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Pakistan rejects ‘political use’ of export controls, says FO after US sanctions suppliers

ISLAMABAD: The Foreign Office (FO) rejected on Saturday the “political use” of export control measures after the United States imposed sanctions on four entities for allegedly supplying “missile-applicable items” to Pakistan’s ballistic missile program. “It is a reality that the same jurisdictions, which claim to exercise strict non-proliferation controls, have waived off licensing requirements for […]

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Private sector support urged

KARACHI: The Ambassador of the Republic of Azerbaijan to Pakistan, Khazar Farhadov, stressed that although Azerbaijan and Pakistan have strong relations at the political and defence levels, along with close historical bonds, there is a dire need to further develop economic and business relations, according to a press statement released by the Karachi Chamber of […]

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Iraq’s PMF force says base was attacked, army investigates

BAGHDAD: A huge blast at a military base in Iraq early on Saturday killed a member of an Iraqi security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time. Two security sources had […]

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Tsitsipas saves two match points to reach Barcelona semi-finals

BARCELONA: World number seven Stefanos Tsitsipas saved two match points to defeat Facundo Diaz Acosta and reach the semi-finals of the Barcelona clay-court tournament on Friday. The Greek came through 4-6, 6-3, 7-6 (10/8) after his 53rd-ranked Argentine opponent missed a match point in the 12th game of the deciding set. Both men then saved […]

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Pakistan rejects ‘political use’ of export controls, says FO after US sanctions companies

ISLAMABAD: The Foreign Office (FO) rejected on Saturday the “political use” of export control measures after the United States imposed sanctions on four entities for allegedly supplying “missile-applicable items” to Pakistan’s ballistic missile program. “It is a reality that the same jurisdictions, which claim to exercise strict non-proliferation controls, have waived off licensing requirements for advanced […]

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Iran’s foreign minister downplays drone attack, says Tehran investigating

WASHINGTON: Iran’s foreign minister on Friday said Tehran was investigating an overnight attack on Iran, adding that so far a link to Israel had not been proven as he downplayed the strike. Iranian Foreign Minister Hossein Amirabdollahian told NBC News the drones took off from inside Iran and flew for a few hundred meters before […]

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Rupee sees modest recovery

KARACHI: The Pakistani currency partially regained Rs0.13 against the US dollar in the inter-bank market, breaking the days-long slow-paced losing streak after the country’s foreign exchange reserves surprisingly remained stable despite a major foreign debt. According to the State Bank of Pakistan’s (SBP) data, the domestic currency improved by 0.05%, closing at Rs278.31 against the […]

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CPEC helping to improve Pak-China bilateral ties, says PM Shehbaz

ISLAMABAD: Prime Miniser Shehbaz Sharif said on Saturday that the burgeoning economic and cultural ties between Pakistan and China are primarily fostered through the China-Pakistan Economic Corridor (CPEC). The UN designates April 20 as Chinese Language Day, underscoring the influence of Chinese literature, poetry, and language on global culture. Acknowledging the global significance of the Chinese […]