World leaders join Ukraine summit in test of Kyiv’s diplomatic clout

World leaders join Ukraine summit in test of Kyiv’s diplomatic clout
Ukraine's President Volodymyr Zelensky (R) is welcomed by a Ukranian military personnel and Ukraine's Ambassador to Switzerland Iryna Wenediktowa (C) as he arrives at the Zurich airport on June 14, 2024, ahead of the Ukraine Peace Summit in Switzerland. (AFP/File)
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Updated 15 June 2024
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World leaders join Ukraine summit in test of Kyiv’s diplomatic clout

World leaders join Ukraine summit in test of Kyiv’s diplomatic clout
  • Dozens of Ukraine allies will take part in summit, but China is staying away after Russia was frozen out of proceedings
  • Without China, hopes of isolating Moscow have faded, while recent military reverses have put Kyiv on the back foot

LUCERNE: World leaders gather in Switzerland on Saturday for a summit aimed at pressuring Russia to end its war in Ukraine, but the absence of powerful allies of Moscow such as China will blunt its potential impact.
Dozens of allies of Ukraine will take part in the summit, but China is staying away after Russia was frozen out of proceedings on the grounds it had dismissed the event as a waste of time and had no interest in attending.
Without China, hopes of isolating Moscow have faded, while recent military reverses have put Kyiv on the back foot. The war in Gaza between Israel and Hamas has also diverted attention from Ukraine.
The talks are expected to focus on broader concerns triggered by the war, such as food and nuclear security and freedom of navigation, and a draft of the final declaration identifies Russia as the aggressor in the conflict, sources said.
“The summit risks showing the limits of Ukrainian diplomacy,” said Richard Gowan, UN Director at the International Crisis Group. “Nonetheless, it is also a chance for Ukraine to remind the world that it is defending the principles of the UN Charter.”
Russian President Vladimir Putin said on Friday Russia would end the war in Ukraine only if Kyiv agreed to drop its NATO ambitions and hand over the entirety of four provinces claimed by Moscow — demands Kyiv swiftly rejected as tantamount to surrender.
Putin’s conditions apparently reflected Moscow’s growing confidence that its forces have the upper hand in the war.
Moscow casts what it calls its special military operation in Ukraine as part of a broader struggle with the West, which it says wants to bring Russia to its knees. Kyiv and the West reject this and accuse Russia of waging an illegal war of conquest.
Switzerland, which took on the summit at the behest of Ukrainian President Volodymyr Zelensky, wants to pave the way for a future peace process that includes Russia.
But geopolitical splits over the deadliest European conflict since World War Two have dogged the event, and Zelensky has even accused Beijing of helping Moscow undermine the gathering, an accusation China’s foreign ministry denied.
China had said it would consider taking part, but ultimately declined because Russia would not be there.
“It’s clear that at the moment, in geopolitical terms, for China the special relationship with Russia takes precedence over any other consideration,” said Bernardino Regazzoni, a former Swiss ambassador to China.
Around 90 countries and organizations have committed to the two-day gathering due to take place at the Buergenstock, a mountaintop resort in central Switzerland. The summit has also had to contend with an alternative plan floated by China.
US Vice President Kamala Harris and the leaders of France, Germany, Italy, Britain, Canada and Japan are among those due to attend. India, Turkiye and Hungary, which maintain friendlier relations with Russia, are also expected to join.
Russia, which sent tens of thousands of troops into Ukraine in February 2022, has described the idea of a summit without it as “futile.”
Supporters of Ukraine are marking the Swiss talks with a series of events in the nearby city of Lucerne to draw attention to the war’s humanitarian costs, with a demonstration planned to call for the return of prisoners and children taken to Russia.
European officials privately concede that without support from Moscow’s main allies, the summit’s impact will be limited.
“What can (Zelensky) hope for out of it?” said Daniel Woker, a former Swiss ambassador. “Another small step forward in international solidarity with Ukraine as the victim of Russian aggression.”


Habib Bank, S&P Global launch Pakistan’s first index to track manufacturing sector

Habib Bank, S&P Global launch Pakistan’s first index to track manufacturing sector
Updated 1 min 35 sec ago
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Habib Bank, S&P Global launch Pakistan’s first index to track manufacturing sector

Habib Bank, S&P Global launch Pakistan’s first index to track manufacturing sector
  • The index will be a standardized economic indicator based on a survey of a diverse panel of industries
  • It will help track economic developments in Pakistan, support decision making by financial institutions

ISLAMABAD: Pakistan’s largest bank, Habib Bank Limited (HBL), and global financial information and analytics firm S&P Global have launched a new index to track the country’s manufacturing sector, the companies said on Friday.
Rising taxes and power tariffs have led to social unrest and hammered industries in Pakistan’s $350 billion economy, as it navigates a tricky path to recovery under a $7 billion International Monetary Fund (IMF) program approved in September.
The HBL S&P Global Purchasing Managers’ Index will be a standardized economic indicator based on a survey of a diverse panel of industries.
It will be Pakistan’s first comprehensive manufacturing index and a welcome source of information for investors in a country where economic data is scarce.
The industries will be asked about their perceptions of current business conditions and future expectations and the index will be released on the first working day of each month, the companies said in a statement.
“The launch of Pakistan’s first ever PMI is a significant event contributing to the accessibility of timely and high-frequency data to track economic developments in Pakistan and support decision making by financial institutions, investors and businesses,” said Luke Thompson, Managing Director of S&P Global Market Intelligence, in a statement.
Muhammad Nassir Salim, President & CEO of HBL said the series will enhance investor confidence and transparency in Pakistan’s economy.


High-level IFC delegation in Pakistan after nearly 10 years as World Bank pledges $20 billion

High-level IFC delegation in Pakistan after nearly 10 years as World Bank pledges $20 billion
Updated 14 February 2025
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High-level IFC delegation in Pakistan after nearly 10 years as World Bank pledges $20 billion

High-level IFC delegation in Pakistan after nearly 10 years as World Bank pledges $20 billion
  • The IFC, a member of the World Bank group, is the largest global development institution focused on the private sector in emerging markets
  • Finance Minister Muhammad Aurangzeb underscores efforts for the private sector to lead economic growth, particularly in export-led expansion

KARACHI: A high-level International Finance Corporation (IFC) delegation has met Pakistan’s Finance Minister Muhammad Aurangzeb, the finance ministry said on Friday, weeks after the World Bank pledged $20 billion support to the South Asian country.
The World Bank last month announced supplying Pakistan with $20 billion of loans over the next decade, which are expected to be invested in nutrition, education and renewable energies in the hope of stimulating private-sector growth.
The IFC, a member of the World Bank group, is the largest global development institution focused on the private sector in emerging markets, and its managing-director, Makhtar Diop, is currently leading a delegation to Pakistan.
In his meeting with IFC delegates, Aurangzeb briefed the about Pakistan’s macroeconomic stability on both the debt and equity sides as well as key structural reforms undertaken by his government, according to the Pakistani finance ministry.
“The finance minister highlighted the government’s recent declaration of warehousing as an industry and reaffirmed its commitment to public-private partnerships (PPPs) in infrastructure, IT (information technology), data centers, and AgTech (agricultural technology),” the ministry said in a statement.
“He emphasized that agricultural income tax remains a key area of discussion, alongside the broader goal of capital mobilization, where the private sector must play a leading role. He also noted that several international partners have publicly acknowledged Pakistan’s growing investment potential.”
During the meeting, Diop acknowledged the government’s reform efforts and noted that Pakistani private sector stakeholders had expressed confidence in the current policies, according to the finance ministry.
He commended Pakistan’s Country Partnership Framework (CPF) with the World Bank, recognizing it as one of the best practices globally, and reiterated IFC’s commitment to working closely with Islamabad and providing support in key areas such as green energy, data centers, agricultural supply chain improvements, telecom sector, and digitization.
The World Bank’s lending for Pakistan will start in 2026 and focus on six outcomes: improving education quality, tackling child stunting, boosting climate resilience, enhancing energy efficiency, fostering inclusive development and increasing private investment.
Pakistan nearly defaulted in 2023 on the payment of foreign debts and the International Monetary Fund (IMF) rescued it by agreeing to a $3 billion bailout. Last year, Islamabad secured a new $7 billion loan deal from the IMF. Since then, the country’s economy has started improving with weekly inflation coming down from 27 percent in 2023 to 1.8 percent in January. Pakistan Prime Minister Shehbaz Sharif has vowed to reduce dependence on foreign loans in the coming years.
During the meeting, Finance Minister Aurangzeb also outlined key structural reforms, including the recent introduction of agricultural income tax along with pension reforms and rightsizing initiatives across 43 ministries and 400 attached departments.
“He reaffirmed his government’s commitment to fostering an environment where the private sector leads economic growth, particularly in driving export-led expansion,” the finance ministry added.


Azad Kashmir says 54 ‘IED incidents’ reported since 2016 along de facto border with India 

Azad Kashmir says 54 ‘IED incidents’ reported since 2016 along de facto border with India 
Updated 14 February 2025
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Azad Kashmir says 54 ‘IED incidents’ reported since 2016 along de facto border with India 

Azad Kashmir says 54 ‘IED incidents’ reported since 2016 along de facto border with India 
  • 740-km Line of Control divides Himalayan Kashmir region between Pakistan and India
  • Neighbours signed ceasefire agreement along LoC in 2003, truce has frayed in recent years

ISLAMABAD: Azad Kashmir Home Minister Waqar Ahmed Noor said on Friday 54 improvised explosive device (IED) “incidents” had taken place since 2016 along the Line of Control (LoC) that divides the Himalayan Kashmir region between Pakistan and India, with many casualties reported. 

The statement comes after reports Pakistani and Indian troops had exchanged fire across the heavily militarized 740-km long de facto border this week. The nuclear-armed neighbors signed a ceasefire agreement along the LoC in 2003, but the truce has frayed in recent years, and there have been mounting casualties among villagers living close to the border. In 2021, after months of exchanging fire on the LoC, the militaries of India and Pakistan said in a rare joint statement they had agreed to observe a ceasefire.

Since independence from Britain in 1947, the two nations have fought three wars, two of them over Muslim-majority Kashmir, which they both claim in full but rule in part. The Pakistan-ruled part is called Azad Kashmir while India administers Jammu and Kashmir. 

“Up to 54 IED incidents have been reported on this side of the LoC which includes Chakothi, Neza Pir, Chirakot, Rakh Chikri, Deva, Battal and Kot Kotera sectors,” Noor said at a press conference, naming border towns in Azad Kashmir. 

“India is targeting civilians in Poonch, Bagh, Kotli, Mirpur, Rawalakot and Bagsar sectors also.”

Noor said four IEDs were recovered between Feb. 4-6 in Azad Kashmir’s Battal and Rawalakot sectors, with one civilian killed. 

“Pakistani officials have submitted evidence over these incidents to United Nations officials,” he added. 

Indian-administered Kashmir has been roiled by militant violence since the start of an anti-India insurgency in 1989 that killed tens of thousands, although violence has waned in recent years. Insurgent groups demand independence or merger with Pakistan.

New Delhi has for years accused Pakistan of launching militant attacks in India and helping militants who have battled Indian security forces since the late 1980s. Pakistan denies the accusation and says it only provides diplomatic and moral support for Kashmiris seeking self-determination.

In 2019, India’s government revoked Kashmir’s partial autonomy and imposed direct control. 


WWF says Pakistan’s pangolin population down 80 percent, urging immediate action

WWF says Pakistan’s pangolin population down 80 percent, urging immediate action
Updated 14 February 2025
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WWF says Pakistan’s pangolin population down 80 percent, urging immediate action

WWF says Pakistan’s pangolin population down 80 percent, urging immediate action
  • Population of pangolin has “drastically declined” due to poaching, illegal trade, habitat loss, retaliatory killings, climate change
  • Pakistan is believed to be transit route for international smuggling of pangolin scales primarily to China and Southeast Asia

KARACHI: The World Wide Fund for Nature-Pakistan (WWF-Pakistan) said on Friday Pakistan’s pangolin population was “drastically” declining, saying it was down at least 80 percent from previously recorded numbers.

The Indian pangolin is the only pangolin species found in Pakistan, which is classified as endangered in the IUCN Red List of Species.

“In Pakistan, particularly in the Potohar region, the species has disappeared from 80 percent of its former range,” WWF-Pakistan said in a press release on World Pangolin Day, observed on the third Saturday of February.

“While exact population estimates are challenging to determine, the overall population has drastically declined.”

According to the IUCN, other population models predict that the global Indian pangolin population may decrease by approximately 50 percent over the next 20 years.

The Indian pangolin is protected under both federal and provincial wildlife laws in Pakistan. Since 2016, it has also been listed in Appendix I of CITES, which legally prohibits any international trade of the species and its products, including scales. 

However, the pangolin faces several challenges, especially poaching, retaliatory killing and illegal trade activities. They are heavily hunted for their scales, which are used in traditional medicine and illegal trade. Urbanization, agricultural expansion, and deforestation are also reducing their natural habitat. Further, studies indicate that Pakistan is a transit route for the international smuggling of pangolin scales, primarily to China and Southeast Asia. All these challenges are putting the survival of pangolins at risk.

WWF-Pakistan has proposed that provincial wildlife departments and other law enforcement authorities take immediate actions to halt the illegal trade of the species and increase penalties for poaching and illegal trade. There is also an urgent need to enhance the monitoring of trade routes to prevent the smuggling of pangolin scales.

“As these species play a vital role in maintaining ecological balance, we must combat illegal wildlife trade, protect their habitats, and ensure a future where these unique creatures can thrive,” Muhammad Jamshed Iqbal Chaudhry, Senior Manager Research and Conservation, WWF-Pakistan, said, proposing reforestation projects and protection of pangolin habitats in key regions like the Potohar Plateau, Margalla Hills, and Azad Jammu and Kashmir. 

The establishment of community-based pangolin protection zones (PPZs) in priority population hotspots in Rawalpindi (Punjab) and Mirpur (AJK) should be improved, Chaudhry said. 

“Scientific studies to assess pangolin population trends and distribution in Pakistan should be conducted,” he added.

WWF-Pakistan also appreciated efforts taken for the development of the Pangolin Conservation and Management Plan for Pakistan (2018-23). SMART (Spatial Monitoring and Reporting Tool) has been implemented in key habitats of the pangolin in Punjab, and a coordination system with Rescue 1122 has been developed to encourage community engagement in reporting illegal pangolin trade to the wildlife authorities. Furthermore, SAFE Systems strategies have also been developed for human-pangolin conflict management.

Currently, WWF-Pakistan is working in collaboration with the KP and Punjab provincial wildlife departments for pangolin conservation. The project “Saving the Pangolin of Pakistan” is being implemented in the KP Province, and surveys for species distribution have been completed in the region. 

Further, a Pangolin Protection Zone, enforced with community-based watch and ward, is being established in the southern districts of the KP province. 

WWF-Pakistan has also planned a joint venture with Tikki Hywood Foundation (Zimbabwe) for radio transmitter installation to study the habitat of the pangolin and help in establishing a rehabilitation center.


Pakistan win the toss and bat against New Zealand in the tri-nation series final

Pakistan win the toss and bat against New Zealand in the tri-nation series final
Updated 14 February 2025
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Pakistan win the toss and bat against New Zealand in the tri-nation series final

Pakistan win the toss and bat against New Zealand in the tri-nation series final
  • Final is a dress rehearsal for both teams ahead of next week’s opening game of the Champions Trophy
  • Pakistan eliminated South Africa from final with epic run-chase of 355-4 at same venue on Wednesday

KARACHI: Pakistan won the toss and elected to bat against New Zealand in the tri-nation series final on Friday in a dress rehearsal for both teams ahead of next week’s opening game of the Champions Trophy.
Pakistan eliminated South Africa from the final with its epic run-chase of 355-4 at the same venue on Wednesday with captain Mohammad Rizwan and vice-captain Salman Ali Agha scoring centuries.
Pakistan brought in fast bowling all-rounder Faheem Ashraf for his first ODI since his last appearance against Sri Lanka at the Asia Cup in 2023.
Ashraf replaced fast bowler Mohammad Hasnain, who went wicketless in his eight overs for 72 runs during Pakistan’s highest ever successful run-chase in ODIs two days ago.
“The pitch looks a little dry, and we want to put runs on the board,” Rizwan said at the coin toss.”The ODI win in the last game was massive and it has given us the momentum.”
New Zealand, which beat both Pakistan and South Africa at Lahore last week, made two changes and brought in Nathan Smith and Jacob Duffy. Smith replaced fast bowler Matt Henry while Duffy came in place of Ben Sears, who has been ruled out of the Champions Trophy with a hamstring injury.
“The boys have played here a lot and we had two trainings on similar wickets,” New Zealand captain Mitchell Santner said. “In Pakistan, the wickets are good. You always want to win, but there’s a bigger picture.”
Lineups:
Pakistan: Fakhar Zaman, Babar Azam, Saud Shakeel, Mohammad Rizwan (captain), Salman Ali Agha, Tayyab Tahir, Faheem Ashraf, Khushdil Shah, Shaheen Shah Afridi, Naseem Shah, Abrar Ahmed.
New Zealand: Devon Conway, Will Young, Kane Williamson, Daryl Mitchell, Tom Latham, Glenn Phillips, Michael Bracewell, Mitchell Santner (captain), Nathan Smith, Jacob Duffy, Will O’Rourke.