Bhutto scion rejects Khan allegations, rebuilds ties with West at Davos

Pakistan's Foreign Minister Bilawal Bhutto-Zardari gestures during an interview with Reuters in the Alpine resort of Davos, Switzerland, on May 25, 2022. (REUTERS)
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Updated 25 May 2022
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Bhutto scion rejects Khan allegations, rebuilds ties with West at Davos

  • Pakistani FM accuses Khan of adopting ‘maximalist extremist positions’ and whipping up anti-American sentiment
  • Much like his grandfather, Bhutto Zardari envisages a role for Pakistan in bridging the gap between the United States and China

DAVOS, Switzerland: Pakistan’s newly-appointed foreign minister on Wednesday rejected claims by former prime minister Imran Khan that the United States had plotted his downfall.

Bilawal Bhutto Zardari told Reuters that Khan’s ouster last month was in fact a milestone for Pakistani democracy.

“Pakistan has a history of prime ministers who have been removed undemocratically, unconstitutionally through various means,” Bhutto Zardari said in an interview on the sidelines of the World Economic Forum in the Swiss Alpine resort of Davos.

“We’ve had a prime minister who was removed and hanged!” Bhutto Zardari said with reference to his grandfather, Zulfikar Ali Bhutto, part of a family history repeatedly marked by violence as well as high office.

Bhutto Zardari was a 19-year-old studying at Oxford University when his mother Benazir Bhutto was assassinated. His father Asif Ali Zardari was also president of Pakistan.

At just 33, he is hoping to appeal to his country’s young population and step into the shoes of a political dynasty. As the leader of his mother’s Pakistan People’s Party, he said will run in the next elections and seek to form a government.

For the moment, he says he is focused on Pakistan’s foreign policy challenges around the world.

While Davos has been dominated by fears around trade blocs and more siloed nations, Bhutto Zardari said multilateral cooperation with neighboring countries and the West is the way forward for Pakistan.

That has opened his government to attacks from Khan and his supporters. Khan accuses Washington of conspiring with his political opposition to oust him because of his independent foreign policy, which included a trip to Moscow to meet Russian President Vladimir Putin.

Washington denies Khan’s allegation, which has also been dismissed by Pakistan’s powerful military.

“He’s doing whatever he can to adopt maximalist extremist positions, whip up anti-American sentiment and draw parallels to the Taliban’s struggle in Afghanistan to undermine this space for this democratic transition,” Bhutto Zardari said.

‘ILLUSTRIOUS LEGACY’
Bhutto Zardari has already met with US Secretary of State Anthony Blinken and arrived in Davos fresh from a trip to China.

He said he envisage a role for Pakistan in bridging the gap between the two nations. His grandfather Zulfikar Ali also served as foreign minister.

“The initiation of diplomatic relations between China and the United States has a history that’s connected to my party and my country,” he told Reuters.

“My grandfather played a role in at the time of Henry Kissinger and Nixon in facilitating the early communications between the two countries.”

“I am lucky and fortunate that I have such an illustrious legacy, such imposing historical figures in my own family to look up to, and who still guide me and drive me in the way that their mission, their ideology, their manifestos are my driving force,” he said.

Bhutto Zardari was 19 when he became the leader of the Pakistan People’s Party. Now, he hopes to reclaim both his family history and the optimism of his youth.

“We were promised a very different world,” he said.

“I was born in 1988, so the fall of the Berlin Wall and at a time when we were going to see the end of history and the international institutions like the United Nations were going to come together. And unfortunately, we have really been shortchanged.”

In a country where 64 percent of the population are under 30, according to a 2018 UN estimate, he says he believes it is “about time” someone of his age was represented in government.

“We will grow up in the world that is affected by the climate crisis in a way the generation before us cannot understand and cannot appreciate. We will be paying the debts that they incur, and that’ll be a liability on our progress.”

Benazir’s killer has never been caught, and a UN inquiry found that Pakistani authorities had failed to protect her or properly investigate her death.
Bhutto Zardari said that despite growing up in the full glare of the public eye, he was not afraid for his own safety.

“Fear is something that I think that one can’t really give into, particularly if they are in politics,” he told Reuters.


Pakistan’s top court resumes hearing on alleged intelligence interference in judiciary

Updated 6 sec ago
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Pakistan’s top court resumes hearing on alleged intelligence interference in judiciary

  • The Supreme Court took up the case after six high court judges accused powerful spy agencies of intimidating them
  • Chief Justice Qazi Faez Isa says that judgments and court orders ‘shout’ on their own if there has been any meddling

ISLAMABAD: Pakistan’s top court on Tuesday resumed the hearing of a case involving accusations by six high court judges of interference and intimidation by the country’s powerful intelligence agencies in judicial matters.

The Supreme Court of Pakistan took up the case after six out of the eight Islamabad High Court judges accused the military’s Inter-Services Intelligence (ISI) agency of intimidating and coercing them over legal cases, particularly those with significant political consequences.

The judges provided various examples of alleged interference, including a case concerning Pakistan’s imprisoned former prime minister, Imran Khan. They also mentioned incidents where they said their relatives were abducted and tortured, and their homes were secretly surveilled, aiming to coerce them into delivering favorable judgments in specific cases.

Chief Justice of Pakistan (CJP) Qazi Faez Isa, who has repeatedly noted that judicial meddling would not be tolerated, mentioned that such interference could occur in multiple ways.

“Interference can be from within and without, from intelligence agencies, from one’s colleagues and family members or from social media,” he said.

He maintained that judgments and court orders “shout” on their own if there has been interference.

The CJP initially constituted a seven-member bench that last heard the matter on April 3. However, the bench had to be reconstituted after Justice Yahya Afridi recused himself.

Prior to that, the top Supreme Court judge also discussed the matter with Prime Minister Shehbaz Sharif, during which it was decided to form an inquiry commission.

However, a former Pakistan chief justice, Tassaduq Hussain Jillani, who was asked to head the commission, recused himself, asking the Supreme Court to deal with the issue on an institutional level.


Pakistani actress Mahira Khan bags ‘Artist in Fashion’ award at EMIGALA ceremony in Dubai 

Updated 30 April 2024
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Pakistani actress Mahira Khan bags ‘Artist in Fashion’ award at EMIGALA ceremony in Dubai 

  • EMIGALA awards in Dubai acknowledge creative and innovative impacts in the beauty and fashion industries
  • With a string of successful projects in film and TV, Mahira Khan is considered Pakistan’s most successful actress 

ISLAMABAD: Pakistani actress Mahira Khan bagged the “Artist in Fashion” award at the recently held prestigious EMIGALA awards in Dubai, where some of the world’s biggest names in fashion and beauty worldwide were honored. 

Khan was in attendance at the award ceremony held at Festival Bay in Dubai on Apr. 27 and 28. The event featured an array of A-list attendees such as Brazilian-American beauty personality Camila Coelho, Lebanese-British fashion entrepreneur Karen Wazen, Dubai Bling star Loujain Adada, social media sensation Narins Beauty, Indian singer Arjit Singh and Khan, among others. 

The EMIGALA awards acknowledge the creative and innovative impacts of global celebrities in the realms of beauty and fashion.

“The Artist in Fashion, Mahira Khan,” Emi Gala Awards wrote on Instagram with a picture of Khan posing with her trophy on Monday. 

Khan is counted among Pakistan’s most prolific actresses, gaining widespread recognition for her work in her country’s entertainment industry. The Pakistani actress became a household name after a string of successful drama serials following which she forayed into movies and made her mark across the border in India. 

She had her Bollywood debut opposite iconic actor Shah Rukh Khan in a crime action film, “Raees,” which was released in 2017. The Pakistani celebrity was also working on other Indian movie projects, though they could not take off when relations between the two countries deteriorated in 2016 after an Indian army brigade headquarters came under attack in Uri. The administration in New Delhi suspected Pakistan’s involvement which was denied by officials in Islamabad.

In 2021 Khan achieved another milestone when she debuted at the Cannes Film Festival, representing L’Oreal Paris Hair in her country. She has also represented various renowned local brands such as Elan, Zohra Rahman, and Menahel and Mehreen. 
 


Death toll from heavy rains in northwestern Pakistan surges to 92

Updated 30 April 2024
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Death toll from heavy rains in northwestern Pakistan surges to 92

  • Heavy rains in Pakistan’s northwest have injured 110, destroyed 4,200 houses since Apr. 10, says authority
  • Prone to natural disasters, Pakistan consistently ranks among countries most affected by impacts of climate change

PESHAWAR: The death toll from rain-related incidents in Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province since Apr. 10 has surged to 92 while the number of injured has increased to 116, a spokesperson of the Provincial Disaster Management Authority (PDMA) confirmed on Tuesday. 

The rains which began on Apr. 10 have destroyed 4,200 houses and damaged 5,900 others, PDMA spokesperson Anwar Shehzad shared. At least 17 people have been killed and 23 injured in rain-related incidents over the past three days, as per data from the PDMA’s latest report on Tuesday. 

The report said the 17 dead included nine men, three women and five children while the 23 injured included nine men, three women and 11 children. Deaths and financial losses due to heavy rains were reported in Bajaur, Swat, Mansehra, Battagram, Dir Lower, Malakand, Lakki Marwat, Shangla, Mohmand and South Waziristan districts, the PDMA report added. 

“At least 92 persons have died including women, children, and elderly people while 116 others were wounded since Apr. 10 in incidents involving roof collapse and lightning in parts of the province,” Shehzad told Arab News.

The PDMA’s report said the authority, district administrations and relief teams are engaged in relief activities in the affected districts. “The PDMA has also directed district administrations of the affected districts to provide immediate financial support to the victims,” it added. 

Pakistan has received heavy rains this month that have triggered landslides and flash floods in several parts of the country.

The eastern province of Punjab has reported 21 lighting- and roof collapse-related deaths, while Balochistan, in the country’s southwest, reported at least 15 deaths this month from torrential rains. 

In 2022, unprecedented rains swelled Pakistan’s rivers and at one point flooded a third of the country, killing 1,739 people. The floods also caused over $30 billion in damages, from which Pakistan is still trying to rebuild.

Pakistan has been prone to natural disasters and consistently ranks among the most severely affected countries in the world due to the effects of climate change.


Pakistani PM says IMF approval of $1.1 billion funding to bring economic stability

Updated 30 April 2024
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Pakistani PM says IMF approval of $1.1 billion funding to bring economic stability

  • Funding is last tranche of a $3 billion standby arrangement with the IMF secured last year
  • Islamabad is seeking a new, larger long-term Extended Fund Facility agreement with the IMF

ISLAMABAD: Prime Minister Shehbaz Sharif said on Tuesday the International Monetary Fund’s approval of $1.1 billion in funding for Pakistan would bring economic stability, amid discussions for a new bailout loan.

The funding is the second and last tranche of a $3 billion standby arrangement with the IMF, which Islamabad secured last summer to help avert a sovereign default.

The approval came a day after Sharif discussed a new loan program with IMF Managing Director Kristalina Georgieva on the sidelines of the World Economic Forum in Riyadh.

“Sharif expressed his satisfaction over the release of the last financial tranche of the IMF today,” the Prime Minister’s Office (PMO) said in a statement. “Receiving the last tranche of 1.1 billion dollars from the IMF will bring more economic stability in Pakistan.”

This is the second Stand-by Arrangement (SBA) for short-term financial assistance that Pakistan has completed, the last one being in 2016 during the government of three-time PM Nawaz Sharif, who is Sharif’s elder brother. 

“Bitter and difficult decisions were taken for the economic security of Pakistan, but their fruits are coming in the form of economic stability,” Sharif added about reforms under the IMF program.

The $350 billion economy faces a chronic balance of payments crisis, with nearly $24 billion to repay in debt and interest over the next fiscal year — three-time more than its central bank’s foreign currency reserves.

Islamabad is seeking a new, larger long-term Extended Fund Facility (EFF) agreement with the fund after the current standby arrangement expires this month, and continuing with necessary policy reforms to rein in deficits, build up reserves and manage soaring debt servicing.


Aramco acquires 40% stake in GO, marking first entry into Pakistani fuel retail market

Updated 30 April 2024
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Aramco acquires 40% stake in GO, marking first entry into Pakistani fuel retail market

  • Saudi oil giant Aramco inked agreement to buy 40 percent stake in Gas and Oil Pakistan Ltd. in December 2023 
  • Acquisition to bring much-needed foreign direct investment in Pakistan’s energy sector, says competition commission

KARACHI: The Competition Commission of Pakistan (CCP) this week approved Saudi oil giant Aramco’s decision to acquire a 40 percent stake in local company Gas & Oil Pakistan Ltd, officially marking the Saudi company’s entry into Pakistan’s fuels retail market. 

Aramco and Gas signed the agreement to acquire 40 percent stake in Gas and Oil Pakistan Ltd., a licensed oil marketing company, in December 2023. Gas and Oil Pakistan Ltd. is involved in the procurement, storage, sale, and marketing of petroleum products and lubricants. It is also one of Pakistan’s largest retail and storage companies.

Aramco is a global integrated energy and chemicals company that produces approximately one in every eight barrels of the world’s oil supply and develops cutting-edge energy technologies. Aramco Asia Singapore Pte. Ltd., a Singaporean company wholly owned by Saudi Aramco, filed the pre-merger application with the CCP. It specializes in sales, marketing, procurement, logistics, and related services, with a focus on prospecting, exploring, drilling, extracting, processing, manufacturing, refining, and marketing hydrocarbon substances.

“The Competition Commission of Pakistan (CCP) approved a 40 percent equity stake acquisition in Gas & Oil Pakistan Ltd. (GO) by Aramco, a global leader in integrated energy and chemicals,” the CCP said in a statement on Monday. “This transaction marks Aramco’s first entry into Pakistan’s fuels retail market, underscoring its confidence in the country’s economic potential and its commitment to its growth.”

The CCP said it had authorized the merger after determining that the acquisition would not result in the acquirers’ “dominance” in the relevant market post-transaction.

“Aramco’s acquisition indicates a significant milestone in Pakistan’s energy sector, bringing advanced expertise and technology to the fuels retail market,” it said. “This development is expected to boost competition, elevate service standards, and provide consumers with a broader range of high-quality products.”

The CCP said the acquisition would help bring much-needed foreign direct investment in Pakistan’s energy sector, contributing to economic growth and development of the country. 

In February 2019, Pakistan and Saudi Arabia inked investment deals totaling $21 billion during the visit of Saudi Crown Prince Mohammed Bin Salman to Islamabad. The agreements included about $10 billion for an Aramco oil refinery and $1 billion for a petrochemical complex at the strategic Gwadar Port in Balochistan.

Pakistan’s Prime Minister Shehbaz Sharif, who is in Saudi Arabia for a special meeting of the World Economic Forum, held meetings this week with Saudi Arabia’s ministers of energy, economy and planning, and environment, according to his office.

In a meeting with Saudi Energy Minister Prince Abdulaziz bin Salman on Monday evening, Sharif highlighted initiatives undertaken by Pakistan to facilitate investment in the energy sector. The Saudi side showed keen interest in Pakistan’s energy projects highlighted by Sharif, the Prime Minister’s Office (PMO) said. 

The proposed projects included building new and improving existing energy infrastructure, increasing focus on renewable energy, and bringing efficiency across entire energy ecosystem in Pakistan, according to the statement. 

Pakistan and Saudi Arabia enjoy strong trade, defense and cultural ties. The Kingdom is home to over 2.7 million Pakistani expatriates and serves as the top source of remittances to the cash-strapped South Asian country.

Both countries have been closely working to increase bilateral trade and investment deals, and the Kingdom recently reaffirmed its commitment to expedite an investment package worth $5 billion.