PM Khan 'regrets' Ukraine crisis, urges 'dialogue and diplomacy' in meeting with Russia's Putin

Pakistan Prime Minister Imran Khan, left, and Russian President Vladimir Putin during their meeting in Moscow, Russia on February 24, 2022. (PID)
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Updated 25 February 2022
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PM Khan 'regrets' Ukraine crisis, urges 'dialogue and diplomacy' in meeting with Russia's Putin

  • Khan’s visit to Moscow, first by a Pakistani PM since 1999, comes as Russia launched invasion of Ukraine
  • Khan says Pakistan had hoped diplomacy could avert a military conflict, war was not in anyone’s interest

ISLAMABAD: Prime Minister Imran Khan on Thursday urged “dialogue and diplomacy” to resolve Russia's tensions with Ukraine, saying he “regretted” that a military conflict could not been averted between the two neighbouring countries.

Khan’s statement came after a meeting with Russian President Vladimir Putin at the Kremlin.

His visit to Moscow, the first by a Pakistani prime minister since 1999, comes as Russia launched an all-out invasion of Ukraine by land, air and sea on Thursday, the biggest attack by one state against another in Europe since World War II.

“​The Prime Minister regretted the latest situation between Russia and Ukraine and said that Pakistan had hoped diplomacy could avert a military conflict,” the prime minister’s office said in a statement. “The Prime Minister stressed that conflict was not in anyone’s interest, and that the developing countries were always hit the hardest economically in case of conflict. He underlined Pakistan’s belief that disputes should be resolved through dialogue and diplomacy.​”

Khan and Putin also discussed an estimated $2.5 billion natural gas pipeline to be built in Pakistan in collaboration with Russian companies.

The Pakistan Stream Gas Pipeline Project (PSGP), formerly known as North South Gas Pipeline, is a flagship project signed by Islamabad and Moscow in 2015 to carry imported Liquified Natural Gas (LNG) from Karachi on the Arabian Sea coast to power plants in the northeastern province of Punjab.

“The Prime Minister reaffirmed the importance of Pakistan-Stream Gas Pipeline as a flagship economic project between Pakistan and Russia and also discussed cooperation on prospective energy-related projects. The Prime Minister underscored Pakistan’s commitment to forge a long-term, multidimensional relationship with Russia,” the PMO statement said.

The statement comes as missiles rained down on Ukrainian targets and Kyiv reported columns of troops pouring across the borders with Russia and Belarus stretching from the north and east, and landing on the coasts from the Black Sea in the southwest and Azov Sea in the southeast.

Fierce fighting was taking place in the regions of Sumy and Kharkiv in the northeast, Kherson and Odessa in the south, and at a military airport near the capital Kyiv, an adviser to the Ukrainian presidential office said.

President Volodymyr Zelenskiy said troops were trying to fend off Russians attempting to capture the Chernobyl nuclear power plant, just 90 km (60 miles) north of the capital. Regional officials said Ukrainian authorities had lost control of some territory in the Kherson region near Russian-occupied Crimea.

US President Joe Biden called the Russian action an "unprovoked and unjustified attack". EU Commission chief Ursula von der Leyen said the bloc would impose a new round of sanctions that would hit Russia's economy severely.

EU foreign affairs chief Josep Borrell said: "These are among the darkest hours of Europe since the Second World War."

In an interview ahead of his trip to Russia, Khan had expressed concern about the situation in Ukraine and the possibility of new sanctions and their effect on Islamabad's budding cooperation with Moscow.

It is unclear how the latest sanctions will affect the project, which is important for Pakistan - particularly the power sector - as the country's dependence on imported LNG grows in the face of dwindling indigenous gas supplies.

The pipeline project has already suffered delays because of earlier sanctions.

"This North-South pipeline suffered, one of the reasons...was the companies we were negotiating with, turned out that US had applied sanctions on them," Khan told Russia Today this week. "So, the problem was to get a company that wasn’t sanctioned."


Pakistani pioneer launches first Islamic blockchain to tap real-world asset boom

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Pakistani pioneer launches first Islamic blockchain to tap real-world asset boom

  • ZIGChain is built as base-level blockchain that lets developers create apps to trade and manage assets like property, commodities
  • Putting RWAs on blockchains, known as tokenization, has become one of the fastest-growing areas in crypto and traditional finance

KARACHI: Pakistan’s pioneering blockchain entrepreneur, Abdul Rafay Gadit, has launched what his team says is the world’s first Shariah-compliant Layer 1 blockchain, aiming to capitalize on a record surge in tokenized real-world assets (RWAs) and meet rising demand for Islamic-compliant digital finance tools.

ZIGChain, which launched its mainnet beta on Tuesday, is built as a base-level blockchain called a “Layer 1” that lets developers create apps to trade and manage real-world assets like property, commodities or traditional securities on a blockchain.

Putting RWAs on blockchains, known as tokenization, has become one of the fastest-growing areas in crypto and traditional finance. The market is estimated to have surged 260 percent to $50 billion this year as more institutions use blockchain to make trading these assets easier and more transparent. Analysts say the trend reflects how financial institutions are moving real-world assets onto blockchains to improve liquidity and transparency.

ZIGChain says it stands out as the first chain purpose-built to meet Islamic finance principles, a set of rules that, among other things, prohibit interest (riba) and excessive uncertainty (gharar), by offering native compliance tools and audit mechanisms for developers and institutions.

“Accessing reliable and transparent investment infrastructure has historically been difficult, not just for retail users, but even for experienced managers,” Gadit, ZIGChain’s co-founder, said in a statement marking the mainnet beta launch.

“With ZIGChain, we’re taking a meaningful step toward changing that by focusing deeply on real-world assets as the foundation for long-term, scalable wealth generation.”

The launch comes at a pivotal moment for Pakistan’s crypto industry. Islamabad in March set up an official Crypto Council to regulate the sector for the first time and named Binance co-founder Changpeng Zhao (CZ) as its strategic adviser. Pakistan is estimated to have around 40 million crypto users.

Unlike general-purpose blockchains, ZIGChain inherits a ready base of more than 600,000 users and 150 professional fund managers through its link to Zignaly, a licensed social investing platform. This solves what experts often call the “cold-start problem” for new chains that struggle to attract developers and liquidity in early stages.

ZIGChain’s ecosystem includes Zamanat, described by its backers as the world’s first Shariah-compliant RWA platform, as well as a $100 million fund supported by DWF Labs and other partners to spur development.

The project launches with native applications already lined up, including an AI-powered decentralized exchange, a staking service, a lending protocol accepting RWAs as collateral, and a Shariah-compliant DeFi aggregator.

“This mainnet beta launch represents a shift from vision to foundation,” said Bart Bordallo, co-founder and CEO of ZIGChain. “We’ve built a high-performance, interoperable architecture that can handle the complex requirements of DeFi, RWA tokenization, and automated investment protocols at scale.”

By positioning itself at the intersection of real-world assets, Islamic finance and blockchain technology, ZIGChain aims to serve the massive $4 trillion global Islamic finance market, where a young, digitally savvy Muslim demographic is driving demand for new products.

With its launch now underway, ZIGChain will gradually roll out key features like its validator network, token bridges and staking tools, which its founders say will keep the system stable and compliant as more users join.


Ten highest winning run-chases in Test history

Updated 6 min 36 sec ago
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Ten highest winning run-chases in Test history

  • England’s 371-run chase at Headingley joins elite list of historic Test wins
  • Record fourth-innings pursuits span from Bradman’s brilliance to debutant heroics

LEEDS, United Kingdom: England completed the tenth highest fourth-innings run chase in Test history with a pursuit of 371 that sealed a five-wicket over India at Headingley on Tuesday.
Below AFP Sport looks at the largest targets chased down in 148 years of Test cricket:

After both teams made 240 in their first innings, Australia made 417 in their second innings and would have expected an attack featuring fast bowlers Glenn McGrath, Jason Gillespie and Brett Lee to finish the job. But hundreds from Ramnaresh Sarwan and Shivnarine Chanderpaul changed the game before an unbroken partnership of 46 between Omari Banks and Vasbert Drakes sealed a three-wicket win.

Australia appeared to have put the game beyond South Africa’s reach but Proteas captain Graeme Smith’s hundred and a century from AB de Villiers helped guide the visitors to a dominant six-wicket success.

Still one of the most famous Tests of them all, England captain Norman Yardley did not declare his side’s second innings until the fifth morning. But Australia still scored 400 runs in under a day’s play, with opener Arthur Morris making 182 and Don Bradman, widely regarded as cricket’s greatest batsman, an unbeaten 173 that sealed a seven-wicket triumph.

Alvin Kallicharran’s hundred built an imposing West Indian lead, but centuries from Sunil Gavaskar and Gundappa Viswanath took India to an eventual total of 406-4. The match proved a turning point as his spinners’ failure persuaded West Indies captain Clive Lloyd to break with convention by building an attack around four fast bowlers — a policy that helped his side dominate Test cricket for the next 15 years.

West Indies batsman Kyle Mayers enjoyed an astounding start to his Test career with an extraordinary 210 not out, putting on 216 with fellow debutant Nkrumah Bonner (86) to see the visitors to a three-wicket win.

Asela Gunaratne made a match-winning 80 not out, putting on 121 with Niroshan Dickwella (80) in the home team’s total of 391-6.

Two hundreds from Andrew Strauss put England on top, but Virender Sehwag made a quickfire 83 before batting great Sachin Tendulkar (103 not out) and Yuvraj Singh (85 not out) took India to a four-wicket win.

Joe Root and Jonny Bairstow hit hundreds as England romped home by seven wickets in a series finale postponed from 2021 because of coronavirus concerns within the India camp.

Pakistan were in dire straits at 13-2 early in their chase but hundreds from Shan Masood and Younis Khan turned the tide before Misbah-ul-Haq’s match-winning 59 saw them to 382-3.

India made 471 after being sent in to bat by England captain Ben Stokes but the hosts were only six runs adrift on first innings. England then dismissed India for 364 and opener Ben Duckett’s superb 149 the cornerstone of a chase completed by Root and Jamie Smith. This was only the third Test with more than 350 runs in all four innings, after Ashes clashes at Adelaide in 1921 and Headingley in 1948.


Barrick, Komatsu sign $440 million equipment deal for Pakistan’s Reko Diq copper-gold mine

Updated 15 min 36 sec ago
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Barrick, Komatsu sign $440 million equipment deal for Pakistan’s Reko Diq copper-gold mine

  • Japanese firm to set up local mining company for long-term technical support at site
  • Deal includes ultra-class haul trucks, excavators and loaders built in US and Europe

ISLAMABAD: Barrick Gold Corporation and Japan’s Komatsu have finalized a $440 million agreement to supply mining equipment to Pakistan’s Reko Diq copper-gold project, with Komatsu also announcing plans to establish a local subsidiary to support operations, the company said on Wednesday.

Reko Diq is one of the world’s largest undeveloped copper and gold deposits, located in Pakistan’s mineral-rich Balochistan province near the volatile border with Iran and Afghanistan. The site is expected to play a key role in boosting Pakistan’s exports, attracting foreign investment, and supporting the country’s long-term energy and industrial needs through its vast copper reserves, which are critical for the global energy transition.

Reko Diq is jointly owned by Barrick (50 percent), Pakistan’s federal government (25 percent), and the Balochistan provincial government (25 percent). Construction is scheduled to begin in 2025, with first production targeted for 2028.

“The Reko Diq project represents a long-term investment in our future and that of mining in Pakistan, and our partnership with Komatsu is an important part of that vision,” Mark Bristow, President and CEO of Barrick, was quoted as saying in the Komatsu statement. 

“Komatsu equipment has proven its performance and reliability at our operations worldwide.”

Komatsu said the five-year deal marked its first major equipment placement in Pakistan and a deepening partnership with Barrick.

To support the deployment, Komatsu will establish Komatsu Pakistan Mining (SMC-Private) Limited, a dedicated entity for technical services and equipment support at Reko Diq. The firm also plans additional investment in its regional headquarters in Dubai to manage an expanded footprint in the region.

The deal includes the delivery of ultra-class mining equipment manufactured in the United States and Europe, including Komatsu 980E-5 haul trucks from Illinois, P&H electric rope shovels from Wisconsin, PC7000-11 excavators from Germany, and WE2350-2 electric wheel loaders from Texas.

“The scale and complexity of this project demands proven, high-performance equipment,” said Peter Salditt, President of Komatsu’s Mining Business Division.

“We are confident our ultra-class haul trucks, electric rope shovels, and other mining machines will meet the challenge.”

Komatsu said the partnership builds on previous equipment deployments at Barrick’s Lumwana mine in Zambia and its Nevada Gold Mines joint venture in the United States. The two companies signed a global framework agreement in October 2023 to strengthen cooperation across multiple sites.


Pakistani deputy PM discusses new investments in energy, infrastructure with Abu Dhabi Fund chief

Updated 48 min 35 sec ago
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Pakistani deputy PM discusses new investments in energy, infrastructure with Abu Dhabi Fund chief

  • Dar presents Al Suwaidi with Hilal-e-Quaid-e-Azam, one of Pakistan’s highest civil awards
  • UAE is Pakistan’s third largest trading partner after China and US, key source of remittances

ISLAMABAD: Pakistan Deputy Prime Minister and Foreign Minister Ishaq Dar met Director General of the Abu Dhabi Fund for Development (ADFD) Mohammed Saif Al-Suwaidi on Tuesday to discuss boosting development cooperation and new investments in energy and infrastructure, state-run Radio Pakistan reported.

The UAE is Pakistan’s third largest trading partner after China and the United States. More than 1.5 million Pakistanis live and work in the UAE, sending back billions of dollars in remittances annually. Bilateral trade between the two nations reached approximately $10.9 billion in fiscal year 2023–24, including $2.08 billion in exports and $6.33 billion in imports, according to Pakistani figures.

“They discussed enhancing development cooperation, expanding ADFD’s support for key infrastructure and energy projects in Pakistan, and exploring new avenues for sustainable investment,” Radio Pakistan said in a statement after Dar’s meeting with Al-Suwaidi. 

According to the report, both sides reaffirmed their commitment to “deepening economic ties and promoting shared growth and prosperity.”

Dar also presented Al Suwaidi with the Hilal-e-Quaid-e-Azam, one of Pakistan’s highest civil awards, on behalf of President Asif Ali Zardari, in recognition of his “exceptional contributions to the promotion of Pakistan-UAE cooperation,” the broadcaster said.

The ADFD has funded major development projects in Pakistan for decades, including roads, airports and energy infrastructure to support economic growth.

Last year, the UAE said it had committed $10 billion to invest in promising economic sectors in Pakistan.

Islamabad has been pushing for foreign investment in a bid to shore up its $350 billion economy, which has struggled with high inflation and low growth as it navigates tough reforms mandated by the International Monetary Fund.


Children in Pakistan among millions under threat as vaccine coverage faltering — study

Updated 25 June 2025
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Children in Pakistan among millions under threat as vaccine coverage faltering — study

  • Cases of polio, long eradicated in many areas thanks to vaccination, have been rising in Pakistan and Afghanistan
  • Researchers say setbacks threaten WHO goal of essential vaccines for 90 percent world’s children, adolescents by 2030

PARIS: Efforts to vaccinate children against deadly diseases are faltering across the world due to economic inequality, Covid-era disruptions and misinformation, putting millions of lives at risk, research warned Wednesday.

These trends all increase the threat of future outbreaks of preventable diseases, the researchers said, while sweeping foreign aid cuts threaten previous progress in vaccinating the world’s children.

A new study published in The Lancet journal looked at childhood vaccination rates across 204 countries and territories.

It was not all bad news.

An immunization program by the World Health Organization was estimated to have saved an estimated 154 million lives over the last 50 years.

And vaccination coverage against diseases such as diphtheria, tetanus, whooping cough, measles, polio and tuberculosis doubled between 1980 and 2023, the international team of researchers found.

However the gains slowed in the 2010s, when measles vaccinations decreased in around half of the countries, with the largest drop in Latin America.

Meanwhile in more than half of all high-income countries there were declines in coverage for at least one vaccine dose.

Then the Covid-19 pandemic struck.

Routine vaccination services were hugely disrupted during lockdowns and other measures, resulting in nearly 13 million extra children who never received any vaccine dose between 2020 to 2023, the study said.

This disparity endured, particularly in poorer countries. In 2023, more than half of the world’s 15.7 million completely unvaccinated children lived in just eight countries, the majority in sub-Saharan Africa, according to the study.

In the European Union, 10 times more measles cases were recorded last year compared to 2023.

In the United States, a measles outbreak surged past 1,000 cases across 30 states last month, which is already more than were recorded in all of 2024.

Cases of polio, long eradicated in many areas thanks to vaccination, have been rising in Pakistan and Afghanistan, while Papua New Guinea is currently enduring a polio outbreak.

“Routine childhood vaccinations are among the most powerful and cost-effective public health interventions available,” said senior study author Jonathan Mosser of the US-based Institute for Health Metrics and Evaluation (IHME).

“But persistent global inequalities, challenges from the COVID pandemic, and the growth of vaccine misinformation and hesitancy have all contributed to faltering immunization progress,” he said in a statement.

In addition, there are “rising numbers of displaced people and growing disparities due to armed conflict, political volatility, economic uncertainty, climate crises,” added lead study author Emily Haeuser, also from the IHME.

The researchers warned the setbacks could threaten the WHO’s goal of having 90 percent of the world’s children and adolescents receive essential vaccines by 2030.

The WHO also aims to halve the number of children who have received no vaccine doses by 2030 compared to 2019 levels.

Just 18 countries have achieved this so far, according to the study, which was funded by the Gates Foundation and the Gavi vaccine alliance.

The global health community has also been reeling since President Donald Trump’s administration drastically slashed US international aid earlier this year.

“For the first time in decades, the number of kids dying around the world will likely go up this year instead of down because of massive cuts to foreign aid,” Bill Gates said in a separate statement on Tuesday.

“That is a tragedy,” the Microsoft co-founder said, committing $1.6 billion to Gavi, which is holding a fund-raising summit in Brussels on Wednesday.