
Pakistan launches first Shariah-compliant ‘Green Sukuk' to attract eco-friendly investment
ISLAMABAD: Interior Minister Mohsin Naqvi met Acting US Ambassador Natalie Baker on Wednesday to convey his country's 'serious concerns' over India's military strikes inside Pakistani territory and its implications for regional peace, state-run Associated Press of Pakistan (APP) said.
Several countries have called for calm between India and Pakistan amid soaring tensions in South Asia, following Indian attacks on six locations inside Pakistan on Wednesday. Islamabad said Indian strikes killed at least 26 civilians and injured 46. In response, Pakistan claimed to have downed five Indian fighter jets and struck Indian military posts along the Line of Control.
Naqvi met Baker in Islamabad to provide her a 'comprehensive' briefing in the aftermath of the Indian strikes and evolving security situation in South Asia, APP reported. US Political Counselor Zachary Harkenrider and Pakistan's Minister of State for Interior Tallal Chaudhry were part of the meeting.
'During the meeting, Minister Naqvi gave a comprehensive briefing to the US delegation on the aftermath of the Indian aggression, expressing Pakistan's serious concerns over the incident and its implications for regional peace,' APP said.
Naqvi accused India of putting South Asia's peace and stability at stake, APP said. He further stressed 'India has torn apart regional harmony and by targeting civilians, it has blatantly violated international laws.'
Naqvi said Pakistan had acted responsibly and showed maximum restraint in the face of Indian provocation.
'We gave a strong and appropriate response in defense of our homeland,' Naqvi was quoted as saying. 'Pakistan will never allow any compromise on its national security.'
INTERNATIONAL REACTION
US President Donald Trump had reacted to the incident on Wednesday night, condemning the escalation, expressing hope that the fighting would end quickly.
'It's a shame,' he said. 'Just heard about it. I guess people knew something was going to happen based on a little bit of the past. They've been fighting for a long time. They've been fighting for many, many decades. I hope it ends very quickly.'
Meanwhile, US Secretary of State Marco Rubio said he was monitoring the situation closely and would continue to engage with the leadership of both countries for a 'peaceful resolution.'
A Chinese foreign ministry spokesperson said India's actions were 'regrettable,' urging both countries to exercise restraint and refrain from further complicating the situation, Reuters reported.
United Arab Emirates Foreign Minister and Deputy Prime Minister Abdullah bin Zayed bin Sultan Al Nahyan called on Pakistan and India 'to exercise restraint, de-escalate tensions, and avoid further escalation that could threaten regional and international peace,' Emirates News Agency-WAM reported.
Turkiye urged India and Pakistan to act with common sense amid the military escalation between them, its foreign ministry said on Wednesday, saying India's latest military action created the risk of an 'all-out war.'
In a statement, the ministry reiterated its support for Pakistan's call for an investigation into a militant attack that killed 26 in the Indian-administered side of the Himalayan region on April 22.
The UK is ready to support both India and Pakistan to de-escalate tensions, Trade Secretary Jonathan Reynolds said on Wednesday, following the worst violence between the nuclear-armed arch-foes in two decades.
'Our message would be that we are a friend, a partner to both countries. We stand ready to support both countries. Both have a huge interest in regional stability, in dialogue, in de-escalation and anything we can do to support that, we are here and willing to do,' he told BBC radio.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Arab News
an hour ago
- Arab News
Pakistani university lecturer arrested for planning foiled Balochistan attack — officials
QUETTA, Pakistan: Security forces in southwestern Pakistan arrested a university lecturer accused of planning a foiled suicide attack that would have targeted last week's Independence Day celebrations in insurgency-hit Balochistan province, officials said Monday. The suspect, Usman Qazi is claimed to have links with the outlawed Majeed Brigade, the suicide squad of the Balochistan Liberation Army, according to the province's Chief Minister, Sarfraz Bugti. During a press conference in the city of Quetta, Bugti showed video footage with Qazi admitting to planning the thwarted attack as well as aiding militants in recent years. It was unclear whether Qazi made those remarks under duress. Bugti did not clarify when the arrest was made, and only said the man was still being questioned. The arrest comes a week after the US State Department designated BLA and the Majeed Brigade a foreign terrorist organization. The group is already banned at home. Bugti said it was the first time security forces acting on intelligence had captured a senior member of the Majeed Brigade. He said Qazi confessed to involvement in past attacks, including last year's railway station bombing in Quetta that killed 32 people. There was no immediate comment from the BLA about the arrest. Balochistan has long seen violence blamed on separatist groups, including the BLA. The province is rich in natural resources and home to projects tied to the multibillion-dollar China-Pakistan Economic Corridor, where Chinese nationals and Pakistani security forces have also been targeted by insurgents. The separatists demand independence from Pakistan's central government in Islamabad. Though the government said it had quelled the insurgency, violence persists there.


Arab News
an hour ago
- Arab News
Pakistan to launch real-time digital tracking of petroleum products to end smuggling, theft
ISLAMABAD: Pakistan will launch this month a real-time digital tracking system to monitor the complete cycle of all petroleum products from their import to sale at fuel stations to curb smuggling and black marketing of fuel, an official said on Monday. An April 2024 Petroleum Division intelligence report revealed that around 10 million liters of Iranian fuel was being smuggled into Pakistan daily, causing losses of over Rs227 billion ($805 million) annually. On Aug. 13, Pakistan's National Assembly passed the Petroleum (Amendment) Act 2025, which would amend the decades-old Petroleum Act 1934, giving regulators the authority to introduce IT-based systems for real-time monitoring of petroleum products. The draft legislation proposes punishments for illegal supply, storage and sale of petroleum products, and aims to strengthen coordination among enforcement agencies by introducing IT-enabled digital tracking of petroleum products by covering storage, transportation and dispensing at fuel stations, storage facilities and along supply routes, with authorities empowered to act jointly or independently. After its passage by the National Assembly, the lower house of parliament, and the Senate standing committee for petroleum, the draft legislation now awaits a nod from the upper house for it to become a law and pave the way for the implementation of the new tracking system. 'The [draft] law has already been passed by the National Assembly and today [Monday], it was approved by the Senate Standing Committee. Now it will be laid before the Senate within next few days for its final passage to become a law,' Imran Ghaznavi, an Oil and Gas Regulatory Authority (OGRA) spokesperson, told Arab News. 'Once the law is enacted, the real-time digital monitoring system of petroleum products will begin within this month as most of the system is ready,' he said, adding that OGRA had already completed tagging of fuel tankers and stations. Until now, the end-to-end petroleum delivery was regulated but not digitally monitored, with the manual collection of data causing huge losses, according to Ghaznavi. OGRA, in collaboration with industry stakeholders, has spent several months on the technical framework to ensure a smooth launch of the digital tracking system. 'The tankers have trackers, but real-time monitoring is not done [at present],' he said. 'OGRA has installed digital mapping at almost all petroleum stations which are more than 10,000 across Pakistan.' In the second phase, he shared, OGRA has decided to digitize the movement of all petroleum products, from port to depot, refinery to depot, depot to depot, and depot to fuel stations, so that it can be monitored in real time. 'The benefit of this step is that smuggled products can be detected by calculating discrepancies,' he said, explaining that if a fuel station purchased a certain amount of product but sold more than that, or if a fuel station had dormant petroleum stock yet continued selling beyond its recorded supply, then such irregularities would be identified through the new system. The new law also proposes punishments such as confiscation of equipment and vehicles, and penalties for smugglers that would create a deterrent and discourage illegal sales of petroleum products, according to the OGRA spokesman. 'Illegal imports, transports, stores, sales produce, refines or blends of any petroleum [product] shall be punishable by a fine of 1 million rupees ($3,525),' says the draft legislation seen by Arab News, adding that whoever repeats the offense shall be liable to pay a fine of 5 million rupees ($17,627). The law says any facility used for storage and selling of petroleum products to general public, without a license from relevant authority, shall be liable to sealing. 'All machinery, equipment, materials, storage tanks, receptacles and petroleum products being employed or sold therein shall be liable to confiscation by the Deputy Commissioner or any officer authorized by him and the owner thereof shall pay fine of ten million rupees ($35,255),' it read. OGRA has signed a contract with the Punjab Information Technology Board (PITB) to develop a complete digital system to monitor the entire supply chain by tracking lorries and trucks from port to retail fuel stations, according to Ghaznavi. All refineries and 95 percent Oil Marketing Companies (OMCs) already have Enterprise Resource Planning (ERP) systems in place, which would be integrated into the new digital tracking system immediately. 'The remaining five percent will also be added soon. That means that nearly 95 to 98 percent of petroleum products will be tracked,' he added.


Arab News
an hour ago
- Arab News
OIC's COMSTECH hosts Ethiopia–Pakistan Green Dialogue on climate resilience
ISLAMABAD: The Organization of Islamic Cooperation's (OIC) science body COMSTECH on Monday hosted the 'Ethiopia–Pakistan Green Dialogue' in Islamabad, spotlighting reforestation and South-South cooperation on climate resilience. The event, organized with Ethiopia's embassy, featured Ethiopia's flagship Green Legacy initiative, which Ambassador Dr. Jemal Beker Abdula described as 'an international benchmark for combating climate change through mass tree plantation and sustainable practices,' COMSTECH said in a press release. Ethiopia's Green Legacy campaign, launched in 2019, has become a global model for reforestation and climate resilience. The initiative has already seen more than 25 billion trees planted, including a record 350 million in a single day, with a goal of 50 billion by 2030. Widely recognized by the UN and African Union, the drive has mobilized millions of citizens to restore degraded land, combat desertification, and build climate resilience in one of the world's most drought-prone countries. 'Climate change is an urgent reality for Pakistan. Despite contributing less than one percent to global emissions, Pakistan is among the most climate-affected countries, facing floods, glacial melt, and droughts,' Senate Chairman Yusuf Raza Gilani, attending as chief guest, said in a statement. He praised Ethiopia's Green Legacy as 'a global model of reforestation and sustainability,' and called for 'practical collaboration through joint task forces, parliamentary exchanges, and research partnerships.' Gilani also underlined Pakistan's role in global climate diplomacy, 'including championing the Loss and Damage Fund at COP27 and advancing climate finance at COP29.' The fund, established in 2022 after Pakistan's catastrophic floods, is meant to provide financial support to developing countries suffering from the irreversible impacts of climate change such as floods, droughts, and rising seas that go beyond what adaptation can address.