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PAKISTAN, UZBEKISTAN VOW EARLY FINALISATION OF STRATEGIC PARTNERSHIP AGREEMENT thursday, 9 november, 2023 i 24 Rabi us Sani, 1445

Rs 15.00 | Vol XIV No 130 I 8 Pages I Islamabad Edition

PM Kakar meets President Shavkat Mirziyoyev on sidelines of 16th Summit of ECO g Says recent operationalization of PTA, UPTTA to boost bilateral trade, streamline ECOTA g

P

TASHKENT

Staff RepoRt

AKISTAN and Uzbekistan on Wednesday reiterated the resolve to finalize the Strategic Partnership Agreement at the earliest to promote regional economic integration. The bilateral ties were discussed in a bilateral meeting between Caretaker Prime Minister Anwaarul Haq Kakar and President of Uzbekistan Shavkat Mirziyoyev, on the sidelines of the 16th Summit of the Economic Cooperation Organization (ECO) being held here. Both sides reaffirmed their commitment to play an active role for the regional connectivity. The leaders exchanged views on deepening bilateral cooperation in a range of areas including political, trade, economic, security, defence, and connectivity. Expressing satisfaction at the growing level of bilateral cooperation, Prime Minister

Kakar stressed the importance of sustaining the momentum. He underlined that the recent operationalization of Preferential Trade Agreement (PTA) and Transit Trade Agreement (UPTTA) would boost bilateral trade and transit trade in addition to streamlining Economic Cooperation Organization Trade Agreement (ECOTA). They reaffirmed commitment to the early completion of UzbekistanAfghanistan-Pakistan railway project. Prime Minister Kakar and President Mirziyoyev discussed on the ongoing humanitarian situation in Gaza and other regional and global developments. PM’S MEETING WITH ECO SECRETARY GENERAL Earlier, Caretaker Prime Minister Anwaarul Haq Kakar held a meeting with the Secretary General ECO Ambassador Khusrav Noziri, on the sidelines of the 16th ECO Summit in Tashkent, Uzbekistan. They reviewed the recent developments

in the Organization especially in the domain of trade, connectivity and economic cooperation. The situation in Indian Occupied Jammu & Kashmir and Middle East also came under discussion. The Secretary General ECO thanked Prime Minister for Pakistan’s firm support to the ECO and assured him of the commitment of the Secretariat to strengthen trade and connectivity in the region. Earlier, Caretaker Prime Minister Anwaarul Haq Kakar arrived in Tashkent on Wednesday on a two-day visit to attend the 16th Economic Cooperation Organization (ECO) Summit. Prime Minister of Uzbekistan Abdulla Nigmatovich Aripov warmly welcomed PM Kakar as he arrived at the Tashkent airport along with his delegation comprising Foreign Minister Jalil Abbas Jilani and Commerce Minister Gohar Ejaz. At the summit, the prime minister will reaffirm Pakistan’s commitment to ECO Vision 2025 and the promotion of regional co-

G7 calls for humanitarian pauses in Gaza, hostages’ release

operation in the areas of trade, transport, connectivity, energy, tourism and economic growth and productivity. On the sidelines of the summit, he will also engage in bilateral discussions with the leadership of Uzbekistan and other participating leaders. ECO VISION 2025 Earlier, Foreign Minister Jalil Abbas Jilani stressed Pakistan’s determination to achieve the ECO Vision 2025 as a member state to promote intra-regional trade.

IMF seeks briefing on SIFC’s role

g

TOKYO

agencieS

G7 foreign ministers on Wednesday called for humanitarian pauses in the Israel-Hamas war to allow in aid and help the release of hostages, and sought a return to a broader peace process. Ending a two-day meeting in Tokyo as Israeli forces continued to pound the Gaza Strip, the Group of Seven wealthy nations said in a joint statement that Israel had the right to defend itself. But they also underscored the need to protect civilians and to comply with international humanitarian law. G7 members are committed to preparing longterm solutions for Gaza and a return to a broader peace process in the Israel-Palestinian conflict “in line with the internationally agreed parameters,” the statement said. The ministers shared the view that “a two-state solution… remains the only path to a just, lasting, and secure peace”. It was only the second joint statement from the G7 since gunmen from the Palestinian group Hamas triggered the war with an attack on southern Israel on Oct.7, killing 1,400 people and taking some 240 hostages. The Israeli bombardment of Gaza has since killed more than 10,000 Palestinians, around 40% of them

ISLAMABAD

The interim federal government, for the first time, is likely to release funds worth approximately Rs 29 billion for the development schemes proposed by former lawmakers across the country, it was learnt on Tuesday. According to sources, the caretaker prime minister Anwaarul Haq Kakar has desired constitution of the steering committee and the federal cabinet has granted its necessary approval for the formation of a

Concerns shown over impact of SIFC on tax collection and subsidies ISLAMABAD

Shahzad paRacha

children, according to counts by health officials in the Hamas-ruled territory. “I believe it’s important that the G7 was able to put out its first unified message as a statement regarding a humanitarian pause… in terms of the responsibility the G7 has towards the international community,” Japanese Foreign Minister Yoko Kamikawa told reporters.

In a first, caretaker govt may release Rs29b for development schemes ahmad ahmadani

In a statement at the 27th ECO Council of Ministers meeting held at Shusha, Azerbaijan, he said that ECO intra-regional trade was less than eight percent of the region’s aggregate trade and was in stark contrast to other regional groupings such as the European Union, where intra-regional trade stood above 70 percent. He recalled the ‘ECO Vision 2025’ adopted during the 13th ECO Summit in Islamabad, which aptly provided them with a roadmap.

24-member steering committee. And, this steering committee shall approve release/surrender of funds to the provincial governments, federal ministries and division. Similarly, the committee will ensure implementation of the schemes/programmes through provincial governments and line ministries/divisions as per approved policy. Likewise, this committee will periodically review the progress of the programmes/schemes, and oversee the financial aspects of the programmes/schemes.

Asked whether all G7 members were calling for humanitarian pauses or whether some favoured a full ceasefire, US Secretary of State Antony Blinken said the statement accurately reflected what was discussed and that there was “real unity” among the bloc.

CONTINUED ON PAGE 03 Sources said that four caretaker federal ministers and nine senators have been included in the 24-member committee. They said that the disbursement of funds after the dissolution of the National Assembly was stopped due to the dissolution of the steering committee. They said Rs 90 billion were allocated for development schemes for the current financial year and the PDM government had released funds worth Rs 61 billion in just 40 days for the development schemes. Remaining Rs 29 billion worth funds which were stalled will now be released for the development schemes across the country, said sources. Earlier, Pakistan Peoples’ Party and other political parties demanded for the release of funds for the development schemes, the sources added.

The International Monetary Fund (IMF) has sought a briefing from the Finance ministry on the Special Investment Facility Council (SIFC). Sources said that technical level discussions are being continued between Pakistan and the IMF staff mission. These discussions will continue tomorrow despite the public holiday. The lender has reportedly asked MoF for a briefing on SIFC which was formed to attract foreign investment in five key sectors including Energy, Mining, IT, Agriculture and Defence. Sources said that the IMF is concerned about the impact of SIFC’s actions on tax collection and subsidies. Sources said that the Pakistani side informed the mission team that the government under SIFC is making efforts to bring investment in the country. They also told the mission that UAE, Saudi Arabia and Qatar have shown interest in making investments in the aviation and Petroleum sectors. Sources also said that France, Germany and South Korea have also been keen on long-term contracts in taking managerial control of loss making DISCOs. In addition, the Finance ministry also shared proposals to bridge the external finance gap with the IMF team. The external finance gap will be filled by foreign direct investment which will start from January next year. Sources said that the IMF team and finance ministry during the technical level negotiations also reviewed government guarantees, Central Bank Loans and External Payments. It was revealed that the burden of government guarantees was also reduced to Rs 3.85 trillion from Rs 4.048 trillion. The target was to limit the burden of government guarantees to Rs 4 trillion by September 2023. The IMF has also directed Pakistan to not to issue new guarantees and instructed the Pakistani side to place a bar on borrowing from the central bank. Meanwhile, the economic team has also assured the IMF that external debt payments will not be delayed. In addition, the Single Treasury Account will also be implemented by the end of this month.

Pakistan witnessed sharp rise in terror after Kabul takeover, says Kakar g

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Regrets Afghan govt failed to take action against those involved in cross-border terrorism ISLAMABAD

Staff RepoRt

Caretaker Prime Minister Anwaarul Haq on Wednesday said a number of Afghan nationals living in Pakistan illegally were involved in terrorism and crime, elaborating on that the country had every right to deport the illegal migrants. The rising terrorism in Pakistan after the recent provocative statements issued by the Afghan nationals [about Islamabad’s decision to send home all the illegal foreigners] was very significant, Kakar said. Addressing a press conference, he said Kabul must hand over all those persons who were behind the terror activities in Pakistan, saying that a list of wanted terrorists had already provided to the Afghan Taliban. However, he regretted that the Afghan interim government had not taken any action against those involved in cross-border terrorism – a clear reference to the outlawed Tehreek-e-

Taliban Pakistan (TTP) and other groups. Taking action against the TTP was in the interest of both countries, Kakar made it clear that the threatening statements issued by Kabul were unfortunate. Pakistan decided to take steps for tackling the situation after Kabul didn’t give a positive reaction, he said in reference to the moves like the deportation of illegal foreign residents, adding that the statements issued by the Kabul officials made it impossible to solve the matters amicably. Kakar noted that Pakistan had witnessed a 60 percent rise in terrorism acts after the interim government (Taliban) came into power in Afghanistan. The Afghan interim government must realise that the two neighbours were independent countries, he added. The caretaker prime minister said Pakistan had every right to fix the affairs within the country. Islamabad had been trying to make the world community pay attention to the issue, he said, adding that a United Na-

tions report too had mentioned the role of Afghanistan-based terrorists in the terrorism acts in Pakistan. Replying to several questions related to the deportation of illegal Afghan nationals and the reaction of nationalists parties in Pakistan, the caretaker prime minister said some people were taking refuge in the illegal foreigners and Pakhtun nationalism. Unregulated cross-border movement should never be allowed, Kakar stated. He rejected the attempt to create an impression that Pakhtuns were being targeted while mentioning that he himself was a Pakhtun. “Targeting Pakhtuns is simply unacceptable,” Kakar told reporters. Some people used to describe Afghanistan as Pakistan’s fifth province, he recalled and again made it clear that illegal foreigners would never be allowed to live in the country while also ruling out the possibility of any policy change.

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US clarifies ‘no equipment left behind’ during Afghanistan pullout WASHINGTON

Staff RepoRt

Expressing condolences on the recent wave of terror attacks in Pakistan, including the Mianwali air base assault, the US State Department has affirmed that “no equipment was left behind by American forces during the Afghanistan withdrawal” that could be utilised by terrorists to target Pakistan. The US State Department’s principal deputy spokesperson, Vedant Patel, made this statement during a press briefing on Tuesday, in response to a query regarding reports that Pakistani security forces had allegedly recovered US-made weapons from terrorists after the recent airbase attack. Nine terrorists were killed in a clearance operation after terrorists infiltrated the Mianwali Training Air Base of the Pakistan Air Force in the early hours of Saturday. According to reports, terrorists scaled the eight-foot high boundary wall of the PAF base after cutting the barbed wire and attacked some grounded aircraft besides damaging an oil bowser. The Inter-Services Public Relations had said the attack on the air base had been foiled, with three terrorists “neutralised” and three others “cornered/isolated”. In a later update, ISPR had said that no damage had been done to any of the PAF’s functional operational assets, while only some damage was done to three already phasedout non-operational aircraft during the attack.

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