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PTA to be signed with Jordan to boost trade

ISLAMABAD: Pakistan and Jordan have agreed to move toward a preferential trade agreement (PTA) and broaden bilateral cooperation across various sectors, marking a shift toward deeper economic engagement between the two countries. The two countries signed the protocol to translate long-standing historical, political and diplomatic ties into measurable economic and institutional outcomes. The protocol was signed at the sidelines of the 10th session of the Pakistan-Jordan Joint Ministerial Commission (JMC), held on Feb 4-5. The JMC was co-chaired by Pakistan’s Minister for Commerce Jam Kamal Khan and Jordan’s Minister of Industry, Trade and Supply Yarub Qudah. Both sides agreed significantly expand bilateral cooperation across 16 priority sectors, ranging from trade, finance and industry to climate change, maritime affairs, health, technology and education. The session marks a renewed push and a milestone to operationalise cooperation under the JMC framework established in 1975. Commer...
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PTI, TTAP say will not compromise on Imran’s health; urge nation to participate in Feb 8 protest

ISLAMABAD: The leadership of the PTI and the Tehreek Tahafuz Ayeen-i-Pakistan (TTAP) on Thursday unanimously announced that they would not compromise on the health of incarcerated PTI founder Imran Khan, and urged the nation to join the nationwide shutter-down strike scheduled for February 8 (Sunday). The remarks were made during a meeting of the PTI’s joint parliamentary committee at Khyber Pakhtunkhwa House in Islamabad. The meeting was attended by prominent leaders, including Khyber Pakhtunkhwa Chief Minister Sohail Afridi, TTAP chief Mahmood Khan Achakzai, PTI Secretary General Salman Akram Raja, and PTI stalwarts Asad Qaiser and Taimoor Saleem Jhagra, among others. The meeting was closed off to the media. Addressing the participants, Qaiser said that the meeting was called because of Imran’s health. He said that representatives of 40 million people were in attendance and unanimously announced that they would not compromise on the health of the PTI founder. “Don’t push us again...
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Pakistan urges UNSC to designate BLA as terrorist group

UNITED NATIONS: Pakistan on Wednesday urged the United Nations Security Council (UNSC) to move swiftly to designate the banned Balochistan Liberation Army (BLA) as a terrorist organisation under its sanctions regime, saying the listing request was already under consideration by the council. “We hope the council will act swiftly to designate BLA under the 1267 sanctions regime, acceding to the listing request that is currently under consideration,” Pakistan’s Permanent Representative to the United Nations, Ambassador Asim Iftikhar Ahmad, told a UNSC briefing on ‘Threats to International Peace and Security caused by Terrorist Acts’. In his remarks, the envoy thanked UNSC members for issuing a press statement condemning the recent attacks in Balochistan and expressed appreciation for what he described as an international “outpouring of support and solidarity with Pakistan”. “We remain resolute in eliminating this externally sponsored scourge from our soil and exposing the sponso...
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The resurrection of a Pakistani sporting dream

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KARACHI: In family lore, the year 1976 shines with a particular light. It was the year of the Montreal Olympics, and a young man from Karachi named Marghoob Hasan Ansari carried the dream of representing Pakistan in field hockey. Whether he stood on the turf or carried the hope only in his heart, that dream became a family heirloom — a lost legacy of sporting ambition that his daughter, Shehla Nasir, would hold onto. With time and distance, it faded into the realm of proud, silent ghosts. Almost 49 years later, and 3,800 kilometres south, that ghost found its voice. It did not speak on the AstroTurf, but on a perfect, frozen sheet in Coral Springs, Florida. It did not cheer for a field hockey flick, but for the thunderous clap of a puck against plexiglass. And it did not watch a son, but a grandson. In the stands, surrounded by a sea of opposing colours, a small, defiant cluster of green flags fluttered. Among them stood the Olympian’s daughter, Shehla — her heart a storm of memory...
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JPMorgan plans frontier bond index

• Pakistan among top-weighted countries in planned benchmark • Proposed gauge targets high-yield local bonds in 20-25 economies across Asia, Africa and beyond LONDON: JPMorgan is finalising plans for a new index to track frontier market local currency bonds, investors consulted on the details told Reuters , as the bank looks to satisfy a growing appetite for riskier and more diversified high-yield debt. The move, which comes 15 years after the Wall Street bank launched its hard-currency Next Generation Markets Index (NEXGEM) frontier index, coincides with the year-long slump in the dollar and some extraordinary recent rallies in markets like Argentina, Ecuador and Uganda. JPMorgan declined to comment on the plans. Six leading money managers who spoke to Reuters on condition of anonymity said the bank’s engagements with them reached an advanced stage in the second half of last year. The proposed index includes 20 to 25 countries, with Egypt, Vietnam, Kenya, Morocco, Kazakhstan, ...
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US shoots down Iranian drone ‘aggressively’ approaching aircraft carrier, official says

The US military on Tuesday shot down an Iranian drone that “aggressively” approached the Abraham Lincoln aircraft carrier in the Arabian Sea, it said. The Iranian Shahed-139 drone was flying toward the carrier “with unclear intent” and was shot down by an American F-35 fighter jet, it said. “An F-35C fighter jet from Abraham Lincoln shot down the Iranian drone in self-defence and to protect the aircraft carrier and personnel on board,” said Navy Captain Tim Hawkins, a spokesperson at the US military’s Central Command. No American service members were harmed during the incident and no US equipment was damaged, he added. The incident came as diplomats sought to arrange nuclear talks between Iran and the United States, and US President Donald Trump warned that with US warships heading toward Iran, “ bad things ” would probably happen if a deal could not be reached. The Lincoln carrier strike group is the most visible part of a US military buildup in the Middle East following a crack...
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Israel bombs civilian areas in Lebanon

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AIN QANA: Smoke rises after an Israeli airstrike targeted a building in this southern Lebanese village, violating a truce.—AFP BEIRUT: One person was killed and eight others were injured on Monday as the Israeli military conducted strikes on multiple locations in southern Lebanon, targeting civilian areas in two villages. Despite a November 2024 truce that sought to end more than a year of hostilities including two months of all-out war between Israel and the group, Israel has kept up regular strikes on Lebanon and has maintained troops in five areas it deems strategic. Justifying the destruction, the Israeli military claimed that it was targeting “weapons storage facilities”. It further attempted to legitimise the bombing of residential neighbourhoods by reciting its standard claims, saying fighters hiding among “civilian infrastructure”. The Israeli army had previously sent evacuation warnings for the towns of Kfar Tibnit and Ain Qana in southern Lebanon. Lebanon’s state-run ...
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