Pakistan
Pakistan’s former Foreign Minister Khawaja Asif arrested in assets beyond means case
The arrest was executed in the “assets beyond known sources of income case”, NAB officials said in a statement. The bureau further said that Asif held a Dubai iqama (work permit) from 2004 to 2008, and earned a total of ₹ 136 million for his services as a consultant legal adviser.
China denies seeking guarantees from Pakistan
Pakistan is provided with loan amounts through CSA, a Chinese trade finance facility. Pakistan has been using this facility since 2011 to repay foreign debt, along with keeping its gross foreign currency reserves at comfortable levels. With China coming to Pakistan's rescue, the overall trade facility from China to Pakistan would reach up to at least $4.5 billion. Chinese foreign minister's spokesperson also stated that the Belt and Road Initiative (BRI) and CPEC has maintained positive momentum of development despite the Covid-19 pandemic.
Railway project under CPEC to boost Pak's exports: Imran
With the implementation of the project, Pakistani seaports will be better connected with land routes and the country's export goods would be able to reach international markets in a timely manner, helping Pakistan to earn valuable foreign exchange
‘Incompetent’ Imran Khan ‘imposed’ on Pakistan: Maryam Nawaz
Beginning her speech in Sindhi, she said, "In 2008, when there was talk of the Pakistan Peoples Party (PPP) government being toppled, Nawaz Sharif quashed such thinking and said that the coming and going of governments is a decision for the people to make, not political parties."
Sindh province of Pakistan not to free key Daniel Pearl murder accused: Report
A three-judge Supreme Court had noted that till the next date of hearing, the accused will not be released. The report came three days after the Sindh High Court (SHC) on December 24 ordered the Sindh government to immediately release the four men. The sources told The Express Tribune that the Sindh government will also challenge the SHC December 24 order in the Supreme Court.
Pakistan: Mumbai terror attack mastermind Hafiz Saeed jailed for over 15 years in another case
Besides Saeed, ATC Judge Ijaz Ahmed Buttar also handed down punishments to Hafiz Abdul Salam, Zafar Iqbal, Muhammad Ashraf and Yahya Mujahid to 15 years and six-month imprisonment, whereas a six-month imprisonment was handed down to Hafiz Abdul Rehman Makki, the report quoted details issued by the JuD as saying.
No backdoor dialogue with India underway: Shah Mahmood Qureshi
Qureshi's statement comes at a time when heavy exchange of fire between the Indian and Pakistan border security forces have intensified, leaving dozens of casualties on both sides. Pakistan's Foreign Ministry has been summoning the Indian envoy to record their protest against what it calls, India's deliberate ceasefire violation along the Line of Control (LoC).
China asks Pakistan for additional guarantees for $6B loan
Pakistan has sought the $6 billion loan help from China for Main Line (ML-1) project against which, Beijing has sought guarantees due to Islamabad's weakening position. China has also proposed commercial and concessional loan against Pakistan's desire to secure the cheapest lending.
Pakistan uses China’s financial assistance to repay Saudi loan
“Saudis, in the past never insisted on the repayment of loans, but that did not happen this time. The message from Riyadh was clear that it wanted its money back,
Pakistan Supreme Court to decide on letter of Daniel Pearl's murder accused
According to Faisal Siddiqui, the counsel of Pearl's parents, Sheikh submitted the hand-written letter to the Sindh High Court on July 19, 2019, reports The Express Tribune. In the letter, Sheikh claimed that he was "a scapegoat" arrested on the US "pressure", and that the real culprit was the Karachi militant, Attaur Rehman.
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