Pakistan News

    Washington Accord Universities List Pakistan Banks

  • Pakistan’s presence in grey list negative for banks: Moody’s

    ISLAMABAD: Moody’s Investor Service — a New York-based rating agency — on Thursday said that Pakistan’s inability to comply with the global standards on anti-money laundering and terror financing was a credit negative for its leading banks...

    “Pakistan’s continued presence on list of jurisdictions under increased monitoring — commonly known as grey list of the Financial Action Task Force (FATF) is credit negative for its banks,” it...

  • Pakistan Chairs in 14 foreign universities lying vacant

    ISLAMABAD: Pakistan Chairs in 14 different international universities, which are supposed to be instrumental for image building of the country, have been lying vacant for five to 10 years...

    On the other hand, India’s all 300 Chairs in foreign universities are said to be filled...

  • Pakistan's water talks with India under way in Washington

    WASHINGTON: Pakistan and India concluded the first day of their two-day talks on Thursday on a long-standing water dispute — maintaining a spirit of goodwill demonstrated in the last round...

    “This will be a long process and we should not expect an early result,” said a technical expert who has worked on India-Pakistan water disputes in the past...

  • Pakistan projecting positive image in Washington in difficult circumstances

    WASHINGTON: Pakistan partners with the United States in the fight against terrorism because it believes that whenever the two countries have worked together, it has benefited both, says the country’s ambassador, Aizaz Ahmad Chaudhary...

    Addressing a group of 96 students from Pakistan at the embassy on Wednesday, Ambassador Chaudhary also said that the relationship with the US was “one of the most important bilateral relationships for...

  • Pakistan, India conclude water talks in Washington

    WASHINGTON: Pakistan and India concluded the much-delayed water talks in the US capital on Tuesday, raising hopes that they would avoid further tensions over an issue that has far-reaching consequences for both...

    Ambassador Aizaz Ahmed Chaudhary also attended the two-day talks held at the World Bank headquarters in Washington...

  • Pakistan, Afghan envoys in US trade barbs at Washington moot

    WASHINGTON: Afghanis­tan cannot blame Pakistan for all its ills, as terrorist attacks happening there originate in that country, says Ambassador Aizaz Chaudhry, Islamabad’s envoy in Washington...

    His Afghan counterpart Hamdullah Mohib argues that Afghanistan is not alone in blaming Pakistan; other neighbours, including Iran, also accuse it of interfering in their internal affairs...

  • McCain’s warning reflects changing mood in Washington towards Pakistan

    WASHINGTON: US Senator John McCain’s warning that if Pakistan does not stop supporting the Haqqani network, the United States should change its ‘behaviour’ towards the Pakistani nation reflects the changing mood in Washington towards a country once considered a close ally...

    Senator McCain, who was in Islamabad recently before flying over to Kabul, said he had conveyed this message to Pakistan’s civilian and military leaders as...

  • After Kabul attack, Washington urges Pakistan to 'take action' against Taliban leaders

    Separately, FO Spokesperson Mohammad Faisal had rejected the knee-jerk reaction "by some Afghan circles to point the finger at Pakistan for the terrorist attack on Intercontinental Hotel in Kabul...

    Addressing a press briefing on Monday, Spokesperson Sarah Sanders said that the attack against civilians would only serve to strengthen Washington's resolve in working with its Afghan partners...

  • US suspension of aid not a ‘life or death situation’ for Pakistan, says navy chief in Washington

    Pakistan Navy Chief Admiral Zafar Mahmood Abbasi on Monday said that India’s sea-based nuclear weapon initiative had compelled Pakistan to take steps for maintaining strategic balance in the region...

    Talking to media persons at the Pakistan Embassy in Washington, Admiral Abbasi, who is visiting US to attend an international sea-powers symposium, rejected the “myth” that Pakistan was seeking strategic depth in Afghanistan...

  • Pakistan, Japan sign $24m accord for energy project

    ISLAMABAD: Pakistan and Japan signed here on Thursday a loan agreement amounting to $24 million for the implementation of the second phase of ‘Islamabad-Burhan Transmission Line Reinforcement’ project...

    The project will improve reliability of the national grid and meet the growing demand for electricity transmission through reinforcement of transmission lines necessary for power supply to the Islamabad capital territory and...

  • Pakistan, China set to sign economic zone accord

    KARACHI: Pakistan is set to sign a 40-year-lease with a Chinese company to develop a massive special economic zone in the deep sea port of Gwadar, officials said on Wednesday...

    The contract is part of the $46 billion China-Pakistan Economic Corri­dor (CPEC) that will link western China to the Arabian Sea with infrastructure, energy and transport projects...

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