehbaz Sharif’s government is trying to shore up the fragile economy, which Schehzad said is expected to expand in the range of 3% to 3.5% this financial year ending in June.
Pakistan’s central bank has slashed the interest rate by a cumulative 1,000 basis points to 12% since June to spur economic growth, thanks to the easing inflation that rose 2.41% last month, the lowest in more than nine years.
“We are keeping an eye on the prices of all essential items that should be reflective of the prevailing inflation numbers, so to close the gap between numbers and on-ground prices,” the finance adviser said.
The pace of price hike is expected to ease further in the months ahead, which will create more room for the central bank to decrease the rate of bank borrowing.
“We are giving priority to long-term sustainability of the economy over short term reliefs,” Schehzad said.
The Pakistani government is striving to turn the hard-earned economic stability with fiscal and external consolidation into a growth that is export-led and driven by productive and efficient investments primarily by the private sector, according to the finance adviser.
The government is working to break the so-called boom-and-bust cycle Pakistan’s economy has been “suffering from in the past many years now” and targets 6% growth and beyond by 2029, he added.

Topics: Pakistan IMF Talks

Pakistan dispatches goods convoy to Central Asia through partnership with Dubai’s DP World

Pakistan dispatches goods convoy to Central Asia through partnership with Dubai’s DP World

Pakistan press club sues critic for defamation under controversial cybercrime law

Pakistan press club sues critic for defamation under controversial cybercrime law

Pakistan PM uses World Governments Summit to call for independent state of Palestine

Pakistan PM uses World Governments Summit to call for independent state of Palestine

Pakistan urges global support for its $100 billion energy transition at World Governments Summit in UAE

Pakistani, UAE leaders seek to deepen economic partnership for sustainable growth

In unprecedented development, Pakistan chief justice meets visiting IMF team

In unprecedented development, Pakistan chief justice meets visiting IMF team

Pakistan says IMF ‘on board’ over $7 billion bailout targets

Islamabad says IMF team in Pakistan for governance review, not judicial oversight

Pakistan urges global support for its $100 billion energy transition at World Governments Summit in UAE

Pakistan urges global support for its $100 billion energy transition at World Governments Summit in UAE

Pakistan PM uses World Governments Summit to call for independent state of Palestine

Pakistan says has ‘close interaction’ with Saudi Arabia, UAE in minerals and mining sectors

Pakistan says IMF ‘on board’ over $7 billion bailout targets

Pakistan says IMF ‘on board’ over $7 billion bailout targets

In unprecedented development, Pakistan chief justice meets visiting IMF team

Islamabad says IMF team in Pakistan for governance review, not judicial oversight

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Pakistan dispatches goods convoy to Central Asia through partnership with Dubai’s DP World

Pakistan dispatches goods convoy to Central Asia through partnership with Dubai’s DP World

Pakistan press club sues critic for defamation under controversial cybercrime law

Pakistan PM uses World Governments Summit to call for independent state of Palestine

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