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

Pakistan PM uses World Governments Summit to call for independent state of Palestine
People walk past the heavily damaged Ayan Hotel in northern Gaza City on February 11, 2025. (AFP)
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Updated 11 February 2025

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

Pakistan PM uses World Governments Summit to call for independent state of Palestine
  • Gaza war has been paused since January 19 under ceasefire agreement between Israel and Hamas
  • Palestinian territory, encompassing Gaza Strip and West Bank, has been occupied by Israel since 1967

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




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

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


Trump imposes additional 25 percent tariff on Indian goods, relations hit new low

Trump imposes additional 25 percent tariff on Indian goods, relations hit new low
Updated 32 sec ago

Trump imposes additional 25 percent tariff on Indian goods, relations hit new low

Trump imposes additional 25 percent tariff on Indian goods, relations hit new low
  • US imposes tariff citing New Delhi’s continue imports of Russian oil
  • Move expected to hit key Indian export sectors including textiles, footwear

US President Donald Trump on Wednesday issued an executive order imposing an additional 25 percent tariff on Indian goods citing New Delhi’s continued imports of Russian oil, sharply escalating tensions between the two countries after trade talks collapsed.

The new measure raises tariffs on some Indian goods to as high as 50 percent — among the steepest faced by any US trading partner.

The move is expected to hit key Indian export sectors including textiles, footwear, and gems and jewelery and marks the most serious downturn in US-India relations since Trump returned to office in January.

It also comes as Indian Prime Minister Narendra Modi prepares for his first visit to China in over seven years, suggesting a potential realignment in alliances as ties with Washington fray.

“India will take all actions necessary to protect its national interests,” India’s external affairs ministry said in a statement, saying it was “extremely unfortunate that the US should choose to impose additional tariffs on India for actions that several other countries are also taking in their own national interest.”

It said India’s imports were based on market factors and aimed at energy security for its population of 1.4 billion.

Trade analysts warned the tariffs could severely disrupt Indian exports. The additional 25 percent tariff comes into effect 21 days after August 7, the order said.

“With such obnoxious tariff rates, trade between the two nations would be practically dead,” said Madhavi Arora, economist at Emkay Global.

Indian officials have privately acknowledged growing pressure to return to the negotiating table. A potential compromise could involve a phased reduction in Russian oil imports and diversification of energy sources.

A senior Indian official said New Delhi was blindsided by the sudden imposition of the new levy and the steep rate, as both countries continue to discuss trade issues.

Trump’s decision follows five rounds of inconclusive trade negotiations, which stalled over US demands for greater access to Indian agriculture and dairy markets.

India’s refusal to curb Russian oil purchases — which surged to a record $52 billion last year — ultimately triggered the tariff escalation.

“Exports to the US become unviable at this rate. Clearly, risks to growth and exports are rising, and the rupee may face renewed pressure,” said Garima Kapoor, economist at Elara Securities. “Calls for fiscal support are likely to intensify.”

Trump’s executive order does not mention China, which also buys Russian oil. A White House official had no immediate comment on whether an additional order covering those purchases would be forthcoming.

US Treasury Secretary Scott Bessent last week said he warned Chinese officials that continued purchases of sanctioned Russian oil would lead to big tariffs due to legislation in Congress, but was told that Beijing would protect its energy sovereignty.

The US and China have been engaged in discussions about trade and tariffs, with an eye to extending a 90-day tariff truce that is due to expire on August 12, when their bilateral tariffs shoot back up to triple-digit figures. 


Pakistan blames ‘Indian-sponsored terrorists’ for attack killing 3 paramilitary forces personnel

Pakistan blames ‘Indian-sponsored terrorists’ for attack killing 3 paramilitary forces personnel
Updated 06 August 2025

Pakistan blames ‘Indian-sponsored terrorists’ for attack killing 3 paramilitary forces personnel

Pakistan blames ‘Indian-sponsored terrorists’ for attack killing 3 paramilitary forces personnel
  • Militants kill 3 Frontier Constabulary personnel, driver of their vehicle in northwestern Karak city, reports state TV
  • Islamabad has seen rising attacks in KP province since November 2022 after its truce with Pakistani Taliban collapsed 

ISLAMABAD: Interior Minister Mohsin Naqvi on Wednesday blamed “Indian-sponsored terrorists” for an attack targeting the paramilitary Frontier Constabulary (FC) force in northwestern Pakistan that killed three personnel, state media said. 

According to the state-owned broadcaster Pakistan Television News, FC’s Lance Naik Mehmood Shah, sepoys Shahid and Rauf were killed when militants attacked their vehicle in Pakistan’s northwestern Karak city on Wednesday. The driver of their vehicle, Shahpur, was also killed in the attack. 

Local news channel Geo News quoted Karak District Police Officer Shehbaz Elahi as saying that the FC personnel were targeted while carrying out routine patrolling duties in Karak’s Garagri area.

“Federal Interior Minister Mohsin Naqvi has strongly condemned the terrorist attack by Indian-sponsored terrorists on a vehicle carrying FC personnel in Karak,” PTV News reported. 

Naqvi extended condolences to the families of the FC personnel and the driver killed, saluting their sacrifices for the nation. 

“Mohsin Naqvi emphasized that the sacrifices of these martyrs further strengthen our resolve in the fight against terrorism,” PTV News said.

Pakistan has witnessed an uptick in violence in its northwestern Khyber Pakhtunkhwa (KP) province since a fragile truce between the Tehreek-e-Taliban Pakistan (TTP) and the state broke down in November 2022. 

Pakistan’s security forces have been battling TTP fighters in KP, especially its tribal areas, which border Afghanistan. Islamabad has repeatedly blamed Kabul for not taking action against TTP and other militant groups that it alleges operate from sanctuaries on Afghan soil. Kabul denies the allegations. 

Islamabad also blames New Delhi for arming and training the TTP and insurgents in Balochistan, alleging they carry out subversive activities in Pakistan. India rejects the allegations and accuses Pakistan of exporting “terrorists” across the border into its country. 


Pakistan parliament passes resolution in support of Gaza, condemns Israeli military actions

Pakistan parliament passes resolution in support of Gaza, condemns Israeli military actions
Updated 06 August 2025

Pakistan parliament passes resolution in support of Gaza, condemns Israeli military actions

Pakistan parliament passes resolution in support of Gaza, condemns Israeli military actions
  • Resolution moved by lawmaker Shazia Marri condemns Israel’s reported plans to take full control of Gaza
  • Pakistani lawmakers urge government to highlight plight of Palestinians at UN, OIC and other global platforms

ISLAMABAD: The lower house of Pakistan’s parliament on Wednesday passed a resolution reaffirming support for the people of Palestine, condemning the Israeli military’s actions and Tel Aviv’s reported plans to take complete control of Gaza, state-run media reported.

Israel has killed over 61,000 Palestinians in Gaza since Oct. 7, 2023, in several military operations, drawing condemnations and outrage from nations across the world, including Pakistan.

Mediation between Israel and Palestine’s Hamas has collapsed despite intense international pressure for a ceasefire to ease hunger and appalling conditions in the besieged Palestinian territory.

“The House passed a resolution reaffirming Pakistan’s historic and unwavering support for Palestinian people and their struggle for freedom, dignity and justice,” state broadcaster Radio Pakistan reported.

The state media said the resolution was presented in the National Assembly by lawmaker Shazia Marri, who expressed concerns over the “continuing and escalating Israeli military aggression in Gaza,” which she said has resulted in the killing of civilians and widespread destruction of homes.

Pakistani lawmaker Shazia Marri tables a resolution condemning Israel’s reported plans to take full control of Gaza, at the National Assembly of Pakistan in Islamabad on August 5, 2025. (Handout/National Assembly)

Israeli media reported earlier this week that Prime Minister Benjamin Netanyahu favors a complete military takeover of Gaza for the first time in two decades.

The move would reverse a 2005 decision to pull Israeli settlers and military out of Gaza while retaining control over its borders.

“The resolution strongly condemned the recent statements and actions by Israeli authorities indicating plans for long-term occupation of Gaza, forced displacement of its population and efforts to erase the Palestinian identity of the territory,” the state broadcaster said.

It also condemned the use of starvation, siege and collective punishment as “tools of war,” emphasizing that these acts are war crimes under international law, the state media reported.

The lower house of the parliament urged the United Nations and the international community to fulfill their moral and legal responsibilities by taking immediate and concrete steps to end Israeli military actions in Gaza.

“The resolution urged the government to continue to raise its voice for the Palestinian people at all international forums, including the United Nations and the OIC [Organization of Islamic Cooperation],” Radio Pakistan said.

Pakistan, which does not have diplomatic ties with Israel, has consistently condemned Israel’s occupation of Palestinian land and its war on Gaza, and has called for the uninterrupted flow of humanitarian aid into Palestinian territory.


Pakistan releases agricultural census after 14 years, showing increase in livestock, cultivated areas

Pakistan releases agricultural census after 14 years, showing increase in livestock, cultivated areas
Updated 06 August 2025

Pakistan releases agricultural census after 14 years, showing increase in livestock, cultivated areas

Pakistan releases agricultural census after 14 years, showing increase in livestock, cultivated areas
  • Pakistan’s agriculture farm households increase to 11.7 million households from 8.3 million in 2010
  • Livestock population increased to 251.3 million in 2024 from 143 million in 2006, says census report

ISLAMABAD: Pakistan’s Planning Minister Ahsan Iqbal launched the findings of the 7th Agricultural Census 2024 on Wednesday, showing a marked increase in the country’s population of livestock, agriculture farm households and cultivated area, state media reported. 

Pakistan conducts its agricultural census every 10 years, with authorities conducting the last one in 2010. The main purpose of the census is to provide information about the agrarian structure of the country for baseline data for food security and better livelihood of the population, and to share estimates for the population of livestock. 

As per the findings of the census launched by Iqbal, Pakistan’s agriculture farm households have risen to 11.7 million households in 2024 from 8.3 million in 2010.

“As per the 7th Agricultural Census 2024 data, livestock increased to 251.3 million in 2024 from 143 million in 2006 with the growth of 3.18 percent per annum,” state broadcaster Radio Pakistan reported. 

The broadcaster said Pakistan’s cultivated area increased from 42.6 million acres in 2010 to 52.8 million acres in 2024, adding that 79 percent of the cultivated area in the country is irrigated by canals and tube wells. 

Speaking at the launching ceremony, Iqbal said agriculture remains the backbone of Pakistan’s economy, noting that it contributes significantly to the country’s GDP, exports and employment. 

“He commended the Pakistan Bureau of Statistics for introducing innovation, transparency, and precision in data collection, which is vital in planning for the country’s economic growth and prosperity,” Radio Pakistan said. 

Agriculture constitutes the largest sector of Pakistan’s economy, as per the Pakistan Bureau of Statistics (PBS), with the majority of the country’s population, directly or indirectly, depending on it.

As per the PBS, agriculture contributes about 24 percent to the GDP and accounts for half of Pakistan’s employed labor force. It is also the largest source of foreign exchange earnings.


Pakistan stocks hit all-time high as banking rally, rupee strength fuel optimism

Pakistan stocks hit all-time high as banking rally, rupee strength fuel optimism
Updated 06 August 2025

Pakistan stocks hit all-time high as banking rally, rupee strength fuel optimism

Pakistan stocks hit all-time high as banking rally, rupee strength fuel optimism
  • Pakistan stocks hit all-time high as banking rally, rupee strength fuel optimism
  • Banking stocks drive gains, HBL and NBP hit upper circuits during trade

ISLAMABAD: Pakistan’s benchmark stock index surged to a record high on Wednesday, driven by a sharp rally in banking stocks and a strengthening currency, as investors bet on continued macroeconomic stability and easing industrial tariffs under the country’s $7 billion IMF program.

The KSE-100 Index gained 2,051 points, or 1.43 percent, to close at 145,088 after rising more than 2,150 points during intraday trade.

“Banking stocks remained the star performers as HBL, NBP, MEBL, and UBL collectively contributed 1,017 points to the benchmark,” said Maaz Mulla, Vice President of Equity Sales at Topline Securities.

“HBL and NBP hit their upper circuits during intraday trade, although mild profit-taking toward the close trimmed some gains.”

Investor appetite remained strong, with traded volume climbing to 784 million shares and turnover reaching Rs 52.7 billion, both notably higher than in recent sessions. Bank of Punjab (BOP) led volumes with 67 million shares traded.

The rally comes as Pakistan shows signs of macroeconomic recovery following the IMF Executive Board’s approval of a new $7 billion loan program in September 2024. The program, which succeeded a short-term Stand-By Arrangement, focuses on structural reforms, energy sector overhauls, and fiscal consolidation.

The country’s rupee has also rebounded sharply in recent weeks, buoyed by steady remittance inflows and an aggressive crackdown on the dollar black market launched in mid-2024. Foreign exchange reserves have crossed $11.3 billion, according to central bank data, their highest level in nearly three years.

“Stocks [reached a] new all-time high amid strong economic outlook,” said Ahsan Mehanti of Arif Habib Corp.

“Surging rupee amid government subsidies for fully funded remittances scheme, surging global crude oil prices and government resolve to settle power sector circular debt easing industrial tariff, financial restructuring played [a] catalyst role in bullish close at PSX.”

Energy reforms, particularly the government’s recent plan to restructure circular debt and reduce industrial power tariffs, have played a central role in restoring investor confidence in manufacturing and large-scale industry.

Improved current account dynamics and a lower inflation trajectory, down to 12.6 percent in July from a high of over 30 percent in 2023, have also helped fuel sentiment.

Analysts say the market is likely to maintain momentum if policy continuity holds and reforms under the IMF program remain on track.