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CJP ISA reSPOndS tO ImrAn KhAn’S letter On level-PlAyIng fIeld

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Sunday, 3 December, 2023 I 18 Jamada Al-Awal, 1445

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SC’S STATEMENT SAYS CJP ‘FULLY COGNISANT’ OF CONSTITUTIONAL DUTIES AND WILL NEITHER BE PRESSURISED NOR FAVOUR ANYONE

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ISLAMABAD

CONFIRMS AN UNDATED 84-PAGE LETTER WAS RECEIVED ON DECEMBER 1

STAFF REPORT

HIEF Justice Qazi Faez Isa on Saturday responded to Pakistan Tehreek-e-Insaf (PTI) supremo Imran Khan’s letter seeking a level playing field for his party ahead of the February 8, 2024, general elections.

Dr Muhammad Mushtaq Ahmad, top judge’s secretary, stated Saturday in a letter that CJP Isa is fully cognisant of his constitutional duties and will neither be pressurised nor favour anyone.

Imran had urged the chief justice to take notice of “discrimination” against PTI, citing arrests and registrations of cases against the party leaders.

“CJP Isa will neither be pressurised nor favour anyone, and by the grace of the Almighty shall continue to fulfil his duties and abide by the oath of his office,” read the statement issued by the top court.

Referring to the PTI supremo’s letter, the statement said an undated sevenpage application was received on December 1 at 12:25pm.

“The document comprises of a typed

application, tabulated tables and photocopies, altogether 84 pages, bound in a yellow paper-book, the kind used for filings in the Supreme Court; the identity and contact details of the advocate who prepared the document does not appear in the document. As per the envelope, the document was couriered by Intazar Hussian Panjutha (Adv)”.

It further said that misgivings also

Rs 15.00 | Vol XIV No 154 I 8 Pages I Lahore Edition

arise when the political party on whose behalf the document has ostensibly been sent is well represented by advocates.

“Only recently its advocates conducted two significant cases in the Supreme Court, on the military courts and on the elections.”

Surprisingly, the letter added, that before receiving the document (in a sealed envelope), it had already been dis-

tributed to the media.

On Thursday, Imran, who has been replaced by Barrister Gohar Khan as the party’s chairman, had called on the top judge to direct the federal and provincial governments as well as the Election Commission of Pakistan (ECP) to allow PTI, like all other political parties, to hold political meetings and gatherings without “discrimination”.

The deposed prime minister, who was removed from power via a no-trust motion in April last year, stated in the letter that the PTI leaders and activists were being targeted through the registration of multiple and successive criminal cases to keep them behind bars. He termed this a “tactic of abuse and oppression”, which he said is being used all over the country.

“Those bailed out by the courts in one or more cases are immediately booked in further case that purport to pertain to events several months in the past. Often several FIRs are registered against persons affiliated with the PTI with respect to the same event. The same persons are also implicated in successive FIRs with respect to different and unrelated events all across the country,” the letter read.

US not to permit forced relocation of Palestinians from Gaza, West Bank: Kamala Haris WASHINGTON AGENCIES

Cognizant of challenges, Army prepared to thwart enemies’ designs: COAS RAWALPINDI

STAFF REPORT

General Syed Asim Munir, NI (M), Chief of Army Staff (COAS) visited troops at Khairpur Tamewali (KPT) to witness Field Exercise of Bahawalpur Corps, the military media wing said on Saturday.

According to the ISPR statement, the COAS witnessed integrated fire and battle maneuvers of various elements, including Armour, Mechanized Infantry, Artillery, Air Defense, Anti-Tank Guided Missiles (ATGMs) duly supported by Pakistan Air Force (PAF) and Combat Aviation.

The COAS was briefed about Field Exercise, aimed at enhancing professional skills at various tiers and battlefield procedures required to meet future challenges in operational environment. Later, COAS interacted with troops participating in the exercise.

The COAS appreciated the training standards, operational preparedness and high morale of officers and troops. COAS directed troops to keep serving the nation with traditional zeal and passion under all circumstances.

“We are cognizant of the challenges and with the support of the nation we are prepared to thwart any nefarious designs of the enemies of Pakistan”, COAS emphasized.

“Pakistan Army is fully prepared to defend territorial integrity and sovereignty of Pakistan against all odds. Pakistan Armed Forces are focused on defending the frontiers of motherland against full spectrum of threat and with the support of the nation, Armed Forces will defeat the enemies of Pakistan, Insha Allah,” COAS concluded.

Earlier on arrival, COAS was received by Commander Bahawalpur Corps.

US Vice President Kamala Harris has told Egyptian President Abdel Fattah al-Sisi that “under no circumstance, the United States will permit the forced relocation of Palestinians from Gaza or the West Bank”, Reuters reports.

According to a White House statement on the meeting on the sidelines of the COP28 Conference in Dubai, Harris discussed with Sisi efforts for reconstruction, security, and governance in Gaza, stating that they “can only succeed if they are pursued in the context of a clear political horizon for the Palestinian people towards a state of their own led by a revitalised Palestinian Authority”.

Israeli air strikes killed two Iranian Islamic Revolutionary Guard Corps (IRGC) officers and two pro-Hezbollah fighters when they hit sites belonging to the Lebanese group near Damascus, a war monitor has said, AFP reports.

“Two Syrian fighters working with Hezbollah and two IRGC officers were killed in Israeli air strikes on Hezbollah sites near Sayyida Zeinab” south of Damascus, said Rami Abdel Rahman of the Syrian Observatory for Human Rights.

“The two IRGC officers were the target of the Israelis.

They struck immediately after the pair went into the Hezbollah site,” said the head of the Britainbased monitor, which has a network of sources inside Syria.

The two officers died from their injuries, he said, adding

that five other fighters were wounded.

Israel pulls back negotiating team from Qatar citing ‘impasse’ Israel has ordered its Mossad negotiating team in Doha to return to Israel due to what it called an “impasse”, Al Jazeera reports.

“Following the impasse in the negotiations and at the direction of Prime Minister Benjamin Netanyahu, David Barnea, head of the Mossad, ordered his team in Doha to return to Israel,” Netanyahu’s office has said in a statement.

It said that Hamas “did not fulfil its part of the agreement, which included the release of all children and women according to a list that was forwarded to Hamas and approved by it”.

“The head of the Mossad thanks the head of the Central Intelligence Agency, the Egyptian minister of intelligence and the prime minister of Qatar for their partnership in the tremendous mediation efforts that led

to the release of 84 children and women from the Gaza Strip in addition to 24 foreign citizens,” it added.

France’s Macron calls for greater efforts towards Gaza ceasefire French President Emmanuel Macron has appealed for intensified efforts to reach a lasting ceasefire in Gaza, a day after deadly fighting resumed between Israel and Hamas after a truce expired, AFP reports.

“This situation requires stepped-up efforts to reach a lasting ceasefire,” to free all hostages held by Hamas, allow more urgently needed aid into Gaza and assure Israel of its security, he told a news conference on the sidelines of the UN’s COP28 climate talks in Dubai.

Death toll in Gaza rises to 15,207: health ministry Gaza’s health ministry has announced that the number of Palestinians killed by Israeli attacks in the besieged enclave has risen to 15,207, Al Jazeera reports.

As elected unopposed chief, gohar urges SC to give PtI its rights back ISLAMABAD

STAFF REPORT

Newly elected PTI Chairman Gohar Ali Khan has urged the Supreme Court to get the party’s rights back.

Talking to the media after being elected the party chief on Saturday morning, the lawyer also requested the chief justice of Pakistan not to return his official vehicles.

He further said that the people’s voices should be heard, adding that this time they would be. He added that he would fulfil his responsibilities as the successor of the PTI founder.

Since 1960, no election has been scrutinised as much as the PTI’s, Khan maintained.

He also reminded everyone that the Supreme Court had ordered to investigate the foreign funding of all political parties, while only the PTI’s were probed.

Unopposed election as new PTI chairman Earlier, the PTI on Saturday elected Barrister Gohar Ali Khan as the new chairman in the intra-party elections held on the directives of the Election Commission of Pakistan (ECP). Gohar won the chairman’s position unopposed.

Barrister Gohar, who was nominated by ex-PTI chief Imran Khan for the top slot a couple of days ago, submitted his nomination papers for the office of the party’s chairman.

Omer Ayub Khan was elected as the party secretarygeneral — also unopposed. Provincially, Munir Ahmed Baloch was elected as the party president of Balochistan; Haleem Adil Sheikh of Sindh; Ali Amin Gandapur of Khyber Pakhtunkhwa and Dr Yasmin Rashid as the party’s Punjab president.

2012 intra-party elections were transparent Reacting to Barrister Gohar’s election as the PTI chairman, former party leader Pervaiz Khattak said the 2012 intra-party elections were correct as opposed to the ones just conducted. He also questioned the poll, saying there were no voters and no one was given an opportunity to contest. He called the election an eyewash.

“If such dictation continues, how will there be democracy?” he questioned.

Khattak further claimed that previously, sham elections were also held on fake documents and asked the election commission to take action against the PTI’s intra-party poll.

Akbar S Babar rejects Gohar’s election Akbar S. Babar, one of the founding members of PTI, had rejected the nomination of Barrister Gohar Ali Khan as a candidate for the party chairman’s slot, calling it “selection instead of an election”.

In a press statement, Babar, who had filed the foreign funding case against the PTI, said the nomination of the new PTI chairman had raised serious questions about the transparency and credibility of the entire PTI intraparty election process.

He said that a party that champions transparency and a level playing field in the national elections was shying away from allowing its workers a level playing field to elect its leadership without interference and manipulation. He said he would challenge the decision of the intra-party election, and also asked the Supreme Court to take notice.

He denied the PTI chief election commissioner’s claims that he didn’t appear to file his nomination, saying he went to the PTI central secretariat in Islamabad himself with his associates. He said that when he asked the party representatives for nomination papers and voters list, they said they didn’t exist and that the whole exercise was mere formality to please the election commission.

Meanwhile, PTI Election Commissioner Niazullah Niazi has said that a notification for the rest of the officebearers would be issued on Sunday. He further said the PTI president will also be elected as per the Constitution.

He added that incumbent president, Pervaiz Elahi, was still part of a panel and had not been excluded from the poll. He also said that the party respected the institutions.

Visit to PTI Central Secretariat Meanwhile, newly-elected Chairman Pakistan Tehreeke-Insaf (PTI) Barrister Gohar Ali Khan visited the party’s Central Secretariat here on Saturday.

Goods exports reach $2.57b in November, marking third consecutive monthly increase

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NOTABLY, IMPORTS SAW SIGNIFICANT DROP OF 31PC IN FY-2023, TOTALING $55.29B COMPARED TO $80.13B IN FY-2022 PROFIT

NEWS DESK

Merchandise exports sustained their upward trajectory for the third consecutive month in November, suggesting a potential turning point in the economic landscape.

According to official data, export proceeds totaled $2.57 billion, reflecting a 7.66 percent increase compared to the same month last year, which saw $2.38 billion. However, there was a 4.39 percent month-on-month decrease in export proceeds.

In the first five months of Fiscal Year 2024, goods exports rose by 1.93 percent, reaching $12.17 billion compared to $11.94 billion in the corresponding period of the previous year.

The November surge in export proceeds implies a positive trend for the textile and clothing sectors, hinting at a

rebound from a year-long downturn. The full extent of this export resurgence is expected to unfold in the coming months.

Preliminary reports indicate that the overall increase in export value was primarily driven by semi-finished goods in the textile sector, while exports of valueadded garments remained negative. Additionally, in the non-textile sector, unprecedented increases in export earnings were observed for food goods, particularly rice and beef.

Despite the positive export trends, challenges persist in the textile industry.

Over 1,600 textile units reportedly closed down during the previous government’s tenure. The current ministry has yet to announce a strategic framework to address issues such as regional competitive energy pricing, working capital support, speedy refund payments, enhanced market access, and product diversification.

On the import front, there was a notable decline of 13.47 percent in November, amounting to $4.46 billion compared to $5.15 billion in the same month last year.

However, on a month-on-month basis, imports increased by 8.31 percent. The import bill for July-November FY24 fell by 17.32 percent to $21.55 billion, down from $26.06 billion in the corresponding period of the previous year.

Notably, imports witnessed a significant drop of 31 percent in Fiscal Year 2023, totaling $55.29 billion compared to $80.13 billion in Fiscal Year 2022. The government has projected an import target of $58.69 billion for Fiscal Year 2024, representing an increase of $3.4 billion or 8.14 percent from the previous fiscal year.

The trade deficit has shown improvement, narrowing by 33.59 percent to $9.37 billion in July-November FY24 from

$14.12 billion during the same months the previous year.

In November alone, the trade deficit

contracted by 31.72 percent, amounting to $1.88 billion compared to $2.76 billion in the corresponding month last year.

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Sunday, 3 December, 2023 | LAHORE

FIA SUBMITS PROBE REPORT IN ISLAMABAD COURT ON ‘CORRUPTION’ BY IESCO OFFICIALS

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NEWS

ISLAMABAD

ahmad ahmadani

EDERAL Investigation Agency (FIA) has submitted a report/comments in the Session Court of Islamabad regarding an ongoing enquiry against officials of Islamabad Electric Supply Company (IESCO) for allegedly involved in the corruption and misuse of authority.

Shockingly, despite passing more than one years to the submission of a complaint of Syed Manzoor Hussain Shah Kazmi, chairman Anti-Corruption Cell, Labour Unity of Islamabad Electric Supply Company (CBA) regarding corruption and misuse of authority done by the officials of Islamabad Electric Supply Company (IESCO) in a repair of an approach road in Rajjar area of Jhelum and construction of a boundary wall of a grid station in the federal capital with DG FIA, the FIA AntiCorruption Circle, Islamabad has so far not completed the enquiry.

Even the FIA ACC failed to collect concerned complete record from the concerned department of IESCO. And, FIA ACC Islamabad has now submitted its initial findings, progress/report of the on-going

AC reserves ruling as NAB clears way for Ahad Cheema’s acquittal

enquiry against the officials of IESCO for alleged corruption and misuse of authority.

Quoting FIA report/comments, sources said that the petitioner, Syed Manzoor Hussain who is a former employ of IESCO, had earlier field a complaint with the allegation of misuse of power, misappropriation of public funds by IESCO officers in bogus /managed tendering process for Tender No. NCB 14 dated 18th August 2022 for special repair of an approach road at Rajjar Grid Station situated at Rajjar, Jhelum.

Syed Manzoor Shah, in its application, further alleged that construction of a retaining wall (of Grid Station) at Sector I10, Islamabad by using low quality material that resulted in cracks in building. Executive Engineer started dismantling wall without any authority and started making new wall without tendering process under emergency rule 2(g) of PPRA and thus officials of IESCO has caused huge loss to public exchequer for their personal gains.

As per FIA report/comments, the complaint of Syed Manzoor Hussain Shah dated 22-06-202 was initially merged clubbed in enquiry No. 326/2020 which was already under probe at FIA/ACC Islamabad against IESCO officials on complaint of a

LAHORE

Staff RepoRt

An Accountability Court (AC) in Lahore on Saturday reserved its judgement on a plea filed Advisor to Prime Minister Ahad Cheema seeking acquittal in assets beyond means reference.

Accountability court judge Malik Ali Awan reserved the ruling which will be announced on December 8. Advisor to prime minister Cheema appeared before court in assets beyond means case. Advocate Waris Ali Janjua advanced arguments on behalf of National Accountability Bureau (NAB). Earlier, the NAB submitted a report in the court clearing way for his acquittal in the reference relating to assets beyond income.

The report submitted on Saturday said that the Bureau has no objection to Ahad Cheema’s acquittal because all the assets correspond to income of Ahad Cheema. Later, the court reserved its verdict after hearing arguments which will be announced on December 8. The NAB Lahore had filed reference against Cheema for amassing assets beyond known sources of income while the advisor had filed an appeal seeking his acquittal in the case.

different complainant based on different allegations. On 16-02-2023, Enquiry Officer of the Enquiry No. 326/2022 put s note on file with stating that “Whereas this instant complaint is related to a separate and distinct matter pertaining to misappropriation by IESCO officials in civil works carried out by IESCO in various Grid Stations. Furthermore, complaint is lodged by a different complainant i-e Syed Manzoor Hussain Shah. His earlier applications on the same matter was erroneously merged in RE 326/2020. It is thus requested that a separate enquiry may kindly be registered for allegation levelled in this instant complaint.” Resultantly on these recommendations of the enquiry officer, a separate enquiry was registered in PS FIA/ACC ISB with the enquiry No. 41/2023 on 27-02-2023 and the same was entrusted to Rizwan Mehdi, Assistant Director/EO. Following steps have been taken during enquiry proceedings: Complainant was called and his statement was recorded. Letters were issued to concerned department i-e IESCO for provision of record. Partial record has been received from concerned department and they have sought time for provision of remaining record. Notices were issued under

section 160 Cr.P.C to alleged person and their statements were recorded.

A letter has been written to DG PAK PWD for nomination of focal person for technical assistance in the matter.

In the light of above-mentioned facts/circumstances, it is submitted that enquiry is in progress and same will be concluded on merit in due course of time after receipt of complete record and subsequent technical inspection by PWD expert, said FIA report/comments.

In view of the above-mentioned facts, it is respectfully prayed that the instant writ petition may graciously be dismissed being devoid of any merit, FIA report/comments added. On 28the August, 2022, Syed Manzoor Shah filed a complaint with DG FIA, Islamabad against corruption, misuse of authority allegedly done by the officials of Islamabad Electric Supply Company (IESCO) in repair of an approach road in Rajjar area of Jhelum and construction of a boundary wall of a grid station in the federal capital.

According to sources, officials of IESCO are allegedly involved in bogus tendering process, corruption and misuse of authority in the repair to approach Road Rajjar and also in the construction of a boundary wall of I-10 Grid Station in the

Cement despatches decline by 2.12% in November on YoY basis g

Annual domestic sale takes a hit while export surges ISLAMABAD

Ghulam abbaS

Despite a net decrease in fuel prices, cement despatches experienced a 2.12% decline in November 2023, with total despatches amounting to 3.924 million tons, down from 4.009 million tons in the same month of the last fiscal year.

According to data from the All Pakistan Cement Manufacturers Association, local cement despatches in November 2023 were 3.262 million tons, reflecting a 15.53% decrease compared to November 2022. On the other hand, exports surged by an impressive 348.29%, reaching 662,374 tons from 147,757 tons in November 2022.

In November 2023, North-based cement mills shipped 2.867 million tons, marking a 12.24% decline from November 2022, while South-based mills dispatched 1.057 million tons, a substantial 42.44% increase

compared to the previous year.

Domestically, North-based mills sent out 2.723 million tons in November 2023, reflecting a 13.91% decline, while South-based mills dispatched 538,668 tons, showing a 22.85% reduction compared to November 2022. Meanwhile, exports from North-based mills increased by 38.64%, and South-based mills experienced a staggering 1080% surge in exports.

For the first five months of the current fiscal year, total cement despatches, including domestic and exports, reached 19.816 million tons, indicating a 10.81% increase over the same period last fiscal year. Domestic despatches during this period increased by 2.04%, and exports rose by an impressive 104.60%.

North-based mills dispatched 13.836 million tons domestically during the first five months, a 2% increase compared to the same period

last year. Exports from North increased by 32.76%, contributing to a total increase of 3.14% in despatches.

South-based mills domestically dispatched 2.851 million tons during July-November 2023, showing a 2.26% increase over the same period last fiscal year. Exports from the South increased by 142.01%, resulting in a total despatch increase of 39.30%.

A spokesperson from the All Pakistan Cement Manufacturers Association expressed concern about the unilateral implementation of the axle load regime, effective from November 1, 2023. These regulations were introduced back in 2000, however the government has struggled to implement them over the years. Experts claim that these regulations mitigate the risk of highway accidents and deterioration.

The Association suggests a phased implementation over the next two to three years to mitigate potential inflationary pressures and a shortage of trucks, which could disrupt market supply and impact exports.

federal capital. And, Federal Investigation Agency (FIA) has been requested to investigate and take action against the officials of IESCO who are allegedly involved in bogus tendering process, corruption and misuse of authority. The FIA, however, has so far kept a mum in this regard and despite lapse of “quite some time” yet to initiate an inquiry (326/2020) into the matter.

The sources said that a new approach road was earlier constructed for Rajjar grid station in Jhelum District under the supervision of Executive Engineer Civil (IESCO) through a tendering process.

However, Executive Engineer Civil (IESCO) had refloated road maintenance tender of the same approach road of Rajjar grid station a few months ago though the security maintenance period of this road was for one year while there was no need for road construction or repair until 2025 i-e three years as per IESCO rule/plan.

Moreover, as per IESCO tender advertisement rule no tender is issued to a firm /contractor whose any civil work is pending from the previous year works tenders in the same division. But the tender winning company had several pending works of the previous year on its part.

Surprisingly, the newly constructed approach road of Rajjar grid station does not need any maintenance as it is currently available in good condition and anyone can visit the road site to know the actual condition of this approach road, sources added.

Abbasi urges Nawaz to do away with perception of him being ‘favourite’ ISLAMABAD

Staff RepoRt

Former prime minister Shahid Khaqan Abbasi on Saturday said the perception that PML-N supremo Nawaz Sharif should do away with the perception that he is a ladla (favourite). In an interview, Abbasi said that the perception and PML-N being considered the ‘favoured party’ is making elections contentious. He emphasized the need for the military, judiciary, and politicians to chart a clear course before elections, otherwise the country will not achieve stability. The former premier maintained that postponing elections would not be in the country’s interest. Referring to PTI chief Imran Khan, Abbasi cautioned against any forced disqualification based on unfounded accusations, stating that such a decision would be rejected by both the people and history. Critiquing the PML-N, Abbasi remarked that the party has strayed from the narrative of respecting the vote, now engaging in power politics that he believes will exacerbate the country’s challenges. According to him, no single party or coalition government can singularly address the country’s issues, predicting that the next government will likely be a coalition due to the inability of any party to secure a simple majority in the general elections.

PM Kakar demands execution of $100b commitments for climate change finance DUBAI

Staff RepoRt

Caretaker Prime Minister (PM) Anwaarul Haq Kakar on Saturday called for immediate execution of the US$100 billion commitments for climate finance to ensure implementation of climate change actions by developing countries and mitigate the climate change impacts.

“Such finance should not be at the cost of development finance nor add to the already high debt burden of the developing countries,” the prime minister said while delivering National Statement at the 28th Conference of Parties of the United Nations (COP28) here. He also called upon the developed countries to take the lead in raising global mitigation ambition

commensurate with their economic standing and historical responsibility. and then help developing countries do the same.

“We need to achieve global resilience through delivering an ambitious outcome in the form of a framework for global goal on adaptation with clear targets and indicators including regular monitoring of progress,” he said adding that at least half of climate finance must be allocated to adaptation.

The prime minister said the expectations from COP28 were high but not unrealistic hoping that this COP would deliver with action not just words.

PM Kakar laid emphasis on providing adequate means of implementation including climate finance, capacity-building and technology, to developing countries to tackle this growing challenge.

Chairman SECP warns against deceptive Apps: Calls for public vigilance g

A thriving capital market helps in driving economic growth: Chairman SECP ISLAMABAD

Ghulam abbaS

In a keynote address at the Mercentile Expo, Akif Saeed, Chairman of the Securities and Exchange Commission of Pakistan (SECP), emphasized the dangers posed by deceptive investment apps on social media. Saeed urged the public to verify platforms through SECP-regulated websites and stay vigilant against illicit schemes.

Chairman Saeed lauded the legitimacy of the Mercentile Exchange as a secure investment platform, advocating for awareness campaigns to foster its growth. He stressed the importance of caution in digital investments, proposing innovative platforms for the youth and envisioning a promising future for capital ventures.

The Investment Expo, organized by Mercentile Exchange in collaboration with SECP here on Saturday, showcased seminars on stocks, commodities, and mutual funds, emphasizing awareness through informative sessions.

Exhibition stalls provided insights into diverse investment avenues,

including stock brokers, commodity brokers, mutual fund insurance, Takaful companies, and microfinance institutions.

Chairman Saeed expressed concerns about fraudulent schemes on social media, urging investors to exercise caution.

Despite challenges, he underscored technology’s role in unveiling new opportunities within the financial sector.

The Pakistan Mercantile Exchange (PMEX) organized the InvestExpo, featuring leading entities in the financial sector. The inaugural expo in Islamabad aimed to encourage safe investment alternatives and raise financial knowledge.

Chairman PMEX Abdul Qadir Memon expressed gratitude for the expo, showcasing the dynamism and resilience of financial markets.

The event celebrated the empowerment of investors, emphasizing the critical importance of investor awareness for a robust financial ecosystem.

The expo, beyond direct beneficiaries, also aims to ensure every individual and entity involved in financial markets is

equipped with knowledge for informed decisions. It attempts to bridge the information gap, making financial products and services more accessible and contributing to an inclusive financial landscape.

A thriving capital market, according to Chairman Saeed, provides necessary capital for businesses to expand, innovate, and create employment opportunities, driving economic growth. A vibrant capital market enables wealth creation and preservation, allowing investors to diversify portfolios and participate in longterm growth.

The SECP is committed to maintaining a fair and transparent marketplace, ensuring investor rights and interests which are protected through regulatory safeguards. Trust is essential, and ethical conduct is encouraged and expected from all participants, fostering an environment of integrity.

Financial literacy, highlighted through the SECP’s Jamapunji initiative, acts as a shield against malpractice, aiming to empower individuals with knowledge for sound financial decisions.

CTD LASSOES 14 ‘TERRORISTS’ LINKED TO BANNED OUTFITS IN PUNJAB-WIDE IBOS Sunday, 3 December, 2023 | LAHORE

NEWS

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LAHORE

Staff RepoRt

HE Punjab Counter-Terrorism Department (CTD) on Saturday claimed to have arrested 14 suspected terrorists having link with banned outfits. The arrests were made during intelligence-based operations (IBOs) carried out in different cities of the province.

In a statement issued on Saturday, the CTD said it conducted 147 intelligencebased operations in Sahiwal, Lahore,

Gujrat, Gujrawala, Faisalabad and “foiled a major terror plot”. It said that 147 suspects were interrogated and 14 alleged terrorists were arrested during the IBOs. According to the CTD, the alleged terrorists belonged to banned organisations – Tehreek-i-Taliban Pakistan and Jamaatul Ahrar.

The statement further said that hand grenades, improvised explosive devices, detonators, primer cords and pamphlets of banned organisations were recovered from possession of the

suspected terrorists.

The police have registered cases against them and shifted them to an “unknown location”, it added.

This week, 588 combing operations were conducted in various parts of the province, resulting in the arrest of 79 suspects, the statement added.

Earlier to this, the Counter-Terrorism Department (CTD) claimed to have arrested seven terrorists, including a commander of banned Tehreek-e-Taliban Pakistan (TTP), in intelligence-based operations (IBOs) across Punjab.

Dacoits in police uniform ‘sweep’ multiple houses in Karachi KARACHI

Staff RepoRt

Another robbery incident was reported from Karachi, where the culprits in ‘police uniform’ looted multiple houses in Gulshan-e-Maymar area, on Saturday.

According to the statement of a victim family, the robbers dressed as Sindh police officers along with plainclothesmen entered the house and took away all the valuables including gold, jewelry, cellphones, and cash.

After ransacking one residence, the robbers in police uniform targeted another house and made off with CCTV footage and valuables.

After the incident was reported, the crime scene unit of the Karachi Police, and Rangers’ officials reached the scene to further investigate the incident.

Last month, Karachi police arrested two accused criminals from Surjani Town, who reportedly robbed people in

the guise of police officials in the metropolis.

As per Senior Superintendent of Police (SSP) Mehroz Ali’s statement, the arrested individuals allegedly belonged to a six-member robber gang, that robbed the people in the guise of police officers late at night. During the investigation, the arrested individuals, identified as Arbaz and Junaid, confessed to being involved in robbing several houses in the metropolis. The accused used to enter the houses at 4 am late in the night, tied up the family members, and left after looting the valuables from the house.

During the raid the police arrested the two suspects, leading to the recovery of a pistol, mobile phone, jewelry, stolen LCD, DVR, cash, and other valuables from their possession.

SSP further stated that a total of nine cases have been registered against the arrested criminals in Surjani town police station.

ISLAMABAD

KARACHI

Staff RepoRt

LAHORE

Staff RepoRt

The Anti-Terrorism Court (ATC) on Saturday approved the bail of Tehreek-e-Insaf (PTI) activist Sanam Javed in a police attack case outside Zaman Park. According to the details, the ATC approved the bail plea of PTI activist Sanam Javed and directed her to submit a bail bond of Rs 200,000. Sanam Javed’s lawyer in the court stated that after getting bail in one case, the police arrested Sanam Javed in another case. The lawyer requested the court to grant bail to Sanam Javed. It is pertinent to mention here that the PTI activist was arrested in a race-course police station case.

The retake of the National Medical and Dental College Admission Test (MDCAT) examination became controversial after the question paper leaked on social media. Sindh caretaker Health Minister Saad Khalid, however, dismissed the reports regarding leakage of MDCAT retake question paper. Meanwhile, reports confirmed that the paper was leaked on social media just 12 hours before the retake.

However, a female student participated in the recent

MDCAT exam experienced a challenge as she was initially marked as failed on the test portal, despite receiving an email from the relevant authorities, confirming her success in the exam.

Earlier, Health Minister Saad Khalid had confirmed findings of an investigation committee, which unequivocally established that the MDCAT 2023 paper was indeed leaked. “We have decided to reconduct the examination after seeing the report,” he added.

The minister informed that he has recommended to handover the responsibility for overseeing the inquiry to the Federal Investigation Agency (FIA).

PML-N body opposes electoral alliance with PML-Q LAHORE

Staff RepoRt

PML-N ticket committee has suggested seat adjustment instead of an alliance with the PML-Q in upcoming general election, sources said on Saturday.

“The party committee has advised the leadership for adjustment on some seats with the PML-Q,” party sources said. The report has been prepared after preliminary interviews of the PML-N tickets aspirants.

The ticket committee has suggested adjustment on one or two seats with Chaudhry Shujaat led PML-Q. Sources said that the seat adjustment with Chaudhry Wajahat and Hussain Elahi has also been opposed.

“National Assembly seat of Gujrat city with Salik Hussain can be adjusted,” according to sources.

The committee has recommended allotment of the PML-N ticket to Nawabzada Ghazanfar Gul in Chaudhry Wajahat’s constituency. The party body has also backed PML-N’s Haji Nasir on the MPA seat instead of Shafay Hussain.

According to sources, PML-Q’s Tariq Bashir Cheema also aspires seat adjustment with the PMLN from Bahawalpur. Sources said that PTI’s Pervaiz Elahi or a family member will contest election against Salik Hussain. PML-N supremo Nawaz Sharif will take final decision over the party’s alliance or seat adjustment with the PML-Q. It is to be mentioned here that the first session of the PMLN parliamentary board co-chaired by Nawaz Sharif and Shehbaz Sharif has been underway at the party’s central secretariat in Lahore.

Bilawal urges Nawaz to shun looking for support of ‘administration’ QUETTA

Staff RepoRt

PPP Chairman Bilawal Bhutto Zardari on Saturday urged PML-N supremo Mian Nawaz Sharif to contest the upcoming general elections on the strength of his own ideology and mandate and shun the support of the “administration”.

Last month, the Election Commission of Pakistan (ECP) and President Arif Alvi had agreed on February 8, 2024 as the date for polls.

In the run-up to polls, the rivalry between the Nawaz-led PML-N and the PPP resurfaced after the latter alleged that the former has a secret alliance with the current caretaker setup.

Bilawal again targeted Nawaz during a press conference in Quetta today, saying: “We want to work together with everyone but side-by-side I am in an election campaign. I will not run my election campaign by saying ‘Imran Khan or Nawaz Sharif for prime minister,’ … I have ideological differences, they and I have our separate history and I will follow my ideology and manifesto during the election.

“It is my demand from Mian sahib, too. that he should contest the elections on [the strength and basis] of his

ideology and mandate instead of the administration.”

He urged Nawaz to ensure that the ballot was accorded its due respect instead of “getting it insulted” as it would be better for “him, me and the country”.

Without naming anyone, he also criticised the establishment, saying: “It is not possible that the entire Pakistan is told in 2018 that ‘Khan is your messiah and you have to only support him because the rest are bad.’ Then in 2023, someone else arrives and [the narrative changes to] ‘he is the angel while the rest are bad.’” Bilawal warned that if the PML-N were to come to power, it would continue pursuing “politics of revenge

China gifts 25 lightning detectors to Pakistan Staff RepoRt

Controversy erupts over Sindh MDCAT 2023 retake

Sanam Javed gets bail in race-course police station attack case

03

and their vested interests”.

He also pointed out how the PML-N had made its stance clear against the 18th amendment and wanted it rolled back, terming any such plans a “dangerous idea”. “You haven’t even implemented the 18th amendment properly and now you’ve termed it bad and want to finish it,” the PPP chief deplored.

Bilawal said some people were mistaken to assume that they could manipulate the “wind of change’s direction by coming [back] like a king” with people lining up to appease them and that would be enough to be successful in the elections.

“There is a lot of effort being done by Raiwind to create some sort of wind in

Sindh but they are unable to. It’s not happening,” Bilawal said.

“The people who can’t even return to their home, who are being welcomed in Lahore for the first time in history with tomatoes and eggs instead of garlands are not worried about the people of Sindh and Balochistan. They care about their home more.”

Bilawal said he wanted to bring a change to the status quo by pursuing consensus-based politics instead of confrontational politics where all decisions were taken and implemented with the consensus of all political parties and institutions.

He also highlighted that the PPP was the only political party that never asked for a “special field” but instead demanded a level playing field for everyone.

Bilawal’s remarks an attempt to woo voters in Punjab: Sanaullah PML-N leader Rana Sanaullah addressed Bilawal’s criticism of his party chief, calling his remarks an attempt to woo the voters in Punjab.

“The PPP is looking to attract the vote of those opposed to the PML-N in Punjab,” he said while talking to the media in Lahore alongside fellow party leader Ahsan Iqbal.

China has supplied Pakistan with 25 weather detectors valued at $1 million to establish a very low frequency (VLF/VF) lightning network. The primary aim is to enhance the lightning warning capabilities of the Pakistan Meteorological Department (PMD) and mitigate the impact of lightning-related disasters on both lives and properties. Zahid Rafi, Director of the Seismology Division at PMD told Gwadar Pro that these detectors are deployable across various regions in Pakistan where lightning poses a threat to life and property. “This contribution from China is a valuable gift that Pakistan will be utilizing for the first time. The collaboration underscores the importance of Sino-Pak partnership in bolstering preparedness and response capabilities,” he added.

Regarding the detectors, an MoU was signed between PMD and the Institute of Electrical Engineering of the Chinese Academy of Sciences (IEECAS) in September 2023 in Beijing.Sahibzad Khan, Director General PMD while leading a fourmember delegation held a detailed discussion with Dr. Yaohua Li, Director, IEECAS-led delegation to initiate and promote the establishment of a VLF/LF lightening detection network in Pakistan to improve the lightning warning capability of PMD and to reduce the casualties and property losses caused by lightning disasters.“This is the first phase of the implementation of the MoU,” said Zahid Rafi.

Asad Qaiser gets bail in May 9 case MARDAN

Staff RepoRt

A district and sessions court in Mardan on Saturday granted bail to former National Assembly speaker Pakistan Tehreek-e-Insaf (PTI) leader Asad Qaiser in May 9 case. Mardan District and Sessions Courts Judge Mohammad Zaib granted bail to Asad Qaiser against surety bonds worth Rs100,000. Pakistan Tehreek-e-Insaf (PTI) leader Asad Qaiser was re-arrested by Charsadda police on November 24. Police arrested former Speaker of the National Assembly Asad in a vandalism case and took him to Charsadda under strict security measures. Earlier, an anti-corruption court in Abbottabad granted bail to Pakistan Tehreek-e-Insaf (PTI) leader Asad Qaiser in a corruption case. Qaiser, who is accused of corruption in the procurement of equipment for Gajju Khan Medical College, was arrested from Bani Gala, Islamabad, on Nov 3. The ACE booked Mr Qaiser over his alleged corruption in the purchase of medical equipment for Swabi’s Gajju Khan Medical College.

04 COMMENT

The Global Security Initiative unfurled

Sunday, 3 December, 2023

PTI intra-party polls

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Results show Imran as in-charge of the party, but the party is in bad shape

Expectations and Implications for the World

HE Pakistan Tehrik Insaf has held intra-party polls as commanded by the Election Commission of Pakistan, and thus has retained the right to remain registered, and thus the right to distribute the party symbol, the bat. To those it selects as candidates.The polls did see the Chairman replaced, as Imran Khan no longer retains that position, which he has held since the party was founded in 1996. Instead, Barrister Gohar Ali Khan has been elected, and thus there is one free person available who can issue tickets. The other authorized official, Secretary General Umar Ayub Khan, was re-elected, having managed to file his nomination papers for unopposed election even though he is still avoiding arrest. Even if he is not taken into custody by the time tickets have to be issued, getting him to sign the requisite letter to the Returning Officer would be a logistical nightmare. At least there is someone who can sign tickets in time.

This does not have impacted the provincial presidents, for all four were elected unopposed, and all are presently behind bars for involvement in the May 9 incidents. That is another weakness of the party, and not just because the PTI will be deprived of their input while determining the best candidates, The PTI lost a large number of officebearers because of the Ma9 attacks, while even more had to go underground. Apart from the loss of their organizing abilities, the party may also find itself deprived of them as candidates. The party has found itself turning to lawyers for more and more functions, and is now likely going to turn towards them for accepting tickets. Instead of the ‘electables’ who flocked to the party in 2018, the PTI is in the awkward position of finding that its ticket is being avoided, because of the pressure that be brought upon whoever accepts it.

Though the PTI has conducted intra-party elections, it does not look like a party which is ready to go into a general election, even though it is at least three months off. It is seeming increasingly likely that polling day, scheduled for February 8, will see Mr Khan behind bars, with the trials of the various cases against him still proceeding, though some cases may have bee decided by then. That means the PTI will not be able to avail his undoubted votegetting ability. Unfortunately for the PTI, Barrister Gohar cannot replace him in that.

Fatima PaSha

N an era defined by interconnectedness and shared challenges, global security has emerged as a paramount concern. Amidst this backdrop, China's Global Security Initiative (GSI) assumes a significant role in shaping a safer world. The Global Security Initiative (GSI), which President Xi introduced in February this year, has garnered the interest of scholarly experts in Chinese studies since its inception.

As China rises as a global power, expectations from the GSI are high, and rightly so. This proactive and comprehensive initiative holds huge potential to promote international cooperation, address security threats, and foster sustainable peace. As this initiative gains traction, it is critical to examine the expecta- rapidly growing technological abilities, is a pivotal participant in this sector. It is irrefutable that conflict and tions and implications for the rest of the world.

GSI revolves around multiple core concepts. A instability causes substantial damage to global secuprimary expectation from the GSI is its commitment rity; the GSI possesses considerable potential to foster to multilateralism. The success of any global initia- a meaningful shift in in promotion of global peace and tive depends on international collaboration and coop- dispute resolutions. As a permanent member of the UN Security Council, China's capacity to influence intereration. In order to national peacekeeping enencourage inclusive diadeavours and mediation logue, consensus-building, initiatives is greatly ampliand collective decisionfied. The GSI should take a making when addressing seTherefore, it is crucial to track the practical role in aiding curity challenges, the GSI must build on this founda- progress of Global Security Initiative peacekeeping operations, promoting diplomatic comtion and further strengthen munication, and offering lothe coming years and how it over the current multilateral gistical support to nations structures. relates to China's larger objectives of going through conflicts.

Global security is signifThe Global Security Inireforming global governance. It is icantly threatened by crosstiative is also expected to border risks like terrorism also imperative to take into account prioritise environmental seand organized crime, and the curity by promoting world expects proactive acthe practical limitations that will be able developmentsustainand tion from the Global Secuaddressing climate-related placed on China when analysing its rity Initiative in mitigating these dangers. China's his- motivations. Eventually, for the GSI, risks. China is committed to achieving carbon neutrality tory in managing internal seby 2060 and has immense process is as important as results curity crises, especially their investments in renewable counter-terrorism activities even if the most specialized and energy which make it an inin Xinjiang, makes it a key fluential actor in this doplayer in international anticomponents of GSI results in few main. Moreover, during terrorism initiatives. The of humanitarian instances concrete policy outcomes, the GSI should collaborate with emergencies and natural caother nations to enhance the overall initiative will still foster a tastrophes, the world exexchange of intelligence, orpects the Global Security friendly international network chestrate operations, and deInitiative (GSI) to play a vise efficient strategies to pivotal role in delivering imcounter terrorism. mediate and efficient aid Moreover, as societies and disaster relief. evolve towards greater digChina has already effecitalization, the importance of cybersecurity as a funpersuaded numerous countries to endorse the tively damental aspect of global security enhances. The concept of the Global Security Initiative (GSI). AlGlobal Security Initiative is expected to encourage though the idea might have been ambiguous, when it global cooperation in cybersecurity matters, includwas proposed by Xi Jinping at the SCO Council of ing the establishment of standards for responsible cyHeads of State in Uzbekistan, the initiative was rapberspace conduct by states, enhancing capabilities, idly backed by the majority of SCO members i.e. and sharing information.

China, with its rich cybersecurity knowledge and Azerbaijan, Belarus, Iran, Kazakhstan, Kyrgyzstan,

Dedicated to the legacy of late Hameed Nizami

Arif Nizami (Late) Founding Editor

Yousaf Nizami Editor Umar Aziz M. A. Niazi

Persons with disabilities must be included and empowered Joint Editor

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Executive Editor

N December 3, the world observes the International Day of Persons with Disabilities, a day that aims to promote the rights and well-being of persons with disabilities in all spheres of society and development. The theme for this year is "Access to Information – Saving lives, Building Trust, Bringing Hope!", which highlights the importance of ensuring that persons with disabilities have equal access to information and communication technologies, especially during the covid-19 pandemic and beyond.

According to the United Nations, there are an estimated one billion people living with disabilities worldwide, facing many barriers to inclusion in many key aspects of society. In Pakistan, the situation of persons with disabilities is even more challenging, as they face multiple forms of discrimination, stigma, poverty, and exclusion. According to the Pakistan Bureau of Statistics, 31 million people are experiencing disabilities, while NADRA’s records suggest that there are only 371,000 individuals with disabilities in Pakistan. According to the 2017 census, only 0.48 percent of the population had a disability in Pakistan, while the UNDP has estimated that nearly 6.2 percent of the Pakistanis have some form of disability. The Census data reveals that 55.7 percent of disabled people are found in Punjab, followed by 28.4 percent in Sindh, 11.1 percent in KP, 4.5 percent in Balochistan, and 0.3 percent in Islamabad.

The low and inconsistent figures indicate the lack of reliable data and the underreporting of disability in Pakistan, which hampers the effective planning and implementation of policies and programs for the empowerment of persons with disabilities. Moreover, the existing legal and institutional framework for the protection and promotion of the rights of persons with disabilities is inadequate and fragmented, as it does not conform to the standards and principles of the United Nations Convention on the Rights of Persons with Disabilities (CRPD), which Pakistan ratified in 2011.

However, some positive steps have been taken by the provincial governments, especially by the Sindh government, to address the issues and challenges faced by persons with disabilities in the province. In 2018, the Sindh government enacted the Sindh Empowerment of Persons with Disabilities Act, which aims to give effect to the CRPD and to ensure the full and effective inclusion of persons with disabilities in the community. The Act provides for the establishment of an Authority for the Empowerment of Persons with Disabilities, which is responsible for the formulation and

Editor’s mail

The Department of Empowerment of Persons implementation of policies, plans, and programmes for the welfare and empowerment of with Disabilities (DEPD), Government of Sindh, persons with disabilities in the province. The is a government department that is committed to Act also guarantees the rights of persons with enhance the quality of life of persons with disabilities and intedisabilities to grate them education, into mainhealth, emstream society. ployment, soThe DEPD cial protection, Let us remember that persons with implements accessibility, the Sindh Emparticipation, disabilities are not a burden or a charity, but powerment of and non-disPersons with crimination, a valuable and integral part of our society, Disabilities and prescribes Act 2018, penalties for who deserve respect, recognition, and rights. which aims to the violation Let us ensure that they have access to give effect to of these rights. the United NaSome of information that can save their lives, build tions Conventhe notable inition on the tiatives taken their trust, and bring them hope. Let us make Rights of Perby the Sindh Sindh a province where persons with sons with Disgovernment abilities and to under the Act disabilities can live with dignity, freedom, ensure the full include: - Inand justice for all and effective creasing the inclusion of employment persons with quota for perdisabilities in sons with disabilities from two percent to five percent in all the community. The DEPD provides various services for children and adults with disabilities, such public and private sector establishments.

- Issuing special driving licenses for persons as special education, vocational training, rehabilwith hearing impairment, enabling them to itation, assistive devices, registration, and legal drive cars and motorcycles with the help of sign protection. The DEPD also has a web portal and a mobile application for the registration and verlanguage interpreters.

- Introducing a Disability Assessment Cer- ification of persons with disabilities, which also tificate, which is a standardized and simplified provides information on various schemes and fadocument that certifies the type and degree of cilities available for them. The DEPD works in disability of a person, and facilitates their access collaboration with the Sindh Persons with Disabilities Protection Authority (SPDPA), which is to various services and benefits.

- Launching a web portal and a mobile ap- responsible for the formulation and implementaplication for the registration and verification of tion of policies, plans, and programs for the welpersons with disabilities, which also provides fare and empowerment of persons with information on various schemes and facilities disabilities in the province.

The DEPD strives to empower and include available for them.

- Providing free assistive devices, such as persons with disabilities in Sindh on equal basis wheelchairs, crutches, hearing aids, and artifi- with other citizens. On this Universal Disable cial limbs, to persons with disabilities through Day, let us join hands and voices to celebrate the achievements and contributions of persons with various distribution camps and centers.

These measures reflect the commitment and disabilities, and to renew our pledge to work toefforts of the Sindh government to empower gether for their inclusion and empowerment in all and include persons with disabilities in the aspects of life.

Let us remember that persons with disabilmainstream of society, and to ensure that they enjoy their rights and dignity as equal citizens. ities are not a burden or a charity, but a valuable However, there is still a long way to go to and integral part of our society, who deserve reachieve the full realization of the vision and ob- spect, recognition, and rights. Let us ensure that jectives of the CRPD and the Sindh Empower- they have access to information that can save ment of Persons with Disabilities Act. There is their lives, build their trust, and bring them a need for more awareness, advocacy, and ac- hope. Let us make Sindh a province where pertion from all stakeholders, including the govern- sons with disabilities can live with dignity, freement, civil society, media, private sector, and dom, and justice for all. persons with disabilities themselves, to create The writer is, V.P, Govt Special Education an enabling and supportive environment for perand Rehabilitation Complex, Karachi sons with disabilities in the province.

Lahore – Ph: 042-36300938, 042-36375965

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Karachi – Ph: 021-35381208-9

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Islamabad – Ph: 051-2204545

The writer is a freelance columnist

Send your letters to: Letters to Editor, Pakistan Today, 4-Shaarey Fatima Jinnah, Lahore, Pakistan.

E-mail: letters@pakistantoday.com.pk Letters should be addressed to Pakistan Today exclusively

Today is the International day of persons with disabilities Pir Niaz JaN SirhaNdi

and Uzbekistan. In addition to these, over 80 nations and regional organizations, including Cambodia, Mongolia, Cuba, Uruguay, and Nicaragua, have expressed their appreciation.

Pakistan also strongly supports the Global Development Initiative, a similar Initiative aimed at expediting the process of achieving Sustainable Development Goals (SDGS), 2030, and the Global Security Initiative. In Africa and the Middle East, the GSI has been used in a variety of foreign policy and diplomatic initiatives. Moreover, Gulf governments consider the GSI as well aligned with their security views, hence it will likely receive support from different parts of the Gulf region.

However, despite this initial enthusiasm, the GSI will face significant challenges in the actual implementation. It is essential to comprehend the actual capacity of China to implement the GSI as it appears to function more as a rhetorical tool to promote Chinese perspectives on global security governance than as a concrete strategy for establishing a Chinese world order within a realistic framework of China's role as a participant in international security. It is believed that the GSI actually lacks the necessary regulatory tools to carry out Xi's aspirational policy objectives, it also needs to economic entities in addition to security measures.

The transition of the Global Security Initiative from rhetoric to reality is still in progress, although China has presented numerous rebranding frameworks to other countries, but few have advanced beyond Beijing's merely nominal endorsement, raising doubts about this initiative's chances of taking off.

Therefore, it is crucial to track the progress of Global Security Initiative over the coming years and how it relates to China's larger objectives of reforming global governance. It is also imperative to take into account the practical limitations that will be placed on China when analysing its motivations.

Eventually, for the GSI, process is as important as results and even if the most specialized components of GSI results in few concrete policy outcomes, the overall initiative will still foster a friendly international network

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Tackling the issue of child marriages

CHILD marriage, referring to the union of individuals under the age of 18, is a complex problem stemming from factors such as gender inequality, poverty, cultural norms, lack of education, and, in some cases, armed conflict. Often driven by deep-rooted societal beliefs, it manifests as a harmful and illegal practice with severe consequences for children’s well-being, including early pregnancies, restricted access to education, and increased vulnerability to various forms of abuse. Global efforts are underway to prevent child marriages and protect children’s rights. Supporting programs that provide education and empower children with skills and opportunities is vital. However, addressing this issue requires a nuanced approach, with the well-being and safety of the children as the top priority. Collaboration with legal authorities and organizations specializing in child protection is crucial for achieving meaningful outcomes. In Pakistan, underage marriages persist in remote and uneducated communities, where parents, perceiving their children as burdens, resort to early marriages as a solution. The government must take stringent actions against those promoting child marriages, and NGOs should actively address this societal issue to avert its harmful consequences.

KASHAF ASHRAF TANDO ADAM

Cancer treatment

THE rather backward Balochistan province has no cancer treatment facility, and patients have to be taken to Karachi and other cities when hospitalisation is needed. The province that has been neglected in multiple areas over the last decades needs a cancer facility rather urgently.

LIAQUAT K B KHUZDAR

Neglected road

AN important road linking Badin with Mirpurkhas, Umerkot and Tharparkar is in a bad shape after years of neglect. The Asian Development Bank approved the construction and rehabilitation of the road, but the formalities have remained ‘in progress’ without there being any actual progress worth its name. The residents of Pangrio and surrounding vicinities are facing a lot of trouble. The higher authorities should speed up the process for the construction of the neglected road.

DR MUHAMMAD ASHRAF MEMON HYDERABAD

Gas shortage

I am writing to express my deep concerns about the ongoing gas shortage that has been affecting our community in recent months. It is becoming increasingly difficult for individuals and businesses alike to access the fuel they need to go about their daily activities, and this situation demands our immediate attention. The repercussions of this gas shortage are widespread and alarming. Firstly, the rising gas prices are putting a significant financial strain on families who rely on their vehicles for commuting to work, school, and other essential activities. Moreover, local businesses, especially those in the transportation and logistics sectors, are grappling with increased operational costs that could ultimately result in layoffs or price hikes for consumers. Furthermore, the environmental impact of this gas shortage cannot be ignored. With limited access to public transportation options in our area, many people have no choice but to continue using their personal vehicles, contributing to increased air pollution and greenhouse gas emissions.

REEBA SALEEM KARACHI

Web: www.pakistantoday.com.pk

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Email: editorial@pakistantoday.com.pk

COMMENT 05

Sunday, 3 December, 2023

Bangladesh’s IMO vice-presidency a major development

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mehjAbin bhAnu

HE International Maritime Organization (IMO) encourages governments to work together to regulate shipping involved in international trade and to adopt the highest standards that are practical in terms of maritime safety, navigation efficiency, and the prevention and control of marine pollution from ships.

The International Maritime Organization (IMO), the United Nations agency tasked with creating and approving policies to enhance maritime safety and security and to stop ship pollution, is crucial to achieving the objectives outlined in Sustainable Development Goal (SDG) 14 of the UN: Seas, oceans, and marine resources should be preserved and used responsibly for sustainable development.

In this context, Bangladesh was chosen to serve as the 33rd Assembly of the International Maritime Organization's (IMO) First Vice-President. Saida Muna Tasnim is Bangladesh's Permanent Representative to the IMO and High Commissioner to the United Kingdom.

By the votes of the representatives of the member states present at the meeting on November 27, she was chosen to the significant position of Vice-President of the Assembly. This is the first time Bangladesh has ever been voted to one of the highest positions of the prestigious IMO General Assembly of 175 member states that meets biennially in London to adopt all regulatory, financial, legal, and technical co-operation decisions of the global maritime industry and government.

The top-level specialized agency of the United Nations is called the International Maritime Organization (IMO). The IMO was founded by a treaty that was approved in Geneva on 6 March 1948, and went into effect on 17 March 1958. Originally known as the International

Maritime Consultative Organization (IMCO), the organization was founded in 1948. It became a specialized agency of the United Nations on 13 January 1959. In 1982, it changed its name to the International Maritime Organization. Bangladesh joined the IMO in 1976.

The IMO is in charge of ensuring that shipping is safe and secure as well as preventing ship-related air and marine pollution globally. The activity of the IMO advances the Sustainable Development Goals of the UN. Bangladesh has never before been elected to the secondhighest position in the IMO, First Vice-President. The IMO General Assembly, which meets in London and is attended by 175 member states, and which makes decisions regarding all legal, financial, regulatory, and technical cooperation issues pertaining to the international maritime industry and governance. The Saudi Arabian Permanent Representative to the IMO, Prince Khalid bin Bandar Al Saud, assumed the role of President.

It is noteworthy that Bangladesh has won an IMO election for the first time in recent memory. Bangladesh was not elected to the IMO Executive Council in 2021.

It is in charge of ensuring that shipping is safe and secure as well as preventing ship-related air and marine pollution globally. The activity of the IMO advances the Sustainable Development Goals of the UN. For Bangladesh to make the transition to a green marine sector, the IMO and other important maritime partners must provide financial, technical, and knowledge assistance. It is admirable that Bangladesh has committed to ratifying the Hong Kong Convention by 2023. Bangladesh has already significantly contributed to global decarbonization by reducing, reusing, and recycling steel, making it the world's top ship recycling country. Bangladesh is presently cooperating with the IMO's SENSREC Project Phase-III for safe and ecologically responsible ship recycling.

But the Bangladeshi government's timely international acknowledgment for its effective management of its maritime resources comes in the form of the vice-presidentship of the IMO. It also demonstrates the Bangladesh's government's commitment to assisting the

nation in developing a sustainable marine industry. The goal of the climate-friendly government of Bangladesh is to decarbonize the nation's maritime industry. For the most part, this is in line with the IMO's 2050 GHG reduction plan.

Citing many studies, including an UNCTAD study, one large ship recycling nation, by itself, contributes considerably to the decarbonization of the marine sector by reducing carbon dioxide emissions by about 2000 kg every metric ton of recycled steel. In order to promote innovative technology for green shipping to Bangladesh's public and commercial shipping sectors, the IMO should launch a pilot project in that nation.

The administration of Prime Minister Sheikh Hasina is to be commended for raising environmental, safety, and ship recycling requirements in IMOs Bangladesh. need to keep encouraging Bangladesh to develop a green shipping sector. For Bangladesh to meet the Sustainable Development Goals (SDGs), it must prioritize other matters.

Bangladesh will therefore find it simple to take advantage of the situation. Bangladesh has a fantastic chance

Both private monitoring and international collaboration are necessary to protect the ecosystem in the coastal area of the Bay of Bengal.

Bangladesh's commitment to assisting the nation in achieving a sustainable marine economy is therefore shown by its vice presidency of the IMO

US allegations of foiled murder plot only bolster Narendra Modi’s strongman image at home India’s foreign policy has become more muscular under Modi and that’s a strategy that resonates with his supporters

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CONVERSATION

reetA tremblAy

recent indictment from the United States Department of Justice has alleged an Indian security official was involved in attempting to assassinate a U.S. and Canadian citizen in New York. The alleged target, Gurpatwant Singh Pannun, is a leader in the Sikh separatist movement and has been involved in organising referendums for the establishment of Khalistan, a proposed independent Sikh state in northern India.

The indictment also states that there is a link between the foiled attempt to kill Pannun and the murder of Canadian Khalistani leader Hardeep Singh Nijjar in Surrey, British Columbia, earlier this year. The Indian government said it was investigating the allegations, and had established a committee to “address the security concerns highlighted by the US government”.

This announcement by the US could have potential ramifications for Indian politics, both at home and abroad.

However, it is unlikely to have any significant impact on next year’s general elections, when Prime Minister Narendra Modi will be seeking his third term in office.

STRONGMAN IMAGE Canadian allegations against India had handed Modi an excellent political platform for the next general elections. It sent a clear message that India’s government would, under no circumstances, tolerate any threats to the country. India’s foreign policy has become more muscular under Modi; and that’s a strategy that resonates with his supporters.

His landslide victory in 2019 had a lot to do with support for India’s “surgical strikes” in Pakistan’s Azad Kashmir in 2016 in response to an attack that killed 19 Indian soldiers.

Following Canada’s allegations of Indian involvement in Nijjar’s killing, the Modi government was once again able to successfully generate a narrative against Canada in general and the Liberal party in particular.

India’s narrative consists of four parts: *Canada is a safe haven for terrorists, extremism and organised crime, and there is a nexus between Indo-Canadian gangsters and Sikh separatists working with Pakistan’s intelligence agency. *The Canadian government has consistently ignored repeated requests from India to take actions against Khalistani “terrorists” operating on Canadian soil. *Prime Minister Justin Trudeau’s government is pandering to the large Sikh diaspora in Canada. *The Liberal minority government is dependent on support from the New Democratic Party leader, Jagmeet Singh, a Sikh supposedly sympathetic to the Khalistani cause.

Indian news media and politicians have repeated the official discourse constantly for weeks. While India was quick to dismiss Canadian allegations, it has adopted a much more cautious approach to the US indictment. India has much to lose by alienating the Biden administration as

both countries have invested a great deal in enhancing Indo-US relations and making India a central ally in America’s Indo-Pacific strategy.

Meanwhile, Indo-Canadian relations have been chilly since 2015, largely due to Khalistan activity in Canada.

Moreover, annual trade between India and Canada is worth about $12 billion while trade with the US is worth $192 billion. In short, India has much more to lose by alienating the US than it does by taking a hard line with Canada.

FURTHERING AUTHORITARIANISM On the surface it might appear that news of the US indictment could fracture India’s muscular foreign policy.

However, this episode is unlikely to have much impact on India’s domestic politics. Modi remains popular with an approval rating of 78%. He is credited, among other things, with India’s emergence as a global power, with his effective handling of border issues with China, for taking on Pakistan and with the success of the country’s space programme.

The 26-party opposition coalition, Indian National Developmental Inclusive Alliance (INDIA), is unlikely to challenge Modi on this particular issue. The national defense narrative is a strong one, and India’s territorial integrity is a sacrosanct issue for all political parties.

However, among some minority communities, Muslims and Sikhs, both at home and abroad, revelations of assassination plots could raise serious concerns. The Modi government’s aggressive pursuit of a Hindu nationalist agenda, its repression of minorities and control over dissent have become more entrenched.

India’s parliament is in the process of amending its sedition laws. If the changes are passed, endangering the unity and integrity of the country could result in life-term imprisonment. These proposed changes to the already harsh and draconian penal code will only further criminalise dissent. The Modi government is ensuring that dissenting voices, particularly those of minority communities, completely disappear from Indian democracy.

AMPLIFYING KHALISTAN MOVEMENT India’s campaign of global repression of Sikh separatists could have the effect of unifying the Sikh diaspora.

It was in 2018 that Pannun came up with the idea of holding a non-binding referendums to mobilize the global Sikh community.

That year, Sikh activists announced their campaign for holding referendums starting in 2021 across multiple cities.

The first referendum took place in London on October 31, 2021, followed by eight more referendums during 2022 and 2023 in the cities of Leeds and Luton (United Kingdom), Geneva (Switzerland), Brampton, Mississauga and Surrey (Canada), Melbourne (Australia), and Brescia (Italy). Pannun announced plans for referendums in Punjab and the US, and for another round of voting in Canadian cities. In October, following Trudeau’s announcement of credible allegations against the Indian government, thousands of voters turned out to participate in a referendum in Surrey, BC, some coming from as far as the cities of Edmonton and Calgary.

While only a small minority of the Sikh diaspora is thought to support creating a separate Sikh state, the majority were likely registering their disapproval of India and its repression of minorities. Memory of the 1984 anti-Sikh riots in the wake of Indira Gandhi’s assassination which left thousands dead remains very much alive within the entire Sikh community to this day. But Khalistani referendum politics relies heavily on images depicting so-called “martyrs” (separatists killed by India) and Indian diplomats as the assassins of Sikh activists. The desecration of Hindu temples also has the potential to create division within the Indian Hindu and Sikh diasporas. Canadian Liberal MP Chandra Arya has accused Khalistan supporters of targetting Hindu temples. As more information comes out, the Canadian government will need to carefully manage its relations with India and the relationship between diasporic communities here.

Reeta Tremblay is Adjunct and Professor Emerita, Politics, University of Victoria.

in front of it. Bangladesh may use the ocean economy as a vehicle for national development that is sustainable.

The country will become a developing nation as a result of its ocean economy.

The term "blue economy" refers to a marine resource-based economy, the fundamental idea of which is to ensure that seawater and a nation's organic and inorganic resources are used to the greatest extent possible at the lowest possible cost to the economy. For a very long time, the Sunil economy has made contributions to the global economy.

The blue economy in Bangladesh has a lot of promise. Following the resolution of the maritime boundary dispute between Bangladesh, Myanmar, and India between 2012 and 2014, the outcome favored Bangladesh. Bangladesh's marine area grew by 30 percent as a consequence. The outcome is an additional 118,813 square kilometres of marine space for the nation. This significantly raises its maritime potential.

Bangladesh's tourism, marine fishing, commerce, exploration of natural resources, and energy potential all grow as a consequence.

There is no other way to concentrate on preventing environmental pollution, combating climate change, and protecting biodiversity but to take advantage of the enormous potential of the Bay of Bengal. From an environmental perspective, places that are in critical condition should be the focus of monitoring systems that are established. Both private monitoring and international collaboration are necessary to protect the ecosystem in the coastal area of the Bay of Bengal. Bangladesh's commitment to assisting the nation in achieving a sustainable marine economy is therefore shown by its vice presidency of the IMO. The writer is a freelance columnist

Western tech dominance is over: Developing nations ready to take the lead As sanctions, cyberattacks, and surveillance are increasingly used by some powers to prevail over others, poorer countries should combine strength to pave their digital futures without any sovereignty risks

I

RT

Arvind GuptA

N the last few years, we have seen a worldwide pandemic, geopolitical conflicts, supply chain disruptions, and the weaponization of non-traditional aspects of the economy, especially the digital economy. The weaponization of banking systems and digital platforms, systematic cyberattacks, and surveillance using telecommunications hardware has pushed states’ digital policymakers and national security leaders to establish a de-risking strategy in order to regain sovereignty over the digital realm.

What we mean by ‘de-risking strategy’ is developing trust-based partnerships where economic interests, historical linkages, shared values, and the competitive strengths of partners help them secure a resilient domestic digital economy. In these partnerships, we define trust in a broader sense, allowing states to pursue their national interests while ensuring economic security. In our paradigm, the states would pursue these partnerships to balance their immediate economic needs, build on historical linkages to deepen their relationships, disassociate gradually with states where a value conflict exists, and compete on their manufacturing and trade capabilities.

Another way for states to carve out a sovereign digital future would be for them to build on the foundations of historical relationships. We are also looking at developments where states deepen their historical partnerships in new areas to diversify their trade baskets.

India and Russia have had strong nuclear, space, and defense ties; however, we now witness enthusiastic conversations on cooperation in IT, cybersecurity, and smart cities between Indian and Russian counterparts. Early this year, the 12th meeting of the Russian-Indian Working Group on Science and Technology explored synergies in biotechnology, artificial intelligence, quantum technologies, cyber-physical systems, oceanography, medical sciences, and fundamental and applied physics.

In the 2000s, economic growth, individual freedom, and global connectivity were states’ primary national priorities. Economic growth and connectivity incentivised states to open their economies to multinational corporations. States allowed the big technology platforms to set the norms of engagement in the digital world. Soon, there was a realisation that these platforms operated without accountability to local laws. Malicious actors used these platforms to spread disinformation and manipulate public opinion. Unfortunately, these platforms were deployed by states and non-state actors to achieve their geopolitical ambitions. There have been rising instances of cyberattacks on businesses, government websites, and healthcare establishments.

Rising cases of breaches of data privacy through the use of social media platforms have pushed governments to enforce strict data privacy and localisation laws. If technology platforms are in constant conflict with states’ values, such as the rule of law and democratic accountability, then we are looking at a future

where systematic restrictions are placed on these technology platforms being able to operate from the respective states’ jurisdictions.

States fear overt dependence on foreign technology for economic growth as it gives asymmetrical power to other states to weaponise this when relations are not on a strong footing.

Besides sheer economic contingency, historical linkages, and shared values, we observe that states are bringing their combined competitive strengths to the table using multilateral institutional frameworks.

The digital world has no recognised borders, and therefore, it is difficult to establish responsibility for the behavior of a particular bad actor. The New Delhi G20 Declaration paved the way for countries to accept the One Future Alliance to equip the Low and Low Middle Income Countries (LMICs) to develop frameworks and strategies to pave their digital futures without any sovereignty risks. In addition, there was an emphasis on agreeing to principles that would govern the responsible deployment of AI for the common good and empower small businesses and farming communities. The Indian model of digital public infrastructure (DPI) provides agency to states to pursue the best of private innovation and public accountability. Unlike the private technology platforms, the Indian DPI utilities build using open source architecture in the critical domains of digital identity, payments, banking, and health to ensure that personal data is stored under an established authority.

Access to this data is granted with consent from users using a techno-legal approach of Data Empowerment and Protection Architecture (DEPA), which ensures citizens’ own data is protected by laws and that at the same time, data is made available via anonymised and encrypted technologies to private businesses in a cost-effective manner to build innovative models. DPI with DEPA has helped India to balance sovereignty risks and business innovation interests. India has offered this deployment strategy as a global public good to LMICs and developed nations at multilateral and bilateral engagements.

In conclusion, a de-risking strategy is a complex and multifaceted approach that seeks to balance the benefits of self-reliance and interconnectedness. It requires systematic planning, sustainable investment, and international cooperation to navigate the challenges and uncertainties of the digital age while safeguarding national interests. At no point do we consider that a de-risking strategy would lead to digital autarky, as this would go against states’ economic interests and historical partnerships. The de-risking approach follows the classical international theory of managing and avoiding risks. Different states would pursue this differently. However, we do see a consensus in the developing world against the weaponisation of non-traditional security challenges, bringing the security dimension to the equation.

States would see long-term national security threats as outweighing short-term economic interests and pursue some form of digital isolationism with a clear demand for technology-sharing agreements and local manufacturing capabilities. We hope this phase of the de-risking strategy is transitory, as states would utilize multilateral forums like BRICS+, the G20, and SCO to de-escalate these tensions and build on confidence-building measures to balance sovereignty concerns and avoid an AI-led digital arms race.

Arvind Gupta, Head and Co-Founder of Digital India Foundation, a policy think tank working in the areas of technology policy, digital inclusion, ethics of AI, supply-chain security, and governance of critical and emerging technologies.

This article was first published by the Valdai Discussion Club and edited by the RT team.

06 NEWS

INDIA BATTLES ‘ROGUE’ LABEL AFTER ASSASSINATION ALLEGATIONS

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NEW DELHI AFP

HEN Canada accused India of killing a citizen on its soil, New Delhi dismissed the allegations as “absurd”.

Relations plunged and diplomats were expelled.

This week, after an Indian national was charged with plotting to assassinate a Sikh separatist leader in the United States, commentators noted New Delhi’s response to its superpower ally and largest trading partner was “starkly different”.

Indian foreign ministry spokesman Arindam Bagchi said it was a “matter of concern” and a special committee had been set up — a “pointer to how seriously” it is being taken, the Hindustan

Times wrote in an editorial this week.

But, despite New Delhi’s “starkly different” and “much more cooperative” reaction, journalist Shubhajit Roy feared it would “cast a shadow” on the key relations.

“The depth of its strategic ties with the US give it some manoeuvring room, but New Delhi has its task cut out,” Roy wrote in the Indian Express.

For Prime Minister Narendra Modi — who revelled in centre-stage attention hosting G20 leaders in September — the assassination allegations threaten to puncture well-crafted efforts to burnish his image abroad.

“It will create a greater wariness in dealing with Modi,” said Hartosh Singh Bal, executive editor at The Caravan magazine, suggesting the charges would result in a reduction of intelligence shar-

44 Chinese and foreign firms sign up for 2nd China supply chain expo BEIJING

STAFF REPORT

A total of 44 Chinese and foreign enterprises have signed up to participate in the second China International Supply Chain Expo (CISCE) in 2024, according to the organizer of the event, China Council for the Promotion of International Trade (CCPIT).

Companies that have signed up for the second CISCE include SAP, GE Healthcare, TCL, iFLYTEK and Sinopharm, which are all exhibitors at the ongoing first CISCE. Speaking at a signing ceremony on Friday, Zhang Shaogang, vice chairman of CCPIT, noted that the vast majority of exhibitors hoped to participate again in CISCE next year to further expand international supply chain cooperation as the effect of the first expo exceeded their expectations.

Zhang said that the signing ceremony was both a positive response to the hope of enterprises and institutions that want to participate in the expo in the future, and a solemn commitment to continue to do a good job.

ing with New Delhi.

“What India stands accused of is rogue behaviour and it will leave allies unwilling to trust a leadership that is willing to act so,” he told AFP. While Washington has embraced India as an ally in the face of a rising China, accusations of murder plots threaten to throw the relationship off balance.

“US officials must now grapple with the possibility that one of its most important strategic partners attempted an extrajudicial operation on US soil,” Michael Kugelman, director of the South Asia Institute at the Wilson Center, told AFP. “It’s an unsettling realisation, and it will linger.” Both cases centre on radical Sikh separatists living abroad, but promoting an independent state called Khalistan in the northern Indian state Punjab,

where New Delhi crushed an insurgency three decades ago. The US Justice Department on Wednesday unsealed murder-forhire charges against Nikhil Gupta, 52, “in connection with his participation in a foiled plot to assassinate a US citizen” of Indian origin in New York City.

The Financial Times reported that US authorities had thwarted a conspiracy to kill Gurpatwant Singh Pannun, a US and Canadian citizen. He was also a close ally of fellow Sikh separatist and Canadian citizen Hardeep Singh Nijjar, before he was gunned down by masked assailants in June near Vancouver.

India responded furiously after Canadian Prime Minister Justin Trudeau went public with his allegations, briefly curbing visas for Canadians and forcing Ottawa to withdraw diplomats.

American firm chosen as financial advisor for Roosevelt Hotel privatization g

FINANCIAL CHALLENGES PROMPT PRIVATIZATION DECISION FOR PIA-OWNED PROPERTY LOCATED IN A PRIME AREA OF NEW YORK PROFIT

NEWS DESK

Pakistan’s Privatisation Commission board has approved the hiring of Jones Lang Lasalle Americas Inc (JLL), a Chicago-based real estate management firm, as the financial advisor for the privatizaand joint venture tion development of the Roosevelt Hotel in New York.

The hotel, currently owned by Pakistan International Airlines (PIA), has faced financial challenges, prompting the decision for its privatization.

The decision to appoint a fi-

nancial advisor was made in July 2020, and after an extensive selection process, JLL was chosen to formulate a transaction structure for the Roosevelt Hotel’s privatization. JLL, with a net worth of $7.4 billion, surpasses the total official reserves held by the State Bank of Pakistan (SBP).

Federal Minister for Privatisation, Fawad Hasan Fawad, approved JLL’s appointment, as stated by the Privatisation Commission. The Roosevelt Hotel, located in a prime area of New York, is currently owned by PIA through its subsidiary PIA-Investment Limited, registered in the British

Virgin Islands.

When the Hotel ceased operations in December 2020, Pakistan approved leasing it at a nominal rent to the New York City government in May. The Roosevelt Hotel faces the potential designation as a heritage building by local authorities in New York, and Pakistan’s Foreign Office has appealed to the US ambassador to dissuade New York authorities from taking such action.

The hotel’s fate remains uncertain, and a 2019 Deloitte report suggested redeveloping the site into a mixed-use space.

China, Vietnam vow to maintain South China Sea as sea of peace, cooperation HANOI

STAFF REPORT

Chinese and Vietnamese senior officials co-chaired 15th Meeting of the China-Vietnam Steering Committee for Bilateral Cooperation on Friday here in Hanoi and reached a series of consensus points on advancing comprehensive strategic cooperation between the two countries, vowing to maintain the South China Sea as a sea of peace and cooperation.

We are willing to work with Vietnam to make good use of the committee, a general management mechanism for overall coordination of bilateral cooperation, make overall planning for cooperation in the next stage and make positive contributions to advancing ChinaVietnam relations in the new era, Wang Yi, Member of the Political Bureau of the Communist Party of China Central Committee and Chinese Foreign Minister, said at the meeting.

The two sides should maintain high-level strategic communication, constantly build consensus and enhance mutual trust. Both countries should also strengthen cooperation mechanisms in national defense, public security and security, as well as deepen non-traditional security cooperation such as counter-terrorism and combating telecommunications fraud, Wang said.

China’s top diplomat also called on the two sides to leverage the advantages of geographical proximity and industrial complementarity, deepen cooperation in the fields of economic affairs and trade, interconnectivity, and jointly create a mutually beneficial, stable and smooth production and supply chain system.

China and Vietnam are expected to work together to safeguard international equality and justice, practice true multilateralism, and support each other on issues concerning their respective major interests.

The two countries should abide by high-level consensus, insist on managing differences through friendly consultation, actively promote maritime cooperation, and safeguard hard-won peace and stability in the South China Sea, Wang said.

Wang Yi arrived in Hanoi on Friday for a two-day visit as part of frequent bilateral interactions between China and Vietnam. Some experts expect this visit to consolidate bilateral consensus and pave the way for the two countries to further develop bilateral relations and yield substantial, mutually beneficial results.

Vietnamese Deputy Prime Minister Tran Luu Quang said during the meeting that Vietnam is willing to strengthen high-level mutual visits and actively carry out inter-Party and parliamentary exchanges with China.

They should utilize the coordinating role of the committee to enhance collaboration in diplomacy, defense, and security, the Vietnamese official said, noting that the Southeast Asian country is also committed to achieving greater development in economic, trade, investment, and financial cooperation, as well as enhancing collaboration in transportation, agriculture, environmental protection, science and technology, tourism, education, and local exchanges. Vietnam is also seeking to expand cooperation in artificial intelligence and green energy with China, he noted.

In line with the consensus reached by the leaders of both countries, we will manage differences effectively and jointly promote consultations on the Code of Conduct in the South China Sea so as to build the South China Sea into a sea of peace and cooperation, Quang said.

Sunday, 3 December, 2023 | LAHORE

China calls for accelerating clean energy development at COP28 DUBAI

STAFF REPORT

Chinese Vice Premier Ding Xuexiang has called on the world to actively increase the proportion of renewable energy and accelerate green transformation in the global fight against climate change.

Ding, also Chinese President Xi Jinping’s Special Representative, made the remarks Friday while addressing the World Climate Action Summit at the ongoing 2023 United Nations Climate Change Conference – COP28 in Dubai, the United Arab Emirates (UAE). More than 70,000 delegates from around the world have gathered in Dubai for the annual climate meeting scheduled from November 30 to December 12, where for the first time the world assesses how far off track it is to curb global warming.

A UN report released in late November shows that countries’ current pledges would put the world on track for a temperature rise of 2.5 degrees Celsius – 2.9 degrees Celsius by the end of this century, leaving the central goal of the 2015 Paris Agreement – 1.5 degrees Celsius – out of reach.

Ding stressed that mankind shares a common destiny in the face of the challenges from climate change, and all parties should strengthen their determination and capacity to jointly address it.

He put forward a three-point proposal. The first is to practice multilateralism, adhere to the goals and principles set out in the United Nations Framework Convention on Climate Change and the Paris Agreement, enhance solidarity and cooperation, and achieve mutual benefit and win-win results.

The second is to accelerate green transformation, actively increase the proportion of renewable energy, promote the clean, low-carbon and efficient use of traditional energy, and accelerate the formation of green and low-carbon production methods and lifestyles.

The third is to strengthen action implementation and fully honor the existing commitments. In particular, developed countries should effectively increase financial, technological and capacity building support to developing countries to turn vision into reality.

As a major responsible developing country, China stands ready to work with all parties to build a clean and beautiful world, he said.

China’s efforts in combating climate change China has pledged to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, incorporating carbon emission reduction goals into the overall planning of economic and social development.

Sunday, 3 December, 2023 | LAHORE

07

COP28: 117 COUNTRIES AGREE TO TRIPLE RENEWABLE ENERGY, TO PUSH OUT FOSSIL FUELS NEWS

CORPORATE CORNER

Karachi: Sindh Governor Kamran Tessori administered oath of office to Muhammad Ahmed Shah as caretaker Provincial Minister at Governor's House. The ceremony was attended by Caretaker Sindh Chief Minister Justice (retd) Maqbool Baqir and Caretaker Provincial Ministers. Prominent poet Iftikhar Arif,veteran actor Munawwar Saeed and people from different walk of life attended the ceremony. Later, Governor congratulated Muhammad Ahmed Shah on taking oath as caretaker provincial minister. PR

Photo exhibition to mark anniversary of Pakistan Netherland relations inaugurated

KARACHI: To celebrate the 75th anniversary of Pakistan-Netherlands relations, a three-day photo exhibition themed "After Us, the Deluge" by Dutch photographer Kadir van Lohuizen was inaugurated here at Sambara Art Gallery.The Director General Culture Sindh Munawer Ali Mahessar as chief guest along with First Secretary of the Netherlands Embassy Hannah van der Bles inaugurated the opening ceremony of the photo exhibition held at Muhammad Ibrahim Joyo Auditorium of the Gallery. According to a press release issued by the Embassy of the Kingdom of Netherlands, the year 2023 marks the 75th year of diplomatic relations between the Kingdom of Netherlands and the Islamic Republic of Pakistan. PR

Forman Women Sports Fest 2023

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PROFIT

REUTERS

OME 117 governments pledged to triple the world’s renewable energy capacity by 2030 at the U.N.’s COP28 climate summit on Saturday, as a route to cut the share of fossil fuels in the world’s energy production.

The pledge was among a slew of COP28 announcements on Saturday aimed at decarbonizing the energy sector – source of around three-quarters of global greenhouse gas emissions – that included expanding nuclear power, cutting methane emissions, and choking off private finance for coal power.

“This can and will help transition the world away from unabated coal,” said Sultan al-Jaber, the United Arab Emirates’ COP28 summit President.

Led by the European Union, United States and UAE, the pledge also said tripling renewable energy would help remove CO2-emitting fossil fuels from the world’s energy system by 2050 at the latest.

Backers on Saturday included Brazil, Nigeria, Australia, Japan, Canada, Chile and Barbados. While China and India have signalled support for tripling renewable energy by 2030, neither backed the overall pledge on Sat-

urday – which pairs the ramp-up in clean power with a reduction in fossil fuel use.

Backers including the EU and UAE want the renewable energy pledge included in the final U.N. climate summit decision, to make it a global goal. That would require consensus among the nearly 200 countries present.

The pledge, a draft of which was first reported by Reuters last month, also called for “the phase down of unabated coal power” and an end to the financing of new coal-fired power plants. It also included a target to double the global rate of energy efficiency by 2030.

Climate vulnerable countries insisted that the goals must be paired with a deal among countries at COP28 to phase out the world’s use of fossil fuels.

“It is only half the solution. The pledge can’t greenwash countries that are simultaneously expanding fossil fuel production,” said Tina Stege, Climate Envoy for the Marshall Islands. While deployment of renewables like solar and wind has been surging globally for years, rising costs, labour constraints and supply chain issues have forced project delays and cancellations in recent months, costing developers like Orsted (ORSTED.CO) and BP (BP.L) billions of dollars in writedowns.

Hitting the target for 10,000 gigawatts of global installed renewable en-

Bank deposits soar to record high of Rs25.6tr despite YoY deceleration: Report g

IN TERMS OF VALUE, 52PC OF CONVENTIONAL BANKING, 63PC OF ISLAMIC BANKING DEPOSITS ARE ELIGIBLE FOR DEPOSIT PROTECTION

The Forman Christian College University’s Sports Department successfully completed "FORMAN WOMEN SPORTS FEST 2023” - a spectacular event aimed at inspiring and empowering young women to embrace their love for sports and fostering a spirit of camaraderie. The event, which began on November 28 and ended on December 1 on the FCCU campus, has brought together several universities in a celebration of talent and empowerment. PR

BULC holds 3rd convocation

PROFIT NEWS DESK

Bahria University Lahore Campus (BULC) held its 3rd convocation on 2nd December, 2023. Rector Bahria University Vice Admiral (R) Asif Khaliq HI(M) graced the convocation ceremony as the Chief Guest and conferred degrees on the graduating students of Postgraduate and Undergraduate programs. In total approx. 615 degrees were awarded to the Undergraduate and Graduate students of Management Sciences department & Computer Sciences department. The Chief Guest awarded 32 Gold Medals to students from undergraduate and postgraduate programs. 25 Silver Medals were also awarded to students who achieved position in their respective programs. PR

Bank deposits in Pakistan reached a historic high of Rs25.6 trillion by the end of June 2023, as reported in the annual statement released by the Deposit Protection Corporation (DPC) on Friday.

According to the report, eligible deposits for protection under the DPC scheme experienced a net increase of Rs1.8 trillion, totaling Rs14 trillion, constituting 55 percent of the overall bank deposits at the end of June 2023.

Despite this surge, the report highlighted a year-on-year slowdown in deposit mobilization during the fiscal year 2023 compared to the previous fiscal year. The DPC, a subsidiary of the State Bank of Pakistan (SBP) responsible for providing deposit insurance, disclosed that the growth of deposits decelerated to 12 percent, down from 15 percent in the preceding year.

As of June 30, the report indicated that 98.9 percent of total depositors in conventional banking and 98.7 percent in Islamic bank-

ing are eligible for deposit protection in case of a bank failure. Regarding value, 52 percent of conventional banking and 63 percent of Islamic banking deposits are eligible for deposit protection.

Factors contributing to the increase in total deposits were attributed to a higher rate of return resulting from a tighter monetary policy stance and the expansion of banks’ branch networks. However, the report suggested that macroeconomic uncertainty, including inflationary pressures, and a slowdown in the inflow of foreign remittances by the Pakistani Diaspora might have contributed to the deceleration in deposit growth.

The annual report covered various aspects of the financial sector, highlighting the winding down plan approved by the federal government for the SME Bank due to insufficient capital and liquidity.

The State Bank of Pakistan proposed a plan to ensure that depositors are not adversely affected by the bank’s closure. Payouts to all SME Bank depositors were initiated based on the SBP’s proposed plan, aiming to maintain confidence in the banking system.

The report emphasized that efficient and well-functioning deposit insurance, such as that provided by the DPC, serves as a crucial financial safety net in the event of a small bank failure, alleviating distress for depositors

Peshawar Police launches 'find my cell phone' app to tackle rising mobile theft, snatching PESHAWAR

AZIZ BUNERI

Karachi: Sindh Caretaker CM Justice (retd) Maqbool Baqir calls on Governor Sindh Kamran Tessori at Governor’s House. Matters pertaining to law and order situation in the province, quality and timely completion of development projects in the city and arrangements for general elections in the province were discussed in detail on the occasion. PR

ergy by 2030 will also require governments and financial institutions to hike investments and address the high cost of capital that has stymied renewable energy projects in developing nations.

“The mismatch still exists between our potentiality and our limitations to attract investment,” said Najib Ahmed, a consultant at Somalia’s climate ministry.

Africa has received just 2% of global investments in renewable energy over the last two decades, the International Renewable Energy Agency said.

NUCLEAR NUDGE More than 20 nations also signed a declaration on Saturday aiming to triple nuclear power capacity by 2050, with U.S. climate envoy John Kerry saying the world cannot achieve “net zero” emissions without building new reactors.

“We are not making the argument that this is absolutely going to be the sweeping alternative to every other energy source,” Kerry said during a launch ceremony at COP28. “But … you can’t get to net-zero 2050 without some nuclear, just as you can’t get there without some use of carbon capture, utilisation and storage,” Kerry said. Global nuclear capacity now stands at 370 gigawatts, with 31 countries running reactors. Tripling that capacity by 2050 would require a significant scaling up in new approvals – and finance.

In response to the escalating cases of mobile phone theft and facilitate citizens in tracking stolen devices, the Peshawar Police has rolled out a mobile application – "Find My Cell Phone" (FMC).

The initiative aims to empower residents in Peshawar to buy and sell mobile phones securely while aiding law enforcement in curbing the trade of stolen devices. The Chief Police Officer (CPO) highlighted that the FMC app is expected to reduce illegal imports and assist in preventing the buying and selling of stolen mobile phones.

Mobile phone dealers are required to register through a form

on the app, ensuring that data on stolen or snatched phones is readily available.

Through the FMC app, users engaging in mobile phone transactions will have their names, birthdates, identification cards, and seller's image securely stored. This additional layer of information is anticipated to enhance transparency and accountability in mobile phone transactions.

Moreover, the collected data will be accessible not only to the Peshawar Police but also to the Control Room and relevant police stations through a dedicated app.

This integrated approach aims to streamline efforts in combating mobile phone theft and illegal trade within the city.

The CPO emphasized that this

initiative comes in response to a increase in mobile phone thefts and related crimes in Peshawar over the past few months. Unfortunately, failed negotiations and attempts to control the influx of stolen phones resulted in several individuals becoming victims of violent crimes.

Acknowledging the gravity of the situation, the authorities decided to introduce the FMC app to address the challenges posed by mobile phone theft. The app's implementation is part of a broader strategy to enhance security measures and protect the citizens of Peshawar. In the first phase, the application will be introduced in the provincial capital, Peshawar, and would later br extended to other districts of the province.

Other pledges took aim at coal, the most CO2-emitting fossil fuel.

France said it would rally a group of nations to ask the OECD to measure the climate and financial risks attached to investing in new coal assets, to deter private financiers from backing projects.

Coal users Kosovo and the Dominican Republic also agreed to develop plans to phase out their coal-fuelled power.

Meanwhile, nearly 50 oil and gas companies including Exxon Mobil signed the Oil and Gas Decarbonization Charter, an initiative driven by COP President Sultan al-Jaber to cut operational emissions by 2050. The charter was criticized by environmental groups who said the commitments were merely a distraction from the COP28 process and fail to deal with the emissions caused by burning fossil fuels.

“The pledge doesn’t cover a drop of the fuel they sell, which accounts for up to 95% of the oil and gas industry’s contribution to the climate crisis,” said Melanie Robinson, Global Climate Program Director at the World Resources Institute.

METHANE EMISSIONS The Biden administration on Saturday also unveiled final rules aimed at cracking down on U.S. oil and gas industry releases of methane, part of a global plan to rein in emissions that contribute to climate change.

Mushaal urges world to thwart India’s bid to replicate Gaza model in IIOJK

ISLAMABAD: Special Assistant to the Prime Minister on Human Rights and Women Empowerment, Mushaal Hussein Mullick called upon the world powers and UN bodies to wake up of their sweet slumber to circumvent the Indian initiative of implementing the Gaza model in Indian Illegally Occupied Jammu and Kashmir (IIOJK).Addressing a focused talk on “Anaylysis of Indian Kashmir Policy-Implications and Way Forward for Pakistan” organized by Natoinal Institute of Maritime Affairs (NIMA) as a Guest of Honor, Mushaal stated that the fascist Indian government turned the scenic valley into a world largest tortured cell and garrison city especially after revocation of article 370 and 35-A of constitution on August 5, 2019.Admiral (Retd) Muhammad Zakaullah NI(M) attended the focused talk as Chief Guest. Other Participants included Ms. Sabien Hussein Mullick (Focal Person to SAPM), Dr. Adam Saud (Dean H&SS BU), Mr. Syed Muhammad Ali (Security Analyst), and Amb (Retd) Nadeem Riyaz (President IRS). PR

Pakistan Commerce Minister visits KSA to finalize investment-related part of GCC FTA

Riyadh, Saudi Arabia: Dr. Gohar Ejaz, Pakistan’s Commerce & Industries Minister, led an Official delegation in Saudi Arabia comprising Secretaries of Ministry of Commerce and Board of Investment (BOI) and officials from Attorney General's Office.He held parleys with the GCC’s Chief Negotiator to finalize the investment-related part of the GCC Free Trade Agreement (FTA).The technical teams from two sides held extensive discussions on the remaining details of the investment chapter, including investment protection and facilitation. They also discussed the potential impact of the FTA on bilateral trade and investment flows. “This is a major step forward in our efforts to strengthen economic ties between Pakistan and the GCC.” said Ejaz. Investment chapter is an important part of the agreement, and we are confident that we can reach an agreement soon. PR

ICCPO stresses comprehensive strategy to prevent crime

According to the details, the Islamabad Capital City Police Officer (ICCPO), Dr. Akbar Nasir Khan, presided over a high-level meeting at the Central Police Office Islamabad to evaluate the current crime scenario, a public relations officer said.He said that, the meeting was attended by CPO Operations, SSP Operations, AIG Operations, SSP Investigations, all Zonal DPOs, SDPOs, and all Incharge police stations. During the meeting ICCPO scrutinized the performance of all divisions and issued directives to officers regarding crime prevention targets. Each officer underwent individual scrutiny, and those exhibiting poor performance were reprimanded. PR

Ravi Urban Development Authority stocktakes it's strategic goals for year 2023 LAHORE PR

Ravi Urban Development Authority (RUDA) conducted a thorough assessment of its preceding year's performance, unveiling an ambitious roadmap for the coming year in a forwardthinking strategy and goal development session.

The session, attended by key stakeholders, witnessed addresses from the Minister of Housing Syed Azfar Ali Nasir, CEO Imran Amin, and COO Mansoor Ahmad Janjua, underscoring RUDA's unwavering commitment to sustainable urban development.

The strategic session commenced with a meticulous review of RUDA's past year, delving into achievements, challenges, and

overall impact on urban development.

CEO Imran Amin and COO Mansoor Ahmad Janjua shared RUDA's strategic vision for the upcoming year, emphasizing innovation, efficiency, and sustainable practices. The leadership outlined goals that prioritize community engagement and inclusive development. The CEO stated, "Our goals for 2023 reflect our commitment to creating not just infrastructure but thriving communities—a testament to sustainable and inclusive urban development."

The Minister of Housing addressed the ceremony, commending RUDA for its pivotal role in advancing sustainable urban development. Highlighting the significance of collaborative strategies in addressing

urban challenges, the minister stated, "RUDA exemplifies the cornerstone of our vision for sustainable urban living, serving as a catalyst for positive change and progress in our communities."

The event was also attended by senior government officials from various departments of Punjab, highlighting the importance of a unified approach to urban development.

Moreover, certificates of appreciation were awarded to individuals who exhibited exceptional dedication and significantly contributed to RUDA's goals throughout the year. This recognition underscores RUDA's commitment to fostering a culture of professional excellence and teamwork.

NAB FILES RS1.2B GRAFT REFERENCE AGAINST PERVAIZ ELAHI, MOONIS NEWS

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LAHORE

SHAHAB OMER

HE NAB on Saturday filed a corruption reference in a Lahore accountability court against Pervaiz Elahi, his son and 11 others on charges of receiving Rs1.23 billion in bribes and kickbacks in connection with development projects in his home district of Gujrat.

According to the National Accountability Bureau (NAB), the case involves allegations of misuse of authority and receiving kickbacks amounting to Rs1.230 billion. This high-profile case centers on 116 development projects in Gujrat, funded under Supplementary Grants for the fiscal year 2022-23. The total cost of these projects was estimated at Rs30.948 billion. However, investigation revealed that the accused, including Ch Pervaiz Elahi and his associates received substantial kickbacks and bribes from these projects.

The inquiry, initiated by NAB Lahore, pointed out the alleged corrupt practices of Ch Pervaiz Elahi during his tenure as Chief Minister, along with his principal secretary Muhammad Khan Bhatti, and various officers of the Punjab Highway Department. The NAB accused these individuals of sanctioning projects against rules, making advance payments without actual work, and thus, violating the law for personal gain.

A detailed breakdown of the alleged kickbacks received by each accused person shows staggering amounts, with Ch Pervaiz Elahi and his son Moonis Elahi topping the list with a combined total of over Rs744 million. The list includes names and designations of all involved, with amounts ranging from millions to hundreds of millions.

In a turn of events, Ashfaq Ahmed, a Sub-Engineer from Gujrat, confessed to involvement in the corruption and agreed to return Rs50 million through a plea bargain with NAB. Additionally, two key fig-

Cypher Trial: Qureshi questions legitimacy of Official Secrets Act RAWALPINDI

STAFF REPORT

The Special Court hearing Cypher case resumed hearing on Saturday in Adiala jail and both Imran Khan and

ures – Sohail Akram and Mahr Azmat Hayat, both former engineers, have turned approvers against the main accused, revealing further depths of the scandal.

Moonis Elahi, now declared a Proclaimed Offender, has reportedly absconded abroad, along with his accountant Imtiaz Ali Shah.

The NAB Lahore’s prosecution team, led by DG Amjad Majeed Aulakh, has filed the reference in the Accountability Court based on solid evidence, marking a significant step in the battle against corruption. This case not only highlights the ongoing efforts to hold powerful figures accountable but also underscores the challenges in uprooting systemic corruption in key development sectors.

BACKGROUND OF THE CASE: The ex-chief minister was arrested in this case in August last, subsequently being granted bail by the court. The PTI president is, presently, facing several cases, including an FIA money laundering case and allegations of illegal appointments in

Shah Mahmood Qureshi were present along with their family members and lawyers.

As proceedings began in Adiala Jail, former foreign minister Shah Mahmood Qureshi questioned legitimacy of the act they were being tried under and maintained that even the president was oblivious to it.

He urged the special court to summon President Arif Alvi to testify regarding changes to the Official Secrets Act. The cypher case pertains to a diplomatic document that the Federal Investigation Agency’s charge sheet alleges was never returned by Imran. The PTI has long held that the document contained a threat from the United States to oust Imran as prime minister.

the Punjab Assembly.

Initially taken into custody on June 1 this year, the former Punjab CM has faced a series of releases and re-arrests, remaining in detention ever since. The legal challenges coincided with the state’s crackdown on the PTI that followed the violent May 9 protests that saw important government and military installations vandalised.

According to the NAB reference filed with the Lahore court, the suspects “with dishonest intent and by misusing their authority to collect kickbacks,” sanctioned additional schemes of the Highways Department in two constituencies of Gujrat under the supervision of Elahi, his son Moonis and their close aides.

“They misused their authority and official positions to get appointed their confidant and trustworthy officers in Punjab Highways Department, with dishonest intentions to get illegal monetary gains / kickbacks / commissions for themselves,” the reference claimed.

The then Premier Imran Khan had waved the document at a public rally in March last year, terming it evidence of a foreign conspiracy behind the no-confidence motion he faced at that time. The motion was carried a few weeks later and Imran’s government ended.

Special Court Judge Abual Hasnat Zulqarnain presided over the hearing of the cypher case, which was attended by Bushra Bibi, Imran’s sisters, Qureshi’s daughter Mehr Bano and son Zain Qureshi.

Questioning the ambiguity of the act, the former foreign minister asked the judge whether the trial was being conducted under the Official Secret Acts 1923 or 2023.

KP secures over $1b South Korean investment for power project PROFIT

NEWS DESK

The Khyber(KP) Pakhtunkhwa government has secured $1.03 billion in foreign direct investment for the 470megawatt Lower Spat Gah Hydro Power Project through a government-to-government agreement with South Korea, as reported by the CEO of Pakhtunkhwa Energy Development Organisation (Pedo) to the National Electric Power Regulatory Authority (Nepra). Nepra conducted a public hearing to discuss the concurrence application submitted by LSG Hydro Power Limited, seeking approval and compliance with technical standards for the Lower Spat Gah Project. The proposal includes determining the power purchaser at the tariff stage.

Pedo CEO Naeem

Khan, in a recent public hearing, stated that the K-P government would contribute 26 percent equity and has already signed an indicative term sheet with LSG Hydro Power, with the PC-I approval process underway. Highlighting the significance of the Lower Spat Gah Project, Khan emphasized its potential to bring economic stability to Upper Kohistan, currently one of the least developed districts in K-P. Projections indicate the creation of 7,000 skilled and semi-skilled jobs, marking a milestone as the first publicprivate partnership hydroelectric power project initiated by the K-P government.

Chief Operating Officer Choi Hoon Joon revealed that the Lower Spat Gah Plant is a high-head run-ofthe-river project designed as a “peaking power plant.” Its strate-

gic location, merely 660 meters from the 765-kilovolt National Transmission and Company Despatch (NTDC) line, ensures a low transmission cost when connected to the national grid. Upon debt repayment, the project is expected to produce electricity at Rs11.51 per kilowattsignificantly hour, lower than existing thermal power projects.

Lower Spat Gah is part of a cascade project, with two upstream projects of over 600MW. The developed infrastructure will facilitate the harnessing of power from upstream projects at an even more economical rate.

The commitment to the project is evident as the company plans to invest over $90 million in constructing a 22km access road to the site, along with three bridges, including a mega-bridge spanning the Indus River.

Sunday, 3 December, 2023

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Govt allocates exploration rights for six petroleum blocks despite limited response 6:10

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WINNING PARTIES COMMITTED A TOTAL MINIMUM INVESTMENT OF $23.25M OVER THREE YEARS PROFIT

NEWS DESK

In response to a tepid interest from bidders, the government announced the successful award of exploration rights for six petroleum blocks, while four others failed to attract any bids despite a deadline extension.

The Petroleum Division disclosed that a bid committee, led by the Director General Petroleum Concessions (DGPC), opened bids for onshore blocks to grant petroleum exploration rights.

Out of the six blocks that received bids, United Energy Pakistan, a subsidiary of the Hong Konglisted United Energy Group, emerged as the highest bidder for two blocks (100 percent). The remaining four blocks were secured by local and predominantly state-run exploration and production companies.

Pakistan Oilfields Ltd (PPL) led a joint venture with Oil & Gas Development Company Ltd (OGDCL) and Pakistan Petroleum Ltd (PPL), securing 40 percent, 30 percent, and 30 percent shares, respectively, in one of the blocks.

OGDCL claimed two other blocks with 100 percent ownership, while another block was jointly acquired by operator PPL with a 70 percent stake and OGDCL holding the remaining 30 percent.

The winning parties committed a total minimum investment of $23.25 million over three years for exploration activities. Additionally, successful companies are obligated to allocate over $540,000 for social welfare in the respective block areas.

In the event of hydrocarbon discoveries, the exploration and production firms plan substantial investments, reaching several hundred million dollars, for commercial well development.

The government had invited local and international exploration and production companies to bid for 10 exploration blocks in Sindh, Punjab, and Balochistan

by November 15, with an extension granted until November 30. Despite this, four blocks failed to attract any bids, reflecting challenges such as the departure of foreign firms due to macroeconomic and security conditions. Similar low interest was observed in June when the government offered 18 blocks for bidding, receiving offers for only three.

The exploration blocks covered six in Sindh, three in Balochistan, and one in Punjab. The four blocks that did not receive bids were in Punjab (Rachna-II), Sindh (Malir-II and Zamzama West), and Balochistan (Kalata North).

9 killed, 25 injured as passenger bus attacked in Gilgit Baltistan

ISLAMABAD GHULAM ABBAS

In a shocking incident on Saturday at 18:30 hours, a passenger bus bearing the registration No. BLN 4647 operated by K2 Trekkers, en-route from Ghizar district to Rawalpindi on the KKH Road near the Hodor area, fell victim to a horrifying attack by unidentified militants from the southern mountains.

The bus, carrying passengers, faced an indiscriminate barrage of gunfire, resulting in the tragic loss of nine lives and injuring 25 passengers.

According to initial reports, the victims and the wounded were swiftly transported to the RHQ Hospital in Chilas for urgent medical assistance.

Locals recounted that the aftermath of the gunfire rendered the bus uncontrollable, hurtling down the mountainous terrain until it collided with a cargoladen truck bearing the registration number HNZ-136.

The impact sparked a fierce fire on the truck, consuming its next section entirely.

Tragically, the truck driver succumbed to the accident, losing his life in the process. The multiple gunshots targeting the bus left it in a state of chaos, exacerbated by the subsequent collision and fire.

An official of the administration informed that five bodies were identified so far while three remained to be determined. He later confirmed that an injured person died later, bringing the toll to nine deaths.

The officials informed that most of the people belong to all of Pakistan, including Kohistan, Peshawar, Ghizer, Chilas, Roundu, Skardu, Mansehra, Swabi and one or two people from Sindh.”

Meanwhile, Diamer DC Captain (Rtd) Arif Ahmad confirmed the incident and said that two Pakistan Army soldiers were also martyred in the “cowardly act” while one personnel of the Special Protection Unit was injured as well. Diamer Superintendent of Police Sardar Shehryar said the first responders on the scene were police officers who moved the dead and the injured, adding that the truck which had collided with the bus was also on fire and its driver killed.

“The rest of the cars there were secured and moved from there in the form of a convoy,” he said, adding that the location was secured as well to collect evidence. GB Chief Minister Haji Gulbar Khan condemned the “cowardly act of terrorism”, said a statement issued from his office. Authorities are currently engaged in a comprehensive investigation into this gruesome incident, aiming to identify the attackers and discern the motive behind this brazen act of violence on one of the region’s pivotal transportation routes. The affected families grieve the loss of their loved ones, and the community vehemently demands swift justice for this appalling assault on innocent travelers.

Published by Asad Nizami at Qandeel Printing Press, 4 Queens Road, Lahore, for PT Print (Pvt) Limited. Ph: 042-36300938, 042-36375965. Email: newsroom@pakistantoday.com.pk