Pakistan PM credits Trump as world leaders sign Gaza ceasefire document in Egypt

Pakistan PM credits Trump as world leaders sign Gaza ceasefire document in Egypt
Pakistan's Prime Minister Shehbaz Sharif (C) speaks as US President Donald Trump (L) and Britain's Prime Minister Keir Starmer (R) watch during the Sharm El-Sheikh Peace Summit in the Egyptian Red Sea resort town of Sharm el-Sheikh on October 13, 2025. (AFP)
Short Url
Updated 13 October 2025
Follow

Pakistan PM credits Trump as world leaders sign Gaza ceasefire document in Egypt

Pakistan PM credits Trump as world leaders sign Gaza ceasefire document in Egypt
  • The declaration was signed during an international summit hosted by Egypt in Sharm El-Sheikh after Israel, Hamas exchanged hostages, prisoners
  • President Trump said the ceasefire document would be spelling out ‘rules and regulations and lots of other things’ and that ‘it’s going to hold up’

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Monday hailed President Donald Trump for his exemplary leadership as world leaders signed a declaration meant to cement a ceasefire in Gaza.

Trump made a lightning visit to Israel, where he addressed parliament, before flying to Egypt for a Gaza summit where he and the leaders of Egypt, Qatar and Turkiye signed the declaration as guarantors to the Gaza deal.

The document was signed during an international summit hosted by Egypt in the Red Sea resort of Sharm El-Sheikh after Israel and Hamas exchanged hostages and prisoners, with Trump calling it a “tremendous day for the Middle East.”

Speaking at the ceremony, Prime Minister Shehbaz Sharif lauded Trump for his untiring efforts in materializing the peace deal, saying the world would remember him as a man who went out of the way to stop several wars.

“Today is a one of the greatest days in contemporary history, because peace has been achieved after untiring efforts led by President Trump who is genuinely a man of peace, who has relentlessly and untiringly worked throughout these months, day in and day out, to make this world a place to live with peace and prosperity,” he said.

Sharif also thanked the leaders of Saudi Arabia, Qatar, Egypt and Turkiye for their mediation to bring an end to Israel’s two-year war on Gaza, which has killed more than 67,000 Palestinians.

As part of Trump’s plan to end the Gaza war, Hamas on Monday freed the last 20 surviving hostages it held after two years of captivity in Gaza. In exchange, Israel released 1,968 mostly Palestinian prisoners held in its jails, its prison service said.

“This is a tremendous day for the world, it’s a tremendous day for the Middle East,” Trump told as more than two dozen world leaders in Sharm El-Sheikh.

“The document is going to spell out rules and regulations and lots of other things,” he said before signing, repeating twice that “it’s going to hold up.”


Pakistan urges stronger OIC trade liberalization, digital integration at Istanbul conference

Pakistan urges stronger OIC trade liberalization, digital integration at Istanbul conference
Updated 7 sec ago
Follow

Pakistan urges stronger OIC trade liberalization, digital integration at Istanbul conference

Pakistan urges stronger OIC trade liberalization, digital integration at Istanbul conference
  • Country’s commerce minister calls for harmonized trade rules, digital cooperation across OIC states
  • He proposes OIC Green Finance Mechanism, knowledge-sharing center for agriculture, manufacturing

KARACHI: Pakistan has urged Muslim nations to deepen economic and digital integration, according to an official statement on Tuesday, calling for the removal of trade barriers and joint investment in green and technology-driven growth across the Islamic world.

Addressing the 41st session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organization of Islamic Cooperation (OIC), Commerce Minister Jam Kamal Khan said stronger intra-OIC cooperation was essential to face global economic, political and environmental challenges.

“For us in the Islamic world, economic cooperation is not merely about trade: it is about forging stronger bonds of partnership and mutual benefit,” he told delegates.

Khan said intra-OIC trade remained below potential due to regulatory barriers, limited connectivity and infrastructure gaps while calling for cutting non-tariff barriers, streamlining customs and harmonizing trade regulations to enable freer movement of goods and services.

“Pakistan believes the OIC Trade Agreement should become a real tool for trade liberalization and cross-border facilitation,” he said, urging more private-sector engagement and public-private partnerships to spur investment and job creation.

The minister highlighted the need to prioritize digital integration in areas such as e-commerce, fintech and digital infrastructure to create new opportunities for youth and entrepreneurs.

“By promoting digital integration, we can enhance market access and create new prospects for innovation and growth,” he said.

He also proposed the creation of an OIC Green Finance Mechanism to fund climate-resilient and renewable-energy projects, stressing that economic progress must align with environmental stewardship.

Khan suggested establishing an OIC Center of Excellence for knowledge sharing and capacity building in sectors such as agriculture, manufacturing and clean energy.

Speaking on behalf of the Asia Group of OIC member states, he pointed out that while digital technologies were reshaping trade and finance, significant disparities persisted in broadband coverage, data governance and cross-border payments.

“The Muslim Ummah must act decisively to ensure that no member state is left behind in this digital transformation,” he said, urging investment in secure and inclusive digital infrastructure and Shariah-compliant financial tools for small and medium enterprises.