High Commissioner of Pakistan’s Participation in ICIEF 2024

HC Syed Ahsan Raza Shah Represents Pakistan at 15th ICIEF

Kuala Lumpur, 22 February 2024 (WAI): High Commissioner of Pakistan Syed Ahsan Raza Shah participated in the 15th International Conference on Islamic Economics and Finance (ICIEF). Syed Ahsan Raza Shah represented Pakistan at the forefront of global Islamic economics and Finance discussions. The conference, jointly organized by the International Islamic University of Malaysia (IIUM), gathered … Read more

Why and how to fix Pakistan’s Energy Crisis?

Pakistan’s persistent energy crisis has long hindered its socio-economic development, posing significant challenges to its growth trajectory. As energy demand surges, the nation faces hurdles in production growth, urging immediate governmental attention. This article delves into the foundation causes of Pakistan’s energy crisis, highlighting elements with an unaffordable strength mix, round debt within the electricity … Read more

Potential Inclusion of Aramco Refinery Project in CPEC Framework

Islamabad, 16 February 2024(WAI): The Government of Pakistan is actively considering integrating a $10 billion Saudi Aramco refinery project into the China-Pakistan Economic Corridor (CPEC), as disclosed by sources in the Petroleum Division. Pakistani officials and representatives from Sinopec Engineering Group (SEG) in Beijing unveiled Aramco’s proposal to involve Sinopec as a technical and equity … Read more

Environmental challenges redefine state sovereignty in global politics

State sovereignty and the environment are important and interconnected factors shaping global politics. As defined by Carl Schmitt, sovereignty refers to the energy to decide the kingdom of exception, permitting the authority to droop or alter laws throughout emergencies or crises. Meanwhile, the surroundings are all the physical and natural elements surrounding dwelling matters. Inside … Read more

Pakistan’s export landscape shifts toward China

Pakistan's export landscape shifts toward China

Islamabad, 13th Feb 2024(WAI): Pakistan’s export landscape witnessed significant changes in the first half of the 2023/24 fiscal year, according to data released by the Trade Development Authority of Pakistan (TDAP) on Monday. Exports to high-priced European and North American markets experienced a decline during this period, contrasting with China maintaining its position as Pakistan’s … Read more

China-Pakistan building AI smart city within BRI

China-Pakistan building AI smart city within BRI

  Gwadar, 12 February 2024 (WAI): China and Pakistan researchers are collaborating to advance intelligent and secure city development in Pakistan through AI within the Belt and Road Initiative and China-Pakistan Economic Corridor.  The Cypins lab was established at the National University of Science and Technology Islamabad in 2022, working on various fields such as … Read more

Pakistan’s Relationship with FATF and its Impact on the Country’s Economy and Foreign Policy

Numerous international organizations have been established since the end of World War II to foster global peace, with the Financial Action Task Force (FATF) being one such entity created in July 1989 by the G-7 dedicated to examining and regulating the perils associated with money laundering and terrorist financing. In the aftermath of the events … Read more

Chinese Vice Premier meets U.S. Treasury Delegation

Beijing,6 February 2024(WAI): A significant meeting occurred between Chinese Vice Premier He Lifeng and a delegation led by Jay Shambaugh, the Under Secretary for International Affairs at the U.S. Department of the Treasury. The discussions during this pivotal meeting revolved around the imperative need for collaborative efforts to effectively implement the crucial agreements reached by … Read more

Srilanka and Thailand Free Trade Agreement

Colombo, 3 February 2023, (WAI): The President of Srilanka, Ranil Wickremesinghe, and the Prime Minister of Thailand, Srettha Thavisin, signed a landmark Trade Agreement in Colombo. This unveiled a blueprint for both country’s economic collaborations. In April 2022, Srilanka was declared bankrupt, and that’s why it suffered the worst financial crisis. The crisis also led … Read more

Dr. Liaqat Ali Shah highlights CPEC’s transformative impact

Islamabad, 02 February 2024 (WAI): In an interview, Dr. Liaqat Ali Shah, Head of Policy CPEC at the Centre of Excellence for CPEC, emphasized the transformative impact of Chinese investment within the China-Pakistan Economic Corridor (CPEC), particularly in vital sectors such as power generation, railways, and highways, with a particular focus on underdeveloped regions. He … Read more