Author name: NEN News

ISLAMABAD — Pakistan has the potential to significantly boost its foreign exchange earnings by up to $5 billion annually through the development of its local shipping and seafood processing industries, according to Saif ur Rehman, Coordinator to the Federal Tax Ombudsman. This statement was made on Sunday, highlighting the economic opportunities available if Pakistan transitions from relying on foreign shipping companies to utilizing locally owned, modern vessels that comply with international standards. What Happened Saif ur Rehman, speaking on the potential of Pakistan’s seafood industry, emphasized that the country could greatly enhance its foreign exchange reserves by focusing on local shipping and seafood processing. He noted that Pakistan’s reliance on foreign shipping companies has been a limiting factor in maximizing the economic benefits of its seafood exports. By investing in modern, locally owned vessels that meet international standards, Pakistan could capture a larger share of the global seafood market. Rehman pointed out that the current infrastructure and reliance on foreign entities have restricted the country’s ability to fully benefit from its seafood resources. He suggested that with the right investments and policy support, Pakistan could develop a robust seafood processing and shipping industry that not only meets international quality standards but also significantly increases the country’s export revenues. The coordinator also highlighted the need for government and private sector collaboration to develop the necessary infrastructure and technology. This includes modernizing fishing fleets and processing facilities to ensure that seafood products are competitive in international markets. Background Pakistan’s seafood industry has long been an underutilized sector with significant potential for growth. Historically, the country has relied heavily on foreign shipping companies to export its seafood, which has limited the economic benefits that could be derived from this natural resource. The country’s fishing industry has faced challenges such as outdated vessels, lack of modern processing facilities, and insufficient regulatory frameworks to support sustainable practices. In recent years, there has been growing recognition of the need to revamp the sector. Government initiatives have been introduced to encourage investment in modernizing the fishing fleet and improving processing capabilities. However, substantial progress has yet to be achieved, and the sector remains largely untapped in terms of its full potential to contribute to the national economy. Why It Matters The potential $5 billion increase in foreign exchange earnings from the seafood sector is significant for Pakistan’s economy, which has been facing challenges such as a trade deficit and foreign exchange shortages. Enhancing the seafood industry could provide a much-needed boost to the country’s economic stability and growth. Improving local shipping and processing capabilities would not only increase export revenues but also create jobs and stimulate economic activity in coastal regions. This development could lead to improved livelihoods for communities reliant on fishing and related industries. Moreover, by reducing dependence on foreign shipping companies, Pakistan could retain more of the economic value generated by its seafood exports. This would allow for reinvestment in local industries, further strengthening the country’s economic position. In the broader international context, a competitive seafood industry could enhance Pakistan’s trade relationships and increase its market share in global seafood exports. This would position the country as a more prominent player in the international seafood market, potentially leading to increased foreign investment and collaboration opportunities. Key Takeaways Pakistan could earn an additional $5 billion annually by developing its local shipping and seafood processing industries. Modernizing vessels and processing facilities is crucial to meeting international standards and capturing a larger market share. Government and private sector collaboration is needed to build the necessary infrastructure and technology. Enhancing the seafood sector could provide economic stability, job creation, and improved livelihoods in coastal regions. A competitive seafood industry could strengthen Pakistan’s position in global markets and attract foreign investment. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: July 26, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Federal Minister for Investment Qaiser Sheikh stated on Sunday that India cannot unilaterally suspend or terminate the Indus Waters Treaty (IWT), asserting that such an action would be illegal and violate international law. Sheikh’s comments come amid ongoing tensions between the two countries over water-sharing agreements. What Happened Minister Qaiser Sheikh addressed the issue of the Indus Waters Treaty during a press conference, emphasizing that India lacks the legal authority to unilaterally suspend the treaty. “The Indus Waters Treaty is a binding agreement under international law, and any unilateral action by India to suspend it would be illegal,” Sheikh declared. The minister’s remarks underscore Pakistan’s firm stance on the matter, as both countries have frequently clashed over water rights. The Indus Waters Treaty, brokered by the World Bank and signed in 1960, allocates the use of six rivers between India and Pakistan. It is considered one of the most successful water-sharing agreements globally, having survived multiple conflicts between the two nations. However, recent developments have strained the treaty’s implementation, with India expressing dissatisfaction over certain provisions. Minister Sheikh’s statements were made in response to reports suggesting that India might consider suspending the treaty as a strategic move. The minister reiterated that such a step would not only breach international obligations but also exacerbate regional tensions. “We urge India to adhere to the treaty’s terms and engage in dialogue to resolve any disputes,” he added. Background The Indus Waters Treaty was signed in 1960 after nine years of negotiations facilitated by the World Bank. It was designed to manage the distribution of water from the Indus River system, which flows through both India and Pakistan. Under the treaty, Pakistan received control over the waters of the Indus, Jhelum, and Chenab rivers, while India was allocated the waters of the Ravi, Beas, and Sutlej rivers. Despite its success, the treaty has faced challenges, particularly with the construction of hydroelectric projects by India on rivers allocated to Pakistan. These projects have often led to disputes, with Pakistan alleging that they violate the treaty’s provisions. The treaty includes mechanisms for dispute resolution, but political tensions have sometimes hindered their effectiveness. Why It Matters The Indus Waters Treaty is a cornerstone of the bilateral relationship between India and Pakistan, both of which rely heavily on the rivers for agriculture, drinking water, and energy production. Any disruption to the treaty could have significant implications for the region’s water security and economic stability. For Pakistan, the Indus River system is vital for its agriculture, which is a major component of the country’s economy. Any reduction in water flow could adversely affect crop yields, leading to food insecurity and economic distress. Additionally, the treaty’s suspension could escalate political tensions, potentially impacting regional peace and stability. On a broader scale, the treaty is often cited as a model for transboundary water cooperation. Its suspension or termination could set a concerning precedent for other international water-sharing agreements, potentially leading to increased conflicts over water resources globally. Key Takeaways Minister Qaiser Sheikh asserts that India cannot legally suspend the Indus Waters Treaty unilaterally. The treaty, signed in 1960, is a critical water-sharing agreement between India and Pakistan. Suspension of the treaty could lead to significant economic and political consequences for both nations. The treaty’s stability is vital for regional water security and international water cooperation. Pakistan calls for dialogue to address any disputes related to the treaty. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: July 26, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — The Islamabad Electric Supply Company (IESCO) has announced a power suspension programme scheduled for Monday, affecting various areas within its operational region. This temporary disruption is attributed to necessary maintenance and routine development work, as confirmed by an IESCO spokesperson. What Happened On Sunday, IESCO issued a notification detailing the planned power outages set for Monday across several circles under its jurisdiction. According to the spokesperson, these outages are essential to facilitate maintenance activities and ensure the reliability of the electricity supply in the future. In the Islamabad Circle, power will be suspended from 6 am to 10 am in areas including Scheme-II, Rehara, Mohra Noor, Shahzad Town, and the Islamabad Club-I feeders. Similarly, in the Rawalpindi Cantt Circle, the power supply will be interrupted during the same hours for Old Rawat, New Rawat, AOWHS, Suparco, and CWO feeders. The Jehlum Circle will experience power cuts from 6 am to 10 am, affecting Karyala, Metro City, Grand City, and Bolani feeders. Meanwhile, in the Chakwal Circle, electricity will be unavailable from 6 am to 10 am in Khanpur and Jhand Khan Zada, and from 6 am to 3 pm in Jamal Wal and Mengan feeders. Furthermore, in the GSO Circle, power will be suspended at various times throughout the day. The 132KV GSS RAWAT-II power transformer T-1 will be affected from 8 am to 5 pm, while the 132kv AWC HMC Taxila and 132KV Sangjani-Burhan will experience outages from 9 am to 4 pm. Additionally, the 132KV Kahuta City-Palandri and 132KV New Wah-Bahtermore, along with related earth switch areas, will face interruptions from 8 am to 6 pm. IESCO has expressed apologies to its consumers for the inconvenience caused by these outages. The company assured that efforts would be made to complete the maintenance work ahead of schedule, which could lead to an earlier restoration of power supply. Background IESCO, responsible for the distribution of electricity in Islamabad and surrounding areas, periodically conducts maintenance and development work to enhance the efficiency and reliability of its power distribution network. Such maintenance activities are crucial for preventing long-term disruptions and ensuring the safety and stability of the electricity infrastructure. Power outages for maintenance purposes are a common practice globally, allowing utility companies to upgrade systems, conduct repairs, and implement new technologies. In Pakistan, where the electricity grid faces challenges due to aging infrastructure and increasing demand, regular maintenance is vital to meet the needs of consumers effectively. Why It Matters The scheduled power suspension highlights the ongoing efforts by IESCO to maintain and upgrade its electricity distribution network. While these outages may cause temporary inconvenience to consumers, they are essential for ensuring a stable and reliable power supply in the long run. The proactive approach taken by IESCO reflects its commitment to addressing infrastructure challenges and improving service delivery. For residents and businesses in the affected areas, the power suspension underscores the importance of planning and preparation. Businesses may need to adjust their operations to accommodate the temporary loss of electricity, while residents are advised to take necessary precautions to mitigate the impact on daily activities. On a broader scale, the maintenance work conducted by IESCO is part of the larger efforts required to modernize Pakistan’s electricity infrastructure. As the country continues to face energy challenges, including load shedding and distribution inefficiencies, such initiatives are crucial for achieving energy security and supporting economic growth. Key Takeaways IESCO has announced a power suspension programme for Monday due to maintenance and development work. Multiple areas in Islamabad, Rawalpindi, Jehlum, and Chakwal circles will be affected by the outages. Maintenance work is essential for improving the reliability and efficiency of the electricity supply. IESCO aims to complete the work ahead of schedule to minimize inconvenience to consumers. The initiative is part of broader efforts to modernize Pakistan’s electricity infrastructure. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: July 26, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

CANBERRA — The Pakistani community in Canberra, in collaboration with the High Commission for Pakistan, successfully hosted the Pakistan Mango and Multicultural Festival 2026 at Thoroughbred Park on Sunday. The event attracted more than 20,000 visitors from Canberra and surrounding areas, celebrating Pakistan’s cultural heritage and its renowned mangoes. What Happened The festival, part of a series of Pakistani mango festivals held across Australian cities including Melbourne, Sydney, Brisbane, and Perth, was officially inaugurated by ACT Minister for Community Services and Multiculturalism, Suzanne Orr, along with High Commissioner of Pakistan, Irfan Shaukat. Minister Orr praised the festival organisers for their efforts in creating such a significant community event, highlighting the contributions of the Pakistani diaspora to Canberra’s multicultural fabric. High Commissioner Shaukat emphasized the festival’s role in celebrating Pakistan’s rich cultural heritage and traditions. He noted the importance of the Pakistani-Australian community in enhancing multicultural ties and fostering people-to-people connections between Pakistan and Australia. The festival featured Pakistan’s world-famous mangoes, traditional cuisine, cultural exhibits, music, and performances, offering a platform for diverse communities to engage in a spirit of friendship and inclusiveness. The event was a vibrant display of cultural harmony, with attendees enjoying a variety of activities and performances that showcased the diversity and richness of Pakistani culture. Traditional music and dance performances captivated the audience, while food stalls offered a taste of authentic Pakistani cuisine, with mangoes being the star attraction. Background The Pakistan Mango and Multicultural Festival is part of an ongoing effort by the Pakistani community and the High Commission to promote cultural exchange and understanding in Australia. These festivals have been held annually in various cities, aiming to bring together people from different backgrounds to appreciate the cultural and culinary delights of Pakistan. Pakistan is known for its diverse and high-quality mango varieties, which are celebrated globally. The mango, often referred to as the ‘king of fruits’, is an integral part of Pakistan’s agricultural exports and cultural identity. These festivals serve not only to promote Pakistani mangoes but also to strengthen cultural ties and understanding between Pakistan and the host countries. Why It Matters The festival holds significant importance in the context of multiculturalism and international relations. It serves as a platform for cultural diplomacy, fostering mutual respect and understanding among diverse communities. Such events are crucial in promoting Pakistan’s soft image abroad, showcasing its rich cultural heritage and the contributions of its diaspora. Economically, the festival highlights the potential of Pakistani mangoes in international markets, promoting them as a premium product. This not only benefits Pakistani farmers and exporters but also strengthens economic ties between Pakistan and Australia. The event also underscores the importance of diaspora communities in enhancing bilateral relations and contributing to the multicultural fabric of their host countries. Socially, the festival provides an opportunity for the Pakistani community in Australia to celebrate and share their cultural heritage with others, fostering a sense of pride and community cohesion. It also offers Australians a chance to experience and appreciate the diversity and richness of Pakistani culture, contributing to a more inclusive and harmonious society. Key Takeaways The Pakistan Mango and Multicultural Festival in Canberra attracted over 20,000 visitors, celebrating cultural diversity and Pakistani heritage. The event was inaugurated by ACT Minister Suzanne Orr and High Commissioner Irfan Shaukat, highlighting the contributions of the Pakistani diaspora. The festival featured Pakistan’s renowned mangoes, traditional cuisine, and cultural performances, promoting cultural exchange and understanding. Such events play a crucial role in enhancing Pakistan’s soft image and strengthening economic and cultural ties with Australia. The festival underscores the importance of diaspora communities in fostering multiculturalism and international relations. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: July 26, 2026  |  Source: Press Release from Government of Pakistan This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Pakistan could significantly reduce its foreign exchange expenditure by enhancing domestic food production, according to Shahid Imran, Convener of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Committee on Food. Speaking on Sunday, Imran highlighted the potential savings that could be achieved by increasing the cultivation of key crops such as sugarcane, pulses, and wheat. What Happened Shahid Imran of the FPCCI emphasized the importance of expanding Pakistan’s agricultural output to mitigate the financial burden of food imports. He noted that by bringing more cultivable land under the production of sugarcane, pulses, and wheat, Pakistan could save billions of dollars in foreign exchange annually. This strategy aims to reduce the country’s reliance on costly food imports, which have been a significant drain on national resources. Imran pointed out that Pakistan has the potential to be self-sufficient in food production, given its vast agricultural resources. He stated, “By optimizing our agricultural practices and expanding the area under cultivation, we can not only meet domestic demand but also create surplus for export.” The FPCCI convener called for government support in the form of subsidies and incentives for farmers to encourage the cultivation of these essential crops. Moreover, Imran stressed the need for modernizing agricultural techniques and investing in infrastructure to support increased production. He suggested that adopting advanced farming technologies could enhance yield and efficiency, thereby contributing to the overall goal of food self-sufficiency. Background Pakistan has historically been an agrarian economy, with agriculture contributing significantly to its GDP and employing a large portion of the workforce. However, over the years, the country has faced challenges such as water scarcity, outdated farming methods, and insufficient investment in the agricultural sector. These issues have led to a reliance on food imports to meet domestic demand, particularly for staples like wheat and pulses. The government has periodically launched initiatives to boost agricultural production, including the introduction of high-yield seed varieties and irrigation projects. Despite these efforts, the sector continues to struggle with inefficiencies and a lack of modernization, which hampers its potential to fully support the country’s food requirements. Why It Matters The push for increased domestic food production is crucial for Pakistan’s economic stability. The country’s heavy reliance on food imports has resulted in substantial foreign exchange outflows, exacerbating the trade deficit and putting pressure on the national currency. By reducing dependence on imports, Pakistan can improve its balance of payments and strengthen the rupee. Furthermore, enhancing agricultural productivity aligns with broader goals of food security and rural development. As a significant portion of Pakistan’s population lives in rural areas and depends on agriculture for their livelihood, boosting this sector can lead to job creation and poverty alleviation. It also has the potential to stabilize food prices and ensure a steady supply of essential commodities, which is vital for the country’s socio-economic well-being. On an international level, achieving self-sufficiency in food production can position Pakistan as a competitive player in the global agricultural market. By exporting surplus produce, the country can generate additional revenue and strengthen trade relations with other nations. Key Takeaways Pakistan can save billions in foreign exchange by boosting domestic food production. Expanding cultivation of sugarcane, pulses, and wheat is essential to this strategy. Government support and modernization of agricultural practices are critical for success. Increased agricultural output can enhance food security and rural development. Achieving self-sufficiency could improve Pakistan’s trade balance and strengthen its economy. Source Attribution This article is based on official statements and public communications from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: July 26, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.