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GOVT HOLDS PTI RESPONSIBLE FOR US SANCTIONS, EU’S GSP PLUS LETTER

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Tuesday, 24 December, 2024 I 21 Jumada Al-Akhirah, 1446

PTI TO PRESENT DEMANDS IN WRITING AS GOVT, PTI COMMITTEES SET TO MEET ON JAN 2

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Rs 20.00 | Vol XV No 168 I 8 Pages I Karachi Edition

PPP DISTANCES ITSELF FROM ‘WITCH HUNT’ OF PTI LEADERS, WORKERS

STAFF REPORT

N the first sitting of the committees representing federal government and The Pakistan Tehreek-e-Insaf (PTI) on Monday was brief in nature and it discussed to frame Terms of Reference (ToRs) for the dialogue process. The government committee comprised of Deputy Prime Minister Ishaq Dar, Senator Irfan Siddiqui, Rana Sanaullah, Raja Pervaiz Ashraf, Syed Naveed Qamar, Abdul Aleem Khan and Dr Farooq Sattar. The PTI and its allied parties’ committee was represented by Asad Qaiser, Raja Nasir Abbas and Sahibzada Hamid Raza. Per sources privy to details of the meeting, Ishaq Dar accused PTI for working against national interests by defaming Pakistan abroad and the recent US sanctions on Pakistan’s missile programme and the statement of EU about withdrawing Pakistan’s GSP Plus status for trade. “Mr Dar also accused PTI for hiring lobbyists to work against the country which was an anti-Pakistan act. However, Asad Qaisar said that the EU’s statement was about military trials of civilians which was in violation of human rights conventions Pakistan has signed with the international community. On US sanctions, Qaisar said that PTI had already condemned the US sanctions and it was nothing to do with PTI,” the sources said. The sources said that Irfan Siddiqui also termed PTI’s campaign to halt foreign remittances as anti-Pakistan act but he was snubbed by Sahibzada Hamid Raza who said that Imran Khan stopped the call for remittances and had given di-

alogue a chance. PPP’s delegates distanced from ‘witch hunt’ of PTI leaders and workers, saying that the targeting of PTI was wrong and the PPP was against it, the sources said. However, PTI failed to fix the next meeting at early date as the govt was adamant on holidays. National Assembly Speaker Ayaz Sadiq, who presided over the meeting held at the Parliament House, later told media that the next session will be held on January 2 and PTI’s team would present a charter of demands in the meeting. He said that the PTI will present its demands in writing to the government’s negotiation committee. “We discussed things about past and present and I hope that if we work together for the country’s betterment, it will strengthen the political stability, strengthen democracy and help in dealing with challenges faced by Pakistan,” he added. He also requested media to see the development positively as the meeting’s environment was conducive. “We want to bring betterment in Pak-

istan and end the political polarisation in and outside the parliament,” he concluded. PTI leader Asad Qaiser apprised the meeting that other members of the PTI committee could not attend the emergency session as some of them are either

facing cases or are out of the country. Both the committees expressed good wishes for each other and declared Monday’s meeting as a positive move. Describing the Parliament as an important forum to resolve issues, they said the process of dialogue should continue.

Omar Ayub questions govt’s sincerity as PTI, govt talks begin ISLAMABAD: Pakistan Tehreek-eInsaf (PTI) leader Omar Ayub expressed skepticism over the government’s sincerity in the newly initiated negotiation process between the two sides, as talks commenced on Monday. “Today marks the first round of negotiations; we will observe and assess the government’s intentions,” Ayub told reporters outside the court. Dispelling rumors of internal discord within PTI, Ayub clarified that no recent meetings had taken place between the party’s negotiation team and its founder, terming reports of divisions as baseless. “There is no split among us,” he emphasized. Ayub also

shared that an earlier attempt to meet the party’s founder had been thwarted, as he was arrested on the same day. Earlier in the day, the Peshawar High Court granted interim bail to Ayub until January 20, shielding him from arrest. Chief Justice Ishtiaq Ibrahim presided over the hearing of Ayub’s petition for protective bail. The petitioner’s counsel argued that a First Information Report (FIR) had been lodged against Ayub at Islamabad’s Ramna Police Station. The legal team sought bail to allow Ayub to appear before the relevant courts without the threat of detention. STAFF REPORT

President Zardari, PM Shehbaz vow to take legal reforms forward through ‘consultation’ ISLAMABAD

STAFF REPORT

President Asif Ali Zardari on Monday held a crucial meeting with Prime Minister Muhammad Shehbaz Sharif at Aiwan-e-Sadr on Monday wherein they agreed to move forward with legal reforms and decisions through consultations with all political stakeholders. The meeting was attended by Deputy Prime Minister and Foreign Minister Senator Muhammad Ishaq Dar, Federal Minister for Interior Syed Mohsin Raza Naqvi, Khyber Pakhtunkhwa Governor Faisal Karim Kundi, former prime min-

ister Raja Pervez Ashraf, and National Assembly member Syed Naveed Qamar. Prime Minister Shehbaz Sharif expressed his best wishes for President Zardari’s health during the course of the meeting. The discussion centered around the country’s overall political, economic, and security situation. Both leaders reaffirmed their commitment to working together for the nation’s development and prosperity. They also discussed in details the legislative matters in Parliament. President Zardari assured Prime Minister Shehbaz of his party’s continued support and cooperation for the progress and stability of the country.

EU raises alarm over military court convictions of civilians in Pakistan ISLAMABAD

STAFF REPORT

The European Union (EU) has voiced serious concerns regarding the conviction of 25 civilians by military courts in Pakistan, stating the verdicts are inconsistent with the country’s international obligations under the International Covenant on Civil and Political Rights (ICCPR). In a statement issued by the European External Action Service (EEAS) in Brussels, the EU highlighted that Pakistan, as a signatory to the ICCPR, is required to ensure fair and public trials through independent and impartial courts. The convictions, handed down by a field general court martial on December 21, sentenced civilians to prison terms ranging from two to ten years for their alleged involvement in attacks on military installations during riots in May 2023. The EU noted that such actions may undermine Pakistan’s commitments to uphold human rights, a core

requirement under the EU’s Generalised Scheme of Preferences Plus (GSP+). The GSP+ grants Pakistan preferential trade access to the European market, supporting its economy and exports worth approximately €5.4 billion annually. The EU emphasized that beneficiary countries under GSP+ are obligated to effectively implement 27 international conventions, including the ICCPR. Failure to meet these obligations could jeopardize Pakistan’s preferential trade status. Legal professionals in Pakistan have also raised alarms about the implications of trying civilians in military courts, which they argue breach both international and domestic laws. Former Additional Attorney General Tariq Mahmood Khokhar pointed out that Article 14 of the ICCPR guarantees the right to a fair trial by a competent, independent, and impartial tribunal. He added that Pakistan’s own Constitution, under Article 10A, ensures the right to a fair trial. “The trial of civilians in military courts is prohibited

by national and international jurisprudence,” Khokhar stated, warning that such violations could have dire domestic and international consequences, including the suspension of Pakistan’s GSP+ status. Faisal Siddiqi, a lawyer representing civil society members in the military courts case, described the convictions as a “tragic echo” of Pakistan’s history under military rule. He criticized the lengthy sentences, which he claimed violated assurances made by the Attorney General of Pakistan before the Supreme Court. Siddiqi called the sentences “shocking” and warned that violating the Supreme Court’s undertakings could amount to contempt of court. The May 2023 riots followed the arrest of former Prime Minister Imran Khan and included attacks on military installations and monuments. The military described the incidents as “politically provoked violence,” leading to the subsequent trials and convictions. The EU reminded Pakistan that compliance with human rights and good governance standards, including the rule of law and judicial independence, is essential for retaining GSP+ status. Suspension of this status could result in significant economic losses for Pakistan, whose exports to the EU have increased by 65% since joining the scheme in 2014.

Bilawal slams federal govt for VPN, internet restrictions HYDERABAD

STAFF REPORT

Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Monday slammed internet slowdowns and restrictions in the country, calling them “another effort to control and censor citizens” amid his party’s tensions with the government. In recent months, users have experienced sluggish speeds, difficulty downloading media on WhatsApp, and intermittent connectivity issues. Digital analysts say the government has been testing a “firewall” that monitors some platforms and gives the power to block content, like photos or videos of rallies shared on WhatsApp. The government has said a ‘web management system’ was being updated for increased cyber security. Meanwhile, the relationship between the PPP and the federal government has grown rocky, as senior party officials expressed a “lack of confidence” in the federal government in December. In parliament on December 18, PPP MNA Abdul Qadir Patel expressed strong reservations about the ongoing internet situation in the country, including the ban on X and the firewall. The next day, senior PPP leader Naveed Qamar among other PPP lawmakers walked out of a parliament session in protest of the continued “insulting” absence of federal ministers from proceedings. Despite the party leaders’ reservations, Bilawal has urged them to continue engaging with the PML-N government. However, addressing the convocation ceremony at Sindh University in Jamshoro today, Bilawal said the issue related to internet restrictions needed to be addressed urgently. “Our infrastructure used to be roads, highways motorways. In today’s age, I believe it’s our bandwidth, our fibre optic cable, our wireless internet services. In the past, there were attempts to control and censor people as there are now,” he continued. “This is proof that you are strong and that they fear you because they do not want you to exercise your rights through the internet.” The PPP chairman mentioned that the ban on student unions was “another example of how they fear you”. Bilawal emphasised that the youth needed to fight for their rights and make their demands known. “We will need to fight for our rights and spread awareness. History is witness that when a people gets rights, they are taken away by the state.” The PPP chairman said that there needed to be a “digital bill of rights”, adding that the youth and students of this country must come together and write it. “For our time, we need to make efforts for a digital bill of rights. It must be written by the students and youth to make their rights known, not by old politicians in Islamabad who do not understand the internet because they do not use it. “It (restricting the internet and VPNs) has no impact on them but it hurts you,” Bilawal emphasised. “Once a bill is written, we will make a consensusbased document and I will bring it before parliament.” Bilawal said that in today’s world, “affordable … equitable access” to high-speed internet should be a “fundamental human right”, adding that there should be strict protocols to counter misinformation and ensure safety online. Addressing the participants he said, “You probably know more about this than I do. Please, send suggestions and pointers to me.”

Following EU, UK says trying civilians in military courts ‘lacks transparency’ LONDON

AGENCIES

The United Kingdom on Monday said the trial of civilians in military courts “lacks transparency” in its response to the recent sentencing of 25 civilians by a military court for their involvement in the nationwide May 9 riots last year. Following the arrest of PTI founder Imran on May 9, 2023, from the Islamabad High Court’s premises by paramilitary forces, riots erupted across the country that went on for at least 24 hours. The state subsequently launched a crackdown on the PTI and its supporters. Twenty-five PTI activists were sentenced to rigorous imprisonment ranging from two to 10 years by a military court for

their involvement in the May 9 riots, the military’s media wing said on Saturday. The convictions were objected to by the PTI, Human Rights Commission of Pakistan and the European Union (EU). In its response issued on Monday on the development, a spokesperson for the UK’s Foreign, Commonwealth & Development Office said: “While the UK respects Pakistan’s sovereignty over its own legal proceedings, trying civilians in military courts lacks transparency, independent scrutiny and undermines the right to a fair trial”. “We call on the government of Pakistan to uphold its obligations under the International Covenant on Civil and Political Rights (ICCPR).” The EU had also raised concerns regarding compliance with the ICCPR, saying that

the verdicts were “seen as inconsistent with the obligations that Pakistan has undertaken” under the covenant. In a statement issued a day ago, an EU spokesperson had said that in line with Article 14 of ICCPR, every person is entitled to a fair and public trial in a court that is independent, impartial and competent, and has the right to adequate and effective legal representation. “It also stipulates that any judgement rendered in a criminal case shall be made public,” according to the EU spokesperson. The EU spokesperson had reminded that under the EU’s Generalised Scheme of Preferences Plus (GSP+), beneficiary countries, including Pakistan, have voluntarily agreed to implement effectively 27 international core conventions, including the ICCPR, in order to continue benefitting from GSP+ status.


02 NEWS

PSX SEES MaSSivE BUyiNG aS KSE-100 iNDEX SURGES ovER 4,400 PoiNTS

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News Desk

HE Pakistan Stock Exchange (PSX) witnessed a remarkable rally on Monday as the benchmark KSE-100 Index surged by 4,411.27 points, closing at 113,924.41, marking a 4.03% gain. This was the second-largest single-day increase in the index’s history in terms of points. The session maintained positive momentum, with the KSE-100 hitting an intraday high of 114,189.71 points. Key sectors including automobile assemblers, cement, chemicals, commercial banks, fer-

SECOND-LARGEST SINGLE-DAY GAIN IN POINTS AS MARKET REBOUNDS ON POLICY RATE CUT

tilisers, oil and gas exploration, and power generation saw across-the-board buying. Prominent stocks such as HUBCO, PSO, MARI, OGDC, and HBL traded in the green. The rally followed the central bank’s recent policy rate cut by 200 basis points, reducing the rate to 13%, marking a cumulative decline of 900 basis points from its peak. According to brokerage house Topline Securities, the market rebounded from last week’s losses, spurred by specu-

SBP announces public holiday on December 25 for Quaid Day, Christmas PROFIT

Banks edge closer to 50% ADR target to avoid tax penalty g

News Desk

The State Bank of Pakistan announced a public holiday on Wednesday, December 25, 2024, on account of Quaid-e-Azam Day and Christmas. “The State Bank of Pakistan will remain closed on December 25, 2024 (Wednesday) being a public holiday on the occasions of Quaid-e-Azam Day and Christmas, as declared by the Government of Pakistan,” read a notification issued by the central bank.

Feroze1888 Mills to establish wholly owned subsidiary in UK PROFIT

News Desk

Feroze1888 Mills Limited announced that its Board of Directors has approved the establishment of a wholly-owned subsidiary in the United Kingdom. The company shared this development through a notice to the Pakistan Stock Exchange (PSX) on Monday in accordance with Section 96 and Section 131 of the Securities Act, 2015, and Clause 5.6.1(a) of PSX regulations. The company said that the approval to establish the subsidiary is subject to necessary legal and regulatory clearances. The development marks a significant step for Feroze1888 Mills as it expands its international footprint. Feroze1888 Mills Limited was incorporated as a Public Limited Company in October 1972 . The company is principally engaged in the production and export of towels.

NCCPL to collect Capital Gain Tax on December 31 PROFIT

News Desk

The National Clearing Company of Pakistan Limited (NCCPL) announced that it will collect the aggregate amount of Capital Gain Tax (CGT) for the period of November 1 to November 30, 2024, on Tuesday, December 31, 2024. The collection will be made through the settling banks of the clearing members. Clearing members are advised to ensure the availability of the requisite amounts in their respective bank accounts. The necessary details and reports for the said period have already been uploaded to the CGT System, facilitating compliance. The NCCPL also finalized the CGT amounts arising from trading of future commodity contracts on the Pakistan Mercantile Exchange (PMEX) and redemption of open-end mutual fund units for the same period. Relevant reports are available in the CGT System for review. Clearing members and the Pakistan Mercantile Exchange are instructed to verify investor-wise details of capital gains or losses and associated taxes through the provided reports and downloads. The NCCPL emphasized that in cases of partial or noncollection of CGT, actions would be taken as per the Rules and NCCPL Regulations.

lation that mutual fund selling had subsided. Equities have significantly outperformed other asset classes in Pakistan this year, with the KSE-100 delivering a 75% gain in 2024, including dividends, according to a report by Topline. The PSX had faced pressure the previous week, with the KSE-100 plummeting by 4,788.65 points in a single day, due to year-end profit-taking and mutual fund sell-offs. The Pakistani rupee showed a mar-

ginal decline, depreciating by 0.05% to close at 278.57 against the U.S. dollar in the inter-bank market. Market activity saw an increase in volumes, with 857.83 million shares traded compared to 754.92 million in the previous session. The total value of shares traded rose to Rs50.55 billion, up from Rs39.42 billion. WorldCall Telecom led the volumes with 71.05 million shares traded, followed by Cnergyico PK at 66.47 million shares, and Pak Elektron at 38.65 million shares. Out of 463 companies traded, 361 registered gains, 62 saw declines, while 40 remained unchanged.

potential government plans to imPRIVATE SECTOR LENDING HITS RECORD RS1.35 TRILLION, about plement taxation based on an annual average ADR, which could face resistance, EXCEEDING AVERAGE FOR LAST THREE YEARS particularly from foreign-owned banks. had improved to 49.7% as of December 6, up from 47.8% in November. Since August, the ADR has increased by 11.4 percentage points from its low of 38.4%, with advances rising 27.6% and deposits decreasing by 1.6%. Over the past four months, advances grew by 27%, enabling the banks to approach compliance until deadline of December 31, despite challenges posed by the high policy rate earlier this year. When the tax requirement was introduced in the FY25 budget, the policy rate stood at 22%, and the average ADR hovered just above 38%. Bankers have expressed concerns

PROFIT

News Desk

Banks are nearing the mandatory 50% advance-to-deposit ratio (ADR) target to escape the incremental tax imposed by the government. The State Bank of Pakistan (SBP) reported a record Rs1.35 trillion in private sector lending from July 1 to December 6, exceeding the average for the last three years. Banks also allocated Rs1.33 trillion to non-bank financial institutions (NBFIs) during the same period to enhance their ADR. According to a report by Arif Habib Ltd, the banking sector’s ADR

From July 1 to December 6, the government retired Rs1.7 trillion in net domestic debt, contrasting with net borrowing of Rs3.584 trillion during the same period last year. This unexpected liquidity surge forced banks to lend below the Karachi interbank offered rate (Kibor) to meet the ADR target, potentially impacting profitability. In 2023, banks saw record profits due to investments in risk-free government securities at rates exceeding the 22% policy rate. With Kibor now at 12% and the policy rate at 13%, further monetary easing may continue if inflation remains under control.

IFC, local banks to finance greenfield tyre manufacturing facility in Sindh g

$50.2M PROJECT AIMS TO BOOST LOCAL TYRE PRODUCTION, REDUCE IMPORTS, AND CREATE JOBS

tered vehicles has grown steadily to approximately 30 million, including 23 million two-wheelers as of 2023. Despite this growth, local tyre manufacturing has lagged due to limited technical expertise, reliance on imports, and a substantial informal market. The project aims to reduce this dependency on imports, thereby helping to conserve Pakistan’s foreign exchange reserves. Armstrong ZE Pvt. Ltd., a Pakistan-origin company operating in over 85 countries, expressed its commitment to shaping the future of tyre manufacturing in the country. “This investment is a strong vote of confidence in our vision and capabilities,” said Azim Yusufzai, Chairman of Armstrong ZE. IFC will also provide advisory support through its Responsible Investing Support in Emerging Economies (RISE) program, aimed at enhancing Armstrong’s climate risk management, resource efficiency, and environmental and social governance processes. Khawaja Aftab Ahmed, IFC’s Re-

PROFIT

News Desk

The International Finance Corporation (IFC), a member of the World Bank Group, and a consortium of Pakistani banks, including HBL, Meezan Bank, Bank Alfalah, and Habib Metropolitan Bank, have announced a financing package of up to $50.2 million to support Armstrong ZE Pvt. Ltd. in establishing a greenfield tyre manufacturing facility in Gharo, Sindh. According to a press release, the financing includes a $25 million loan from IFC and up to $25.2 million equivalent in Pakistani rupees from local banks. The project is expected to introduce a locally manufactured international tyre brand to Pakistan, creating over 1,800 direct and indirect jobs and transferring technology and expertise to the domestic market. The new facility is designed to address the increasing demand for tyres in Pakistan, where the number of regis-

PROFIT

News Desk

Pakistan imported mobile phones worth $570.167 million during the first five months of the current fiscal year (July-November 2024-25), reflecting a 7.52% decline compared to $616.518 million during the same period last fiscal year, according to data from the Pakistan Bureau of Statistics (PBS). In rupee terms, imports amounted to Rs158.514 billion, registering a 10.60% decrease from Rs177.311 billion in the corresponding period last year. Mobile phone imports showed a 14.32% decrease on a month-on-month (MoM) basis in November 2024, amounting to $149.375 million compared to $174.332 million in October 2024. On a year-on-year (YoY) basis, however, imports grew by 1.93 percent com-

gional Director for the Middle East, Pakistan, and Afghanistan, highlighted the broader economic impact of the initiative, noting its potential to improve consumer access to tyres, spur job creation, and increase productivity while reducing reliance on imports. Advisor to the Finance Minister Khurram Schehzad emphasised the project’s export potential, stating that it will not only cater to domestic demand but also help save and generate foreign reserves for the country. “Investor confidence is increasing, and Pakistan’s investment environment is steadily improving,” he remarked.

Tuesday, 24 December, 2024 | KARACHI

Two foreign firms win arbitration against PEL, retain 27.5% stake in Badin Blocks Petroleum Exploration (Private) Limited’s $483 million counterclaims were also dismissed; enforcement proceedings underway PROFIT

News Desk

Frontier Holdings Limited (FHL) and Spud Energy Pty Limited (SEPL), two foreign oil and gas companies, have won an arbitration case against Petroleum Exploration (Private) Limited (PEL) in the International Chamber of Commerce (ICC). According to a news report, the dispute arose when PEL attempted to forfeit FHL’s 27.5% working interests in the Badin IV South and Badin IV North Blocks, collectively referred to as the “Badin Blocks.” Frontier Holdings and Spud Energy initiated arbitration proceedings in the International Chamber of Commerce, challenging PEL’s actions. The ICC Arbitral Tribunal ruled in favor of FHL and SEPL, rejecting PEL’s claims and awarding full relief to the claimants. The tribunal dismissed PEL’s counterclaims of $483 million, declaring them unsubstantiated. The tribunal further ruled that PEL had breached the Settlement Agreement, and its attempt to forfeit FHL’s working interests was invalid. Consequently, FHL retains its 27.5% working interest in the Badin Blocks.In addition, the tribunal awarded approximately $7 million in damages to FHL and SEPL, which includes interest at a compounded rate of 2% per month. The interest will continue to accrue until the damages are fully paid.FHL and SEPL are now pursuing the enforcement of the arbitral award through the courts in Pakistan.

Greentree Holdings intends to acquire 35% stake in TRG Pakistan PROFIT

News Desk

Greentree Holdings Limited has announced its intention to acquire up to 35.145% of the issued and paid-up share capital and control of TRG Pakistan Limited. According to a filing at the PSX on Monday, AKD Securities Limited, acting as the Manager to the Offer, submitted the Public Announcement of Intention under the Securities Act, 2015, and the Listed Companies (Substantial Acquisition of Voting Shares and Take-overs) Regulations, 2017. “On behalf of the Acquirer, we are pleased to submit a Public Announcement of Intention to acquire up to 35.145% of the issued and paidup share capital and control of TRG Pakistan Limited (“Target Company”), subject to the receipt of regulatory approvals, if any,” read the notice submitted to the PSX. The intended acquisition by the acquirer is through a public offer of 50% of free float shares (35% of the total outstanding shares) in TRG Pakistan. Post-acquisition, the acquirer intends to acquire 64.7% shareholding and control in TRG Pakistan. The Public Announcement of Intention, according to AKD Securities, will be published on December 26, 2024, in newspapers. The acquisition remains subject to regulatory approvals. Greentree Holdings Limited was incorporated as an exempt company in Bermuda on August 13, 2020. It is a wholly-owned subsidiary of a Bermuda incorporated company, The Resource Group International Limited, which is an investment holding company.

Pakistan imports mobile phones worth Rs158 billion in five months

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MOBILE PHONE IMPORTS DROP 7.52% IN JULY-NOV FY25 AS LOCAL PRODUCTION SURGES

pared to $146.549 million in November 2023. The overall telecom imports, including mobile phones, stood at $794.363 million during July-November 2024, registering a marginal decline of less than one percent compared to $794.377 million in the same period of the previous fiscal year. Telecom imports fell by 21.41% MoM in November 2024, totaling $184.907 million compared to $235.287 million in October 2024. On a YoY basis, telecom imports dropped by 1.41% compared to

$187.544 million in November 2023. Meanwhile, local manufacturing continued to grow. Domestic manufacturing and assembling plants produced 22.59 million mobile handsets during the first nine months (January-September 2024), significantly outpacing the 1.17 million units imported commercially during the same period. In September alone, 2.15 million mobile handsets were manufactured locally, compared to 0.07 million imported commercially. Of the 22.59 million locally manufac-

tured handsets, 8.73 million were 2G devices, and 13.86 million were smartphones. Data from the Pakistan Telecommunication Authority (PTA) revealed that 64% of mobile devices in use on Pakistani networks are smartphones, while 36% are 2G devices. During FY23-24, Pakistan’s mobile phone imports stood at $1.898 billion, while imports during FY22-23 totaled $570.071 million. The latest trends reflect growing reliance on local production amid fluctuating import figures in the telecom sector.

PSX projected to surge past 165,000 level by December 2025: report

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MARKET EXPECTED TO CLIMB 55% ON MACROECONOMIC STABILITY AND DECLINING INTEREST RATES IN CY25, FORECASTS AKD SECURITIES PROFIT

News Desk

The KSE-100 Index, the benchmark index of the Pakistan Stock Exchange (PSX), is anticipated to continue its upward trajectory in the calendar year 2025 (CY25), with a forecasted return of 55.5% (49% in USD terms), driven by falling interest rates and improved macroeconomic stability, according to a report by AKD Securities. The index is expected to reach 165,215 points by December 2025, marking a strong performance following significant gains over the last two years. AKD Securities highlighted that the

benchmark index of the PSX is set to post another year of strong returns, as interest rates are anticipated to fall to single digits in CY25 due to a strong external account. Falling returns from alternative investments are expected to make equities the preferred asset class in 2025. The focus on structural reforms and tight fiscal and monetary policies under the IMF program is also expected to improve the investment climate and support market rally. The report noted that the KSE-100 Index outperformed its global peers in CY24, posting its highest return since 2002, with an approximately 70% gain in local currency terms and 72% in USD terms. Political sta-

bility, aggressive monetary easing by the State Bank of Pakistan, and a stable currency contributed to this performance. Globally, the KSE-100 ranked as the second-best performing market, trailing only Argentina. AKD Securities attributed the CY24 rally to strong profitability in key sectors, particularly fertilizers, sustainable returns on equity (ROEs) in banks, and improved cash flows for exploration and production (E&P) companies and oil marketing companies (OMCs). Investor confidence, initially driven by foreign investors and insurance firms in the first half of CY24, was further boosted by mutual funds in the latter half of the year. The report also provided a sectoral out-

look for CY25, maintaining an overweight stance on banks, fertilizers, E&P, cement, OMCs, autos, textiles, and technology, as these sectors are expected to benefit from monetary easing and structural reforms. However, the brokerage firm recommended a market-weight position for the power sector due to changes in independent power producer (IPP) contracts and an underweight stance on chemicals due to subdued margins. AKD Securities identified its top stock picks for CY25 as OGDC, PPL, MCB, MEBL, HBL, FFC, ENGRO, PSO, LUCK, FCCL, INDU, ILP, and SYS, citing strong fundamentals and growth potential across these companies.


NEWS 03

AHSAN DIRECTS IMMEDIATE RESOLUTION OF ISSUES HINDERING OPERATIONS IN RASHAKAI SEZ Tuesday, 24 December, 2024 | KARACHI

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stAFF rePort

INISTER for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Monday held a meeting with officials of China Century Steel Mills (Pvt) Limited, in line with the Prime Minister’s directives to remove all barriers impeding industrial development. The minister instructed the Board of

PM felicitates Men in Green on historic ODI series win against Proteas

The Chinese consultant cited examples from China, where land is often provided free of charge to industries in Special Economic Zones, emphasizing the need for similar incentives in Pakistan. Addressing concerns over power tariffs, the minister directed authorities concerned to maintain a reasonable distribution margin and ensure that the zone receives power at the same rates as regular consumers. Ahsan Iqbal also instructed the FBR to conduct a consumption survey in the

Investment (BoI), the Power Division and the Federal Board of Revenue (FBR) to address the issues hindering industrial development promptly. Specifically, he directed the Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) to confirm land prices to the company at the earliest, by their demands. KPEZDMC officials briefed the minister that the company had requested discounted rates for land per acre.

Providing enhanced travel facilities to passengers remains the top priority of Pakistan Railways: CEO LAHORE

LAHORE

stAFF rePort

Providing enhanced travel facilities to passengers remains the top priority of Pakistan Railways. It is encouraging to note that Pakistan Railways now possesses modern technology, enabling the production of new coaches locally. This achievement will eliminate the need for importing coaches from abroad. These remarks were made by the Chief Executive Officer (CEO) of Pakistan Railways, Aamir Ali Baloch, during an e-Kachehri while addressing public queries. Aamir Ali Baloch shared that Pakistan Railways successfully restored the opera-

APP

Prime Minister Muhammad Shehbaz Sharif has felicitated the Men in Green on historic clean sweep in the ODI series against South Africa. Paying glowing tribute to the Men’s cricket team here on Monday, the premier said that Pakistan Men’s cricket team was the first in the world to clean sweep South Africa in a three-match or more ODI series at their home soil. Shehbaz Sharif hailed the cricket team for excellent performance with the bat and ball throughout the ODI series and expressed the hope that the team would continue to win laurels for the country in future as well. The Prime Minister also praised Chairman Pakistan Cricket Board (PCB) Mohsin Naqvi and the team management for yielding exceptional results.

One Palestinian child killed an hour in Gaza: UN agency says

erstwhile FATA and PATA regions to estimate anticipated power consumption accurately. He questioned why such a high capacity had been approved initially, underscoring the need for better planning to avoid unnecessary delays in industrial operations. The minister also directed relevant officials to involve businessmen of the Peshawar Chamber of Commerce and Industry to consider their suggestions while solving the problem.

tions of the Bolan Express within just 45 days using its own resources. He also highlighted that railway tracks and bridges damaged by recent rains are being repaired entirely with internal resources. He further announced that a new train, modeled on the Green Line service, will soon be launched between Lahore and Karachi. Additionally, a phased plan to upgrade all coaches is underway. The CEO also issued immediate directives to the relevant Divisional Superintendents to improve facilities at stations such as Padidan and Sialkot, including the provision of clean drinking water, increasing the number of benches, and enhancing other amenities.

Senate body discusses UAE visa restrictions, housing projects, welfare of overseas Pakistanis

MoNitoriNg Desk

APP

ISLAMABAD APP

Senate Standing Committee on Overseas Pakistanis and Human Resource Development, chaired by Senator Zeeshan Khanzada, on Monday convened a session at Parliament House to deliberate on critical issues, including the UAE’s unofficial visa restrictions, housing projects, and the welfare of overseas Pakistanis. Senator Zeeshan Khanzada emphasized the urgency of addressing lingering visa concerns, noting public frustration over unresolved issues. ‘People are questioning when these matters will be resolved,’ he remarked, urging clarity on the underlying challenges, said a press release. Khanzada pointed out discrepancies in visa processing despite applicants fulfilling all requirements and stressed the importance of keeping the public informed through compliance updates and timelines. The Secretary of the Ministry of

necessary connections. He emphasized setting a two-month deadline to provide overseas Pakistanis with functional housing. Committee members discussed establishing dedicated immigration counters at international airports for Overseas Pakistanis. Senator Nasir Mehmood underscored the importance of maintaining these counters, especially for departing passengers. In addressing welfare services, Khanzada highlighted the plight of individuals whose passports had been confiscated, preventing their return to Pakistan. He called for urgent measures to facilitate their repatriation, particularly for those released from jail. The disparity in the service structure between OPF college employees and OPF Head Office staff was also brought to light, with the committee resolving to revisit the issue in a follow-up meeting. The session was attended by Senators Shahadat Awan, Gurdeep Singh, Nasir Mehmood, the Secretary of OPHRD, and senior officials from OPF and other relevant departments.

Overseas Pakistanis and Human Resource Development (OPHRD) clarified that the restrictions were not absolute, particularly in Dubai, where skilled labor remains unaffected. He acknowledged a recent decline in the demand for unskilled labor and highlighted the need to prioritize skilled workforce migration. He added that approximately 700,000 workers have been sent abroad this year. Senator Khanzada recommended inviting Overseas Employment Promoters (OEPs) to the next meeting for a detailed review of market demand and data accuracy. On housing projects, the Director General of Housing, Overseas Pakistan Foundation (OPF), reported that the Frontier Works Organization (FWO) has completed 95% of the work on a delayed project, initially set for completion in 2008. However, he said that litigation and unresolved liabilities have hindered progress. Senator Khanzada urged swift resolution of these issues, suggesting FWO clear its dues and involve IESCO for

PMD forecast cold and dry weather in most parts of country ISLAMABAD APP

Pakistan Meteorological Department (PMD) has forecast mainly cold and dry weather for most parts of the country during the next 24 hours. While very cold weather is likely in hilly areas during morning/night hours. Frost is likely to occur at a few places

HSBC, IFC partner to bridge emerging market trade financing gap PROFIT

UNITED NATIONS

The Commissioner-General of the UN agency for Palestinian refugees (UNRWA) , Phillipe Lazzarini, has said that in Gaza, a child is killed every hour by Israel’s deadly bombardments on the besieged enclave. “These are not numbers. These are lives cut short. Killing children cannot be justified,” the UNRWA chief said in a post on X. “Those who survive are scarred physically and emotionally,” he said. “They are losing their lives, their futures and mostly their hope,” he added. The UNRWA chief also said that Israel has violated all the rules of war in the Gaza Strip, highlighting the ongoing violations in the enclave, where Israel has continued its attacks for the past 14 months. “Escalation over the past 24 hours. More civilians are reported killed and injured,” he said. “Attacks on schools and hospitals have been commonplace. The world must not become numb. All wars have rules. All of those rules have been broken.” Lazzarini also emphasized that a cease-fire in Gaza is “long overdue,” calling for a halt to the attacks to protect civilians. Israel launched a genocidal war on Gaza on Oct. 7, 2023 that has killed more than 45,200 people, mostly women and children. The International Criminal Court issued arrest warrants last month for Israeli Prime Minister Benjamin Netanyahu and his former Defence Minister Yoav Gallant for war crimes and crimes against humanity in the enclave. Israel also faces a genocide case at the International Court of Justice for its war on Gaza.

Addressing a question about illegal encroachments on railway land in Faisalabad, the CEO instructed the Divisional Superintendent of Lahore to take prompt action to reclaim railway land from encroachers and land grabbers. Regarding the improvement of food quality and cleanliness on trains, the CEO emphasized the department’s responsibility to provide passengers with a clean and comfortable travel experience. He also urged passengers to play their part in maintaining cleanliness during their journeys. 35,000 participants participated in e-Kachehri and approximately 6,500 comments were received, which will be addressed accordingly.

in Islamabad, Potohar region and Khyber Pakhtunkhwa during morning hours. Smog/ fog (in patches) is likely to persist in plain areas of Punjab, Khyber Pakhtunkhwa and upper Sindh during morning/night hours. According to the synoptic situation, continental air was prevailing over most parts of the country. A shallow westerly wave was present

over Kashmir and adjoining areas. During the last 24 hours, cold and dry weather prevailed over most parts of the country, while very cold in hilly areas. However, light rain/drizzle was recorded at a few places in northeast Punjab while light snow was recorded at a few places in Murree, Galiyat and Kashmir. Smog/fog (in patches) persisted in a few plain areas of Punjab, Khyber

Pakhtunkhwa and upper Sindh. The rainfall recorded was in Kasur 05mm, Lahore (Airport 02, City 01) and Mangla 02mm while two inches snowfall was recorded in Murree. The lowest minimum temperature recorded was in Leh -09 C, Skardu -08, Gupis -07, Astore, Gilgit, Quetta -05, Bagrote, Kalam, Kalat -04, Chitral, Dir, Hunza -03C.

HSBC and the World Bank’s International Finance Corporation (IFC) will provide funding for trade transactions valued at up to $1 billion to address the financing shortfall in emerging market trade. The funding arrangement will see both institutions equally sharing the risk on a portfolio of trade-related assets held by banks across 20 countries in Africa, Asia, Latin America, and the Middle East, according to a joint statement issued on Thursday. This initiative aims to facilitate cross-border trade and strengthen exports in vital industries, mitigating the effects of geopolitical tensions and trade barriers that have disrupted supply chains and economic growth. Riccardo Puliti, IFC’s regional vice president for Asia-Pacific, emphasised the importance of the move, stating, “There is a substantial and ongoing trade-finance gap in emerging markets in the Asia-Pacific region.”

Sapphire Electronics signs deal to manufacture Samsung-branded products in Pakistan PROFIT

News Desk

Sapphire Electronics (Pvt) Limited, a wholly owned subsidiary of Reliance Cotton Spinning Mills Limited, has signed an agreement with Samsung Electronics Co. Ltd, Republic of Korea, and Samsung Gulf Electronics Co., FZE, UAE. The deal aims to manufacture and assemble Samsung-branded electronic products and home appliances for the Pakistani market. In a notification to the Pakistan Stock Exchange on Monday, Reliance Cotton Spinning Mills, the parent company, stated that the partnership would allow the company to produce and sell Samsung’s products locally. This move is expected to strengthen Samsung’s presence in Pakistan’s electronics and home appliance sector while boosting domestic production capabilities.

BRI collaboration highlighted as key for Pakistan’s vet sector BEIJING APP

“Collaboration with China within the framework of the Belt and Road Initiative (BRI) is crucial for advancing Pakistan’s veterinary technology sharing, knowledge exchange, and best practices in various fields, including vaccine development, production, and quality control,” emphasized Ms. Afifa Shajia, Education Attach at the Embassy of Pakistan in China. She made these remarks during the opening ceremony of an advanced workshop on veterinary drug and vaccine technology transfer for BRI countries, held from December 20 to 31 in Beijing. The workshop, chaired by Prof. He Cheng from the College of Veterinary Medicine at China Agricultural University, aims to build a coordinated response among BRI countries to secure livestock health and industry stability. “The workshop seeks to explore the needs of the livestock industry in BRI countries, discuss the potential for Chinese veterinary drugs, vaccines, and production technologies, and analyze veterinary drug

and vaccine regulations across China and BRI countries to enhance regulatory alignment,” said Prof Cheng. Key topics covered during the workshop include establishing a sustainable veterinary medicine and vaccine network among BRI countries, exchanging and promoting technology transfer in veterinary medicine, vaccines, and diagnostics. Participants also discussed understanding animal epidemic diseases, market trends, improving control measures, contributing to the animal surveillance network, and collaborating to detect the prevalence of major animal diseases and reduce cross-border infections through training programs and key-lab alliances. Additionally, participants will visit biotechnology enterprises in Beijing and Inner Mongolia for exchanges and interactions, China Economic Net (CEN) reported on Monday. Ms. Shajia further emphasized that joint research and development is another crucial area requiring immediate attention. “Pakistan is diligently working on infrastructure development, and we seek support for upgrading our laboratories and establishing modern production facilities within the country. By tap-

ping into Chinese expertise and resources, Pakistan stands to significantly enhance its livestock sector,” she said, adding that the workshop represents a positive step forward. The workshop, sponsored by the Ministry of Science and Technology of China and organized by China Agricultural University and the China Veterinary Medicine Association, attracts around 80 government representatives, experts, scholars, and entrepreneurs from China, Pakistan, Bangladesh, Cambodia, Iran, and Russia.

During the training session, Dr. Muhammad Mohsin Kiani, Sector Specialist for Livestock and Security at Pakistan’s Planning Commission, shared investment opportunities in the animal industry and vaccines under the China-Pakistan Economic Corridor (CPEC) framework in Pakistan. “Livestock is crucial to Pakistan’s agricultural sector, which is the backbone of the country’s economy. There is great potential for the development of genomic testing technology in Pakistan, industrial-scale feedlots

for beef exports, commercial shrimp farming for export markets, and farm mechanization in the livestock sector,” he noted. Muhammad Irfan Ghazi, CEO/President of Ghazi Brothers, shared insights into the market demand and sales model for veterinary vaccines and medicines in Pakistan. With about 20 years of collaboration with China, he highlighted China’s vast consumer market and fast-growing technology. “China has emerged as a pivotal partner in boosting our veterinary sector, ultimately leading to a surge in exports.


04 COMMENT

‘Autonomous weapons in warfare: Ethical challenges and future risks’

Tuesday, 24 December, 2024

Getting priorities straight

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N a move that reeks of double the government has formed an eight-member committee tasked with revising or introducing new allowances for government employees. This committee, which is expected to recommend salary hikes of up to 25 percent starting July 2024, is not only a questionable allocation of resources but also an obvious conflict of interest. At a time when the government is grappling with a revenue shortfall, the idea of boosting allowances for civil servants feels almost absurd. Yet, despite mounting financial pressures, the government appears keen on securing its own political base—prioritizing bureaucratic perks over fiscal responsibility. This initiative comes after numerous lobbying efforts by various employee groups, spurred by the recent hefty pay raises for judges. Prime Minister Shehbaz Sharif has appointed an eightmember committee, led by Finance Minister Muhammad Aurangzeb, to review and revise existing allowances for government servants. The membership of this committee, however, raises serious concerns. It includes not only the Finance Minister but also senior officials directly connected to the beneficiaries of the proposed pay rises: the secretaries of Finance, Cabinet, Defence, Interior, and Economic Affairs, and even the Minister of State for Finance, a batchmate to many high-ranking officers. There is a glaring conflict of interest here. The committee’s makeup violates the fundamental principle of fairness—it’s like letting the fox guard the henhouse. With those who stand to gain from the new allowances sitting on the committee, the very notion of impartiality is undermined. What’s more troubling is the hypocrisy at play. Just a week ago, the Finance Minister suggested revisiting the National Finance Commission (NFC) Award—a move that would roll back fiscal devolution and reduce provincial shares in favor of sustaining a bloated federal bureaucracy. Rabbani sharply rebuked this, accusing the government of trying to maintain its lavish lifestyle at the expense of provincial autonomy and constitutional integrity. The NFC, a critical pillar of fiscal decentralization, increased provincial shares significantly over the years. Yet, in the pursuit of more perks for its own, the federal government now seems intent on undermining this progress. The provinces will not stand idly by while the center attempts to violate the 1973 Constitution and reallocate their rightful share of resources. In a nutshell, the government’s priorities are clear: lavish perks for a select few at the top while undermining the constitutional framework that ensures fair resource distribution across the country. This is a classic case of misplaced priorities—one that not only exposes the government’s double standards but also risks deepening the fiscal crisis it purports to be solving.

“W

DawooD SarDar

HEN I came to you with those calculations we thought we might start a chain reaction that would destroy the entire world, I believe we did”. The above mentioned quote is from the multiple Oscar winning film Oppenheimer in which the lead character Dr. Robert J. Oppenheimer is talking to Einstein about the invention of the nuclear bomb. Even though the quote is about nuclear weapons, some might say that it better describes the AI powered lethal autonomous weapons systems (LAWS) more accurately in the modern times. According to the DOD 3000.9 Autonomous Weapons Systems can be defined as “A weapon system that, once activated, can select and engage targets without further intervention by an operator. This includes, but is not limited to, operator-supervised autonomous weapon systems that are designed to allow operators to override operation of the weapon system, but can select and engage targets without further operator input after activation.’’ The definition can be deemed as accurate but can also be viewed as a broad interpretation of the Autonomous Weapons Systems (AWS). According to this definition, we can conclude that the first AWS were the pit traps and that land mines are also autonomous weapons systems. It is not the type of weapon systems that come to mind when people think of Autonomous Weapons Systems. In modern times, the AWS are mostly used in order to describe the AI controlled unmanned weapon systems. Rapid digitalization has led to these modern autonomous weapons. Since the inception of warfare, humanity has always strived to be one step ahead of its enemy, whether it’s using some new projectile weapons or utilizing fire in a way the enemy gets startled. Centuries of this cycle has led us to present day where it is no longer hypothetical to fear a hoard of drones aiming at their target and taking the shot with no human operator. There are many benefits of AWS such as precision, flexibility in combat, prevention of loss of lives, the cost-effectiveness that these systems pro-

Dedicated to the legacy of late Hameed Nizami

Arif Nizami (Late) Founding Editor

vide. Another aspect of AWS is their uncomplicated nature in opposition to human based weapons. As an AI would theoretically never defy an order if it’s not programmed to do so. If we were to explain the current autonomy of weapons to some general from the 16 th century, he would probably think that humans have made “the perfect soldier”. The disadvantages of AWS include unintended consequences, proliferation to non-state actors and most importantly the ethical considerations of putting the lives of humans in the hands of a machine. LAWS could have long term effects on the strategic cultures of states, we would be looking towards a world where state relations are shaped by AI. There is an ongoing debate on the international level on whether the use of autonomous weapons systems should be continued or discontinued. If continued, what level of human oversight is absolutely necessary. If discontinued, what implications would there be to face. The discussion basically comes down to the concept of “Keeping a Human in the Loop”. There has yet been noconsensus on the status of these weapons and their use in the modern warfare. We see this technology being used in present day in varying capacities, whether it be the Ukrainians intercepting Russian communications, Turkish forces allegedly launching a fully autonomous drone attack on Libya in March, 2020, or even the active use of loitering munitions in the Russia-Ukraine and Israel-Palestine conflict. In this ongoing debate, there are some states that are in favour of keeping a human in the loop but others not so much. The advancement in AI based LAWS has led to an arms race once again. There is just too much utility for states to ignore. Therefore, we do not see major powers give a directive against it openly even though UN-Secretary General has tried to find a common ground between them. There is a game of chicken going on between the states which will supposedly determine the victor of this race. The future of LAWS is now at a more critical

Babar Nizami Editor Profit

T

omay aimen

HE enactment of American sanctions against Pakistan’s ballistic missile program is a deliberate move in the larger context of global geopolitics. The sanctions are not surprising, but they highlight a history of strategic hostility that aimed to undermine Pakistan’s sovereignty, specifically its nuclear deterrence. The development is reminiscent of Kissinger’s subtle threats and a history that was punctuated by both overt and covert efforts to destabilize Pakistan. As the United States and its allies want hegemonic power, the targeting of Pakistan—a nucleararmed Muslim state—indicates a purposeful effort to diminish the country’s strategic depth. The logic is clear: demolish the only Muslimmajority state capable of maintaining regional balance against hostile nations such as India and Israel. The latest sanctions are not a unique episode, but rather a continuation of a longstanding policy of containing Pakistan through economic, political, and military measures. The timing of these sanctions is significant, as it coincides with a period of global unrest caused by US-Israeli agendas. From Palestine to Iran, the Muslim world is ablaze, with Pakistan standing as a formidable outlier. It is believed by some analysts that the Zionist-driven narrative is aimed at destroying Pakistan’s nuclear arsenal as a final step in ensuring regional dominance. This goal necessitates weakening Pakistan’s military and fracturing the trust between its armed forces and the populace. The role of specific political force, accused of lobbying against Pakistan’s interests abroad, cannot be overlooked. Allegations of collusion with hostile intelligence agencies and attempts to undermine military cohesion add a layer of complexity to the sanctions. By leveraging internal dissent and external pressure, the U.S. aims to achieve what overt military intervention could not—the erosion of Pakistan’s strategic capabilities. It is necessary to analyze the effectiveness of these sanctions in the context of a changing global order. Russia, China, and Turkey are proving that the United States’ unipolar dominance is waning, as evidenced by their resilience against similar measures. Despite a barrage of sanctions, Russia’s economy continues to prosper, and China’s actions against US corporations signal a new era of economic parity. Turkey’s refusal to accept pressure against the S-400 missile system demonstrates Western sanctions’ waning effectiveness. Pakistan sees this shifting situation as a chance to turn eastward. Strategic partnerships with China, Russia and Turkey offer alternatives to American hegemony. The acquisition of advanced military technology from China, for instance, mitigates the impact of restrictions on Western defense supplies. Moreover, the establishment of economic corridors and trade agreements with these nations could bolster Pakistan’s resilience against economic coercion.

A multifaceted approach is necessary to navigate this new reality. Pakistan’s economic integration with the Belt and Road Initiative needs to be accelerated, with its geographical position as a conduit for regional trade being leveraged. Militarily, enhancing local defense capabilities and diversifying arms suppliers will lessen reliance on Western systems. Diplomatically, Pakistan must form alliances within the Muslim world to counteract the influence of US-aligned countries. The Organization of Islamic Cooperation (OIC) might serve as a forum for expressing collective complaints and forging a unified front. Internally, the government must address the root causes of political instability and economic vulnerability. This entails combating corruption, enhancing governance, and cultivating national unity to withstand external pressures. These sanctions have consequences that extend beyond the immediate economic constraints. This indicates an attempt to isolate Pakistan diplomatically and economically, similar to the tactics utilized against Iran and North Korea. Yet, history demonstrates that isolation often breeds resilience. Pakistan’s robust agricultural base, burgeoning tech sector, and strategic alliances provide a foundation for self-reliance. The country’s youth, comprising a significant portion of the population, represents an untapped potential for innovation and entrepreneurship. By investing in education, technology, and infrastructure, Pakistan can transform these challenges into opportunities for sustainable growth. The sanctions, instead of hindering the nation, could serve as a driving force for essential re-

form and diversification. Pakistan’s Public, all political parties across the board, and Military establishment are standing firm behind Pakistan’s military program. The US sanctions on Pakistan’s ballistic missile program reflect a broader agenda to curtail the rise of independent Muslim states capable of challenging Western dominance. US has infact never supported Pakistan’s nuclear program or missile technology, although India already has advanced missile systems but US supported them, shows Washington’s hypocrisy While these measures aim to destabilize Pakistan, they also highlight the limitations of traditional power structures in a rapidly evolving world. Pakistan’s response must be both pragmatic and visionary, leveraging its strategic partnerships and internal strengths to chart a path of resilience and self-sufficiency. The era of Western hegemony is coming to an end, and the future belongs to those who can adjust to the multipolar dynamics of the 21st century. So called Sanctions like these will not hurt Pakistan, instead it affirms that US will betray any of its partners when its interests are fulfilled (Pakistan has been a long standing partner of US on war against terror since 1980s). Pakistan has an opportunity to overcome adversity and redefine its position on the global stage, not as a subordinate state but as a sovereign power shaping its future.

The author is an independent researcher who writes on issues concerning national and regional security, focusing on matters having critical impact in these milieus. She can be reached at omayaimen333@gmail.com

A multifaceted approach is necessary to navigate this new reality. PakistanÊs economic integration with the Belt and Road Initiative needs to be accelerated, with its geographical position as a conduit for regional trade being leveraged. Militarily, enhancing local defense capabilities and diversifying arms suppliers will lessen reliance on Western systems.

Lahore – Ph: 042-36300938, 042-36375965

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Karachi – Ph: 021-32640318 I

The writer is a freelance columnist. He can be reached at dawoodsardarr@gmail.com.

The definition can be deemed as accurate but can also be viewed as a broad interpretation of the Autonomous Weapons Systems (AWS). According to this definition, we can conclude that the first AWS were the pit traps and that land mines are also autonomous weapons systems. It is not the type of weapon systems that come to mind when people think of Autonomous Weapons Systems. In modern times, the AWS are mostly used in order to describe the AI controlled unmanned weapon systems.

Turning challenges into opportunities M. A. Niazi

Editor Pakistan Today

point than ever, the powers that be need to set their priorities straight whether to live in a world where a simple error in programming could lead to a world war. Where the meanings of sovereignty, morality, ethics and the international landscape are shaped by the decisions made by machines or take calculated actions while we can control the fallout of this technology. There is a serious need for the international community to come to an agreement through formulation of binding treaties that balance innovation with human oversight. Actionable frameworks need to be put in place in order to make sure that the future of policy making is not algorithm driven and before we know it the negotiations are being done by robots with navy blue suits and bright red ties. Only through foresighted dialogue can the states come to a fruitful and acceptable arrangement as the biggest danger of LAWS is that they are likely to make decisions with no flexibility and their potential benefit is all the same.

Islamabad – Ph: 051-2204545

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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

Degree disillusion

DESPITE mandatory posts for PhD scholars being ‘available’ in the higher educational institutions across the country, there are more than 5,000 PhDs who are looking for jobs even after having the highest academic skills in various fields. An International Labour Organisation (ILO) report for 2023 shows that the ratio of employment in Pakistan is 47.6 per cent, while the number of unemployed people in the country has reached 5.6 million, which is 1.5 million more than what it was in 2021. This data is related to the labour class. On the other hand, a large number of scholars with PhD degrees in the country are unemployed. According to the PhD Doctors Association Pakistan, the number of unemployed doctorates in 2019 was 2,000, which has now increased to 5,000, and it is continuously increasing on an yearly basis. More than 1,400 young people earn their PhD degrees every year from local and foreign educational institutions; a large number of them are women. There has been an increase in the tendency of PhD scholars to work outside Pakistan. It seems being a PhD scholar in Pakistan is losing its appeal. When even the highest degree in the education system cannot provide an opportunity for honourable employment, this trend will only increase. PhD scholars spend precious money and time on higher education, and continue the learning process while putting everything else on hold. Does the Higher Education Commission (HEC) review the activities of its affiliated universities? All HEC-affiliated universities should be under obligation to offer PhD degree holders internship and visiting faculty positions at their university. Besides, PhD degree holders should also be recruited as lecturers at least on a contract basis if confirmed positions are not available. The PhDs currently hired as visiting faculty by universities already face exploitation, for they do not receive compensation for several months. Such is the indifference that it takes a year to get their compensation released. While universities offer meagre hourly compensation, there is hardly any amount left after tax deduction. While the monthly salary of an assistant, associate and full-scale professor goes up to Rs500,000, a teaching assistant gets hardly Rs40,000, or even less. Even a labourer earning a meagre daily wage seems to be in a better position financially, and is surely valued more than a PhD, despite significant contributions of scholars to society and academia. The authorities concerned should make it compulsory for the universities to give first preference to the highly educated rather than underqualified persons. We already lack in research and aca-demia, and by discouraging, exploiting and ignoring highly qualified scholars, we will keep dreaming of standing among the developing nations. DR TANVEER HUMA ANSARI HYDERABAD

Forest future

WITH forest cover constituting only about 2.5 per cent of the country’s total land area, Pakistan faces dire consequences in the shape of increased climate change impacts, loss of biodiversity, and exacerbated water scarcity. Forests not only help combat climate change by absorbing carbon dioxide, but also provide livelihood, protect soil, and maintain ecological balance. To address the issue, Pakistan must prioritise large-scale reforestation programmes. We need sustained efforts to restore our forests and increase the green cover. Local communities must be actively involved in forest management, as they are often the primary stewards of these resources. Empowering them with know-ledge and resources will ensure long-term success, and help combat illegal logging as well as encroachment. Additionally, we must enforce sustainable logging practices, allowing for timber extraction that does not harm the environment. Promoting forestbased industries, like eco-tourism and sustainable wood products, can contribute to the economy while protecting natural resources. By investing in our forests today, we can protect our natural heritage, mitigate climate change, and create economic opportunities for our future generations. SYEDA RAMSHA ABBAS RIZVI KARACHI

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COMMENT 05

A brief history of data protection and privacy Tuesday, 24 December, 2024

D

muhammad Farooq qamar

ATA protection and privacy history is as old as the US Constitution 1789. Historically, the civil liberties provided to Americans in the first, third, fourth, and fifth constitutional amendments are the starting point of data protection and privacy. In these amendments, the fundamental rights of citizens pertaining to freedom of religion, speech, expression, assembly, no accommodation of soldiers without the consent of the owner of the house, and protection against searches and seizures without warrants have been enshrined. These basic ideas of protection of the dignity of a man ultimately stand for protecting one’s liberty and privacy. Here began the evolution of data protection and privacy. Justice Louis Brandies of the US Supreme Court, along with Samuel D. Warren when he was a lawyer, wrote an article in the Harvard Law Review in 1890 titled “The Right to Privacy”. Both were pioneer writers who took their pens to protect data and the privacy of a natural person. This article is the most influential essay in American legal history, and it is considered the first writing on the issue of privacy rights in the US and around the globe. In this article, the writer questioned whether the existing legal structure is fair enough to protect an individual’s privacy. 1 In this article, the author further elaborated on the principle of the right to privacy, which has been discussed and elaborated as different from tort, libel, defamation, and breach of trust. The authors discussed in detail how the right to privacy differs from other common law principles, giving a new idea. In 1914, the US again became the pioneer in the protection of private rights of the masses by establishing the Federal Trade Commission (FTC) under the Federal Trade Commissioner Act (FTCA) in 1914 under the federal government. FTC’s purpose is to protect public rights from deceptive or unfair business practices of business entities. It also envisaged controlling unfair methods of competition through strict compliance with regulations, advocacy, research, and education. Another landmark event happened in 1917, when the Bureau of Investigation (BOI), while investigating foreign sabotage, started surveillance of various activities, including mail opening. Solicitor General Judge William Lamar ruled against the BOI’s mail opening

under the pretext of privacy protection. George Orwell, a novelist, wrote the novel ‘1984’, in which he imagined a totalitarian state of Oceania without privacy. The state covers public spaces, and all the masses are under the surveillance of state agents. Even thoughts are not free, and ‘thought police’ read the people’s minds. The United Nations Declaration of Human Rights, adopted in 1948, Article 12, protects every human being’s privacy. Almost all countries endorsed this Declaration. William L. Prosser, in 1960, wrote an article, “Privacy,” in which he discussed privacy law at length and carved out four torts that would allow one when his/her privacy is violated. These are 1. Intrusion upon the plaintiff’s seclusion or solitude or into his private affairs. 2. Public disclosure of embarrassing private facts about the plaintiff. 3. Publicity places the plaintiff in a false light in the public eye. 4. Appropriation of the plaintiff’s name or likeness for the defendant’s advantage. One of the seminal works and writings on individual privacy protection is by Alan Westin, who tried to illuminate the issue that the individual will determine when, how, and to what extent information about him/her is communicated to the world at large. In the 1960s and ‘70s, the US Supreme Court rulings related to privacy. Griswold v. Connecticut (1965) was a famous case in which all contraception was prohibited under the pretext of protection of marital privacy. A landmark decision in Katz v. United States (1967) extended Fourth Amendment protections against unlawful searches and seizures beyond citizens’ homes and property to anywhere a person reasonably expected privacy. The Eisenstadt v. Baird (1972) case guaranteed the right of unmarried persons to possess contraception according to their needs. The ruling was based on an earlier ruling in Griswold v. Connecticut. In 1972, United States v. US District Court, 407 US 297 (Keith Case), it was held that warrants are required for domestic intelligence surveillance. The Department of Health, Education, and Welfare (HEW) Secretary’s Advisory Committee on Automated Personal Data Systems (SACAPDS) developed the landmark report on records, computers, and the Rights of Citizens in 1973, which is known as the Report of the Secretary’s Advisory Committee on Automated Personal Data Systems. This report sets principles that

are the basic foundation of the current legislation on privacy protection worldwide. The Family Educational Rights and Privacy Act of 1974, or Buckley Amendment, is a US federal law protecting student education records’ privacy. It applies to all public schools and higher educational institutions. The Privacy Act of 1974 is a federal law in America establishing a code of ‘fair information practice on federal agencies’ regarding the collection, maintenance, use, and dissemination of personally identifiable data. Under this act, a privacy study commission has been established to monitor the activities of federal agencies regarding compliance with the act and issue its evaluation report. The Telephone Consumer Protection Act (TCPA) and the National Do Not Call Registry regulate telemarketing and automated telephone dialing. The TCPA prohibits some solicitation of telemarketing. On the other hand, the Do Not Call Registry gives consumers the option to refuse to receive telemarketing calls at all. This legislation established privacy in the field of telecommunication. The European Union 1995 organized an effort to enforce data protection and privacy in Europe. It was the first time a regional forum adopted data protection and privacy laws. European courts started adjudicating privacy cases under the Data Protection Directive 1995. Adopted by the European Union in 1995, the Data Protection Directive regulates the processing of personal data within the EU. Compared to the United States, the right to privacy is a more highly developed field of law in the EU. The General Data Protection Regulation (GDPR) superseded the Data Protection Directive in 2018. The Health Insurance Portability and Accountability Act of 1996 (HIPAA) was enforced to regulate the flow of health-related data and protect personal information maintained by the healthcare system and health-related insurance firms. It is also famous as the Kennedy-Kassebaum Act. It was approved in the 104th United States Congress during Bill Clinton’s era. Children’s Online Privacy Protection Act, COPPA, is a federal US law enforced in 1998. It regulates the digital data collection by websites or entities of kids less than thirteen years of age. It ensures that the concerned entity processing the data must get the consent of the parents or guardians and also sets down the methodologies for getting the consent. The legislation ensures data protection and privacy by kids’ data processors. The Clinton administration in 1999 established the office

How to use spy tactics in your daily life Perhaps the most valuable skills for a spy—and anyone genuinely invested in building relationships—is the practice of active listening

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It might be disappointing to learn that spies are more akin to great psychiatrists or teachers than action heroes like Jack Ryan leaping from helicopters. In reality, their most remarkable skills lie in their ability to forge deep connections with people—even their adversaries

TIME MAGAZINE

Jeremy hurewiTz

T the mention of spies, images of Hollywood characters come to mind. We all love James Bond in a tuxedo driving an Aston Martin DB5 to his latest mission or Jason Bourne’s seemingly robotic reflexes and superhuman strength when fending off attackers. But the reality of espionage is often more banal. My work with spies and years of research reporting on the intelligence world has shown that spycraft relies on the careful cultivation of relationships more than high-speed car chases or dramatic gunfights. Though real-life espionage may lack the explosive action of Hollywood spy plots, the skills CIA case officers employ are just as fascinating when we pull back the veil—and they’re also surprisingly useful in our careers and everyday lives. When a spy encounters a potential recruit, they study the person, gathering key details including where they are in a hierarchy; their opinions on a range of subjects; whether they feel appreciated in their job. But asking these questions directly will raise red flags. Repeatedly asking direct and sensitive questions will likely make a person guarded or suspicious—hindering the spy’s ability to cultivate a relationship with a potential recruit. Instead, spies use elicitation to more subtly and expertly draw out the information they’re seeking. These elicitation methods—or “triggers”—are rooted in human behavior. One trigger stems from humans’ tendency to respond in-kind in conversation. For example, if I mention the weather, you’ll likely also respond with a comment about the weather, perhaps adding commentary on a different or related subject without being provoked by a question. Likewise, if I tell you my favorite color, you’ll likely tell me yours without me needing to ask. Similarly, if you incorrectly attribute something to the person you are talking to, they will almost always correct you. If I say, “Didn’t you tell me your favorite color is blue?” it’s unlikely they’ll reply with a simple, “No, I never said that.” More often, they’ll respond: “No, my favorite color is actually green.” We are all the protagonists of our own story, and no detail about ourselves is too small to correct. This elicitation trigger is known as the tendency to correct. Other triggers include flattery—when you compliment someone, they often become slightly abashed and end up revealing more about their success than they would if questioned directly. Gossip is another effective elicitation tool—try introducing a provocative subject to the conversation, then sit back and listen as information flows and insights unfold. Finally, spies will often use awkward silences in their favor. Most humans are uncomfortable with conversation lulls and will blurt out something to break awkward silences—what’s said in these moments can be quite revealing. A colleague and former CIA case officer (who needs to maintain anonymity) quoted in my book said, “every good intelligence officer has a real bond with their agents on some level and some regard.” Spies will attest to how profound many of these relationships become. However, these connections are not the result of natural evolution but rather extensive cultivation. That closeness is a testament to the skills of case officers, especially considering that spies regularly engage and build rapport with individuals who pose threats to American safety—criminals, terrorists, diplomats from the world’s most odious regimes. In short: not the kind of company they’d choose to keep. Spies

overcome these hurdles in a few different ways. First, they practice what’s known as radical empathy. Spies recognize that nearly all humans, regardless of their flaws, possess at least one redeeming quality—some kernel of humanity a spy can focus on. A criminal might be a devoted family member, or a terrorist might engage in charitable acts. By scratching beneath the surface to uncover these positive attributes, spies are able to forge connections with even the most seemingly reprehensible individuals. Second, spies leverage the principle that vulnerability fosters intimacy. By sharing personal information and showing their own vulnerabilities, spies accelerate relationship development and bridge the intimacy gap with those they are cultivating. In fact, I regularly witness this concept play out in my own life. Just over a decade ago, I underwent surgery to remove a brain tumor, which resulted in hearing loss in my left ear. This often comes up in business settings when I need to reposition myself to hear better. When I share this personal story and show vulnerability, something remarkable happens. Nearly every time, the person I’m engaging with responds in kind and shares something intimate about themselves or a loved one. While not everyone has faced tragedy, we have all experienced misfortune, and this shared experience fosters connection. Spies use this tactic frequently, revealing genuine personal details to build rapport with their targets. For instance, one spy shared with me that discussing his autistic son has helped him connect more deeply with agents who have children with special needs. That said, intellectual curiosity is at the heart of a spy’s relationship toolkit. For example, at The Farm—the CIA’s famed training facility in Virginia—trainees are frequently paired with instructors from markedly different backgrounds and tasked with forming authentic connections. CIA veteran John Sipher grew up in an upper-middle class, urban background and recalls being paired up with someone from a rural background in a training exercise. His target was an avid deer-hunter and John’s task wasn’t to pretend he knew all about deer hunting, because he had actually never hunted. Rather, he simply needed to show sincere curiosity and get that person talking. But perhaps the most valuable skills for a spy—and anyone genuinely invested in building relationships—is the practice of active listening. All the previously mentioned skills and methods ultimately serve the larger goal of listening attentively and prompting the other person to elaborate with clarifying questions. When we feel listened to or heard, we also feel respected, and this respect is fundamental to building strong relationships. But active listening is hard. Many of us listen with the intention of replying rather than truly understanding. We’ve evolved to quickly absorb small bits of information and then formulate a response. But if you can focus on your target, maintain steady eye contact, calm your body language, and simply allow your target to speak, you may be surprised by how quickly your target will feel a fondness for and connection with you. It might be disappointing to learn that spies are more akin to great psychiatrists or teachers than action heroes like Jack Ryan leaping from helicopters. In reality, their most remarkable skills lie in their ability to forge deep connections with people—even their adversaries. In our increasingly polarized world, this ability to connect is something we can all learn from and apply in our daily lives—and makes spies pretty remarkable in my book. Hurewitz is the author of the book Sell Like a Spy and the Head of Interfor Academy.

of Chief Privacy Counselor in all government agencies, which used to deal with privacy-related issues under the Privacy Act and the Freedom of Information Act (FOIA). Peter Swire was the Chief Privacy Counselor for the administration within the Office of Management and Budget. This slot was like that of a Data Protection Officer in the General Data Protection Regulations (GDPR). The Gramm-Leach-Bliley Act (GLBA), or the Financial Modernization Act of 1999, is a federal law that made it compulsory for financial institutions to protect customers’ information in a specific way. This legislation envisages how and to what extent customer data can be shared with whom. It also allows customers to opt out of sharing their information. This law circumvents the procedures and options for data handling by financial institutions in the US. Federal Trade Commission’s Privacy of Consumer Financial Information Rule (Privacy Rule) ensures the act’s implementation in federal banking agencies, other federal regulatory authorities, and state insurance oversight agencies. With the increasing number of legislation and regulations, various agencies appointed the Chief Privacy Officer (CPO), a senior-level executive responsible for managing risk related to and ensuring compliance with information privacy laws. CPO portfolio exists in many firms, public departments, and private entities. The first CPO was posted in Acxiom, a consumer database marketing company, to implement data privacy laws. The same is true with M/s All Advantage, who hired a well-known privacy lawyer, Ray Everett, for the task. Following the terrorist attack on September 11, US Congress enacted the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act. There was a crisis legislation passed right after 9/11. It has almost trespassed almost fifteen pieces of legislation that protect civil liberties in America. Under this draconian law, civil liberties are trespassed in the name of homeland security. Moreover, a journey of decades of data protection and privacy was deleted. No doubt, it has almost undone all the great efforts for data protection and privacy up till now in the USA. The US Congress passed the E-Government Act in 2002, aiming to provide digital services to the masses in public sectors and regulate e-governance in the public sector. The central theme of the act is to ensure that all federal government agencies perform Privacy Impact Assessment (PIA) for any new

technology that manages information associated with personality identification. In 2003, California was the first state to introduce data breach notification laws. These laws envisage that any business or state agency dealing with personal data will disclose any personal data breach. California pioneered this kind of privacy legislation not only in the United States of America but also gave food for thought to the data breach concept in GDPR and later in the EU. In 2018 came the landmark legislation on data protection privacy ever in history, the General Data Protection Regulation (GDPR) by the EU. European Union Parliament passed this law in vogue in the European Economic Area (EEA). DGPR is a comprehensive legislation that provides a complete skeleton of substantive and procedural laws. It also contains the enabling clauses for the member states to harmonize the legislation as per their local needs. DGPR is more detailed and deals with data protection and privacy, which was implemented by the European Union (EU) and the European Economic Area (EEA) on May 25, 2018. It also applies to transferring personal data outside of the EU and EEA. Its scope is extra-territorial. The California Consumer Privacy Act (CCPA) is state legislation that regulates data protection and privacy during business transactions in California. It was promulgated in 2020. Its salient features cover data privacy issues related to consumers in business transactions within the state. After California, Virginia promulgated its privacy legislation in 2023 and became the second state to act on privacy protection in the United States of America. Finally, the EU took the lead and introduced the first-ever comprehensive AI governance model. The Artificial Intelligence Act is the first EU regulation on artificial intelligence (AI). The AI Act was promulgated recently by the EU in 2024, and it is a pioneer legislation around the globe. In this act, areas of AI systems have been divided into four risk levels, i.e., unacceptable risk, high risk, limited risk, and minimal or no risk. The code of ethics, standards, liabilities, and punishment are clearly defined in this enactment. It can be safely concluded that the EU and the US played a leading role in data protection and privacy. That is the same area that we call a free world. The writer is law graduate and a civil servant. He can be reach at farooqkamboh79@gmail.com

90 seconds to midnight: Surviving the atomic age ‘No country without an atom bomb could properly consider itself independent,’ said French President Charles de Gaulle

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The world is witnessing a new nuclear arms race. The US is spending $1.7 trillion to build the next generation of nuclear weapons and missiles. China is tripling its nuclear arsenal. Russia has launched into orbit a satellite capable of destroying the world’s space-based systems with nuclear weapons

NEWSWEEK

Thomas Bass

UCLEAR reactors were originally designed to make bombs. They still do, in what are called dual-use reactors. These produce plutonium while simultaneously generating electricity. Chernobyl was a dual-use reactor. People often pretend that bombmaking reactors have nothing to do with civilian power plants. Actually, the two are joined at the hip, relying on the same technology and personnel. They share the same infrastructure and produce the same radioactive material. The United States currently uses the civilian reactors of the Tennessee Valley Authority to make tritium for hydrogen bombs. A medium-sized reactor produces enough plutonium for 20 nuclear weapons per year. A breeder reactor produces enough for 50. The United States, with 93 reactors currently operating, plans to triple its nuclear power capacity by 2050. Zia Mian, a research scientist at Princeton, and his colleague Alexander Glaser, in their article on “Duel Use: Nuclear Weapons and Nuclear Power,” explain how the urge to build civilian reactors is really about building bombs. “There is a long history of how states have inter-woven their civil and military nuclear ambitions and capabilities. UK, France, China, Israel, India, and Pakistan built their nuclear weapons programs on an infrastructure developed supposedly for nuclear energy. Iraq, North Korea, and Iran, all signatories of the 1970 nuclear Non-Proliferation Treaty, concealed their nuclear weapons ambitions behind a ‘peaceful’ nuclear program.” The amount of plutonium unaccounted for or diverted by criminal gangs and rogue states now measures in the tons. Brokers sell plutonium and entire bomb-making factories on the black market. Abdul Qadeer Khan, who furnished nuclear weapons technology to Pakistan, Libya, Iran, and North Korea, advertised his services in a brochure decorated with a mushroom cloud. When Saudi Arabia, endowed with plentiful reserves of oil and gas, scrambles to build nuclear power plants, the country is not meeting its energy needs. It wants to build bombs. Again, to quote Mian and Glaser, with the italics in the original, “a nuclear program that is small—or even completely irrelevant—from a commercial perspective is generally large enough to support a substantial nuclear weapons program.” “No country without an atom bomb could properly consider itself independent,” said French President Charles de Gaulle. The Treaty on the Prohibition of Nuclear Weapons (TPNW) came into force in 2021. Four nations have voluntarily surrendered their nuclear stockpiles and weapons: South Africa, Belarus, Kazakhstan, and Ukraine.

As a warning to any nation that might consider following their example, Ukraine was invaded by Russia in 2014 and again in 2022. In the fall of 2024 Russia hit Ukraine with the first ballistic missile fired on European soil[TB6] . Designed to carry nuclear warheads, the Oreshnik missile reaches Berlin in 15 minutes, London in 20. In this case, the missile was armed with conventional explosives. A warning salvo, Russia said. The world is witnessing a new nuclear arms race. The United States is spending $1.7 trillion to build the next generation of nuclear weapons and missiles. China is tripling its nuclear arsenal. Russia has launched into orbit a satellite capable of destroying the world’s space-based systems with nuclear weapons. As a warning about how close we are to atomic holocaust, the Doomsday Clock stands at 90 seconds to midnight, the closest it has ever been since its invention in 1947. After creating the world’s first sustained nuclear chain reaction—prelude to building the atomic bombs dropped on Hiroshima and Nagasaki—Enrico Fermi stopped to ponder what he had done. “Where is everybody?” he asked his colleagues at Los Alamos over lunch one day: a question now known as the Fermi Paradox. Given the tremendous size and age of the universe, Fermi expected it to be teeming with extraterrestrial life. Where are the missing civilizations, and why have none been discovered? Along with nuclear fission, Fermi suspected that he may have discovered an iron law of knowledge. Once a civilization learns how to convert mass into energy, it will build atomic weapons and destroy itself. So where is everybody? Blown to smithereens, like exploding stars strewn across the universe. Our modern geological era, the Anthropocene, is time stamped with nuclear fallout from 1945 to the present. The atomic age has already produced a wide number of nuclear exclusion zones dangerous to humans and depopulated. These include Pacific atolls vaporized in mile-high explosions. Test sites in Nevada’s Great Basin. Hanford’s plutonium-producing reactors along the Columbia River. Disasters at Mayak and other Soviet bombmaking factories. The Red Forest at Chernobyl. The ghost towns around Fukushima, created after three nuclear reactors melted down and fourth reactor exploded in 2011. Learning to live in nuclear exclusion zones might be the one best skill for surviving the Anthropocene.

Thomas Bass, author of eight books and a contributor to The New Yorker, the Bulletin of the Atomic Scientists, The Wall Street Journal, Wired, Smithsonian, American Scholar, and other publications, will be publishing Return to Fukushima in 2025.


06 NEWS

No let-up iN Gaza cruelty as israeli strikes kill 28

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GAZA STRIP AGENCIES

AZA’s civil defence agency said Israeli strikes overnight killed at least 28 Palestinians, including at one family’s home and at a school building. There was no let-up in the violence in the Gaza Strip even as Palestinian groups involved in the fighting said a ceasefire deal was “closer than ever”. Israel has faced growing criticism of its actions during the conflict, including from rights groups accusing it of “acts of genocide” which the Israeli government strongly denies. Civil agency spokesman Mahmud Bassal said that at least 13 people were killed in an air strike on a house in central Gaza’s Deir el-Balah belonging to the Abu Samra family. Hours after the strike, a photographer saw residents searching through the debris for survivors, while others looked for belongings they could salvage. In a nearby compound, bodies covered in blankets were laid on the floor. Medics struggle to rescue patients after Israel orders hospital evacuation Bassal said that eight people including four children were killed in the attack

overnight strike killed three people in Rafah, in the south. And a drone strike early on Sunday hit a car in Gaza City, killing four people, the spokesman added. An Israeli foreign ministry spokesman hit back at the pontiff’s comments, saying they were “particularly disappointing” and showed “double standards”, singling out Israel for criticism. The remarks were “disconnected from the true and factual context of Israel’s fight against jihadist terrorism”, the spokesman said. Israel ordered the closure and evac-

on the school, which had been repurposed as a shelter for Palestinians displaced by the Israeli aggression A military statement said that a Hamas “command and control centre… was embedded inside” the school compound in the city’s east, adding that it was used “to plan and execute terrorist attacks” against Israeli forces. Images showed the damaged school building where mangled concrete slabs and iron beams lay strewn amid patches of blood. Bassal said in a statement that an

uation on Sunday of one of the last hospitals still partly functioning in a besieged area on the northern edge of the Gaza Strip, forcing medics to search for a way to bring hundreds of patients and staff to safety. The head of the Kamal Adwan hospital in Beit Lahiya, Husam Abu Safiya, said that obeying the order to shut down was “next to impossible” because there were not enough ambulances to get patients out. “We currently have nearly 400 civilians inside the hospital, including babies in the neonatal unit, whose lives depend on oxygen and incubators. We cannot evacuate these patients safely without assistance, equipment, and time,” said Abu Safiya. “We are sending this message under heavy bombardment and direct targeting of the fuel tanks, which if hit will cause a large explosion and mass casualties of the civilians inside,” he said. The Israeli military did not respond to a request for comment on Abu Safiya’s remarks. On Friday it said it had sent fuel and food supplies to the hospital and helped evacuate more than 100 patients and caregivers to other Gaza hospitals, some in coordination with the Red Cross, for their own safety.

China, Italy reiterate commitment to deeper collaboration, mutual prosperity MILAN

Tuesday, 24 December, 2024 | KARACHI

CORPORATE CORNER Malir Malangs, Gulshan Gabroos win matches at ktpl KARACHI

STAFF REPORT

Malir Malangs and Gulshan Gabroos won their matches on the ninth day of KTPL at Moin Khan Academy here. In the first match, Malir Malangs scored 71/3 in the first inning and 92/6 in the second to win the match by 7 wickets against Karachi Nights, who scored 61/7 and 100/1, respectively. Notable scorers from Malir Malangs were Mimran Khan with 30 and Abdul Rehman with 31 scored while Jahangir Shah scored 51 and Shaif Ullah Saife with 24 from Karachi Nights. Shafiq ur Rehman took 3 wickets from Malir Malangs and Awais Saleem and Mian Ghulam Ali Abbas each took 2 wickets from Karachi Nights. In the second match, Gulshan Gabroos scored 90/2 in the first inning and 116/3 in the second to win the match against Clifton Papular, who scored 91/6 and 89/5, respectively. Notable scorer from Gulshan Gabroos Bahadur Ali was with 66 while Fahad Mian Channu scored 33 from Clifton Popular. Ali Imran took 2 wickets, Asif Pathan, and Qadir Kashmiri each took 1 wicket for Gulshan Gabroos, while Abdul Salam and Jallat Khan each took 3 wickets and Zabiullah and Imran Abbas each took 1 wicket for Clifton Popular.

ptcl partners with iBM & GBM pakistan to modernize its it infrastructure using iBM technology

STAFF REPORT

Matt Gaetz accused of sex With Minor and Drug use in leaked ethics report WASHINGTON

NEWS DESK

A leaked House Ethics Committee report alleges that former Florida Rep. Matt Gaetz spent tens of thousands of dollars on drugs and sex, including with a 17-yearold high school student. The 37-page report, published by CNN and CBS News, accuses Gaetz of violating Florida’s statutory rape law, which sets the age of consent at 18, and breaching multiple House rules. The report details allegations that Gaetz paid $400 to “Victim A” for sex at a 2017 party when she was 17. Witnesses also claimed that during a 2018 Bahamas trip—reportedly gifted to him in violation of Ethics guidelines—Gaetz took ecstasy and engaged in sexual activities with four women. The committee concluded there is “substantial evidence” that Gaetz violated laws and ethical standards involving prostitution, statutory rape, illicit drug use, and obstruction of Congress. Gaetz has denied the allegations, filing a lawsuit to block the report’s release and citing his resignation from Congress as grounds to suppress the findings. In a statement, he acknowledged his past lifestyle, admitting to “partying” and “womanizing” but maintained that his actions were not criminal. The Ethics Committee investigation, initially announced in 2021, was deferred at the Department of Justice’s request due to a parallel criminal probe. After federal prosecutors declined to charge Gaetz, the committee resumed its inquiry, uncovering new witness testimony and evidence of improper conduct. Additional allegations in the report include the use of a fake email account by Gaetz to purchase marijuana and a directive to his chief of staff to fraudulently secure a passport for a woman he was involved with. Witness testimony also suggested that drug use during some encounters may have impaired participants’ ability to consent fully. Gaetz’s connection to Joel Greenberg, a former GOP official who pleaded guilty to sex trafficking a minor in 2021, further complicates the case. Greenberg’s cooperation with investigators reportedly provided key insights into Gaetz’s alleged behavior. The release of the report follows Gaetz’s resignation from Congress and his withdrawal as President-elect Donald Trump’s nominee for attorney general. Despite initial votes against publishing the findings, the Ethics Committee reversed its decision in December, citing public interest. This development has reignited debates about accountability for high-profile figures, with the allegations against Gaetz continuing to draw intense scrutiny.

Chinese and Italian officials, alongside business leaders, have reaffirmed their commitment to enhanced collaboration and mutual prosperity during the launch ceremony of the 2024 Development Report on Chinese Enterprises in Italy. The event, held on Friday in Milan, the capital of the Lombardy Region, featured key remarks from Yan Dong, president of the Chinese Chamber of Commerce in Italy (CCCIT). Yan highlighted the significant contributions of Chinese enterprises to Italy’s investment, taxation, and employment, despite challenges like protectionist policies and regulatory constraints. Emphasizing that the report offers recommendations to improve Italy’s business environment with its in-depth analysis of key areas such as employment, operations and regulatory challenges, Yan noted “we hope this report will enhance mutual understanding and foster deeper bilateral cooperation.” Based on survey data from 92 member companies, the report is the first comprehensive study of Chinese businesses in Italy. It ex-

ISLAMABAD STAFF REPORT

amines their operational status, contributions and challenges. Chinese Consul General in Milan Liu Kan also praised the report as a valuable resource for policymakers and business leaders. Reaffirming China’s commitment to peaceful development and mutual prosperity, Liu said, “China stands ready to share its development opportunities with Italy and the world, safeguard global free trade, and ensure the stability of industrial and supply chains.” Echoing this sentiment, Andrea Tabella, a representative from the Ministry of Enterprises and Made in Italy, reiterated the ministry’s commitment to stronger collaboration with the CCCIT to unlock new opportunities for mu-

tual growth. He underscored that the report would be a helpful guide for Chinese enterprises in Italy. Raffaele Cattaneo, secretary general of the Lombardy Region, has highlighted the region’s strategic importance in China-Italy economic relations, noting that the region attracts over 50 percent of Chinese investments in Italy, and that more than 60 percent of surveyed companies plan to expand their investments in the region over the next three years. Founded in 2021, the CCCIT is the sole officially recognized organization representing Chinese enterprises in Italy, boasting over 120 members spanning finance, telecommunications, technology, and manufacturing.

China urges Philippines to withdraw US mid-range missile system BEIJING

STAFF REPORT

The Chinese Foreign Ministry on Monday urged the Philippines to withdraw the U.S. mid-range missile system as soon as possible. Spokesperson Mao Ning made the remarks at a regular press briefing in response to a media query on the U.S. deploying its Typhon mid-range missile system in the Philippines. China has repeatedly stated its firm opposition to this issue, Mao said. Accepting the missile system – a strategic and offensive weapon – by the Philippine side, is a provocative and dangerous move to cooperate with external forces to create regional tension and confrontation, and provoke geopolitical confrontation and arms race, said Mao. The region needs peace and prosperity, not midrange missiles and confrontation, she said, urging the Philippine side to correct its wrongdoings, and withdraw the missile system at an early date. China provides $1 million in emergency aid to Vanuatu for disaster relief and reconstruction China has provided $1 million in emergency aid to Vanuatu to support disaster response and post-disaster reconstruction, according to an official release

Pakistan Telecommunication Company Limited (PTCL), the country’s leading ICT services provider, has partnered with GBM Pakistan and IBM to modernize IT infrastructure. This strategic partnership strives to boost PTCL’s operational efficiency while establishing a foundation for cutting-edge innovations and a comprehensive upgrade of Enterprise Systems.The initiative involves deployment of IBM Power10 servers across PTCL’s production, High Availability (HA) and Disaster Recovery (DR) environments. These state-of-the-art servers, equipped with mega processing power and robust security features, are set to enhance PTCL’s performance, enabling the organization to adeptly manage escalating data demands. Additionally, PTCL is integrating IBM Spectrum Scale to optimize data management processes and elevate scalability, ensuring a futureready infrastructure that can support its growth and innovation objectives.“We are proud to partner with IBM & GBM Paksitan” shared Jafar Khalid, Group Chief Technology and Information Officer, PTCL & Ufone 4G.

kabul hails saudi decision to resume activities at afghanistan embassy KABUL

AGENCIES

published on Monday by the China International Development Cooperation Agency. According to the agency’s spokesperson, Li Ming, China has coordinated with local Chinese company experts to conduct preliminary disaster assessments and has sent a medical team. The Red Cross Society of China has also provided $100,000 in emergency cash aid to Vanuatu, Li added. “Moving forward, China is willing to continue offering further assistance as needed by Vanuatu to help the country overcome its difficulties and rebuild as soon as possible,” Li said.

The Afghan foreign ministry on Monday welcomed Saudi Arabia’s decision to resume its diplomatic operations in Kabul, more than three years after Riyadh withdrew its staff during the Taliban takeover of Afghanistan. “We are optimistic about the possibility of strengthening relations and cooperation between Saudi Arabia and Afghanistan through the resumption of these activities,” said Afghan foreign ministry spokesman Zia Ahmad in a statement. “We will also be able to respond to the problems of Afghans residing in Saudi Arabia.” Riyadh had posted its decision to resume diplomatic operations in Kabul on social media platform X. “Based on the desire of the government of the Kingdom of Saudi Arabia to provide all services to the brotherly Afghan people, it has been decided to resume the activities of the mission of the Kingdom in Kabul starting on December 22,” it said. The Saudi Ministry of Foreign Affairs did not immediately respond to a request for comment about the level of Saudi representation in Kabul.

Luigi Mangione Pleads Not Guilty To Murder Of UnitedHealthcare CEO In New York NEW YORK ABIDOON NADEEM

Luigi Mangione, accused of murdering UnitedHealthcare CEO Brian Thompson, pleaded not guilty to state murder charges in a New York court on Monday. The charges, which include first- and second-degree murder, as well as weapons and forgery offenses, could result in a life sentence if convicted. At his arraignment before Judge Gregory Carro in Manhattan Supreme Court,

Mangione’s defense attorney, Karen Friedman Agnifilo, raised concerns about the fairness of the trial. She criticized the highly publicized perp walk, in which Mangione was escorted by heavily armed NYPD and FBI agents after being flown to New York by helicopter. “My client is being treated like a symbol, not a person. This staged perp walk prejudices his right to a fair trial,” Friedman Agnifilo said. Mangione, dressed in a maroon sweater, khaki pants, and shackles, is also facing federal murder charges that could

result in the death penalty, along with related charges in Pennsylvania, where he was apprehended after a five-day manhunt. While Mangione has pleaded not guilty to the Pennsylvania charges, he has yet to respond to the federal indictment. The case has attracted widespread attention, including criticism of New York Mayor Eric Adams for attending the perp walk. Friedman Agnifilo called the mayor’s presence “unconstitutional” and alleged it was a distraction from his own legal troubles. Adams is currently facing

federal charges related to bribery and fraud. Manhattan District Attorney Alvin Bragg described the killing as a “brazen, targeted” act, alleging that Mangione shot Thompson outside a Midtown Manhattan hotel on December 4. Mangione is currently detained at the Metropolitan Detention Center in Brooklyn, sharing the same facility—and legal representation—with Sean “Diddy” Combs. Mangione’s next court appearance is scheduled for February 21. The case continues to unfold with significant public and media scrutiny.


Tuesday, 24 December, 2024 | KARACHI

CORPORATE CORNER

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karachi: Special guest Salim Habib University Vice Chancellor Professor Syed Irfan Haider group photo with the winner of Sindh Open Snooker Championship Mohammad Faizan and other guests. Sports Head Umar Farooq, Tournament Director Waqas Younis and Adnan Dahri are also prominent on this occasion. PR

Almost Half Of Taxpayers Don’t See their Taxes Being Spent for the Public Good

PROCEEDS DEPOSITED INTO GOVERNMENT EXCHEQUER AS LEGAL PROCEEDINGS CONTINUE IN IHC PROFIT

NEWS DESK

ARI Petroleum Company Limited (MARI), one of Pakistan’s leading exploration and production (E&P) companies, has concluded the process of disposing of withheld bonus shares belonging to shareholders who failed to fulfil their tax obligations. In a notification to the Pakistan Stock Exchange (PSX), MARI stated that the proceeds from the sale of these shares had been deposited into the government exchequer to settle the outstanding tax amounts. The withheld shares included 10% for tax filers and 20% for non-filers, as required under tax regulations. The company noted that the release of the remaining shares, currently under lien, is contingent on ongoing proceedings at the Islamabad High Court (IHC). “The company is actively pursuing the necessary legal directions to resolve the matter,” MARI assured stake-

holders, adding that shareholders and the Central Depository Company (CDC) will be promptly updated on the court’s decision. MARI plays a critical role in Pakistan’s energy sector as the operator of the country’s largest gas reservoir, the Mari Gas Field in Daharki, Sindh. It is the secondlargest producer of natural gas in the country. The issue stems from MARI’s announcement in August 2024 of an extraordinary bonus share issuance of 800%—equivalent to eight shares for every one share held. The bonus shares, drawn from the Capital Redemption Reserve Fund and Revenue Reserves, highlighted the company’s robust financial position. However, tax liabilities associated with the bonus shares led to the withholding of shares for non-compliant shareholders. By completing the disposal process and depositing the proceeds, MARI aims to fulfil its regulatory obligations while awaiting the IHC’s guidance for the release of remaining shares.

Punjab Govt Empowers Children with Laptops, Instead of Giving Petrol Bombs: Azma Bokhari LAHORE

ISLAMABAD STAFF REPORT

Across the globe taxpayers support the idea of a fiscal contract – citizens agreeing to pay tax in exchange for services – but a global poll suggests that only a third see the deal working in practice.Globally the survey found that 52% of respondents agree that taxes are a contribution to the community rather than a cost (25% disagree, rest neutral), but only 33% agree that tax revenues in their country are spent for the public good (46% disagreeing, rest neutral). In addition, 32% agree that public services and infrastructure are a fair return for the taxes they pay (50% disagree, rest neutral).But the survey found that Latin American countries are consistently less positive than the regional averages for the sample countries in Africa and Asia. The findings are consistent with previous G20 survey results, where Mexico, Argentina and Brazil typically return lower trust and confidence scores than average.

Love Takes Flight: Fly Jinnah Makes Umer Aalam's Proposal Unforgettable ISLAMABAD

STAFF REPORT

Fly Jinnah took romance to new heights by facilitating a oneof-a-kind onboard marriage proposal for renowned celebrity Umer Aalam. With the help of the Fly Jinnah team, Umer planned a surprise that left his nowfiancé speechless, making the special moment truly unforgettable.In light of the ongoing Shaadi season, Umer wanted to create an extraordinary moment for his partner, and Fly Jinnah was proud to make it happen. This heartwarming milestone reflects the airline's dedication to creating experiences that go far beyond travel, making every journey extraordinary.Here’s to Umer and his fiancé—a love story that soared to new heights with Fly Jinnah. Wishing them endless happiness as their adventure continues!

Intellectual discussions Hallmark of 9th Adab Festival

ISLAMABAD

The Ninth Adab Festival presented by Lightstone Publishers, and Institute of Strategic Studies Islamabad – also the venue of the Festival -- packed in a day full of riveting discussions, book launches, and performances, here earlier today. The Festival was well-attended by literature and culture enthusiasts of all ages who could be seen flocking to one session after another all day.The day began with welcome speeches by Ambassador Sohail Mahmood, and Ameena Saiyid, the founder and director of Adab Festival. The first session set the tone of the Festival with a highly enlightening talk on ‘Jinnah’s Vision for Pakistan. A Call for Action’, featuring Yasser Latif Hamdani and Ilhan Niaz in conversation.The next session titled Leadership and Legacy, featured the launch of Zahid Hussain’s ‘A Dialogue with History.’ Panellists in this session included Zahid Hussain himself, Maleeha Lodhi, and Arifa Noor, while Salma Malik moderated the session. STAFF REPORT

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MARI COMPLETES DISPOSAL OF WITHHELD BONUS SHARES TO SETTLE TAX LIABILITIES NEWS

STAFF REPORT

Punjab Information Minister Azma Bokhari has said that CM Punjab Maryam Nawaz's joy at today's scholarship cheque distribution ceremony was truly noticeable. The Punjab government is providing laptops to children instead of petrol bombs. Under Maryam Nawaz's Leadership, the People of Punjab Are Experiencing Real Change. She added that there was a past era of turmoil of the "Fitna Party" in which the children of the nation were urged to "kill, destroy and make petrol bombs." Now, under the leadership of "Nawaz Sharif's" daughter, we are seeing a new era where children are being given "laptops" in their hands. For the convenience of students, electric bikes are being provided, interest-free loans for businesses are being given, and

FGEHA Successful Auction of Commercial Properties in Gulzar-e-Hijri Karachi, Generating Over PKR600m

KARACHI

The Federal Government Employees Housing Authority (FGEHA) conducted a highly successful auction of commercial properties in Sector 24-B, Scheme 33, Gulzar-e-Hijri, Karachi. The event took place at Professor Salim-uz-zaman Siddiqui Auditorium, ICCBS, Gate No. 04, Karachi University, Karachi, and witnessed active participation from a large number of investors.Approximately 40 commercial properties were offered for auction, out of which 21 properties were successfully sold, generating a record revenue of PKR 600 million – a remarkable achievement in the authority's history. The auctioned properties included 21 commercial shops and 18 commercial plots in Sector 24-B, Scheme 33, Gulzar-e-Hijri, Karachi.On this occasion, the Chairman of the Auction Committee expressed appreciation for the renewed investor confidence, terming it a positive development for the organization and the nation’s progress. The Auction Committee congratulated all investors and assured them of full cooperation and support. STAFF REPORT

scholarships are being awarded for children’s education. These children are the nation’s assets and future. The vision of Chief Minister Maryam Nawaz is to equip children with modern education so they can play a key role in changing the country's future. Our gov-

ernment believes in practical politics and public service, not in propaganda. This is why, in our one-year term, improvements are visible in every sector. The "Fitna Group" group had left no stone unturned in destroying every institution of Pakistan.

KE Maintains Uninterrupted Power Supply to 70% of Network

Cadet College Larkana Celebrates 33rd Parents Day with Pride and Unity

STAFF REPORT

STAFF REPORT

KARACHI

Following the company’s quarterly review, KElectric (KE) has reaffirmed that 70% of its network of 2,100 feeders remains exempt from loadshedding. The updated loadshed schedule is available on KE’s website, with immediate effect. In the remaining 30%, the duration of loadshed remains fixed between 6 and 10 hours. Customers can also stay informed through the KE Live App and KE’s WhatsApp service. The last quarterly review was conducted in September 2024.Timely bill payments and reduced electricity theft have improved power supply in several areas, including a complete exemption from loadshed as well. Such areas include: Orangi Sector 14-A to 14-F, 15-A and 15-B, Shamsi Colony, Feroz Shah Colony & Bangla Bazar, Korangi Sector 48-D & 48-B, and Shah Faisal # 2. Further areas have also been able to reduce the duration of loadshedding by 4 hours such as Baldia Sector 4-A to 4-C and New Saeedabad. Speaking on the matter, KE Spokesperson shared “KE is committed to providing a safe, reliable, smooth supply of electricity to its customers. The improvement shown by various communities affirms the importance of timely bill payment.

KARACHI

Cadet College Larkana as an Elite Institution of the interior Sindh has always played a positive role in providing the best environment for the competition among the cadets' for preparing them to face the challenges of the world besides the event 33rd Parents Day which Cadet College Larkana has organised in which the College has gathered the parents and guests to witness the physical, intellectual and moral development in cadets' personality. Cadet College Larkana has a unique and proud moment this time that the institution is celebrating its 33rd Parents day which is graced by father of martyred Ex Cadet Captain Haider Abbas, Syed Abbas Hassan being Chief Guest of the event which was celebrated on Monday, 23rd December, 2024 with great zeal and zest. This year this mega event was jointly celebrated by Cadet College Larkana and Shaheed Benazir Bhutto Girls Cadet College Larkana. Cadet College Larkana has always the privileged of contributing in the other fields besides others who have sacrificed their lives in the cause National Defense are : Major Mujahid Shaheed; Captain Shahid Bashir, the adjutant of the college and Captain Haider Abbas Shaheed.

realme launches waterproof smartphone, the realme C75

KARACHI: The world’s fastest growing smartphone brand realme has officially launched the realme C75, a revolutionary device with unparalleled water and dust resistance protection.It features the coveted IP69 rating, a rare inclusion across its price segment in Pakistan. The device is available for PKR 49,999/-. With the realme C75, the brand takes innovation to an entirely new level. Packed with features rarely seen in its price range, this device is designed to meet the demands of modern users: • IP69 Rating: Unprecedented water and dust resistance, capable of withstanding high-pressure and high-temperature water jets.• 6000mAh Battery with 45W Fast Charging: Offering all-day power with quick recharge times, ensuring seamless connectivity.• A r m o r Shell Glass Protection: Enhanced shock resistance for durability in everyday and rugged conditions.• Helio G92 Max Chipset with 90Hz Display: A powerful 4G chip with an octa-core design and clock speeds up to 2GHz delivering smooth gaming and multitasking experiences with crystal-clear visuals. Up to 8GB + 16GB dynamic RAM provides enough memory for games and apps to run smoothly.The realme C75 isn’t just about performance; it’s a revolutionary device designed for real-world durability. With its industry-leading IP69 rating, this phone redefines resilience by offering unparalleled protection against water and dust. STAFF REPORT

Build Asia to be held on Dec 24-26

KARACHI: Pakistan's flagship event for real estate, construction, and allied sectors will be held on December 24-26 at the Karachi Expo Center. The three-day event will showcase the latest trends, technologies, and innovations shaping the future of the construction industry and bring together key stakeholders from across the country. Several exhibitors from 10 different countries will participate in the event, which is expected to attract more than 35,000 visitors from over 42 ancillary sectors, including aluminum, brick, cement, glass, marble, paint, steel, tiles, and transportation. Farhan Anis, Vice President Ecommerce Gateway Pakistan said that Build Asia event will feature a range of activities designed to inspire and educate attendees with over 400 exhibitors will display state-of-the-art construction machinery, materials, and tools, offering unparalleled insights into advancements driving efficiency and innovation. Esteemed industry experts will lead panel discussions on topics such as sustainable construction, smart cities, and the integration of technology in building practices. The event serves as a vital platform to sustain this momentum by fostering collaboration and knowledge exchange among industry players. It also serves as a dynamic networking platform for professionals, investors, and policymakers to connect, share ideas, and forge strategic partnerships, he added. The construction sector plays a pivotal role in Pakistan’s economic development, including infrastructure development and urban growth. STAFF REPORT

Ministry of Human Rights Celebrates National Working Women’s Day 2024

ISLAMABAD STAFF REPORT

The Ministry of Human Rights commemorated National Working Women’s Day 2024 with female officers and officials from the Ministry, its attached departments, commissions, and various ministries. Federal Secretary for Human Rights, Allah Dino Khowaja, acknowledged the significant contributions of women in public service and emphasized the importance of fostering inclusive, equitable, and safe workplaces. He highlighted the Ministry's commitment to advancing policies that ensure equal opportunities, gender equity, and protection against workplace discrimination. He stated, "Today, we not only celebrate the professional achievements of women but also recognize their ongoing efforts to break societal stereotypes, dismantle workplace barriers, and ensure equal opportunities for all. Women in Pakistan have shown exceptional courage and resilience in overcoming gender biases and contributing significantly to public administration, education, healthcare, technology.

‘Clean Sweep Victory for Ahmed Shah-Ejaz Faruqi Panel in Arts Council of Pakistan Karachi Elections 2025-2026’

KARACHI: Arts Council of Pakistan Karachi elections for the year 2025-2026 saw a resounding victory for the Ahmed Shah-Ejaz Faruqi panel, with the Najam Ashraf Mubashir panel suffering a heavy defeat.In the presidential race, Muhammad Ahmed Shah garnered 1,977 votes, while his opponent Najamuddin Sheikh secured only 185 votes. For the position of Vice President, Munawar Saeed received 1,953 votes, while Secretary Professor Ejaz Farooqi won 1,942 votes. Noor Ul Huda Shah, candidate for Joint Secretary, got 1,891 votes, and Treasurer Qudsia Akbar secured 1,939 votes. On the opposing panel, Ashraf Jabbar Qureshi earned 187 votes, Mir Abbas Raza Mubashir received 155 votes, Mansoor Zuberi managed only 58 votes, and Treasurer Candidate Taseem-ul-Haq Haqqi secured 205 votes, while Iqbal Ahmad received 235 votes.For the Governing Body, Dr. Huma Mir topped the list with 1,908 votes,. STAFF REPORT


KP CABINET DECLARES STATE OF EMERGENCY IN KURRAM, KHYBER NEWS

T

PESHAWAR

STAFF REPORT

HE Khyber Pakhtunkhwa (KP) provincial cabinet on Monday approved the imposition of a state of emergency in the districts of Kurram and Khyber in response to the deteriorating security situation in the region. During the 19th cabinet meeting, chaired by Chief Minister Ali Amin Khan Gandapur, key decisions were also made to target individuals involved in money laundering and terror financing, alongside the approval for the establishment of a new girls cadet college in Dera Ismail Khan. Chief Minister Gandapur addressed the cabinet, clarifying that the unrest in Kurram is not an issue of terrorism, but rather a result of a local conflict between two groups. He expressed deep concern about the spread of sectarianism in the area, accusing certain elements of fabri-

cating false narratives to escalate tensions. “The people of the region desire peace, but some factions are deliberately stoking sectarian hatred,” said the Chief Minister, emphasizing the need for a factual understanding of the situation. He also pointed out that these groups are

creating misleading narratives to inflame the conflict further. In a bid to address the ongoing unrest, the provincial government is actively working toward a peaceful resolution, utilizing traditional mediation methods through multiple jirgas held at

various levels. The aim is to reach a sustainable and long-term solution to the issues plaguing Kurram. CM Gandapur also addressed the issue of illegal weaponry in the region, stressing that the provincial government does not tolerate armed groups retaining heavy weapons. He announced that efforts are underway to dismantle illegal armed checkposts by February 1. “There is no justification for allowing any group to possess illegal heavy weaponry,” he asserted, reaffirming the government’s commitment to restoring peace and order. Additionally, the cabinet discussed measures to seize properties of individuals involved in terror financing and money laundering, aiming to curb the growing threat of illegal financial activities supporting extremism. The approval of the new girls cadet college in Dera Ismail Khan reflects the government’s push to improve education and opportunities for women in the province.

PTI criticises govt for risking Pakistan’s int’l standing with military court sentences ISLAMABAD

Naqvi meets Shehbaz: discusses security situation LAHORE

STAFF REPORT

Federal Minister for Interior and Chairman Pakistan Cricket Board (PCB) Mohsin Raza Naqvi called on Prime Minister Muhammad Shehbaz Sharif on Sunday to discuss crucial national issues. The interior minister gave a detailed briefing to the prime minister on overall law and order situation in the country. The discussion encompassed ongoing efforts to maintain peace and security across Pakistan. The leaders also exchanged views on the current political scenario, deliberating on its potential impact on national stability and governance. PM Shehbaz Sharif expressed satisfaction with the measures taken to ensure law and order, commending the interior ministry’s efforts in maintaining peace and security.

Stay order issued on election tribunal’s review of NA-46 results ISLAMABAD

STAFF REPORT

The Islamabad High Court has issued a stay order on the Election Tribunal’s proceedings following a petition filed by Pakistan Tehreek-e-Insaf (PTI) candidate Amir Mughal. The court’s order halts the tribunal’s actions regarding his election petition, effectively preventing any further proceedings in the case related to Islamabad’s electoral constituencies. The Islamabad Election Tribunal had scheduled a hearing for cases concerning the three Islamabad constituencies on December 24, 2024. However, the High Court’s stay order temporarily suspends any actions related to the petitions, including the case involving Amir Mughal’s challenge against the results in constituency NA-46. Mughal, who contested the election from NA-46 and was defeated by MNA Anjum Aqeel Khan, had filed a petition challenging the victory. His legal counsel, Faisal Fareed Chaudhry, presented the case before Chief Justice Amir Farooq, who issued the order to suspend the tribunal’s proceedings. The court also issued notices to both parties, asking them to provide responses to the petition. The High Court’s ruling means the Election Tribunal will not be able to proceed with the case in NA-46 or the other constituencies under review, as the tribunal had also planned hearings related to them. Mughal’s legal challenge also includes questioning the appointment of a new election tribunal, which he claims was improper. Previously, last week, the Islamabad High Court had issued a similar stay order in response to a petition filed by PTI candidate Shoaib Shaheen, preventing the tribunal from continuing with proceedings concerning his election petition. The next hearing in the case is expected to be scheduled by the Registrar’s Office.

STAFF REPORT

Pakistan Tehreek-e-Insaf (PTI) Central Information Secretary Sheikh Waqas Akram has expressed concern over the European Union’s apprehensions regarding the sentencing of civilians by military courts. He warned that the EU’s concerns were well-founded, noting that these actions could not only isolate Pakistan diplomatically but also threaten its hard-earned preferential trade access with the EU. Waqas emphasized that the EU’s concerns about the military courts’ decisions being inconsistent with Pakistan’s obligations under the International Covenant on Civil and Political Rights (ICCPR) were valid. He pointed out that adherence to the ICCPR, which guarantees due process and fair trials, is crucial for Pakistan’s continued participation in the Generalized Scheme of Preferences Plus (GSP+). He stressed that the civilian detainees had been denied basic legal and constitutional rights, with military courts issuing unilateral verdicts. The PTI spokesperson also highlighted that Anouar El Anouni,

the EU’s spokesperson for foreign affairs and security policy, had raised legitimate concerns regarding the sentencing of 25 individuals involved in the May 9 attacks on state installations in Pakistan. Waqas called on the government to abandon its heavy-handed approach and cease ignoring the gravity of the situation. He warned that such draconian measures and misguided tactics would only deepen Pakistan’s crisis. He underscored the economic risks posed by the current approach, pointing out that the GSP+ scheme has been a cornerstone of Pakistan’s trade relationship with the EU since 2014. Losing access to this scheme could result in a loss of $1.5–2 billion in annual export revenues, severely impacting the country’s economy. Waqas expressed alarm that the government’s continued disregard for human rights, abuse of power, and unjust military court rulings could not only jeopardize Pakistan’s trade relations with the EU but also exacerbate the country’s problems both domestically and internationally. The PTI leader lamented that the country’s economic prosperity is closely tied to political stability, which he believes is being under-

mined by those in power who are more focused on consolidating their own rule than on serving the nation’s interests. He accused the ruling powers of disregarding Pakistan’s future, noting that they had stashed their ill-gotten wealth abroad while only coming to the country to govern. Waqas also strongly condemned the detention and harassment of the brother of a martyr from the Islamabad massacre, accusing the authorities of pressuring the family to withdraw their case. He called for an end to the relentless persecution of the heirs of the D-Chowk martyrs, warning that the nation would not tolerate such fascist and barbaric tactics. Lastly, Waqas vowed that PTI would continue to pursue legal avenues to bring those responsible for the Islamabad massacre to justice, including both the perpetrators and the masterminds behind the attack. Regarding the possibility of dialogue with the government, Waqas stated that it was still too early to judge the government’s seriousness, as the ongoing talks were only in the initial stages. He added that the situation would become clearer after more rounds of discussions.

Pakistan loses 30% of agricultural land to soil salinity, FAO report finds g

6.67M HECTARES AFFECTED; ANNUAL SALINISATION RATE MAY RISE 10% DUE TO CLIMATE CHANGE PROFIT

MONITORING DESK

Pakistan has lost 30% of its agricultural land to soil salinity and sodicity, according to a comprehensive assessment by the Food and Agriculture Organization (FAO) of the United Nations, marking the first major study of salt-affected soils in 50 years. The FAO assessment covers six Asian countries: Pakistan, Bangladesh, China, India, Malaysia, and Thailand. Among these, the extent of saline and sodic soils varies significantly, from 0.05 million hectares in Malaysia to 36 million hectares in China. Globally, 1,500 salt-tolerant species exist, but only 1% are utilized in Pakistan. Out of Pakistan’s 22 million hectares of agricultural land, 6.67 million hectares are affected by salinity and sodicity, the report states. The country’s total land area is 79.7 million hectares. While some crops such as cotton, sugar beet, barley, and date palm show salt

Tuesday, 24 December, 2024

PRAYER TIMINGS FAJR SUNRISE

ZUHR

ASR MAGHRIB ISHA

6:10

1:30

3:45

JUI-F’s Zabid Reki retains seat as tribunal dismisses PML-N plea 6:57

5:05

6:45

QUETTA

STAFF REPORT

An Election Tribunal on Monday rejected a plea filed by Pakistan Muslim League-Nawaz (PML-N) candidate Mujeebur Rehman Muhammad Hassani, challenging the victory of Jamiat Ulema-e-Islam-Fazl (JUI-F) candidate Zabid Ali Reki from PB-31 Washuk in the general elections. Justice Abdullah Baloch, presiding over the tribunal, announced the reserved judgment, stating that the petition was dismissed due to a lack of sufficient evidence to substantiate the allegations of rigging. The tribunal found that the petitioner failed to provide adequate proof to support his claims. During the proceedings, Zabid Ali Reki’s legal team, comprising Kamran Murtaza, Qazi Najeeb, and Baloch Khan, defended their client. In contrast, the petitioner and his counsel were absent from the hearings. Representatives from the Election Commission of Pakistan (ECP), Shahzad Aslam and Naseer Ahmed, were also present. Zabid Ali Reki was declared the winner from PB-31 Washuk in the general elections, securing 17,058 votes against PML-N’s Mujeebur Rehman, who garnered 16,008 votes. Hassani had filed the plea citing irregularities and rigging but failed to convince the tribunal. Separately, in another election-related development, Pakistan Tehreek-e-Insaf (PTI) recently lost a Sindh Assembly seat (PS-112) to Pakistan People’s Party (PPP) following a vote recount. PTI’s Sarbuland Khan was defeated by PPP’s Asif Moosa after the Election Commission of Pakistan revised the results. Asif Moosa took the oath as a member of the Sindh Assembly following the recount, which placed him at 11,724 votes compared to Sarbuland Khan’s 9,943. The Election Tribunal’s decision underscores the importance of concrete evidence in contesting election outcomes while highlighting the evolving political dynamics in Pakistan.

Funeral prayer of inspector Ashiq Khan offered at Police Lines HQ ISLAMABAD

STAFF REPORT

The funeral prayer of Inspector Ashiq Khan of the Islamabad Capital Territory (ICT) Police was offered at Police Lines Headquarters with full state honors on Monday. Senior police officials, including DIG Headquarters Jawad Tariq and DIG Law & Order Shakir Hussain Dawar, along with a large number of officers and personnel, participated in the prayer, a police spokesperson told APP. A smartly turned-out contingent of police personnel presented a guard of honor. Senior police officials draped the coffin with flower wreaths and recited fatiha and the police officers shouldered the coffin and later the body was sent to his respective native town. On this occasion, DIG Headquarters Jawad Tariq condoled with the bereaved family and assured them of the Islamabad Police’s unwavering support. He emphasized, “Every officer and personnel in the police force is a valuable asset, and their families will always be taken care of.” The DIG issued directives to senior police officers to provide comprehensive support to the family of the deceased and ensure their welfare. Inspector Ashiq Khan had served the ICT Police with dedication and professionalism, leaving behind a legacy of service and integrity.

Any decision on civil disobedience rests with party’s founder: Yousafzai PESHAWAR

STAFF REPORT

tolerance, they do not exhibit the full resilience of halophytes. Rice is the most cultivated crop in saline and sodic conditions in the country, followed by wheat, cotton, and barley. These crops are irrigated using brackish water, a practice also observed in Bangladesh, India, and Malaysia. The report warns that soil salinisation rates could increase by up to 10% annually due to climate change, poor agricultural management practices, and natural processes, posing a growing threat to regional food security.

In many countries, including Pakistan, comprehensive data on the total extent of salt-affected soils remain unavailable. The FAO calls for systematic surveys and data compilation to better understand the scale of the issue and develop sustainable management strategies. Globally, 1.4 billion hectares of land, over 10% of the planet’s total land area, are already affected by salinity. An additional 1 billion hectares are at risk due to climate change and human mismanagement, the report warns.

Pakistan Tehreek-e-Insaf (PTI) leader and former provincial minister Shaukat Yousafzai clarified that the civil disobedience movement initiated by the party remains active, pending a decision from former Prime Minister Imran Khan. Speaking to the media on Sunday, Yousafzai stated, “The civil disobedience call has not been withdrawn. A final decision will depend on the seriousness of the government’s committee.” He stated that any decision to continue, defer, or conclude the civil disobedience movement rests solely with Imran Khan. “PTI leadership will meet with Imran Khan in Adiala Jail tomorrow to update him on the situation, after which he will issue further directives,” he said. The statement comes after the government announced the formation of a negotiation committee to engage with PTI. Yousafzai reiterated that the future of the movement will hinge on the outcome of these talks. He added, “Imran Khan will evaluate the government’s approach and decide whether to maintain or defer the civil disobedience movement.”

$944.2 million in external financing received in November g

NOVEMBER INFLOWS UP 127.6%, BUT ANNUAL FINANCING TARGET REMAINS ELUSIVE PROFIT

NEWS DESK

Pakistan secured $944.2 million in external financing in November 2024, marking a 127.6% increase compared to October and a 127.0% rise from November last year. The financing consisted of $937.66 million in loans and $6.54 million in grants, as per the latest Economic Affairs Division (EAD) report. Despite the uptick, cumulative external financing during the first five months of FY25 stood at $2.67 billion—far below the annual budget estimate of $19.39 bil-

lion. Last fiscal year, the government had set a foreign assistance target of $17.62 billion but managed to materialise only $9.81 billion. Key inflows in November included $751.45 million from bilateral and multilateral development partners, contributing to a total of $1.73 billion disbursed during 5MFY25. Multilateral sources provided $743.33 million in November, while bilateral sources added $8.12 million. Foreign commercial borrowing reached $192.75 million in November and $734.9 million in 5MFY25, facilitated through the Naya Pakistan Certificate. However, no fi-

nancing was secured through foreign commercial banks during this period, against the budgeted $3.78 billion for FY25. A significant portion of November’s financing, $725.27 million, was allocated for non-project aid, primarily for program and budgetary support aimed at economic restructuring. Non-project aid loans totalled $1.6 billion in 5MFY25. The slower-than-expected inflows, while providing some relief to foreign exchange reserves, underscore the challenges in meeting budgetary financing targets as Pakistan navigates economic stabilisation efforts.

Published by Asad Nizami at Plot No 66-C, 1st Floor, 21st Commercial Street, Phase-II (Extension), DHA Karachi and printed at Ibn-e-Hassan Printing Press, Hockey Stadium, Karachi, for PT Print (Pvt) Limited. Ph: 021-35381208-9. Email: newsroom@pakistantoday.com.pk


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