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	<title>Editorial Archives - The Financial Daily</title>
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		<title>Govt-PTI Standoff intensifies as long march raises political temperature</title>
		<link>https://thefinancialdaily.com/govt-pti-standoff-intensifies-as-long-march-raises-political-temperature/</link>
		
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		<pubDate>Thu, 08 Oct 2026 04:12:06 +0000</pubDate>
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		<guid isPermaLink="false">https://thefinancialdaily.com/?p=89393</guid>

					<description><![CDATA[<p>Manzar Naqvi KARACHI: Pakistan&#8217;s political temperature rose further on Wednesday as the standoff between the federal government and Pakistan Tehreek-e-Insaf (PTI) showed little sign of easing, with the opposition pressing ahead with its long march while the government urged it to call off the protest and return to the negotiating table. Prime Minister Shehbaz Sharif [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/govt-pti-standoff-intensifies-as-long-march-raises-political-temperature/">Govt-PTI Standoff intensifies as long march raises political temperature</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p style="text-align: center;">Manzar Naqvi</p>
<p style="text-align: justify;">
KARACHI: Pakistan&#8217;s political temperature rose further on Wednesday as the standoff between the federal government and Pakistan Tehreek-e-Insaf (PTI) showed little sign of easing, with the opposition pressing ahead with its long march while the government urged it to call off the protest and return to the negotiating table.<br />
Prime Minister Shehbaz Sharif has renewed his offer of talks to PTI, asking the party to abandon its march on Islamabad and resolve political differences through dialogue. The government, however, has also made clear that it will not allow the protest to disrupt the federal capital or threaten public order.<br />
The latest confrontation follows the breakdown of two rounds of negotiations between the government and opposition, which had initially raised hopes of a political breakthrough. The talks ultimately ran into a deadlock, with counterterrorism policy in Khyber Pakhtunkhwa and PTI&#8217;s demand for access to its jailed founder, former prime minister Imran Khan, emerging as major sticking points.<br />
PTI maintains that meaningful reconciliation is not possible without consultation with Imran Khan and insists that its protest campaign is a legitimate exercise of its democratic and constitutional rights.<br />
The government, meanwhile, says further negotiations remain possible but has linked their resumption to PTI ending its protest campaign and cooperating on counterterrorism measures in Khyber Pakhtunkhwa.<br />
The growing confrontation has raised concerns that Pakistan could be heading towards another cycle of street agitation, administrative restrictions and political uncertainty at a time when the economy is struggling to consolidate recent gains.<br />
President Asif Ali Zardari and Prime Minister Shehbaz Sharif have favoured giving political dialogue another opportunity before considering other measures, reflecting efforts within the ruling coalition to prevent the crisis from escalating further.<br />
The situation in Khyber Pakhtunkhwa has emerged as a particularly sensitive element of the dispute. Prime Minister Shehbaz Sharif on Wednesday stressed that rising terrorism in the province must be stopped &#8220;at any cost&#8221;, underlining the government&#8217;s growing concern over the security situation.<br />
The Centre has sought greater cooperation from the provincial government on counterterrorism measures, while PTI argues that any security strategy should be developed through consultation between the federal and provincial governments and relevant stakeholders.<br />
The political dispute has consequently become intertwined with a much wider national security debate.<br />
At the same time, opposition voices have urged the government to exercise restraint. JUI-F chief Maulana Fazlur Rahman has called on the authorities not to obstruct PTI&#8217;s march, arguing that peaceful protest is a democratic right.<br />
The immediate challenge for the government is to maintain law and order without allowing administrative measures to deepen political confrontation. For PTI, the test will be to ensure that its mobilisation remains peaceful and within constitutional and legal limits.<br />
The economic implications of another prolonged political confrontation are also becoming increasingly important.<br />
Prime Minister Shehbaz has warned that protests and long marches could hurt exports, imports, manufacturing and the broader economic recovery. Political instability can also weaken investor confidence, disrupt transportation and supply chains and increase uncertainty for businesses.<br />
Pakistan can ill afford such disruption when the country is seeking to attract investment, strengthen exports, create employment and maintain macroeconomic stability.<br />
Political observers believe there remains room for de-escalation despite the breakdown of the latest negotiations. PTI Chairman Barrister Gohar Ali Khan has also indicated that dialogue could still be revived if the party&#8217;s representatives are allowed to consult Imran Khan.<br />
This leaves both sides with a narrow but potentially important opening.<br />
Rather than allowing the confrontation to move towards another political collision, the government and opposition could return to negotiations with a limited initial objective: lowering political temperatures, agreeing on rules for peaceful political activity and establishing a workable mechanism for continued dialogue.<br />
Parliament could also provide a platform for addressing political differences and rebuilding communication between the government and opposition.<br />
With Pakistan simultaneously confronting economic pressures, terrorism and governance challenges, another prolonged political crisis could carry consequences far beyond party politics.<br />
The coming days will therefore be crucial in determining whether the country moves towards confrontation or compromise.<br />
For both the government and PTI, the choice is increasingly clear: continue down a path of protests, barricades and political escalation, or return to dialogue before the current standoff develops into a deeper national crisis.</p>
<p>The post <a href="https://thefinancialdaily.com/govt-pti-standoff-intensifies-as-long-march-raises-political-temperature/">Govt-PTI Standoff intensifies as long march raises political temperature</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Russia rejects US claims, says Nuclear Programme Iran&#8217;s &#8216;Inalienable Right&#8217;</title>
		<link>https://thefinancialdaily.com/russia-rejects-us-claims-says-nuclear-programme-irans-inalienable-right/</link>
		
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		<pubDate>Sun, 04 Oct 2026 14:19:34 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
		<category><![CDATA[Iran]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=89298</guid>

					<description><![CDATA[<p>Manzar Naqvi KARACHI: Russia has rejected US allegations over Iran&#8217;s nuclear programme, saying Tehran is not obliged to abandon its nuclear activities and has an &#8220;inalienable right&#8221; to pursue a peaceful nuclear programme. Russia&#8217;s Permanent Representative to International Organizations in Vienna, Mikhail Ulyanov, made the remarks on Friday in response to US Ambassador to the [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/russia-rejects-us-claims-says-nuclear-programme-irans-inalienable-right/">Russia rejects US claims, says Nuclear Programme Iran&#8217;s &#8216;Inalienable Right&#8217;</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;">Manzar Naqvi</p>
<p style="text-align: justify;">
KARACHI: Russia has rejected US allegations over Iran&#8217;s nuclear programme, saying Tehran is not obliged to abandon its nuclear activities and has an &#8220;inalienable right&#8221; to pursue a peaceful nuclear programme.<br />
Russia&#8217;s Permanent Representative to International Organizations in Vienna, Mikhail Ulyanov, made the remarks on Friday in response to US Ambassador to the United Nations Mike Waltz, who accused Iran of violating its nuclear obligations and refusing to abandon its nuclear programme.<br />
&#8220;Apparently the US Ambassador doesn&#8217;t know that Iran is not obliged to abandon its nuclear programme. It is Iran&#8217;s inalienable right,&#8221; Ulyanov said in a post on X.<br />
He also criticised Washington&#8217;s interpretation of international nuclear rules, saying the Republican administration&#8217;s position was based on &#8220;wrong assumptions of non-proliferation norms and the IAEA activities.&#8221;<br />
The exchange highlights continuing differences between Moscow and Washington over Tehran&#8217;s nuclear activities amid renewed tensions surrounding the issue.<br />
Iran, a party to the Nuclear Non-Proliferation Treaty (NPT), maintains that its nuclear programme is intended exclusively for peaceful purposes and that it has the right to develop civilian nuclear technology. Tehran has repeatedly denied seeking nuclear weapons.<br />
Washington, however, has raised concerns over Iran&#8217;s uranium enrichment activities and compliance with its international nuclear obligations, calling for greater transparency and restrictions on sensitive nuclear work.<br />
The International Atomic Energy Agency (IAEA) remains at the centre of international efforts to monitor and verify Iran&#8217;s nuclear activities.<br />
Under the NPT framework, non-nuclear-weapon states have the right to develop nuclear energy for peaceful purposes while remaining subject to safeguards designed to prevent the diversion of nuclear material towards weapons programmes.<br />
Russia has maintained that differences over Iran&#8217;s nuclear programme should be addressed through diplomacy and established international mechanisms rather than political or military pressure.<br />
The latest Moscow-Washington exchange comes as the Iranian nuclear issue remains a major source of international tension and diplomatic efforts continue to find a framework balancing Iran&#8217;s peaceful nuclear rights with international non-proliferation concerns.</p>
<p>The post <a href="https://thefinancialdaily.com/russia-rejects-us-claims-says-nuclear-programme-irans-inalienable-right/">Russia rejects US claims, says Nuclear Programme Iran&#8217;s &#8216;Inalienable Right&#8217;</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Trump&#8217;s UN address puts Cuba, Iran at centre of global attention</title>
		<link>https://thefinancialdaily.com/trumps-un-address-puts-cuba-iran-at-centre-of-global-attention/</link>
		
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		<pubDate>Thu, 24 Sep 2026 02:50:15 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=89000</guid>

					<description><![CDATA[<p>KARACHI: US President Donald Trump used his address to the United Nations General Assembly to deliver a forceful message on America&#8217;s global priorities, directing particularly tough remarks at Cuba and Iran while presenting Washington as prepared for diplomacy but equally willing to use its power to protect American interests. Trump&#8217;s comments on Cuba triggered one [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/trumps-un-address-puts-cuba-iran-at-centre-of-global-attention/">Trump&#8217;s UN address puts Cuba, Iran at centre of global attention</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p style="text-align: justify;">KARACHI: US President Donald Trump used his address to the United Nations General Assembly to deliver a forceful message on America&#8217;s global priorities, directing particularly tough remarks at Cuba and Iran while presenting Washington as prepared for diplomacy but equally willing to use its power to protect American interests.<br />
Trump&#8217;s comments on Cuba triggered one of the most visible moments of protest during the session as the Cuban delegation walked out of the General Assembly hall in response to his remarks.<br />
The US president sharply criticised the Cuban government and described the country as a failed state, while speaking of political change and a different future for the Cuban people. His remarks reflected Washington&#8217;s continuing confrontation with Havana despite indications that diplomatic contacts remain possible.<br />
The walkout underlined the deep divisions between Washington and Havana, whose relations have remained strained for decades over US sanctions, Cuba&#8217;s political system, human rights and broader ideological differences.<br />
Trump&#8217;s address, however, carried even greater significance in relation to Iran, where the stakes extend well beyond bilateral relations and involve the security of the entire Middle East.<br />
The US president combined the possibility of negotiations and a future settlement with strong warnings over Tehran&#8217;s nuclear and regional policies. His remarks again raised the crucial question of whether Washington&#8217;s ultimate objective is to reach a negotiated agreement with Iran or maintain the option of further military confrontation if diplomacy fails.<br />
Trump indicated that Iran could have an opportunity for reconstruction, economic development and prosperity if an agreement could be achieved. At the same time, he made clear that Washington remained prepared to respond forcefully if Tehran refused to meet American demands.<br />
The contrasting messages &#8211; an opening for negotiations alongside warnings of potentially devastating consequences &#8211; highlighted the delicate stage of relations between the two countries.<br />
Iran&#8217;s nuclear programme remains at the heart of the dispute. Washington and its allies have demanded verifiable assurances regarding Tehran&#8217;s nuclear activities, while Iran has repeatedly maintained that its nuclear programme serves peaceful purposes and has called for an end to US sanctions and pressure.<br />
The wider implications of any renewed confrontation are considerable. An escalation involving Iran could affect Gulf security, international shipping routes, global energy supplies and oil prices, while also creating serious consequences for neighbouring states.<br />
For Pakistan, stability between Iran and the United States carries particular importance. Pakistan shares a long border with Iran and has repeatedly supported diplomatic engagement and regional stability. Any major conflict involving Tehran could create security and economic challenges across the region and place additional pressure on countries already facing the consequences of prolonged instability in the Middle East.<br />
Trump has repeatedly presented his foreign policy as one based on achieving peace through American strength. His UN address reflected that approach, combining calls for settlements with warnings that the United States would not hesitate to defend its interests.<br />
The address nevertheless highlighted the challenge facing Washington: converting pressure into sustainable diplomatic outcomes.<br />
The United Nations, established in the aftermath of the Second World War, remains the principal international forum where adversaries can confront their differences through dialogue rather than armed conflict. The Cuban delegation&#8217;s walkout demonstrated how quickly diplomatic exchanges can turn into open confrontation when rhetoric becomes particularly sharp.<br />
Attention will now focus on whether the tough language heard at the General Assembly is followed by intensified diplomacy, particularly between Washington and Tehran.<br />
With the Middle East already carrying the burden of years of conflict and instability, another major confrontation involving Iran could have consequences far beyond the region.<br />
Trump&#8217;s UN appearance therefore delivered two messages simultaneously: America remains prepared to negotiate, but it is also prepared to exert substantial pressure if negotiations fail.<br />
The critical question following his address is whether diplomacy will ultimately prevail over confrontation &#8211; particularly in dealing with Iran, where the difference between the two could determine not only the future of US-Iran relations but also the stability of the wider Middle East.</p>
<p>The post <a href="https://thefinancialdaily.com/trumps-un-address-puts-cuba-iran-at-centre-of-global-attention/">Trump&#8217;s UN address puts Cuba, Iran at centre of global attention</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Global oil prices break below $100 as supply fears ease,diplomacy hopes rise</title>
		<link>https://thefinancialdaily.com/global-oil-prices-break-below-100-as-supply-fears-easediplomacy-hopes-rise/</link>
		
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		<pubDate>Tue, 22 Sep 2026 04:14:00 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=88981</guid>

					<description><![CDATA[<p>KARACHI: International crude oil prices fell sharply on Monday, with both Brent and US West Texas Intermediate (WTI) trading below the psychologically important $100-a-barrel mark during the session, as recovering Saudi oil shipments and hopes of diplomatic progress between the United States and Iran eased fears of prolonged disruption to global energy supplies. Brent crude [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/global-oil-prices-break-below-100-as-supply-fears-easediplomacy-hopes-rise/">Global oil prices break below $100 as supply fears ease,diplomacy hopes rise</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p style="text-align: justify;">KARACHI: International crude oil prices fell sharply on Monday, with both Brent and US West Texas Intermediate (WTI) trading below the psychologically important $100-a-barrel mark during the session, as recovering Saudi oil shipments and hopes of diplomatic progress between the United States and Iran eased fears of prolonged disruption to global energy supplies.<br />
Brent crude fell as low as $99.53 a barrel, its lowest level since September 9, while WTI dropped nearly five per cent to below $96 a barrel, marking a significant retreat from the elevated levels seen amid mounting tensions in the Middle East.<br />
Later in Monday&#8217;s session, Brent recovered slightly above the $100 threshold. Reuters reported the November Brent contract at $100.39 a barrel, down $3.48 or 3.35 per cent, while the expiring October WTI contract was down $4.64, or 4.63 per cent, at $95.66 a barrel. The November WTI contract was even lower at $92.34.<br />
The sharp decline has brought oil prices to their lowest levels in nearly two weeks and represents an important shift in market sentiment after fears of serious Middle Eastern supply disruptions had pushed crude prices sharply higher.<br />
A major factor behind Monday&#8217;s decline was renewed optimism that diplomatic efforts surrounding this week&#8217;s United Nations General Assembly in New York could create an opening for negotiations over the Iran conflict.<br />
US President Donald Trump has said he would be open to meeting Iranian President Masoud Pezeshkian, who is expected to attend the UN gathering in New York. Iran has also reportedly communicated through intermediaries its conditions for re-engaging in negotiations.<br />
Although no diplomatic breakthrough has yet been secured, the possibility of renewed engagement has been sufficient to reduce some of the geopolitical risk premium built into crude prices.<br />
Markets have also been encouraged by the resilience of Saudi Arabian oil exports despite disruption to the Kingdom&#8217;s East-West pipeline.<br />
Saudi Aramco has increased exports through the Strait of Hormuz after attacks on the East-West pipeline disrupted shipments through Yanbu on the Red Sea. Satellite data cited by JPMorgan showed Saudi oil moving through the Strait of Hormuz averaged approximately 2.9 million barrels per day over six days, compared with only about 700,000 barrels per day in August.<br />
The ability of Saudi Arabia, one of the world&#8217;s biggest crude exporters, to reroute shipments has significantly reduced concerns that damage to energy infrastructure would immediately remove large volumes of oil from the international market.<br />
The latest decline has occurred despite continuing security risks in the region. Yemen&#8217;s Iran-backed Houthis have continued attacks on Saudi targets, including energy infrastructure, while tensions surrounding strategic maritime routes remain elevated.<br />
This means that the international oil market remains vulnerable to sudden reversals. Any fresh escalation affecting Saudi production facilities, the Strait of Hormuz or other critical shipping routes could quickly restore the geopolitical premium that has been removed from prices during recent sessions.<br />
Nevertheless, Monday&#8217;s fall below $100 carries considerable significance for the global economy.<br />
High oil prices increase transportation, industrial and agricultural costs and contribute to inflation across both developed and developing economies. A sustained decline in crude could therefore ease some of the inflationary pressure confronting governments and central banks.<br />
For Pakistan, the development assumes particular importance because of the country&#8217;s heavy dependence on imported petroleum and other energy products.<br />
A sustained fall in international crude prices could help reduce Pakistan&#8217;s oil import bill, ease demand for foreign exchange and provide support to the country&#8217;s external account. Lower international petroleum prices could also help contain domestic inflation by reducing pressures on transportation, electricity generation, agriculture and industrial production costs.<br />
The extent to which Pakistani consumers benefit, however, will depend on the rupee-dollar exchange rate, international refined-product prices, freight costs, petroleum levy, taxation and the government&#8217;s fortnightly fuel-pricing mechanism.<br />
The decline therefore offers potentially important economic breathing space for Pakistan, particularly if international prices remain below or around the $100 level for an extended period.<br />
The immediate direction of the oil market will now depend heavily on developments at the UN General Assembly, prospects for US-Iran diplomatic engagement, Saudi Arabia&#8217;s progress in restoring affected infrastructure and the uninterrupted movement of crude through major shipping routes.<br />
Monday&#8217;s sharp fall does not mean the Middle East energy crisis has ended. But the movement of both global benchmarks below $100 during trading sends an important signal: despite continuing geopolitical tensions, markets currently see a lower probability of an immediate and prolonged shortage of crude.<br />
For oil-importing economies, including Pakistan, the critical question now is whether the break below $100 represents a temporary market correction-or the beginning of a more sustained retreat in global energy prices.<br />
-importing economies, the continuation of this trend could offer valuable economic breathing space. But with geopolitical tensions still unresolved, the durability of the decline will depend less on market optimism and more on whether diplomacy succeeds in preventing another escalation and whether global oil supplies continue to reach consumers without serious disruption.</p>
<p>The post <a href="https://thefinancialdaily.com/global-oil-prices-break-below-100-as-supply-fears-easediplomacy-hopes-rise/">Global oil prices break below $100 as supply fears ease,diplomacy hopes rise</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Daily fuel price hikes draw concern as consumers demand Relief</title>
		<link>https://thefinancialdaily.com/daily-fuel-price-hikes-draw-concern-as-consumers-demand-relief/</link>
		
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		<pubDate>Fri, 18 Sep 2026 05:42:17 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
		<category><![CDATA[fuel price]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=88951</guid>

					<description><![CDATA[<p>KARACHI: Frequent increases in fuel prices have triggered growing concern among consumers and businesses across Pakistan, with questions being raised over the government&#8217;s daily pricing mechanism at a time when international oil markets, despite an overall volatile trend, have also recorded declines on individual trading days. The controversy has intensified as international crude prices declined [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/daily-fuel-price-hikes-draw-concern-as-consumers-demand-relief/">Daily fuel price hikes draw concern as consumers demand Relief</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: justify;">KARACHI: Frequent increases in fuel prices have triggered growing concern among consumers and businesses across Pakistan, with questions being raised over the government&#8217;s daily pricing mechanism at a time when international oil markets, despite an overall volatile trend, have also recorded declines on individual trading days.<br />
The controversy has intensified as international crude prices declined more than once during the recent period, including falls in Brent crude on September 11 and September 16, while Pakistani consumers continued to face upward revisions in domestic petroleum prices during the broader period.<br />
The situation has prompted a key question over the pricing formula: if increases in international petroleum prices are passed on rapidly to domestic consumers, how and when are declines in the global market reflected in retail prices in Pakistan?<br />
Energy market observers point out that international crude prices are only one component of domestic petroleum pricing. Exchange-rate movements, freight, premiums, taxes, petroleum levy, dealer and marketing margins and the reference period used for international prices can all influence the final retail rate.<br />
However, concerns persist over whether daily adjustments are appropriate for Pakistan, considering that petroleum products being sold at filling stations are not necessarily purchased from international markets on the same day.<br />
Oil imported by Pakistan passes through a procurement and supply chain involving purchase contracts, shipping, port handling, refining or import of finished products, storage, transportation and distribution before reaching consumers.<br />
This has strengthened calls for the government to reconsider the daily mechanism and examine a monthly pricing formula based more closely on actual procurement costs and an appropriate average of petroleum inventories.<br />
Under such a mechanism, proponents argue, international increases comprising provinces with distinct social, cultural and regional circumstances, therefore appropriate representation of federating units was important in the judicial system as well.<br />
He said amendments to the law had brought bar associations alongside bar councils within the scope of government support. The federal government had also increased grants allocated for bar councils and bar associations, he added.<br />
The minister appreciated the Punjab government for increasing grants for bar councils and bar associations.<br />
Referring to the Lawyers Protection Act, Senator Tarar said rules under the law had also been framed and effective implementation of the legislation remained among his priorities, with significant progress having been made in this regard.<br />
The minister said the rapid expansion of private law colleges had created challenges and stressed the need to improve the quality of legal education and introduce an effective assessment system for entry into the legal profession.<br />
He said the process of reforms in the legal sector had been initiated after 2015 and its impact would become more evident in the coming years.<br />
Senator Tarar termed the increasing participation of women in the legal profession a positive development, saying women lawyers had become an important and active part of the legal community.<br />
He urged lawyers not to allow political differences to overshadow their professional responsibilities, stressing that maintaining professional standards and dignity was a collective responsibility.<br />
President Lahore High Court Bar Association, Rawalpindi Bench, Saeed Yousaf Khan, and Secretary General Qasim Mahmood Malik also addressed the ceremony.<br />
Earlier, the minister was warmly received upon arrival at the Lahore High Court Bar, Rawalpindi. He also inaugurated two bar rooms at the association. -APP</p>
<p>The post <a href="https://thefinancialdaily.com/daily-fuel-price-hikes-draw-concern-as-consumers-demand-relief/">Daily fuel price hikes draw concern as consumers demand Relief</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Ishaq Dar calls for deeper Pakistan-China strategic partnership</title>
		<link>https://thefinancialdaily.com/ishaq-dar-calls-for-deeper-pakistan-china-strategic-partnership/</link>
		
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		<pubDate>Sun, 13 Sep 2026 00:32:33 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
		<category><![CDATA[Ishaq Dar]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=88895</guid>

					<description><![CDATA[<p>KARACHI: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Saturday emphasized the need to further deepen the Pakistan-China All-Weather Strategic Cooperative Partnership, with greater focus on economic cooperation, connectivity and emerging areas of mutual interest. He underscored the importance of expanding bilateral collaboration in trade and investment, the China-Pakistan Economic Corridor (CPEC), [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/ishaq-dar-calls-for-deeper-pakistan-china-strategic-partnership/">Ishaq Dar calls for deeper Pakistan-China strategic partnership</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p style="text-align: justify;">KARACHI: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Saturday emphasized the need to further deepen the Pakistan-China All-Weather Strategic Cooperative Partnership, with greater focus on economic cooperation, connectivity and emerging areas of mutual interest.<br />
He underscored the importance of expanding bilateral collaboration in trade and investment, the China-Pakistan Economic Corridor (CPEC), agriculture, science and technology, education and people-to-people exchanges.<br />
The Deputy Prime Minister expressed these views during a meeting with Pakistan&#8217;s Ambassador-designate to China, Ambassador Ali Asad Gilani, who called on him ahead of assuming his diplomatic assignment in Beijing, according to the Foreign Office.<br />
Dar congratulated Ambassador-designate Gilani on his appointment and reaffirmed the special importance Pakistan attaches to its time-tested and enduring relationship with China.<br />
Pakistan and China enjoy a longstanding strategic partnership that has steadily expanded from close political and diplomatic coordination to extensive cooperation in economic development, infrastructure, energy, defence, regional connectivity and other sectors.<br />
CPEC remains a flagship component of bilateral economic cooperation and has played a significant role in strengthening infrastructure and energy connectivity in Pakistan. Islamabad has been seeking to broaden the next phase of cooperation towards industrialisation, agriculture, information technology, mining and other areas capable of attracting investment and generating employment.<br />
During the meeting, Dar highlighted the need to build upon the strong foundations of the relationship by opening new avenues for cooperation, particularly in sectors offering opportunities for economic growth and technological advancement.<br />
Greater trade and investment cooperation is also expected to remain a key priority as Pakistan seeks increased Chinese investment and wider access for Pakistani products to the Chinese market.<br />
Cooperation in agriculture, science and technology and education has increasingly emerged as an important dimension of bilateral relations, with both countries seeking to expand institutional partnerships, technology transfer, research collaboration and exchanges among students and professionals.<br />
The Deputy Prime Minister also appreciated Ambassador-designate Gilani&#8217;s services as Additional Secretary (Asia Pacific) at the Ministry of Foreign Affairs.<br />
He expressed confidence that Gilani&#8217;s diplomatic experience and understanding of regional affairs would contribute to further strengthening the enduring Pakistan-China partnership during his tenure in Beijing.<br />
Dar wished the Ambassador-designate a successful tenure and underscored the importance of maintaining the momentum of high-level engagement between the two countries.<br />
Pakistan has consistently described its friendship with China as a cornerstone of its foreign policy, while the two countries have repeatedly reaffirmed their commitment to strengthening their All-Weather Strategic Cooperative Partnership and advancing cooperation for shared development and regional prosperity.</p>
<p>The post <a href="https://thefinancialdaily.com/ishaq-dar-calls-for-deeper-pakistan-china-strategic-partnership/">Ishaq Dar calls for deeper Pakistan-China strategic partnership</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Govt moves to ease business rules, attract investment, boost exports</title>
		<link>https://thefinancialdaily.com/govt-moves-to-ease-business-rules-attract-investment-boost-exports/</link>
		
		<dc:creator><![CDATA[Webmaster]]></dc:creator>
		<pubDate>Thu, 10 Sep 2026 15:52:06 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
		<category><![CDATA[investment]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=88880</guid>

					<description><![CDATA[<p>KARACHI: The government has stepped up efforts to simplify business regulations, attract domestic and foreign investment and promote value-added exports as part of a broader strategy to strengthen Pakistan&#8217;s industrial base and improve its competitiveness in international markets. Federal Minister for Board of Investment (BOI) Qaiser Ahmed Sheikh said the government was pursuing wide-ranging regulatory [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/govt-moves-to-ease-business-rules-attract-investment-boost-exports/">Govt moves to ease business rules, attract investment, boost exports</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p style="text-align: justify;">KARACHI: The government has stepped up efforts to simplify business regulations, attract domestic and foreign investment and promote value-added exports as part of a broader strategy to strengthen Pakistan&#8217;s industrial base and improve its competitiveness in international markets.<br />
Federal Minister for Board of Investment (BOI) Qaiser Ahmed Sheikh said the government was pursuing wide-ranging regulatory reforms to create a more investor-friendly business environment, acknowledging that Pakistan had remained behind several competing economies in simplifying procedures for businesses.<br />
He said a Business Facilitation Centre had been established to assist investors, while foreign experts, including experts from the United States, were being engaged to help streamline regulatory procedures and remove unnecessary hurdles.<br />
The government was also consulting relevant institutions to build consensus on proposed reforms and ensure their effective implementation, he said.<br />
Qaiser stressed that improving the ease of doing business was essential to attracting investment and expanding Pakistan&#8217;s productive capacity. He said incentives, including duty-free or zero-rated machinery where applicable, were intended to reduce production costs, improve industrial competitiveness and encourage export-oriented manufacturing.<br />
Referring to the economic transformation of Southeast Asian countries, the minister said domestic as well as foreign investment had played a major role in developing their industries and expanding value-added exports.<br />
Pakistan, he said, needed to follow a similar approach by encouraging investment in industries capable of producing competitive goods for international markets rather than remaining dependent on low-value exports.<br />
The minister said Pakistan&#8217;s economic zones offered significant opportunities for establishing new industries and could particularly attract overseas Pakistanis and foreign investors looking for long-term investment opportunities.<br />
He said investment initiatives were also being pursued in coordination with the International Monetary Fund (IMF), while certain projects offered tax and other incentives to facilitate investors.<br />
Highlighting improvements in the country&#8217;s macroeconomic indicators, Qaiser said the improvement in Pakistan&#8217;s sovereign credit ratings reflected progress in economic management and efforts to improve the investment climate.<br />
He said the State Bank of Pakistan&#8217;s foreign exchange reserves had increased to around $18 billion, providing approximately three months of import cover.<br />
However, the minister cautioned that renewed military confrontation between Iran and the United States was creating fresh economic challenges, particularly through rising international oil prices and higher energy costs.<br />
As an energy-importing economy, Pakistan could face pressure from a prolonged increase in crude oil prices, which could affect production costs, inflation and the country&#8217;s import bill.<br />
Qaiser said Pakistan maintained relations with both Iran and the United States and could play a constructive role in facilitating dialogue between the two sides. Islamabad, he said, supported diplomatic efforts aimed at resolving the dispute and preventing further escalation.<br />
Recalling Pakistan&#8217;s historic role in facilitating contacts between the United States and China, the minister underlined the importance of diplomacy in promoting regional peace and global economic stability.<br />
He also appreciated the military leadership&#8217;s support for diplomatic initiatives, stressing that peace and stability in the region remained essential not only for Pakistan but also for international trade, investment and economic growth.</p>
<p>The post <a href="https://thefinancialdaily.com/govt-moves-to-ease-business-rules-attract-investment-boost-exports/">Govt moves to ease business rules, attract investment, boost exports</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Muslim unity: A strategic imperative in an era of division</title>
		<link>https://thefinancialdaily.com/muslim-unity-a-strategic-imperative-in-an-era-of-division/</link>
		
		<dc:creator><![CDATA[Webmaster]]></dc:creator>
		<pubDate>Sun, 30 Aug 2026 22:00:52 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
		<category><![CDATA[Views & Opinions]]></category>
		<category><![CDATA[Muslim unity]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=88770</guid>

					<description><![CDATA[<p>The call for unity across the Muslim world has acquired renewed significance at a time when the Islamic Ummah is confronted by conflicts, geopolitical rivalries, economic pressures and persistent instability. In his message marking the birth anniversary of Prophet Mohammad (PBUH) and Islamic Unity Week, Leader of the Islamic Revolution Ayatollah Sayyid Mojtaba Hosseini Khamenei [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/muslim-unity-a-strategic-imperative-in-an-era-of-division/">Muslim unity: A strategic imperative in an era of division</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p style="text-align: justify;">The call for unity across the Muslim world has acquired renewed significance at a time when the Islamic Ummah is confronted by conflicts, geopolitical rivalries, economic pressures and persistent instability. In his message marking the birth anniversary of Prophet Mohammad (PBUH) and Islamic Unity Week, Leader of the Islamic Revolution Ayatollah Sayyid Mojtaba Hosseini Khamenei placed Muslim solidarity at the centre of his appeal, describing unity, friendship and cooperation as essential to the future strength and progress of Islamic societies.<br />
The message is significant because it moves the discussion of unity beyond ceremonial expressions of fraternity. It presents solidarity as a strategic requirement for Muslim countries and societies. According to the Iranian Leader, the life and teachings of the Holy Prophet (PBUH) offer lessons not only in faith and spirituality but also in justice, honesty, dignity, knowledge, mercy, social ethics, brotherhood and unity. These principles remain deeply relevant to the political and social challenges confronting the Muslim world today.<br />
Despite possessing enormous human, geographical, economic and natural resources, Muslim countries remain divided on many regional and international questions. Political disagreements, sectarian tensions, competing strategic interests and external rivalries have repeatedly prevented the Islamic world from transforming its collective potential into effective influence.<br />
Ayatollah Khamenei&#8217;s warning against allowing differences to become instruments of division therefore deserves serious reflection. He argued that racial, cultural, social, economic, political and geographical differences can all be exploited to create discord within Islamic societies. Whatever one&#8217;s political perspective, history demonstrates that fragmented regions are more vulnerable to external pressure, conflict and instability than those capable of establishing mechanisms for dialogue and collective action.<br />
The continuing Palestinian tragedy provides perhaps the most compelling illustration of this weakness. The Iranian Leader questioned whether Palestinians would have remained so vulnerable had Muslims acted with greater unity. The question extends beyond Palestine. From humanitarian crises and economic instability to security challenges and technological dependence, the Muslim world faces problems that individual states cannot always address effectively in isolation.<br />
At the same time, unity should not be interpreted as political uniformity. The Muslim world encompasses diverse governments, cultures, schools of thought and national interests. Differences between states are inevitable and legitimate. Genuine unity therefore requires neither the abandonment of national sovereignty nor complete agreement on every geopolitical question. Rather, it requires the ability to prevent disagreements from becoming permanent hostility and to identify areas where common interests make cooperation possible.<br />
This is particularly important when considering Ayatollah Khamenei&#8217;s criticism of the United States and Israel, which he described as opponents of Islamic unity. Such assertions reflect Iran&#8217;s established geopolitical perspective and will inevitably be viewed differently across Muslim capitals, many of which maintain varying strategic relationships with Washington and different approaches toward Israel. Yet these differences themselves demonstrate why intra-Muslim dialogue is essential. Islamic countries should be capable of determining their priorities through consultation and cooperation rather than allowing external rivalries to deepen internal divisions.<br />
The most constructive element of the message is its emphasis on cooperation extending beyond politics. Ayatollah Khamenei identified security, wealth, science and progress among the areas where greater synergy among Muslims could produce meaningful results. This deserves particular attention.<br />
The Muslim world needs stronger cooperation in education, scientific research, artificial intelligence, healthcare, food and energy security, trade, climate resilience and technological development. Greater economic integration, academic exchanges, joint research programmes and regional infrastructure could give practical meaning to the concept of Muslim solidarity. Unity becomes meaningful when it improves people&#8217;s lives.<br />
Pakistan has an important role to play in such an endeavour. As a major Muslim country with longstanding relationships across the Middle East, Central Asia and the wider Islamic world, Pakistan has consistently advocated dialogue and peaceful resolution of disputes. Islamabad can continue encouraging bridges between Muslim states while maintaining constructive relations with the wider international community.<br />
Islamic Unity Week should therefore serve as more than an annual commemoration. It should encourage serious introspection about why divisions continue to weaken societies that share so many historical, cultural and spiritual bonds.<br />
The enduring message of the Holy Prophet (PBUH) provides a foundation of compassion, justice, brotherhood and human dignity. Translating those principles into contemporary international relations requires wisdom, tolerance and sustained cooperation.<br />
At a moment of profound geopolitical uncertainty, Muslim countries have a choice: allow disagreements to define their relationships or build cooperation around their common interests. Unity does not require the disappearance of differences. It requires the maturity to manage them peacefully.<br />
For the Islamic world, that may be one of the most important strategic lessons of our time.</p>
<p>The post <a href="https://thefinancialdaily.com/muslim-unity-a-strategic-imperative-in-an-era-of-division/">Muslim unity: A strategic imperative in an era of division</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Field Marshal Munir reaches Tehran on regional peace mission</title>
		<link>https://thefinancialdaily.com/field-marshal-munir-reaches-tehran-on-regional-peace-mission/</link>
		
		<dc:creator><![CDATA[Webmaster]]></dc:creator>
		<pubDate>Tue, 25 Aug 2026 07:32:00 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
		<category><![CDATA[Field Marshal Syed Asim Munir]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=88705</guid>

					<description><![CDATA[<p>Manzar Naqvi KARACHI: Field Marshal Syed Asim Munir, Pakistan&#8217;s Chief of Army Staff, reached Tehran on Monday for high-level talks with senior Iranian officials as Pakistan intensifies its diplomatic efforts to promote peace and security amid continuing regional tensions. Interior Minister Senator Syed Mohsin Raza Naqvi is accompanying the Field Marshal on the important visit. [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/field-marshal-munir-reaches-tehran-on-regional-peace-mission/">Field Marshal Munir reaches Tehran on regional peace mission</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p style="text-align: center;">Manzar Naqvi</p>
<p style="text-align: justify;">
KARACHI: Field Marshal Syed Asim Munir, Pakistan&#8217;s Chief of Army Staff, reached Tehran on Monday for high-level talks with senior Iranian officials as Pakistan intensifies its diplomatic efforts to promote peace and security amid continuing regional tensions.<br />
Interior Minister Senator Syed Mohsin Raza Naqvi is accompanying the Field Marshal on the important visit.<br />
According to a diplomatic source cited by Iran&#8217;s official news agency IRNA, Field Marshal Munir departed Islamabad for Tehran earlier on Monday and is scheduled to hold meetings with senior Iranian officials during his stay.<br />
Iranian Foreign Ministry Spokesman Esmaeil Baqaei said on Sunday that the visit was aimed at strengthening bilateral cooperation between Iran and Pakistan and continuing Islamabad&#8217;s efforts to promote peace and security in the region.<br />
The latest visit assumes particular significance amid Pakistan&#8217;s ongoing efforts to encourage dialogue and prevent further escalation in the region.<br />
Field Marshal Munir has been playing a role in mediation efforts between Iran and the United States and has maintained high-level contacts with the Iranian leadership as part of Islamabad&#8217;s diplomatic engagement.<br />
He earlier visited Tehran on April 15, 2026, to advance mediation efforts aimed at reducing tensions. He again travelled to the Iranian capital on May 22, where he held meetings with senior Iranian authorities, including President Masoud Pezeshkian.<br />
The latest round of consultations is expected to focus on the prevailing regional situation, prospects for de-escalation and diplomatic engagement, as well as Pakistan-Iran bilateral relations.<br />
Pakistan has consistently advocated dialogue and diplomacy as the preferred means of resolving regional disputes, warning that further military escalation could have serious consequences for peace, economic stability and security across the Middle East and neighbouring regions.<br />
Islamabad and Tehran share longstanding political, cultural and economic relations, as well as a lengthy common border. Security cooperation, border management, counterterrorism, trade and regional connectivity remain important components of their bilateral relationship.<br />
The presence of Interior Minister Mohsin Naqvi is also expected to provide an opportunity for discussions on security cooperation, border management and other matters of mutual concern.<br />
The visit comes as Islamabad seeks to maintain close engagement with Tehran while using its relations with regional and international partners to encourage diplomatic solutions to ongoing tensions.<br />
Observers believe Pakistan&#8217;s geographical position and its relations with Iran, the United States and key Gulf states provide Islamabad with an important opportunity to facilitate communication and support de-escalation.<br />
Field Marshal Munir&#8217;s latest visit to Tehran represents another significant diplomatic engagement by Pakistan aimed at preventing further confrontation and creating space for dialogue at a critical juncture for regional peace and stability.</p>
<p>The post <a href="https://thefinancialdaily.com/field-marshal-munir-reaches-tehran-on-regional-peace-mission/">Field Marshal Munir reaches Tehran on regional peace mission</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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		<title>Iranian FM Araghchi, Field Marshal Munir discuss regional crisis, diplomatic solutions</title>
		<link>https://thefinancialdaily.com/iranian-fm-araghchi-field-marshal-munir-discuss-regional-crisis-diplomatic-solutions/</link>
		
		<dc:creator><![CDATA[Webmaster]]></dc:creator>
		<pubDate>Fri, 21 Aug 2026 05:00:09 +0000</pubDate>
				<category><![CDATA[Editorial]]></category>
		<guid isPermaLink="false">https://thefinancialdaily.com/?p=88679</guid>

					<description><![CDATA[<p>Manzar Naqvi KARACHI: Iranian Foreign Minister Abbas Araghchi held a telephone conversation with Pakistan&#8217;s Chief of Army Staff (COAS) Field Marshal Syed Asim Munir on Wednesday evening, with the two sides discussing the latest regional developments and ongoing diplomatic efforts aimed at addressing the prevailing situation. During the conversation, Araghchi and Field Marshal Munir reviewed [&#8230;]</p>
<p>The post <a href="https://thefinancialdaily.com/iranian-fm-araghchi-field-marshal-munir-discuss-regional-crisis-diplomatic-solutions/">Iranian FM Araghchi, Field Marshal Munir discuss regional crisis, diplomatic solutions</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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										<content:encoded><![CDATA[<p style="text-align: center;">Manzar Naqvi</p>
<p style="text-align: justify;">
KARACHI: Iranian Foreign Minister Abbas Araghchi held a telephone conversation with Pakistan&#8217;s Chief of Army Staff (COAS) Field Marshal Syed Asim Munir on Wednesday evening, with the two sides discussing the latest regional developments and ongoing diplomatic efforts aimed at addressing the prevailing situation.<br />
During the conversation, Araghchi and Field Marshal Munir reviewed recent developments in the region and exchanged views on various dimensions of the current situation, according to reports.<br />
The discussions focused particularly on diplomatic trends and ongoing efforts to advance political and diplomatic solutions amid heightened regional tensions.<br />
Both sides stressed the importance of continued consultations and exchanged views on ways to further strengthen bilateral coordination and cooperation between Pakistan and Iran.<br />
The high-level contact comes at a time of heightened uncertainty in the region, with growing concerns over the wider security and economic implications of continued tensions.<br />
Pakistan has consistently advocated dialogue and diplomacy as the preferred means of resolving regional disputes and has called for restraint to prevent further escalation.<br />
Islamabad maintains close relations with Tehran while also enjoying strong ties with key Gulf countries, placing Pakistan in an important position in diplomatic efforts aimed at promoting regional stability and preventing a broader confrontation.<br />
The latest contact between the Iranian foreign minister and Pakistan&#8217;s army chief also reflects continuing consultations between Islamabad and Tehran over rapidly evolving regional developments.<br />
Pakistan and Iran share a long border and maintain cooperation in a number of areas, including border security, trade and regional connectivity. Developments in Iran and the wider Gulf region also have direct implications for Pakistan, particularly in terms of energy security, trade and regional stability.<br />
Both sides agreed on the importance of maintaining consultations and enhancing bilateral cooperation as diplomatic efforts continue to find a political solution to the prevailing regional situation.</p>
<p>The post <a href="https://thefinancialdaily.com/iranian-fm-araghchi-field-marshal-munir-discuss-regional-crisis-diplomatic-solutions/">Iranian FM Araghchi, Field Marshal Munir discuss regional crisis, diplomatic solutions</a> appeared first on <a href="https://thefinancialdaily.com">The Financial Daily</a>.</p>
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