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President Arif Alvi to attend 15th ECO summit in Asghabat on Nov 28

The summit meeting will review activities of the Organization and adopt ‘Ashgabat Consensus for Action’ as the outcome document

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President Arif Alvi to attend 15th ECO summit in Asghabat on Nov 28
GNN Media: Representational Photo

Islamabad: President Dr. Arif Alvi will pay an official visit to Turkmenistan to attend the 15th summit of the Economic Cooperation Organization (ECO), being held in Ashgabat on November 28.

The ECO summit will be chaired by President of Turkmenistan Gurbanguly Berdimuhamedov, the Foreign Office said Friday.

The theme of the summit is ‘Into the Future Together’. The summit meeting will review activities of the Organization and adopt ‘Ashgabat Consensus for Action’ as the outcome document.

The president will address the plenary session of the Summit. He will also hold bilateral meetings with participating leaders on the sidelines of the ECO Summit.

The ECO is a regional economic trade and development Organization established in 1985. Pakistan, Iran and Turkey are its founding members. The three countries were earlier part of the RCD (Regional Cooperation for Development), established in 1964.

In 1992, the ECO expanded to include Azerbaijan, Turkmenistan, Uzbekistan, Tajikistan, Kyrgyzstan and Kazakhstan. Afghanistan also became a member later.

The ECO region is located in neighbourhood of China, Europe, Russia and Gulf States.

It comprises 6.3 percent of world population. It contributes more than 2% to global trade with around 3 percent share in global GDP.

The region is rich in fossil fuel and mineral resources. The intra-region trade is 8 percent. Main trading partners of the region are EU, China and the U.S.

Pakistan hosted the 13th ECO Summit in Islamabad in 2017, while the 14th ECO Summit was hosted by Turkey in virtual format.

Besides reviewing ECO programs and activities, the Summit meeting will also consider the mid-term review of ECO Vision 2025.

The Vision 2025 was adopted in 2017 during the 13th Summit held in Pakistan. It serves as an overarching policy roadmap for the future and revival of ECO and provides guidelines for cooperation in trade, connectivity, energy, tourism, economic growth, social welfare and the environment.

Siddra Sumreen

Syeda Siddra has been working as a web journalist for over the past seven years. She earned her M.Phil degree in Mass Communication from the Lahore Leads University. Ms. Siddra has previously worked with other renowned channels and is now associated with GNN as Senior Content Writer.

Pakistan

AMC's Lt Gen Nigar Johar becomes first female to be appointed as colonel commandant

Lieutenant General Nigar became the first female ever to be appointed as Colonel Commandant of Army Medical Corps (AMC), the Inter-Services Public Relations said Friday.

Published by Faisal Ali Ghumman

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AMC's Lt Gen Nigar Johar becomes first female to be appointed as colonel commandant

Chief of Army Staff General Qamar Javed Bajwa pinned the badges of the new rank on Lt Gen Johar’s uniform during a ceremony at AMC Centre to formally install her to the new post, the military’s media wing said in a statement.

Speaking on the occasion, Gen Bajwa said that the appointment of Lt Gen Johar as the first female army official to have three stars on her uniform is “indeed, a matter of immense pride for Pakistan Army and the country”.

The Army chief also lauded AMC’s contributions in ensuring high standards of healthcare in peace and war.

“AMC has always answered the call of duty during natural calamities, both inland and abroad. Our doctors and paramedical staff have been the frontline warriors against COVID-19, displaying exemplary commitment and resolve for the safety and well-being of the people of Pakistan,” he said.

He concluded by saying that keeping pace with the rapid advancements in medical science is imperative for doctors and paramedics to keep themselves at par with the modern militaries and best healthcare practices across the globe.

According to ISPR, Genenral Bajwa also laid a floral wreath at Yadgar-e-Shuhada at the AMC Centre on the occasion and offered fateha.

 

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Business

US dollar hits high against Pakistani rupee

The dollar rose by 52 paise to 176.50 paise on the interbank market

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US dollar hits high against Pakistani rupee

Karachi: The US Dollar continued its surge against the rupee on Friday, gaining 48 paisa to reach another high of Rs175.46 in the interbank market.

According to foreign currency dealers, at the start of trading, the dollar rose by 52 paise to 176.50 paise on the interbank market.

The rupee lost 48 paisas (0.27%) to close at Rs175.46 against the greenback in the inter-bank market, according to data released by the State Bank of Pakistan (SBP).

The dollar had closed at Rs174.98 against the rupee the other day. The value of US currency was decreased by 6 paisa in interbank.

It is to be mentioned here that the dollar had earlier closed at a record high of 175.73 at the interbank on November 12.

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Pakistan

IHC rejects contempt of court plea against Maryam Nawaz 

'Judges are open for criticism', IHC Chief Justice remarked

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IHC rejects contempt of court plea against Maryam Nawaz 

Islamabad: Islamabad High Court (IHC) on Friday has rejected the contempt of court petition against Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz and Shahid Khaqan Abbasi.

A petition had been moved in the IHC seeking contempt of court proceedings against PML-N Vice President Maryam Nawaz and ex-prime minister Shahid Khaqan Abbasi over their statements related to former chief justice Saqib Nisar.

During the hearing, the petitioner said that the derogatory language used against former Chief Justice of Pakistan (CJP) Saqib Nisar comes under contempt of court over which, IHC Chief Justice Athar Minallah remarked that judges are open for criticism. 

Remarks about retired officials did not warrant contempt of court charges, even if they were made against a former chief justice, IHC Chief Justice added.

Subsequently, the court has rejected the plea to wrap up the case.

Earlier, the high court had taken notice of revelations leveled by the former chief judge of Gilgit Baltistan Rana Muhammad Shamim regarding PML-N leaders Nawaz Sharif and Maryam Nawaz and summoned all the parties and Attorney General Khalid Javed Khan in a personal capacity.

Former CJ of Gilgit Baltistan was also served with contempt of court notice.

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