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ISLAMABAD — Pakistan and Canada have agreed to expedite negotiations on the Foreign Investment Promotion and Protection Agreement (FIPA) and to enhance bilateral cooperation across several key sectors. This decision was reached during a meeting between Federal Minister for Commerce Jam Kamal Khan and the High Commissioner of Canada to Pakistan, Tarik Ali Khan, held on September 15 in Islamabad. What Happened The meeting focused on strengthening economic ties between the two countries by accelerating the FIPA negotiations. This agreement aims to provide a framework to promote and protect investments between Pakistan and Canada, thereby fostering a more secure and attractive environment for investors. During the discussions, both parties expressed their commitment to expanding cooperation in various sectors, including agriculture, mining, clean energy, aviation, and value-added industries. The Canadian High Commissioner emphasized the potential for growth in these areas, noting that increased collaboration could lead to significant economic benefits for both nations. “Canada is eager to enhance its economic partnership with Pakistan, and we see great potential in sectors such as clean energy and agriculture,” said High Commissioner Tarik Ali Khan. Minister Jam Kamal Khan echoed these sentiments, highlighting the importance of foreign investment in driving economic growth and development in Pakistan. The meeting concluded with both sides agreeing to continue working closely to finalize the FIPA and to explore further opportunities for trade and investment cooperation. Background The Foreign Investment Promotion and Protection Agreement (FIPA) is a bilateral agreement designed to protect and promote foreign investments through legally binding rights and obligations. Such agreements are crucial for providing investors with confidence and security, thereby encouraging increased foreign direct investment (FDI). Canada and Pakistan have a history of diplomatic and economic relations, with Canada being one of the first countries to recognize Pakistan after its independence in 1947. Over the years, both countries have engaged in various trade and investment initiatives, although the full potential of their economic relationship has yet to be realized. Why It Matters The acceleration of the FIPA negotiations and the expansion of trade cooperation between Pakistan and Canada hold significant implications for both countries. For Pakistan, securing a robust investment protection framework with Canada could lead to increased FDI, which is vital for economic growth and development. This is particularly important as Pakistan seeks to diversify its economy and reduce its reliance on traditional sectors. Enhanced cooperation in sectors such as clean energy and agriculture could also help Pakistan address some of its pressing challenges, such as energy shortages and food security. By tapping into Canadian expertise and investment, Pakistan can advance its goals of achieving sustainable development and economic resilience. For Canada, strengthening economic ties with Pakistan presents an opportunity to access a growing market with a strategic location at the crossroads of South Asia, Central Asia, and the Middle East. This could open new avenues for Canadian businesses and investors, particularly in emerging sectors where Pakistan is seeking to build capacity. On a broader scale, the successful negotiation and implementation of the FIPA could serve as a model for other countries looking to enhance their economic partnerships with Pakistan, thereby potentially attracting more international investment. Key Takeaways Pakistan and Canada are working to accelerate the Foreign Investment Promotion and Protection Agreement (FIPA) negotiations. The two countries aim to expand cooperation in agriculture, mining, clean energy, aviation, and value-added industries. Enhanced trade and investment ties could lead to increased foreign direct investment in Pakistan. Strengthened economic relations offer potential benefits for both nations, including access to new markets and expertise. The FIPA could serve as a model for other international economic partnerships with Pakistan. Source Attribution This article is based on official government statements 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: September 15, 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.

UNITED NATIONS — The United Nations High Commissioner for Human Rights, Volker Turk, has issued a stark warning regarding the potential dangers posed by artificial intelligence (AI), calling for more stringent regulations. In a statement on Monday, Turk emphasized that the current voluntary self-regulation by companies developing advanced AI technologies is insufficient to mitigate existing harms and prevent future risks. What Happened Volker Turk, addressing concerns over the rapid development of artificial intelligence, highlighted the urgent need for comprehensive regulatory frameworks. According to Turk, the current trajectory of AI development, characterized by a race towards increasingly powerful and autonomous systems, poses significant risks. “The current race towards ever more powerful AI is a step change towards greater risks,” Turk stated, underscoring the potential for these technologies to bypass human control mechanisms. Turk’s remarks come amid growing global discourse on the ethical and safety implications of AI. He pointed out that while companies involved in AI development have implemented some self-regulatory measures, these efforts fall short of addressing the broader societal and existential risks. “Voluntary self-regulation by companies developing frontier AI is nowhere near sufficient,” he asserted, calling for international cooperation in establishing robust regulatory standards. The High Commissioner’s comments reflect a broader concern within the international community regarding the unchecked advancement of AI technologies. There is a consensus among experts that without proper oversight, AI could lead to unintended consequences, including violations of human rights and exacerbation of existing inequalities. Background The debate over AI regulation has been intensifying over the past few years, as technological advancements outpace existing legal and ethical frameworks. Historically, AI development has been driven by private sector innovation, with governments and international bodies struggling to keep up with the rapid pace of change. Previous attempts to regulate AI have often been fragmented, with varying standards across different jurisdictions. In recent years, several countries have begun to implement national AI strategies, focusing on ethical guidelines and data protection. However, these efforts have been largely piecemeal and lack the global coordination necessary to address cross-border challenges posed by AI technologies. Why It Matters The call for tighter AI regulations is significant given the transformative impact AI is expected to have on numerous sectors, including healthcare, finance, and transportation. Without adequate safeguards, AI technologies could exacerbate existing societal issues, such as privacy violations, job displacement, and biased decision-making. Economically, the unchecked proliferation of AI could lead to market disruptions, with smaller companies and developing nations potentially being left behind in the technological race. Socially, there is a risk that AI could deepen existing inequalities, as access to advanced technologies may be limited to wealthier nations and corporations. Politically, the lack of a unified regulatory approach could lead to geopolitical tensions, as countries compete for dominance in AI capabilities. The international community’s failure to establish common standards could result in a fragmented regulatory landscape, complicating efforts to manage AI’s global impact effectively. Turk’s warning highlights the need for a coordinated international response to AI regulation, emphasizing the importance of protecting human rights and ensuring that technological advancements benefit all of humanity. Key Takeaways UN High Commissioner for Human Rights Volker Turk calls for stronger AI regulations. Current voluntary self-regulation by AI companies is deemed insufficient. AI poses significant risks, including potential human rights violations and societal inequalities. Global coordination is necessary to establish effective AI regulatory frameworks. The unchecked advancement of AI could lead to economic, social, and political challenges. Source Attribution This article is based on official statements and public communications from the United Nations and relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 14, 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 Human Rights Senator Azam Nazeer Tarar and German Commissioner for Freedom of Religion Thomas Rachel met on Monday to discuss pressing issues concerning human rights, religious freedom, minority rights, freedom of expression, and the rule of law. The meeting, held in Islamabad, aimed to enhance bilateral cooperation in these critical areas. What Happened The dialogue between Pakistan and Germany focused on a range of human rights issues, including the protection of minority rights and the promotion of religious freedom. Both parties expressed a commitment to strengthening their collaboration to address these challenges. The German Ambassador to Pakistan, Ina Lepel, was also present during the discussions, underscoring the importance of these issues in the bilateral relationship. Senator Azam Nazeer Tarar highlighted Pakistan’s ongoing efforts to improve human rights conditions in the country. He noted that the government is actively working on legislative measures to protect minority communities and ensure freedom of expression. “Pakistan is committed to upholding the principles of human rights and the rule of law,” Tarar stated, emphasizing the government’s dedication to these values. Thomas Rachel, representing Germany, reiterated his country’s support for Pakistan’s initiatives in promoting religious freedom and human rights. He expressed optimism about future cooperation, stating, “Germany stands ready to assist Pakistan in its efforts to enhance human rights protections and promote religious tolerance.” The meeting concluded with both sides agreeing to continue their dialogue and explore further avenues for collaboration. Background Pakistan and Germany have a history of diplomatic engagement on human rights issues. Over the years, both countries have participated in various international forums to address global human rights challenges. Pakistan, as a member of the United Nations Human Rights Council, has been under scrutiny for its human rights record, particularly concerning minority rights and freedom of expression. In recent years, Pakistan has faced criticism from international human rights organizations for incidents of religious intolerance and restrictions on freedom of speech. The government has responded by implementing legal reforms and launching initiatives aimed at improving the situation for minority communities. Germany, known for its strong stance on human rights, has been a vocal advocate for religious freedom and minority rights on the international stage. Why It Matters The dialogue between Pakistan and Germany is significant as it highlights the ongoing efforts to address human rights issues in Pakistan. The country’s commitment to improving its human rights record is crucial for its international standing and relations with Western nations. Strengthening human rights protections can lead to increased foreign investment and improved diplomatic relations, both of which are vital for Pakistan’s economic growth and stability. Religious freedom and minority rights are particularly sensitive issues in Pakistan, where religious minorities often face discrimination and violence. By engaging with Germany, Pakistan can benefit from international expertise and support in addressing these challenges. The collaboration can also serve as a model for other countries in the region facing similar issues. Furthermore, this dialogue underscores the importance of international cooperation in promoting human rights and religious freedom. As global challenges continue to evolve, partnerships between countries like Pakistan and Germany can play a crucial role in fostering a more inclusive and tolerant world. Key Takeaways Pakistan and Germany held discussions on human rights, religious freedom, and rule of law. Both countries agreed to strengthen cooperation in these areas. Pakistan is working on legislative measures to protect minority rights. Germany expressed support for Pakistan’s human rights initiatives. The dialogue highlights the importance of international collaboration on human rights issues. 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: September 14, 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 — Prime Minister Shehbaz Sharif reiterated Pakistan’s steadfast commitment to democratic principles, including equality, justice, and freedom, as the nation marked the International Day of Democracy on September 15. In his official statement, the Prime Minister emphasized the significance of these values in ensuring parliamentary supremacy and governance. What Happened On the occasion of the International Day of Democracy, Prime Minister Shehbaz Sharif addressed the nation, underscoring Pakistan’s dedication to democratic ideals. He highlighted the importance of democracy as a cornerstone for achieving equality and justice in society. “Democracy is not just a form of government; it is a way of life that ensures freedom and justice for all,” stated Prime Minister Sharif in his message. He further elaborated that Pakistan’s democratic journey has been marked by challenges and triumphs, but the country’s resolve to uphold democratic norms remains unwavering. The Prime Minister also took the opportunity to call upon all political parties and stakeholders to work collectively towards strengthening democratic institutions in Pakistan. The International Day of Democracy, observed globally, serves as a reminder of the universal aspiration for freedom and the right of people to choose their own government. Prime Minister Sharif’s message resonated with this theme, as he urged citizens to actively participate in the democratic process and contribute to the nation’s progress. Background The International Day of Democracy was established by the United Nations in 2007 to promote and uphold the principles of democracy worldwide. It provides an opportunity for nations to reflect on the state of democracy in their countries and to promote democratic governance as a means to achieve sustainable development. Pakistan has a complex political history, with periods of military rule and civilian governance. The country has made significant strides in strengthening its democratic institutions since the restoration of civilian rule in 2008. The current government, led by Prime Minister Shehbaz Sharif, has emphasized the need for political stability and the rule of law as essential components of a functioning democracy. Why It Matters The reaffirmation of democratic values by Prime Minister Shehbaz Sharif holds significant implications for Pakistan’s political landscape. In a country where democracy has often been challenged, the Prime Minister’s commitment serves as a reassurance to both national and international observers of Pakistan’s dedication to democratic governance. Economically, a stable and democratic Pakistan is crucial for attracting foreign investment and fostering economic growth. Investors often seek stable political environments before committing resources, and the government’s emphasis on democratic values could enhance Pakistan’s appeal as an investment destination. Socially, the promotion of democratic norms supports the protection of human rights and the empowerment of citizens. By advocating for equality and justice, the government aims to address social disparities and ensure that all citizens have a voice in the political process. On the international front, Pakistan’s adherence to democratic principles aligns with global efforts to promote democracy and human rights. As a member of the international community, Pakistan’s commitment to these values enhances its diplomatic standing and fosters stronger bilateral and multilateral relations. Key Takeaways Prime Minister Shehbaz Sharif reaffirmed Pakistan’s commitment to democratic values on the International Day of Democracy. The Prime Minister emphasized the importance of equality, justice, and freedom in strengthening parliamentary supremacy. Pakistan’s democratic journey has faced challenges, but the government remains dedicated to upholding democratic norms. Economic stability and social empowerment are linked to the promotion of democratic governance. Pakistan’s commitment to democracy aligns with global efforts to uphold human rights and democratic principles. Source Attribution This article is based on official government statements 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: September 14, 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.

KARACHI — The Financial Markets Association of Pakistan’s Exchange Rates Committee released the latest foreign exchange rates bulletin on Monday, September 14, 2026. The bulletin provides conversion rates for various foreign currencies, crucial for forward cover and deposits, excluding FE-25 deposits. What Happened The Exchange Rates Committee of the Financial Markets Association of Pakistan has issued the official exchange rates for September 14, 2026. According to the bulletin, the State Bank of Pakistan (SBP) settlement value date is set for the same day. The conversion rates are as follows: the US dollar (USD) stands at 277.2955, the British pound (GBP) at 374.4876, the euro (EUR) at 321.6628, and the Japanese yen (JPY) at 1.7998. The issuance of these rates is a routine procedure, yet it holds significant importance for traders, investors, and businesses involved in foreign transactions. These rates serve as a benchmark for financial institutions and businesses to conduct currency exchange operations, manage foreign exchange risk, and make informed decisions regarding international trade and investment. The bulletin’s release comes amid a fluctuating global economic environment, where exchange rates play a critical role in determining the competitiveness of a country’s exports and imports. The rates are determined based on a multitude of factors, including global market trends, economic indicators, and geopolitical developments. Background Exchange rates are a vital component of international finance and trade, influencing the cost of goods and services across borders. The Financial Markets Association of Pakistan, through its Exchange Rates Committee, regularly publishes these rates to ensure transparency and provide guidance to market participants. The State Bank of Pakistan also plays a role by setting the settlement value date, which is crucial for the timing of transactions. Historically, Pakistan’s currency has experienced volatility due to various internal and external factors, including political instability, economic policies, and global market conditions. The exchange rate system in Pakistan has evolved over the years, moving from a fixed exchange rate regime to a more flexible one, allowing market forces to play a greater role in determining the value of the Pakistani rupee against other currencies. Why It Matters The release of the exchange rates bulletin is significant for several reasons. Economically, it impacts the cost of imports and exports, influencing the trade balance and overall economic health of the country. A higher exchange rate for the US dollar, for instance, can make imports more expensive, affecting inflation and consumer prices. Conversely, it can make exports cheaper and more competitive internationally, potentially boosting the country’s export revenues. For businesses and investors, these rates are crucial for financial planning and risk management. Companies engaged in international trade must hedge against currency fluctuations to protect their profit margins. Investors in foreign assets also rely on these rates to assess the potential returns on their investments. On a broader scale, exchange rates can influence monetary policy decisions. The State Bank of Pakistan may adjust interest rates or intervene in the foreign exchange market to stabilize the currency and control inflation. Such actions can have wide-ranging effects on economic growth, employment, and the overall financial stability of the country. Key Takeaways The Financial Markets Association of Pakistan released the official exchange rates for September 14, 2026. The US dollar is valued at 277.2955, the British pound at 374.4876, the euro at 321.6628, and the Japanese yen at 1.7998. Exchange rates are crucial for international trade, investment decisions, and economic policy-making. Fluctuations in exchange rates can impact inflation, consumer prices, and export competitiveness. Businesses and investors use these rates for financial planning and risk management. 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: September 14, 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.

LAHORE — Gold prices have witnessed a significant decline in both Pakistani and international markets as of September 14, following a temporary stabilization. According to the All Pakistan Sarafa Association, the price of 24-karat gold in Pakistan fell by Rs3,800 per tola, bringing the new price to Rs453,336. Concurrently, the price of 10 grams of gold also saw a reduction, reflecting broader trends in the global market. What Happened The All Pakistan Sarafa Association reported a substantial drop in gold prices, marking a continuation of the recent volatility in the precious metals market. The price of 24-karat gold, a standard measure for purity, decreased by Rs3,800 per tola. This adjustment comes after a brief period of stability, indicating ongoing fluctuations influenced by international market dynamics. Globally, gold prices have been under pressure due to a variety of economic factors. Analysts attribute the decline to strengthening of the US dollar and expectations of interest rate hikes by major central banks. These factors typically make gold a less attractive investment as the opportunity cost of holding non-yielding bullion increases. In Pakistan, the local currency’s performance against the dollar also plays a crucial role in determining gold prices. The recent depreciation of the Pakistani rupee has compounded the impact of global trends, leading to more pronounced price shifts domestically. Background Gold has traditionally been considered a safe-haven asset, particularly during times of economic uncertainty. In Pakistan, gold is not only a popular investment but also holds cultural significance, often used in weddings and other significant life events. The gold market in Pakistan is heavily influenced by international prices, given that the country imports a significant portion of its gold. The All Pakistan Sarafa Association, a key body in the gold trade, regularly monitors and announces price adjustments based on global market movements and domestic economic conditions. Historically, gold prices have been volatile, influenced by geopolitical tensions, economic policies, and changes in supply and demand dynamics. In recent years, factors such as the COVID-19 pandemic and subsequent economic recovery efforts have further contributed to price fluctuations. Why It Matters The decline in gold prices carries significant implications for various stakeholders in Pakistan. For consumers, particularly those planning weddings or other events requiring gold purchases, the reduced prices may offer some relief. However, for investors who have traditionally relied on gold as a hedge against inflation and currency depreciation, the current volatility presents challenges. Economically, the fluctuation in gold prices can affect the country’s trade balance. As gold imports constitute a substantial portion of Pakistan’s import bill, changes in prices can impact foreign exchange reserves and the overall economic outlook. Politically, the government’s ability to manage economic stability is often scrutinized in light of such market changes. The interplay between gold prices, currency stability, and inflation rates is complex and requires careful policy management to mitigate adverse impacts on the economy. Internationally, Pakistan’s gold market is a reflection of broader economic trends. The country’s response to these changes, including potential adjustments in monetary policy or import regulations, can influence its economic relationships and standing in the global market. Key Takeaways The price of 24-karat gold in Pakistan decreased by Rs3,800 per tola, now at Rs453,336. Global market trends, including a strong US dollar and interest rate expectations, are influencing gold prices. Domestic factors, such as the rupee’s depreciation, exacerbate price volatility in Pakistan. The decline in gold prices impacts consumers, investors, and the broader economic landscape. Pakistan’s gold market trends are indicative of larger international economic dynamics. Source Attribution This article is based on official statements from the All Pakistan Sarafa Association 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: September 14, 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.

URUMQI — Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Monday emphasized the need for enhanced cooperation among Shanghai Cooperation Organisation (SCO) member states in the realms of digital economy and artificial intelligence (AI). Speaking at the Ministerial-Level Closed-Door Meeting on SCO, Iqbal highlighted the potential of these sectors to drive economic growth, generate quality employment, and bridge development disparities across the region. What Happened During the meeting held in Urumqi, China, Ahsan Iqbal called upon SCO member countries to strengthen their collaborative efforts in the digital economy and AI sectors. He noted that these areas hold significant promise for accelerating economic development and addressing socio-economic challenges in the region. “By embracing digital transformation and AI, we can create new opportunities for our people and ensure sustainable economic progress,” Iqbal stated. The minister underscored the importance of leveraging technology to create quality employment opportunities and reduce development gaps among SCO nations. He pointed out that digital technologies and AI could play a crucial role in modernizing industries, improving public services, and enhancing overall quality of life. Iqbal also stressed the need for member states to invest in digital infrastructure and human capital development to fully realize the potential of these technologies. Iqbal’s remarks come at a time when the SCO is increasingly focusing on fostering economic cooperation and integration among its member states. The organization, which includes countries like China, Russia, and India, has been exploring ways to enhance collaboration in various sectors, including technology, trade, and investment. Background The Shanghai Cooperation Organisation, established in 2001, is a Eurasian political, economic, and security alliance that aims to promote regional stability and cooperation. Over the years, the SCO has expanded its focus to include economic and technological collaboration among its member states. The organization’s interest in the digital economy and AI aligns with global trends, as countries worldwide seek to harness these technologies for economic growth and development. Pakistan, a member of the SCO since 2017, has been actively participating in the organization’s initiatives to promote regional cooperation. The country’s government has prioritized digital transformation as a key component of its economic development strategy, recognizing the potential of digital technologies to drive innovation and improve public services. Why It Matters The call for stronger cooperation in the digital economy and AI among SCO member states carries significant implications for the region’s economic and technological landscape. By fostering collaboration in these areas, member countries can collectively address common challenges, such as unemployment and economic inequality, while also enhancing their global competitiveness. For Pakistan, enhanced cooperation within the SCO framework could lead to increased investment in its digital infrastructure and human capital, thereby accelerating its digital transformation efforts. This could result in the creation of new jobs, improved public services, and greater economic resilience in the face of global challenges. On a broader scale, the emphasis on digital economy and AI cooperation among SCO countries reflects a growing recognition of the transformative potential of these technologies. As countries invest in digital infrastructure and skills development, they position themselves to capitalize on emerging opportunities in the global digital economy, potentially leading to increased trade and investment flows within the region. Key Takeaways Ahsan Iqbal called for stronger SCO cooperation in digital economy and AI to drive growth. He highlighted the potential of these sectors to create quality employment and reduce development gaps. The SCO is focusing on economic cooperation, aligning with global digital transformation trends. Pakistan’s involvement in the SCO could enhance its digital infrastructure and economic resilience. Regional cooperation in digital technologies may boost global competitiveness of SCO countries. Source Attribution This article is based on official government statements 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: September 14, 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 — Chairman of the Pakistan Ulema Council, Hafiz Muhammad Tahir Mehmood Ashrafi, met with former Archbishop of Canterbury, Justin Welby, to discuss strategies for promoting global peace and interfaith harmony. The meeting took place at Welby’s residence in Islamabad on September 13, with a focus on addressing the current global situation and fostering interfaith dialogue. What Happened During the meeting, Ashrafi and Welby engaged in an in-depth discussion on the role of religious leaders in promoting peace and understanding across different faiths. They deliberated on the importance of interfaith dialogue as a tool to bridge gaps between communities and to counteract the rising tide of extremism and intolerance worldwide. Both leaders emphasized the need for strengthening contacts among religious communities to foster a culture of peace. Ashrafi highlighted the efforts of the Pakistan Ulema Council in promoting religious tolerance and peace within Pakistan and beyond. He stated, “The role of religious leaders is crucial in guiding their followers towards peaceful coexistence and mutual respect.” Welby, who served as the Archbishop of Canterbury until 2021, shared his experiences in interfaith initiatives and stressed the importance of collaborative efforts to achieve lasting peace. The dialogue also touched upon the prevailing global challenges, including conflicts in various regions, the refugee crisis, and the impact of climate change on vulnerable communities. Both leaders agreed that religious communities have a unique position to influence positive change and address these issues through collective action. Background Hafiz Muhammad Tahir Mehmood Ashrafi is a prominent religious leader in Pakistan, known for his efforts in promoting peace and interfaith harmony. As the Coordinator of the National Paigham-e-Aman Committee, he has been instrumental in organizing dialogues and conferences aimed at reducing sectarian tensions and promoting unity among different religious groups in Pakistan. Justin Welby, who served as the Archbishop of Canterbury from 2013 to 2021, has been an advocate for peace and reconciliation. He has been involved in numerous interfaith initiatives and has worked towards building bridges between different religious communities globally. His tenure was marked by efforts to address social justice issues and promote understanding across faiths. Why It Matters The meeting between Ashrafi and Welby is significant in the context of ongoing global efforts to address religious intolerance and promote peace. Religious leaders play a crucial role in shaping the beliefs and attitudes of their followers, making their involvement in peace initiatives vital. By engaging in dialogue and collaboration, leaders like Ashrafi and Welby can influence positive change and encourage their communities to embrace diversity and coexist peacefully. In Pakistan, where religious tensions have historically been a source of conflict, efforts to promote interfaith harmony are particularly important. The Pakistan Ulema Council’s initiatives, supported by international figures like Welby, can contribute to reducing sectarian violence and fostering a more inclusive society. Globally, the challenges of extremism, climate change, and humanitarian crises require a collective response. Religious communities, with their extensive networks and influence, are well-positioned to lead efforts in addressing these issues. The collaboration between leaders from different faiths can set an example for others to follow, demonstrating that peace and understanding are achievable through dialogue and cooperation. Key Takeaways Hafiz Muhammad Tahir Mehmood Ashrafi and former Archbishop Justin Welby discussed global peace and interfaith harmony. The meeting emphasized the role of religious leaders in promoting peace and understanding. Discussions included global challenges such as extremism, the refugee crisis, and climate change. Ashrafi highlighted the Pakistan Ulema Council’s efforts in promoting religious tolerance. Collaboration between religious leaders is crucial for addressing global issues and fostering peace. Source Attribution This article is based on official statements 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: September 13, 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.

LAHORE — Shoaib Ayub Bataalvi, Chairman of the Young Exporters Association, has been honored with a special award for his exceptional contributions to promoting Pakistan’s exports. The accolade was presented in recognition of his efforts to introduce young individuals to global trade opportunities and support new exporters in overcoming challenges. What Happened The award ceremony, held in Lahore, celebrated Shoaib Ayub Bataalvi’s significant role in enhancing Pakistan’s export landscape. As Chairman of the Young Exporters Association, Bataalvi has been instrumental in encouraging young entrepreneurs to engage in international trade, thereby contributing to the country’s economic growth. His initiatives have focused on providing guidance and resources to budding exporters, helping them navigate the complexities of global markets. In his acceptance speech, Bataalvi expressed gratitude for the recognition and reiterated his commitment to fostering a supportive environment for young exporters. He highlighted the importance of equipping the younger generation with the necessary skills and knowledge to compete on an international level. “Our youth are the future of Pakistan’s trade industry, and it is imperative that we empower them with the tools they need to succeed,” he stated. The Young Exporters Association, under Bataalvi’s leadership, has been actively involved in organizing workshops, seminars, and networking events aimed at building the capacity of young exporters. These efforts have not only increased awareness about export opportunities but also facilitated the resolution of issues faced by the business community in Pakistan. Background Pakistan’s export sector has long been a critical component of its economy, with the government and various organizations striving to enhance trade volumes. The Young Exporters Association was established to address the specific needs of young entrepreneurs entering the export market, providing them with a platform to learn and grow. The association’s initiatives align with national efforts to diversify export products and markets. Historically, Pakistan’s export sector has faced numerous challenges, including limited access to international markets, lack of infrastructure, and insufficient support for small and medium-sized enterprises (SMEs). The Young Exporters Association has sought to mitigate these issues by advocating for policy reforms and providing practical support to its members. Why It Matters The recognition of Shoaib Ayub Bataalvi’s contributions underscores the vital role that young entrepreneurs play in Pakistan’s economic development. By fostering a new generation of exporters, the Young Exporters Association is helping to ensure the sustainability and growth of the country’s trade sector. This is particularly important as Pakistan seeks to increase its global market share and reduce its trade deficit. Economically, empowering young exporters can lead to job creation and increased foreign exchange earnings, which are crucial for Pakistan’s financial stability. Socially, it promotes entrepreneurship among the youth, encouraging innovation and competitiveness. Politically, a robust export sector can enhance Pakistan’s international standing and strengthen its trade relationships with other countries. Furthermore, the initiatives led by Bataalvi and the Young Exporters Association contribute to addressing the broader challenges faced by the export sector, such as improving product quality, meeting international standards, and accessing new markets. These efforts are essential for positioning Pakistan as a competitive player in the global trade arena. Key Takeaways Shoaib Ayub Bataalvi, Chairman of the Young Exporters Association, received an award for promoting exports. The association focuses on empowering young entrepreneurs and resolving business community issues. Efforts align with national goals to diversify export products and enhance trade volumes. Empowering young exporters is crucial for economic growth, job creation, and foreign exchange earnings. The association’s initiatives contribute to improving Pakistan’s global trade competitiveness. 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: September 13, 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 Developing-8 Organization for Economic Cooperation (D-8) has reiterated its dedication to bolstering South-South cooperation. This commitment was emphasized on the International Day for South-South Cooperation, aiming to foster solidarity, knowledge exchange, and collaborative efforts to address challenges faced by the Global South. What Happened The D-8, an organization comprising Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey, reaffirmed its commitment through a message from the D-8 Secretary General on September 12. The statement highlighted the importance of South-South cooperation as a means to leverage collective strengths and develop practical solutions for the socio-economic challenges faced by member countries. The D-8 Secretary General emphasized the role of knowledge sharing and experience exchange in achieving sustainable development goals. “The D-8 remains steadfast in its mission to enhance cooperation among member states to achieve economic growth and development,” the Secretary General stated. The organization aims to facilitate joint projects and initiatives that can lead to tangible benefits for the Global South. The message underscored the importance of solidarity among developing nations, particularly in the face of global challenges such as climate change, economic instability, and health crises. By pooling resources and expertise, the D-8 aims to create a platform for innovative solutions that can be implemented across member states. Background Established in 1997, the D-8 is a multilateral organization that seeks to improve the position of developing countries in the global economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at the international level, and provide better standards of living. The organization has been instrumental in promoting economic cooperation among its members, focusing on areas such as trade, agriculture, industry, energy, and tourism. South-South cooperation refers to the exchange of resources, technology, and knowledge between developing countries, also known as countries of the Global South. This concept gained prominence following the Buenos Aires Plan of Action in 1978, which set the framework for technical cooperation among developing countries. Why It Matters The reaffirmation of commitment by the D-8 is significant in the current global context where developing countries face numerous challenges exacerbated by the COVID-19 pandemic, climate change, and geopolitical tensions. South-South cooperation offers an alternative framework for development that is based on mutual benefit and solidarity rather than dependency on traditional North-South aid dynamics. Economically, enhanced cooperation among D-8 countries can lead to increased trade and investment opportunities, fostering economic growth and job creation. By focusing on sectors such as agriculture and energy, member states can work towards food security and sustainable energy solutions, which are critical for long-term development. Socially, the exchange of knowledge and best practices can improve healthcare systems, education, and infrastructure in member countries. This cooperation can lead to improved living standards and reduced poverty levels, contributing to the achievement of the United Nations Sustainable Development Goals (SDGs). Politically, the D-8’s commitment to South-South cooperation can strengthen the collective voice of developing countries in international forums, allowing them to advocate more effectively for policies that address their specific needs and challenges. Key Takeaways The D-8 organization has reaffirmed its commitment to strengthening South-South cooperation among its member countries. South-South cooperation is crucial for developing practical solutions to the socio-economic challenges faced by the Global South. The D-8 aims to enhance economic growth, trade, and development through collaborative projects and knowledge exchange. This initiative is expected to contribute to achieving the United Nations Sustainable Development Goals (SDGs). Strengthened cooperation can enhance the collective voice of developing countries in international decision-making processes. Source Attribution This article is based on official statements and public communications from the Developing-8 Organization for Economic Cooperation. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 13, 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.