IDEAS 2024: Pakistan says volume of defense exports not at par with actual potential

Short Url
Updated 20 November 2024
Follow

IDEAS 2024: Pakistan says volume of defense exports not at par with actual potential

  • Pakistan hosts 12th edition of premier defense exhibition IDEAS in southern port city of Karachi
  • Karachi to host over 550 exhibitors, including 340 global defense companies, from 55 countries

KARACHI: Defense Minister Khawaja Muhammad Asif said on Tuesday Pakistan’s volume of defense exports is not at par with its actual potential, as the South Asian country inaugurated the 12th edition of its premier defense expo in the southern port city of Karachi.

The International Defense Exhibition and Seminar (IDEAS) exhibition, Pakistan’s premier defense expo, has been held biennially since its inception under General (retired) Pervez Musharraf’s administration in 2000 and has grown into a key event for the defense sector. This year’s exhibition, running from Nov. 19-22 at the Karachi Expo Center, will host over 550 exhibitors, including 340 international defense companies, alongside more than 350 senior civil and military officials from 55 countries.

The exhibition will showcase a wide range of modern and traditional defense equipment, weapons systems and vehicles, state broadcaster Radio Pakistan reported.

“Though Pakistan is now exporting some high-tech products to more than 60 countries, the volume of exports is not at par with its actual potential,” Asif said while addressing the exhibition.

“A crucial factor, however, has been the limited involvement of the private sector in defense production and activity.”

The defense minister said relatively less attention has been paid to academia, industry interface and involvement of research and development organizations. He said these factors have curtailed the competitiveness of certain sectors of the defense industry.

 

 

“In order to achieve this objective, I will stress upon the integration of public and private defense industry to achieve maximum results,” Asif said. “New ideas, entrepreneurship and management skills mastered by the private sector need to be co-opted with the public sector defense industry.”

Without mentioning Pakistan’s arch-rival and nuclear-armed neighbor India, Asif called for greater cooperation between regional players to make South Asia a safer place.

“We believe in meaningful dialogue on the basis of equality, not only to resolve bilateral issues but also to give chance to peace and harmony in the region,” he said.

‘PRODUCTS OF INTERNATIONAL STANDARDS’

Brig. Ali Adil, director of coordination for IDEAS 2024, had outlined the event’s diverse activities during a news conference over the weekend, saying it includes live demonstrations of cutting-edge defense technology, an international seminar and the IDEAS Tri-Services Karachi Show.

The event will also offer opportunities for networking through business-to-business and business-to-government engagements.

“IDEAS 2024 will bring together representatives of defense industries from around the world to showcase their latest technological innovations, while Pakistan’s defense sector, including both public and private companies, will present products of international standards,” Brig. Adil had said.

He had said this year’s event will feature a new “Startups Pavilion” designed to offer international exposure to young Pakistani entrepreneurs, adding the pavilion will showcase innovative projects and technologies.

An international seminar on “Pakistan Defense Production Potential – Challenges, Opportunities, and Way Forward” will be held on the third day of the event, with presentations from leading national and international experts.

Karachi has faced significant security challenges, including a suicide bombing near Jinnah International Airport last month that killed two Chinese engineers and injured several others. The city also grapples with high street crime rates, with over 90,000 incidents reported in 2023, causing considerable hardship for residents.

To bolster security, local authorities have already fortified the Expo Center, the venue for the exhibition, with multiple layers of containers. As per local media reports, a ban on public gatherings in the city has been imposed for seven days.


Pakistan PM announces special courts, educational quotas for overseas Pakistanis

Updated 5 sec ago
Follow

Pakistan PM announces special courts, educational quotas for overseas Pakistanis

  • Shehbaz Sharif says special courts will resolve overseas Pakistanis’ cases quickly
  • PM announces 15 percent quota for overseas Pakistanis’ children in medical colleges

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday announced a slew of incentives for overseas Pakistanis, such as special courts to deliver speedy justice and educational quotas for their children in federal universities, as Islamabad attempts to forge stronger ties with the Pakistani diaspora spread around the world. 

The prime minister was addressing the first-ever Overseas Pakistanis Convention held in the capital. The three-day convention, which kicked off on Sunday, aimed to honor overseas Pakistanis and forge closer ties with them by addressing their complaints. 

Remittances sent by overseas Pakistanis are crucial for the South Asian country, as it navigates a tricky path to recovery from a macroeconomic crisis that has drained its revenue. Pakistan received a record-high $4.1 billion in remittances in March 2025. 

“In Islamabad, for overseas Pakistanis and to resolve their cases as soon as possible, special courts have been established,” Sharif told attendees at the conference, triggering loud applause. 

“In Punjab, the process to set up such courts is underway and legislation in this regard has also been done,” he said, urging other provinces to follow suit. 

Sharif said overseas Pakistanis will be provided the additional facility to file their cases electronically so they do not have to travel to Pakistan to do so.

He announced educational quotas for overseas Pakistanis in the country’s federal universities. 

“In all federally chartered universities, for the children of overseas Pakistanis, out of 10,000 seats a quota of 5 percent is being fixed for you,” the premier said. 

Sharif said the government has fixed a 15 percent quota for the admission of overseas Pakistanis in the country’s medical colleges, adding that it would enable 3,000 children of overseas Pakistanis to avail the facility. 

He said the country’s premier revenue collecting agency, the Federal Board of Revenue (FBR) will treat overseas Pakistanis as filers in business and bank matters. 

The Pakistani prime minister announced a five-year age relaxation in government jobs for overseas Pakistanis and a seven-year age relaxation for women overseas Pakistanis. 

Sharif said the government would award 15 civil awards to overseas Pakistanis every year who send the most amount of foreign exchange to Pakistan. 

‘BRAIN GAIN’

Speaking on the occasion, Pakistan’s Army Chief General Syed Asim Munir praised overseas Pakistanis for their dedication and commitment toward the nation. 

“Those who promote the narrative of brain drain should know that this is not a brain drain but a brain gain,” he said. “And overseas Pakistanis are the finest example of that.”

Munir spoke about Israel’s military campaign in Gaza, expressing solidarity with Palestinians under bombardment in the territory. 

“The hearts of Pakistanis beat in unison with the Muslims of Gaza,” he said.


Pakistan’s Punjab finalizes bill to regulate sale of acid to protect women

Updated 15 April 2025
Follow

Pakistan’s Punjab finalizes bill to regulate sale of acid to protect women

  • Acid attacks, which disfigure and often blind women victims, have long been used to settle personal or family scores in Pakistan
  • New law bars people from engaging in business of acid without license, prohibits sale of acid to people below 18 years of age

ISLAMABAD: The government in Pakistan’s most populous Punjab province recently finalized a bill to control the sale and distribution of acid to ensure protection for women, following numerous acid attacks targeting women over the years. 

Acid attacks, which disfigure and often blind their overwhelmingly female victims, have long been used to settle personal or family scores in Pakistan, with hundreds of cases reported each year. These attacks are often driven by motives such as rejected marriage proposals, domestic disputes or family feuds. 

Between 2007 and 2016, Pakistan recorded 1,108 acid attacks affecting 1,375 individuals. The issue peaked in the early 2000s, with a surge in reported cases between 1999 and 2005 — 494 attacks were reported in 2002 and 417 in 2003.

The proposed legislation titled “The Punjab Acid Control Act 2025” aims to prevent such attacks, ensure accountability and create a safer environment for women across the province by tightening control over the sale and purchase of the product.

“It is necessary to regulate and control the business of acid in Punjab by providing a comprehensive mechanism and for the matters ancillary thereto and connected therewith,” a copy of the bill seen by Arab News on Tuesday said. 

The bill has been prepared by Punjab Women Protection Authority chairperson and lawmaker Hina Parvez Butt. 

The draft legislation prohibits people from engaging in the sale and purchase of acid without a license. It also bars the sale of acid to anyone under 18 years of age and mentions 30 different types of acid. 

According to the draft law, anyone already involved in the acid business before the new law comes into effect must apply for a license within 30 days of when the law is implemented. They need to submit an application with a specific form and pay a fee set by the authorities. 

The license will also state the maximum amount of acid the license holder is allowed to keep at any given time.

Any importer or acid manufacturer already licensed under the current laws will need to register under the new law and maintain a record of their acid-related business, which must be submitted to the licensing authority within one month after the end of each year.

The law mandates that an acid container must clearly display visible information printed on it which includes the name and type of acid, the name, address and license number of the seller, the volume and quantity of acid, manufacturing and expiry dates, and a warning label with the words “DANGEROUS/CORROSIVE” in red along with other safety precautions.

The punishment for violating the provisions of the law includes imprisonment of up to three years and a fine of up to $1,780 (Rs500,000), with an additional three-month prison time if the fine is not paid.

The bill highlighted that offenses committed under this law are cognizable, non-bailable, non-compoundable and will be tried in court.

The draft law states that a person will face imprisonment for two to five years, along with a fine ranging from $712 to $3,560 (Rs200,000 to Rs1 million) if the acid business causes harm to any person or property.

There has been a significant decline in acid attacks in Pakistan since a legislation criminalizing acid and burn violence was passed in December 2011, according to a 2017 report by the Acid Survivors Foundation.

However, recent years have seen a marked decrease: in 2014, 153 acid attacks were reported with 210 victims, followed by 69 in 2015 and 73 in 2016. The downward trend continued in 2017, with only 39 incidents reported.


Pakistan confirms four nationals killed in latest Libya boat tragedy

Updated 15 April 2025
Follow

Pakistan confirms four nationals killed in latest Libya boat tragedy

  • Vessel carrying foreign nationals sunk near Harawa coast in Libya’s Sirte City, says foreign office
  • Each year, thousands of Pakistanis pay large sums for illegal journeys to developed countries

ISLAMABAD: The foreign office spokesperson on Tuesday confirmed four Pakistanis have been killed in a shipwreck near the coast of eastern Libya, adding that more information is being collected about the affected nationals. 

Pakistan’s mission in Tripoli reported that a vessel carrying foreign nationals sunk near the Harawa coast in Sirte City, the foreign office spokesperson said.

The statement said a Pakistan embassy team’s visit to Sirte City confirmed 11 bodies of migrants have been recovered from the shipwreck. 

“Of these, 4 have been identified as Pakistani nationals based on their national documents,” the spokesperson said. “Two bodies remain unidentified.”

The statement identified Zahid Mehmood, Sameer Ali, Syed Ali Hussain and Asad Ali as the four victims of the shipwreck. Three of the victims hailed from Pakistan’s eastern city of Mandi Bahauddin while Mehmood belonged to Gujranwala, as per details shared by the Ministry of Foreign Affairs. 

“The Embassy in Tripoli is actively working to gather more information about the affected Pakistani nationals and is in contact with the local authorities,” the spokesperson said. 

The statement said Pakistan’s foreign affairs ministry has activated its Crisis Management Unit to monitor the situation. 

Each year, thousands of Pakistanis pay large sums for risky and illegal journeys to developed countries, hoping to find work and send money back to their families. 

Libyan authorities recovered the bodies of at least 16 Pakistani nationals who had died in a shipwreck near the coast of Libya in February this year, while nearly 10 other Pakistani citizens were missing.

The boat had capsized near the port of Marsa Dela in the northwest of Zawiya city in the Arab country. 

In 2023, hundreds of migrants, including 262 Pakistanis, drowned when an overcrowded vessel capsized and sank in international waters off the southwestern Greek coastal town of Pylos. It was one of the deadliest boat disasters ever recorded in the Mediterranean Sea.

Pakistan has cracked down and arrested several human traffickers for arranging these dangerous, illegal sea journeys for Pakistani citizens.


Nearly 60,000 Afghans returned from Pakistan in two weeks— UN agency

Updated 15 April 2025
Follow

Nearly 60,000 Afghans returned from Pakistan in two weeks— UN agency

  • Pakistan last month set early April deadline for some 800,000 Afghan Citizen Card holders to leave country
  • UN says nearly three million Afghans live in Pakistan who escaped to neighboring country to escape conflict

KABUL: Nearly 60,000 Afghans have been forced to leave Pakistan since the start of April, the International Organization for Migration said Tuesday, after Islamabad ramped up a campaign to deport migrants to Afghanistan.
“Between 1 and 13 April 2025, IOM recorded a sharp rise in forced returns, with nearly 60,000 individuals crossing back into Afghanistan through the Torkham and Spin Boldak border points,” the UN agency said in a statement.
“With a new wave of large-scale returns now underway from Pakistan, needs on the ground are rising rapidly — both at the border and in areas of return that are struggling to absorb large numbers of returnees,” said Mihyung Park, head of the agency’s Afghanistan mission.
Pakistan last month set an early April deadline for some 800,000 Afghans carrying Afghan Citizen Cards (ACC) issued by Pakistan authorities to leave the country.
Families with their belongings in tow have crowded key border crossings of Torkham in the north and Spin Boldak in the south, recalling scenes in 2023 when tens of thousands of Afghans fled deportation threats in Pakistan.
The UN says nearly three million Afghans live in Pakistan, many having been there for decades, after fleeing successive conflicts in their country and following the Taliban’s return to power in Kabul in 2021.


Fitch upgrades Pakistan’s credit rating to ‘B-’ on improving deficits and reforms

Updated 39 min 44 sec ago
Follow

Fitch upgrades Pakistan’s credit rating to ‘B-’ on improving deficits and reforms

  • Upgrade reflects confidence that the country would implement structural reforms, says Fitch
  • Shehbaz Sharif says improved rating sign of world’s growing confidence in Pakistan’s economy

KARACHI: Global ratings agency Fitch on Tuesday upgraded Pakistan’s foreign currency credit rating to ‘B-’ from ‘CCC+’ citing increased confidence in the country’s progress on narrowing its budget deficits, with Prime Minister Shehbaz Sharif hailing it as a sign of the world’s growing confidence in Pakistan’s economy. 

The upgrade reflects confidence that the country would implement structural reforms, supporting its International Monetary Fund (IMF) program performance and funding availability, Fitch said.

The agency said though ongoing global trade tensions could create external pressures on Pakistan, its low dependence on exports and market financing should mitigate risks.

“Prime Minister Shehbaz Sharif welcomes the improvement in Pakistan’s economic rating by global credit rating company Fitch,” a statement by the premier’s office said. 

“The improvement in the rating of Pakistan’s economy by international institutions is a manifestation of economic development and the confidence of the world community in Pakistan’s economy,” he added. 

Sharif said his government is working “tirelessly” to further improve Pakistan’s economy. 

Pakistan’s economy had been teetering on the brink of a sovereign default ever since inflation rose to a record high of 38 percent in May 2023 and reserves started declining rapidly. 

However, Pakistan’s economy was provided breathing space thanks in part to a $7 billion bailout program from the International Monetary Fund (IMF).

In March, the IMF reached a new deal with Pakistan which could unlock $1.3 billion in cash. 

Sharif’s government has vowed to implement the financial reforms, which include increasing the country’s tax base and privatizing loss-making entities to ensure sustainable growth.