World

US to Supply $345M Weapons Package to Taiwan

The United States has revealed a weapons aid package for Taiwan valued at approximately $345 million. The move is expected to provoke China’s displeasure, although the Biden administration has chosen not to disclose the specific armaments in the package.

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China’s Red Alert: Torrential Rain Warning for Beijing

China’s weather service issued a red alert for heavy rain in Beijing and nearby provinces as Typhoon Doksuri made its way inland, causing hazardous conditions in various parts of the country. The typhoon had hit southern Fujian province with powerful gusts of up to 175 kilometers per hour (110 miles per hour) before its influence was felt in the north.

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Approval Granted for Rs1 Trillion China-Funded Project

Pakistan has given the go-ahead for a China-funded Chashma nuclear power project worth Rs1.05 trillion, intending to generate 1,200 megawatts of electricity. However, concerns have been raised as necessary initial tariffs and approvals were not secured before approval. The government did not fulfill all the required formalities before granting the project the green light.

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Chinese Vice Premier’s Upcoming Visit to Pakistan

Chinese Vice Prime Minister He Lifeng is set to visit Pakistan on July 30 to mark the 10th anniversary of the China-Pakistan Economic Corridor (CPEC). The spokesperson of Pakistan’s foreign ministry announced this, adding that He Lifeng, who is also a member of the Politburo of the Central Committee of the Communist Party, will have meetings with President Arif Alvi and Prime Minister Shehbaz Sharif. During his stay from July 30 to August 1, He Lifeng will be the chief guest at an event celebrating the decade of CPEC.

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Pakistan opens the door to Gulf investment.

Pakistan’s newly established hybrid civil-military forum, the Special Investment Facilitation Council (SIFC), has given initial approval to 28 projects valued at billions of dollars, aiming to attract investment from Gulf countries. The projects span various sectors, including food, agriculture, information technology, mining, minerals, petroleum, and power. Notable projects include the Diamer-Bhasha dam’s construction and mining operations in Balochistan’s Reko Diq.

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Pakistan Calls for UN Accountability on Israel’s Actions in Palestine

Pakistan has urged the UN Security Council to take decisive action and uphold its resolutions regarding the Middle East conflict, particularly in ensuring the right of self-determination for the Palestinian people. Ambassador Munir Akram, while addressing the UN Security Council, strongly denounced recent large-scale Israeli military operations in the Palestinian West Bank and stressed the need for holding those responsible for grave human rights violations and crimes in occupied Palestine accountable.

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Pakistan Receives $4.4 Billion from World Bank & ADB

Official data from the Economic Affairs Division reveals that Pakistan received $4.4 billion in the fiscal year 2022-23 from the World Bank and Asian Development Bank (ADB), against the budgeted estimate of $5.836 billion, resulting in a shortfall of $1.436 billion.

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PIA Expands Routes to 16 Chinese Cities for Travelers

Pakistan International Airlines (PIA) has partnered with Air China to introduce flights from Pakistan to 16 different Chinese destinations through Beijing. As per a PIA employee, the newly accessible destinations via Pakistan’s national airline include Guangzhou, Shanghai, Wuhan, Chengdu, Chongqing, Changchun, Hangzhou, and Harbin.

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