The Indus Motor Company (IMC) has reduced the prices of Daihatsu Cuore and Toyota Corolla Sedan. The reduction ranges between Rs 15,000 to Rs 40,000 per vehicle, said a statement of IMC on Wednesday.

The company’s spokes-person added that over the last several months IMC has made major capital investments amounting Rs 2 billion in the Phase 2 of Press Shop project and also in the engine assembly and testing facilities. These projects are now reaching implementation and start up stage that enables the company to pass the benefits of enhanced localisation and assembly to our valued customers, accruing from these projects. Continue reading »

 

ALI SUKHANVER

 December 25 of every year reminds me of a marvelous philosophical saying; Life is like a tennis match. If you want to win, you must serve well, return well and play coolly. Always remember that the game begins with Love all; this saying freshens my mind with the memories of all those who conquered this world with the sword of love and affection, particularly of the Holy Christ and Mr. Mohammed Ali Jinnah., no doubt two immortal personalities; one who brought the heavenly message of benevolence and kindheartedness for the whole humanity and the other who gave a new life to the ever-crushed and ever-trampled Muslims of the Indian Sub-continent. He proved that it is not the history which makes the people immortal; it is their determination and the commitment to their goal which transforms them into the eternal. Continue reading »

 

After having a challenging year in terms of achieving price stability, FY10 was a year of recovery in growth and ease in inflationary pressures for the country. This coupled with improvements in external sector indicators and exchange rate stability helped SBP to ease its monetary policy stance during the year with a 150 basis points cut in the discount rate. The first cut came in Continue reading »

 

By Ashfak Bokhari

THE decision to carry out the test burn of coal earlier than the scheduled date of March next year under the Underground Coal Gasification Project is good news. The need for converting coal into electricity to overcome the ever-aggravating power crisis has never been as urgent as it is today.

Dr Samar Mubarakmand, the nuclear scientist, who runs the UGC is also a member of the Planning Commission dealing with this project. The decision to revisit the test burn date was taken after he met President Zardari before his departure for China. Continue reading »

 

By Qaisar Sultan

When the process of decay in Pakistani politics, education and morals corded the state at its core? Few like to start with general Ayuab Khan; some blame Bhutto; many believe general Zia who destroyed the civility of the state; and the younger generation knows only the star of modern politics in Pakistan that started with Benazir and Nawaz Sharif, bringing in the corruption and family politics. Nawaz and ruling party leadership are now pointing the figure at general Musharraf- He was a prince among the thieves. I think that the whole country, including the most leaders of the world, with some exceptions, get clear picture that Zardari is the last straw breaking the camel’s hump. The process of the decay has changed into a lump of rotten body being chewed up by the maggots, the politicians, the military, bureaucrats, office workers, legislators and anybody who is somebody important. Most honest and decent men and women are mere spectators to watch the demise of something so sacred, a nation that was and still is their dream. Continue reading »

 

 Excise and Taxation Department introduced a new paper-free registration system of vehicles for convenience of citizens.

Under the new system, the applicant, from now on, will not require to fill any form, rather, he just have to bring required documents of vehicle and after scrutiny of the documents. After this, staff at the counter will fill the form on the computer within no time and will take out print, which will be handed over to the applicant, who will sign it for further processing of the case by the department.
Continue reading »

 

The approach to implement a pro-growth strategy has not been addressed by the central bank. The trade-off between inflation and growth can be avoided if the economy can improve its supply-side performance. As the pace of the economy slows down, the unemployment rate rises

By Dr. Noor Fatima

Traditionally, monetary policy is an instrument of macroeconomic stabilisation; however, the matter to ponder upon is whether it has actually helped in lowering inflation and promoting growth in developing economies. The outcome in this context is not promising for Pakistan, which is trapped in the predicament of high inflation and low growth. A central bank is responsible to control the money supply and maintain financial stability through various tools of monetary policy. The State Bank of Pakistan (SBP) by following tight monetary policy stance has hiked the discount rate to curtail inflation. But, this policy has failed to deliver the desired results in the country as inflation has reached an uncontrollable level. Continue reading »

 

ALI SUKHANVER

It is still an ambiguity why was the ‘innocent’ Julian Assange pushed behind the bars. According to the details he has been arrested for the alleged rape and molestation of two women though he has been denying the charges since the day first. According to The News-Worthy Info, a lawyer for the two Swedish women who are accusing Assange for molesting and raping them said that the charges are in no way politically motivated and that “the women are angry at that suggestion”. Claes Borgstrom the attorney said, “They were attacked by Mr. Assange and then they are treated like perpetrators themselves. He has molested them and then sacrificed them for his own interests”. Mr. Assange, a 39-year-old Australian, was arrested in London last week accused of four sexual assaults, including one charge of rape on the women in Stockholm in August. He has denied the charges, insisting the sex with the women was consensual. Christine Assange, his mother has a different opinion regarding the arrest of her son. Talking to the media-men in Melbourne she said, “my son is facing massive forces who have decided to stop him violating all rules and regulations.’ The Wikileaks organizers also express the same point of view. They say that the rape charges against Mr. Assange are in fact baseless allegations levied upon him as a reaction of the Wikileaks breaking revelations. Continue reading »

 

Mehmood-Ul-Hassan Khan

Water Security Agenda

Water is life and one of the cheapest sourece of energy. At the closing of the 31th Gulf Cooperation Council (GCC) summit, persided by H.H. Sheikh Khalifa bin Zayed Al Nahyan, the council jointly announced a comperhensive plan to cope with the deciling levels of water which is indeed one of the biggest regional challenges. United Arab Emirates has now become president of the GCC and it is detrmined to take effective policy initatives about the water security.

Sheikh Abdullah bin Zayed, the Minister of Foreign Affairs, reaffirmied that the focus of the GCC in the next year would primarily include water security, removing obstacles to the Gulf’s proposed customs union, and negotiating free trade agreements with other blocs of countries. Abdul Rahman al Atiyyah the outgoing secretary general of the GCC states also endorsed the importance of water security, diversifaction of energy resources and food security for the socio-economic propserity of the regional countries. He outlined the plan of water security.

Salient Features

(a) Reduction of the carbon footprint of GCC states, measured as among the highest in the world.
(b) Concrete steps to build a long-term strategy for water security
(c) Strong commitment to combating climate change.
(d) Study of the multidimensional effects of the climate change especially on the regional water reservoirs.
(e) Elimination in the effects of desalination on marine life and climate change.
(f) Revision of the national and regional standards that would limit the carbon footprint of the energy and water sectors, as well as the carbon footprint of individual homes.
(g) To increase efficiency and support research results studies in order to make energy and water production more efficient.
(h) Preparations of the draft legislation that would mandate improving the efficiency of the associated industries.
(i) Promotion of the water conservation.
(j) Enhance public awareness about the domestic usage of water.
(k) Improvement in the regional desalination plants by funding research and buying new desalination technology.
(l) Introduction of new efficiency standards for home appliances.
(m) More focus on the regional agriculture sector and try to promote environmentally friendly farming practices like hydroponic farming.

The above mentioned salient features of the water security agenda clearly indicate the determination of all the six countries of the GCC to cope with the emerging threats of human survival in the region in the shape of increasing incidents of climate change, declining ratios of water, low level of agro-production and the last but not the least food security.

31th Gulf Cooperation Council was held in Abu Dhabi on 6-7 December. The leaders discussed thoroughly on different national, regional and international emerging trends in socio-economy, politics and geo-strategic. They spelled out different laws, regulations and strategies to achieve the desired goals of the GCC formation. In the concluding statement the leaders of the GCC states showed their deep concerns about the emerging geo-political and geo-strategic scenarios in Arab Gulf and the Middle East and chalked out their short and long term policy initiatives to counter them successfully.

1. Pakistan

At the 31th GCC summit concluding session the leaders once again reassured their commitments and extension of humanitarian assistance to the government and people of Pakistan. They also appealed to international community to support the people of Pakistan in order to alleviate their sufferings caused by the recent deadly flood in the country.

2. Regional Cooperation in the fields of security

They stressed the need to have closed cooperation in the fields of security, defence/military, intelligence information sharing, and the last but not the least peaceful nuclear energy cooperation among the GCC states. They reaffirmed their commitments to be transparent, open and fair to international regulatory bodies i.e. IAEA for the implementation and execution of their peaceful nuclear energy programs in the region. The leaders emphasized the importance of having joint defence/military cooperation and mechanism in all the GCC states in order to prepare themselves for any geo-strategic threats.

3. Importance of Socio-Economic Development

The leaders also emphasized the importance of socio-economic development not confined only to heath, education, environment, climate change, water conservation and employment generation. They also reviewed the importance of certain specifications and standards in each field of the regional national economies respectively.

4. Mega Infrastructural Development

The GCC concluding statement also mentioned the different useful proposals of the participating states and discussed thoroughly their collective benefits. They featured the importance of infrastructure and approved the mega projects of railways, electrification, trade & commerce, science and technology and cultural cooperation and collaboration among the GCC states.

5. Terrorism and Extremism

They showed deep concerns about the terrorism, extremism and violence and proposed certain effective policy tools to combat terrorism by enhancing capacity building measures, information sharing, training, technological innovation, and moreover, establishment of international anti-terrorist center. They also emphasized the need to further strengthening of inter-faith harmony and continued dialogue between the civilizations in order to make better understanding about the diversified cultures and religions.

6. Human Resources

In the 31th GCC Summit the leaders focused on the industrialization and best utilization of available human resources in the GCC states. The leaders discussed GCC-EU socio-economic bilateral relations and prospects of having free trade agreement with it.

7. Importance of Maritime Piracy

The GCC concluding statement also spelled out the importance of maritime piracy and stressed the need to have mutual naval cooperation among the GCC states.

8. UAE Islands

The important geo-political regional issues were also featured in the concluding statement of the 31th GCC Summit. They condemned the continued occupation of three UAE islands i.e. The Greater Tunb, The Lesser Tunb and Abu Musa by Iran and demanded the return of these islands under its full sovereignty, including their regional waters, airspace, continental shelf and their exclusive economic zone, as integral parts of the United Arab Emirates. He called upon the international community to urge Iran to respond to the peaceful and sincere initiatives of the United Arab Emirates, which call for a just settlement of this issue, either through direct and serious negotiations between the two countries or by referring the issue to the International Court of Justice to settle this dispute in accordance with the principles of the UN Charter and provisions of international law.

9. Free Zone of Weapons of Mass Destruction

They reiterated their principled position which calls for making the Gulf Region and the Middle East a zone free of weapons of mass destruction, especially nuclear weapons. They called upon Israel to implement the resolution adopted by Parties of the Treaty to join the NPT unconditionally. They also urged Iran to fully cooperate with the IAEA and the international community in order to assuage regional and international fears and doubts raised on its nuclear program.

10. Solidarity with Iraq

The GCC leaders reassured their countries commitments for the progress and prosperity of the people of Iraq through comprehensive national reconciliation without any discrimination. They also reiterated the necessity to respect the territorial integrity, sovereignty, independence of Iraq, and furthermore, safeguarding its Arab and Islamic identity.

11. Palestine- Israel issue

On the issue of Palestine- Israel issue the leaders stressed the need to have peaceful resolution of the issue by ending the Israeli occupation of the Occupied Palestinian and other Arab Territories and its withdrawal to the line of 4 June 1967, including East Jerusalem, the Syrian Golan Heights and the remaining occupied territories in Southern Lebanon, in order to achieve a just and comprehensive peace in accordance with the resolutions of international legitimacy. They pledged the GCC states support to the Palestinian National Authority and its people. They also demanded the stop of Israel settlement policy which caused many dimensional repercussions in the region.

12. Lebanon

The GCC declared their states support to the efforts of the Lebanese government towards achieving security, stability and national unity and called for respecting the sovereignty of the Lebanese state and for ceasing the repeated Israeli violations of the Lebanese airspace, waters, territories and regional safety in accordance with the Security Council Resolution 1701.

13. Yemen

On the issue of Yemen they showed their commitments towards the security and stability of Yemen and its territorial integrity and safety. They urged the international community to stand by the government of Yemen and extend to it the necessary assistance and support.

 

Mehmood-Ul-Hassan Khan

1. Since beginning of our recent national crisis in shape of flood the UAE has been engaged with us in our efforts of rescue, relief, and recovery. How you evaluate its continued humanitarian assistance?

The People of Pakistan have special respect and regards to H.H. Sheikh Khalifa bin Zayed Al Nahyan President of United Arab Emirates for his generous humanitarian assistance in the time of our national crises. Recent series of floods in Pakistan played havoc to our socio-economic fabric and in response to the appeal of the government of Pakistan; to H.H. Sheikh Khalifa bin Zayed Al Nahyan President of United Arab Emirates ordered for the immediate supplies of relief goods for the flood affected people is highly appreciable.

Khalifa Bin Zayed Al Nahyan Foundation was the first to send immediate consignment of relief items for the flood affected people of Punjab and it is still continued. The foundation distributed 47,000 ration bags, 6000 mineral water bottles, 7900 tents, 9500 blankets, nans with potatoes 94,000, 5000 water jerry canes, 811 tarpaulins, 28000 cooked food (person), 8 water filtration plants and the last not the least 90 tons dates.

These items were dispatched to six districts of Punjab which are Rahim Yar Khan, Ranjanpur, DG Khan, Muzaffargarh, Bahawalpur and Bhakhar. A large number of military plane loads of items were also sent by UAE Red Crescent. In addition, the UAE also provided three Chinook helicopters to Punjab Government for the integrated rescue, relief and recovery efforts in the flood affected areas. Overall, the UAE Government contributed US$32 million of goods for the flood victims. In this connection, we are grateful to the visionary leadership and people of the UAE for their continued generous humanitarian assistance to the flood inflicted people of Punjab.

The H.H. Khalifa Bin Zayed Al Nahyan Foundation provided medical facilities for the most vulnerable, which include vaccination of 600,000 children and women. Mohammed bin Rashid Al Maktoum Humanitarian and Charity Foundation donated 4 tons of canned food stuff and 11 tons of tarpaulin sheet tents which accommodated 7500 families.

The UAE supported to Sukh Chayan Gatden (Pvt.) Ltd was enough to construct a complete model village at one our most affected areas Mithankot, district Rajanpur. At Basti Miani Mullah, the worst affected village work is going on fast pace to build 135 houses. Out of which 6 houses have been completed. Roof slabs installation 20, Up to roof level 14, up to door level 35, up to DPC level 25, under DPC level 15 and the last but not the least plinth level have been completed which clearly reflect our commitment towards the wellbeing of flood affected people.

Construction is also going on the Community Complex and a Play ground/Park for the children. Four acres of land has been specially purchased at market price for these common facilities for public.

Valuable contributions of the prominent organizations not confined only to Khalifa Bin Zayed Al Nahyan Foundation, Dr. Sultan bin Khalifa bin Zayed al Nahyan , UAE Military Relief Force, UAE’s Red Crescent authority and Mohammed bin Rashid Al Maktoum Humanitarian and Charity Foundation.

We are also grateful to the National Crisis and Emergency Management Authority and Dubai Islamic Bank for assisting us. The UAE based companies in Pakistan such as the PTCL and Ufone also donated amounts to our relief funds. UAE backed Sukh Chayan Gatden (Pvt.) Ltd is working on housing and shelters for the needy in the flood inflicted areas.

2. What are the secrets of UAE high levels of trade volumes, profitability of service sector, and literacy rates?

The rapid strides made by United Arab Emirates, owed it to highly focused and visionary leadership of the UAE who paid special attention to the socio-economic transformation of its people. Their investment friendly policies have already made the UAE an ideal destination of foreign direct investments and hub of all sorts of trade and commerce activities. The diversification and liberalization in its national economy based on principles of free market economy succeeded to transform sands into stable and sustainable macro-economy.

As a result of the wise leadership of Sheikh Khalifa the government of the UAE has succeeded to tackle the bad multiplier effects of ongoing global economic recession and financial crunch in the country. He introduced many meaningful socio-economic policies and financial reforms and ultimately achieved stability and sustainability in the macro-economy. He followed infrastructure development, introduced strong regulatory mechanism and the last but not the least prologue of structural reforms in the UAE which are now paying the dividends. Under his far-sightedness in investment promotion, regulation and monitoring of credit, immaculate planning mechanism and institutionalization of scientific research, UAE has become most technological driven economy. His economic model transformed the UAE successfully from the stage of gradual labour-intensive to new stage of strong industry. United Arab Emirate has become hub of trade, investments, services sector and tourism.

3. What are the main areas/sectors of mutual cooperation with UAE?

The UAE has emerged among Pakistan’s leading trading partners and a source of home remittances from Pakistani expatriates working in the UAE. Prospects are very bright to extend our mutual cooperation in the fields of energy production, agriculture, dairy farming, food security, livestock, tourism, construction/housing, and the last not the least petroleum products.

4. What is your message to people of UAE on 39th National Day?

We have all along shared very close brotherly and time tested bilateral relations between UAE and Pakistan. On this auspicious day we pray for health, happiness and long life for H.H. Sheikh Khalifa bin Zayed Al Nahyan President of UAE and for greater harmony between the tow countries. We also wish all our brothers and sisters living in the United Arab Emirates a happy and prosperous National Day.

 

By Mehmood-Ul-Hassan Khan

Abu Dhabi, Dec 7: At the 31th GCC summit concluding session the leaders once again reassured their commitments and extension of humanitarian assistance to the government and people of Pakistan. They also appealed to international community to support the people of Pakistan in order to alleviate their sufferings caused by the recent deadly flood in the country.
They spelled out different laws, regulations and strategies to achieve the desired goals of the GCC formation. They stressed the need to have closed cooperation in the fields of security, defence/military, intelligence information sharing, and the last but not the least peaceful nuclear energy cooperation among the GCC states. They reaffirmed their commitments to be transparent, open and fair to international regulatory bodies i.e. IAEA for the implementation and execution of their peaceful nuclear energy programs in the region. The leaders emphasized the importance of having joint defence/military cooperation and mechanism in all the GCC states in order to prepare themselves for any geo-strategic threats.
They also emphasized the importance of socio-economic development not confined only to heath, education, environment, climate change, water conservation and employment generation. They also reviewed the importance of certain specifications and standards in each field of the regional national economies respectively.
In the concluding statement the leaders of the GCC states showed their deep concerns about the emerging geo-political and geo-strategic scenarios in Arab Gulf and the Middle East and chalked out their short and long term policy initiatives to manage them successfully.
The GCC concluding statement also mentioned the different useful proposals of the participating states and discussed thoroughly their collective benefits. They featured the importance of infrastructure and approved the mega projects of railways, electrification, trade & commerce, science and technology and cultural cooperation and collaboration among the GCC states.
They showed deep concerns about the terrorism, extremism and violence and proposed certain effective policy tools to combat terrorism by enhancing capacity building measures, information sharing, training, technological innovation, and moreover, establishment of international anti-terrorist center. They also emphasized the need to further strengthening of inter-faith harmony and continued dialogue between the civilizations in order to make better understanding about the diversified cultures and religions.
They focused on the industrialization and best utilization of available human resources in the GCC states. The leaders discussed GCC-EU socio-economic bilateral relations and prospects of having free trade agreement with it.
The GCC concluding statement also spelled out the importance of maritime piracy and stressed the need to have mutual naval cooperation among the GCC states.
The important geo-political regional issues were also featured in the concluding statement of the 31th GCC Summit. They condemned the continued occupation of three UAE islands i.e. The Greater Tunb, The Lesser Tunb and Abu Musa by Iran and demanded the return of these islands under its full sovereignty, including their regional waters, airspace, continental shelf and their exclusive economic zone, as integral parts of the United Arab Emirates. He called upon the international community to urge Iran to respond to the peaceful and sincere initiatives of the United Arab Emirates, which call for a just settlement of this issue, either through direct and serious negotiations between the two countries or by referring the issue to the International Court of Justice to settle this dispute in accordance with the principles of the UN Charter and provisions of international law.
They reiterated their principled position which calls for making the Gulf Region and the Middle East a zone free of weapons of mass destruction, especially nuclear weapons. They called upon Israel to implement the resolution adopted by Parties of the Treaty to join the NPT unconditionally. They also urged Iran to fully cooperate with the IAEA and the international community in order to assuage regional and international fears and doubts raised on its nuclear program.
The GCC leaders reassured their countries commitments for the progress and prosperity of the people of Iraq through comprehensive national reconciliation without any discrimination. They also reiterated the necessity to respect the territorial integrity, sovereignty, independence of Iraq, and furthermore, safeguarding its Arab and Islamic identity.
On the issue of Palestine- Israel issue the leaders stressed the need to have peaceful resolution of the issue by ending the Israeli occupation of the Occupied Palestinian and other Arab Territories and its withdrawal to the line of 4 June 1967, including East Jerusalem, the Syrian Golan Heights and the remaining occupied territories in Southern Lebanon, in order to achieve a just and comprehensive peace in accordance with the resolutions of international legitimacy. They pledged the GCC states support to the Palestinian National Authority and its people. They also demanded the stop of Israel settlement policy which caused many dimensional repercussions in the region.
The GCC declared their states support to the efforts of the Lebanese government towards achieving security, stability and national unity and called for respecting the sovereignty of the Lebanese state and for ceasing the repeated Israeli violations of the Lebanese airspace, waters, territories and regional safety in accordance with the Security Council Resolution 1701.
On the issue of Yemen they showed their commitments towards the security and stability of Yemen and its territorial integrity and safety. They urged the international community to stand by the government of Yemen and extend to it the necessary assistance and support.

 

WikiLeaks has taken over the fancy of news seekers all over the world. To some of us, it was a positive and fair use for the technology. Julian Assange has described how he retrieved the information. The problem was that lot information was given to Assange by Bradley Manning, an intelligent analyst, working in California. Manning who voluntarily gave the details of secret documents to Assange, had the access to the security network. He infiltrated into secret documents through SPIRnet, used by the US defense and state department and Joint worldwide Intelligence Communication System for the files of classified top secrets-That was illegal. Freedom of speech, the latitude allowed in the dissemination of information and news and the flexible codes in these matters do not warrant to retrieve and to open to the world news media that is considered secret by the American government. Continue reading »

 

By Mubarak Zeb Khan and Aamir Shafaat Khan

ISLAMABAD/KARACHI: The government has raised the import `age limit` of used cars to five years from three years sending a strong message of displeasure to domestic car assemblers for their constant ignorance to Islamabad`s demand to lower car prices.

The 5-year old cars will be cheaper than the three years old one to be imported under transfer of residence and personal baggage schemes of expatriate having a stay of more than six months abroad and gifts schemes entitled to the blood relatives in case of more than two years stay abroad. Continue reading »

 

20 pc Karachiites support MQM, claimed President
Islamabad—In a cable sent on Saturday, 20 June 2009 by US Ambassador Anne W. Patterson wrote; ‘although he (President Zardari) is not a popular leader and admits himself that he came to high office without previous direct experience as an elected politician.

The cable also said, ‘Prime Minister Gilani has shown strong leadership skills in building Parliamentary coalitions at times of national crisis and in the absence of public leadership by President Zardari.
Continue reading »

 

Classified By: Anne W. Patterson, for reasons 1.4 (b)(d)

As Foreign Minister Qureshi and his team arrive in Washington for coordination on the Holbrooke/Riedel strategic review, Post offers the following thoughts on issues for strategic engagement. In the coming weeks, Post will detail our suggestions on how to expand political, economic, security, and intelligence engagement with Pakistan from the current $2 billion annually to $4 billion beginning in FY2011. Continue reading »

© 2011 Overseas Pakistani Friends Suffusion theme by Sayontan Sinha