The Financial Daily : 2020-09-25

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Friday, September 25, 2020 JURA SECTOR: Ambassador­s, diplomats, defence attaches and representa­tives of multiple countries and internatio­nal organisati­ons during their visit to Jura Sector along the Line of Control, Thursday. - PID photo Diplomatic community visits LoC & meets the victims of Indian CFVs Sindh to decide second phase of school reopening on Monday: CM 799 fresh corona cases; five more die ISLAMABAD: A total of 799 new cases of coronaviru­s surfaced in the country after the tests of 42,299 people during the l ast t wenty- four hours, said the National Command and Operation Centre ( NCOC) on Thursday. According t o the NCOC, the number of Covid- 19 cases across the country has reached 308,217 with addition of t he new cases. The country reported fi ve more coronaviru­s- related ISLAMABAD: Ambassador­s, diplomats, defence attaches and representa­tives of various countries and internatio­nal organizati­ons visited Jura Sector along Line of Control ( LoC) on Thursday. Director General InterServi­ces Public Relations ( ISPR) Major General Babar Iftikhar on the occasion briefed the diplomatic community on the latest situation along the LoC and Indian ceasefire violations ( CFVs). The diplomats were briefed that Indian troops intentiona­lly target the civilian population along with the LoC and have committed 2,333 ceasefire violations during this current year, martyring 18 people and leaving 185 civilians with serious injuries. The Indian ceasefire violations have increased after 2014, he told the envoys. "Human rights sit uation in occupied Kashmir is alarming," Major General Babar Iftikhar told the envoys. He informed them that India is carrying out the CFVs to divert the world's attention from the Kashmir dispute as well as what is happening to minorities in the South Asian nation. The military's spokespers­on also apprised the envoys of the Indian forces' use of heavy weapons in the violations. The delegation of defence attachés, ambassador­s, and internatio­nal organisati­ons' representa­tives from 24 countries visited the LoC t o get a fi rst- hand account of the situation in the area. The diplomats - including representa­tives from Azerbaijan, Australia, Bosnia, Egypt, France, Germany, Greece, Iran, Iraq, Poland, Switzerlan­d, Saudi Arabia, South Africa, Turkey, the United Kingdom, Uzbekistan, and the European Union - also met the victims of Indian aggression and those targeted by unprovoked firing from New Delhi's forces during their visit. The representa­tives of the United Nations World Food Programme ( WFP) also visited the LoC. The delegation personally reviewed the LoC violations by the Indian forces. It is noteworthy that India has banned foreign ambassador­s, as well as the UN's observer missions and the media, from visiting on its side of the LoC. - TLTP KARACHI: Sindh Chief Minister ( CM) Syed Murad Ali Shah said on Thursday that the provincial government will review the situation about the second phase of reopening of the schools in the province on September 28 ( Monday). Addressing a press conference here, Chief Minister Murad Ali Shah said that though the number of coronaviru­s case is diminish- ing, the threat of the pandemic still persists. He said that the province has enhanced its capacity of carrying out tests and added that 18,000 tests were conducted on Wednesday last in Sindh to detect coronaviru­s. "Children are the future of our country and parents and teachers should ensure enforcemen­t of SOPs," he said. See# 15 Page7 Govt is following macroecono­mic basic to achieve growth: Hafeez See# 18 Page7 2 terrorists arrested in DG Khan Supreme Court directs to remove all encroachme­nts along the route of KCR LAHORE: The C o u n t e r - Te r r o r i s m Department ( CTD) officials claimed to arrest two alleged terrorists during a raid conducted in Dera Ghazi Khan on Thursday. Two alleged terrorists associated with a banned outfit were arrested by CTD personnel in Dera Ghazi Khan. Security officials also recovered explosive material from their possession. The detainees are identified as Usman and Azhar. According to sources, the terrorists made a plan to target sensitive installati­ons. The detained terrorists have been shifted to an undisclose­d location for further investigat­ion. - TLTP ISLAMABAD: The government is committed to following macroecono­mic fundamenta­ls through effective policy making and targeted reforms with an aim to achieve sustainabl­e and inclusive growth trajectory. Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh said this while chairing a meeting of the Monetary and Fiscal Policies Coordinati­on Board here on Thursday. Other members of the board present in t he meeting were Adviser to the PM on Commerce and Investment Abdul Razak Dawood, Deputy ISLAMABAD: The top court has directed Pakistan Railways to r emove all encroachme­nts along the route of Karachi Circular Railways ( KCR). A bench of Supreme Court on Thursday heard the case regarding the revival of the Karachi Circular Railways ( KCR). The counsel f or Pakistan Railways told the court that the railway has submitted its report to the court over the matter. Chief Justice Gulzar Ahmed said that the pic tures in t he report explain nothing, adding that land is seen under encroachme­nt in these photograph­s . "How the train will run when the land adjacent to the track has been under encroachme­nt," the CJP remarked. "The path for running a train has been cleared," CEO Railways told the court. "Talk as a responsibl­e officer," the Chief Justice retorted. "Don't you think the encroached land belongs to the Railways," the CJP asked. "The Railways should have cleared everything to appear before the court," he further said. "Take tractor with you and demolish all encroachme­nts," the top judge said. "A building just has a distance of four feet from the railway track," Justice Faisal Arab observed. The court ordered Pakistan Railways to clear the land along the railway track. In February, t he court had directed the Pakistan Railways to revive and operate the KCR within six months and asked the provincial government to See# 16 Page7 Riyadh allows PIA to fly 21 addl flights ISLAMABAD: The Saudi government has granted special permission t o Pakis tan Internatio­nal Airlines ( PIA) to fly 21 additional flights on a weekly basis between the two countries. According to a spokesman of the national carrier, keeping in view the urgent need of many of the Pakistanis to reach Saudi Arabia f or r enewal of t heir Iqamas ( work permits), PIA had requested the Saudi government to allow additional flights. He said with increase in the number of flights, PIA will be able to transport 25,500 passengers from Pakistan before 30th of this month which is the deadline for many ensuring their presence in the kingdom. - TLTP See# 20 Page7 Chinese universiti­es to open campuses in Haripur: CEN Increase in cement prices: CCP carries search at APCMA PBF seeks steps to cut cost of doing business ISLAMABAD: Chinese universiti­es will collaborat­e with the government of Pakistan to open campuses in Pak- Austria Institute of Applied Sciences and Technology Haripur in Khyber Pakhtunkhw­a ( KPK) province. The five Chinese along with three Austrian universiti­es will handle various department­s of the institute to contribute to the country's technologi­cal advancemen­t. This huge project will take another 5 to 7 years to be fully completed, China Economic Net ( CEN) reported on Thursday. The institute will offer around 30 most modern courses to students including artificial intelligen­ce, material engineerin­g, mineral developmen­t, food technology and agricultur­al sciences. The modern robots and drones used in agricultur­e will also be taught to students. The prime focus of establishi­ng such institutio­ns is to meet the workforce demands in key growth sectors such as industry, IT, informatio­n and communicat­ion technologi­es, medical technologi­es, electrical and mechanical as well as mineral resource developmen­t, extractive metallurgy and constructi­on. For the first two years the students will receive education in Pakistan while the rest of the education will be completed either in China or in Austria. Later after completing t heir degrees, the young profession­als can come back and serve the country. The project's location is especially important because it is near the Hatter industrial estate where around 80 Chinese companies will shift their businesses. The country's first digital city is also in this area where the most modern software park will be establishe­d. The 50 acres park will open doors for software developmen­t in the KPK province. The place also has due importance due to the Havelian dry port which will be the trade route to China in near future. Pak- Austria Institute of Applied Science and Technology is a leap forward to assist the government of Pakistan in acquiring the muchneeded pool of quality human resources in order to enhance the prosperity of Pakistan through developing a knowledge economy. - TLTP LAHORE: The C o m p e t i t i o n Commission of Pakistan ( CCP), as part of an inquiry launched in May 2020 to investigat­e the possible anticompet­itive activities by the cement manufactur­ers, carried out a search and inspection of the All Pakistan Cement Manufactur­ers Associatio­n ( APCMA) here on Thursday. According to a press statement, two different teams entered KARACHI: President Pakistan Businesses Forum ( PBF), Sahibzada Usman Zulfiqar has said that Pakistan Tehreek- eInsaf government has taken steps for ease of doing business, but nothing significan­t has been achieved to reduce cost of doing business except curtailing import tariffs on some of the raw materials consumed in local production. In a statement on Thursday, he further said, "Presently, our products are neither competitiv­e against imported goods nor in the internatio­nal markets." The PBF chief said the drop in exports during August called for out- of- the- box solutions for economic growth, as COVID- 19 has adversely impacted the world's economy as well as Pakistan's tra de and industrial sectors. According t o data, Pakistan's exports in August fell 20 percent in dollar terms, as compared to the same period last year. This dip comes after a surge in exports during July 2020, when COVID19 restrictio­ns were more stringent. See# 17 Page7 See# 19 Page7 Chinese envoy fights back at US accusation­s in SC UNITED NATIONS: China's permanent representa­tive to the United Nations, Zhang Jun, on Thursday fought back at U. S. accusation­s against China over the handling of COVID- 19. At a summit- level debate on "global governance after COVID- 19," the U. S. permanent representa­tive to the United Nations, Kelly Craft, repeated President Donald Trump's demand to hold China accountabl­e for the spread of the virus. In response, Zhang said Thursday's meeting was a moment for solidarity and cooperatio­n, as reflected by the appeals of t he vast majority of Security Council members. "Regrettabl­y, we once again heard noises from the U. S. that are so at odds with the atmosphere of the meeting. China resolutely opposes and rejects the baseless accusation­s by the U. S.," said Zhang. For quite a while, some U. S. politician­s have been obsessed with attacking other countries and UN bodies. Abusing the platform of the United Nations and its Security Council, the United States has been spreading "political virus" and disinforma­tion, and creating confrontat­ion and divi- sion, he said. Such practice cannot defeat the virus. On the contrary, it has seriously disrupted the joint efforts of the internatio­nal community to fight the pandemic, he said. "I must say, enough is enough. You have created enough troubles for the world already," said Zhang. China was the first to be hit by the outbreak of COVID- 19. The timeline of China's response is clear. Under the leadership of the Communist Party of China, the Chinese people have united together in the fight against the virus. China's great efforts and sacrifice are clear to all. China's contributi­on to the global battle against the pandemic is also well recognized, he said. The United States should understand that its failure in handling COVID- 19 is totally its own fault, said Zhang. The United States has nearly 7 million confirmed cases and over 200,000 deaths by now, he noted. "With the most advanced medical technologi­es and system in the world, why the U. S. has turned out to have the most confirmed cases and fatalities? Many countries which were hit by the pandemic around the same time have already contained the virus, and why the U. S. has failed to do so? According to the official data of the U. S., its minority groups register a higher rate -- disproport­ionate with their population -- of infection and fatality, why? What is the fundamenta­l cause?" he asked. Before pointing fingers at others, perhaps the U. S. politician­s need to give honest answers to these questi ons. If someone should be held accountabl­e, it should be a few U. S. politician­s themselves, said Zhang. The United States should See# 21 Page7 Published by Shakil Haider Jafri & Printed by Mukhtar Aqil at KK Printers for Data Research Communicat­ion, 111- C, Jami Commercial Phase VII, DHA Karachi. PRINTED AND DISTRIBUTE­D BY PRESSREADE­R PressReade­r. com + 1 604 278 4604 O R I G I N A L C O P Y . O R I G I N A L C O P Y . O R I G I N A L C O P Y . O R I G I N A L C O P Y . O R I G I N A L C O P Y . 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