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ISLAMABAD — Chinese leader Mao Zedong was commemorated on Thursday for his pivotal role in the establishment of modern China and the strengthening of Pakistan-China diplomatic relations. The ceremony, held on the occasion of Mao’s 50th death anniversary, featured various speakers who lauded his political legacy, including Pakistan-China Institute Chairman Senator Mushahid Hussain Sayed. What Happened The event, organized to honor Mao Zedong’s contributions, highlighted his influence on the geopolitical landscape of Asia and the enduring friendship between Pakistan and China. Senator Mushahid Hussain Sayed emphasized that China continues to be the “pivot” of Pakistan’s foreign policy, a strategy that was significantly shaped during Mao’s leadership. The ceremony underscored the historical ties between the two nations, which have grown stronger over the decades through mutual cooperation and strategic partnerships. Speakers at the event reflected on Mao’s vision for China and his efforts to foster strong international alliances, particularly with Pakistan. They noted that Mao’s leadership not only transformed China into a global power but also laid the groundwork for a robust bilateral relationship with Pakistan, characterized by economic collaboration and political solidarity. The commemoration also included discussions on the current state of Pak-China relations, with emphasis on the China-Pakistan Economic Corridor (CPEC), a flagship project of China’s Belt and Road Initiative. This project is seen as a testament to the enduring partnership initiated during Mao’s era, bringing significant economic benefits to both countries. Background Mao Zedong, a central figure in the Chinese Communist Party, led China from 1949 until his death in 1976. His policies and political strategies were instrumental in establishing the People’s Republic of China and shaping its international relations. The foundation of Pak-China friendship was laid during his leadership, marked by a series of diplomatic exchanges and agreements that have since evolved into a comprehensive strategic partnership. The relationship between Pakistan and China has been characterized by mutual trust and cooperation, with both countries supporting each other on various international platforms. Over the years, this alliance has expanded to include economic, military, and cultural exchanges, further solidifying their bond. Why It Matters The commemoration of Mao Zedong’s death anniversary is significant as it highlights the historical roots of the Pak-China relationship, which continues to play a crucial role in the region’s stability and development. The strategic partnership between the two nations is not only vital for their economic growth but also for maintaining regional security and addressing common challenges. Economically, the relationship has facilitated numerous joint ventures and investments, particularly through CPEC, which aims to enhance connectivity and trade between Asia, Africa, and Europe. This project is expected to boost Pakistan’s economy by creating jobs, improving infrastructure, and increasing energy capacity. Politically, the alliance provides both countries with a reliable partner in international diplomacy, allowing them to support each other in regional and global forums. This cooperation is crucial in navigating the complex geopolitical dynamics of South Asia and beyond. Socially, the cultural exchanges and people-to-people contacts fostered by this relationship have enhanced mutual understanding and respect, contributing to a more harmonious regional environment. Key Takeaways Mao Zedong is celebrated for his role in strengthening Pak-China diplomatic and strategic relations. The 50th death anniversary event highlighted the historical and ongoing significance of this bilateral partnership. CPEC is a cornerstone of the Pak-China relationship, reflecting the economic benefits of their alliance. The partnership is crucial for regional stability, economic growth, and addressing shared challenges. Cultural exchanges between the two nations have fostered mutual understanding and respect. 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 10, 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 Finance and Revenue, Senator Muhammad Aurangzeb, convened a meeting on Thursday with Ms. Lucia Real-Martin, Global Executive Director of the Association of Chartered Certified Accountants (ACCA), to explore avenues for strategic collaboration in human resource development, expansion of IT services, and the growth of small-and-medium enterprises (SMEs) in Pakistan. What Happened The meeting, held in Islamabad, focused on enhancing Pakistan’s economic landscape through targeted initiatives in IT and SME sectors. Senator Aurangzeb emphasized the government’s commitment to leveraging technology as a catalyst for economic growth. “The expansion of IT services is crucial for our economic development and job creation,” he stated, highlighting the importance of fostering a skilled workforce to meet the demands of a rapidly evolving digital economy. Ms. Real-Martin expressed ACCA’s interest in supporting Pakistan’s efforts to develop a robust framework for IT services and SME financing. She noted, “ACCA is keen to collaborate with Pakistan to enhance the capabilities of its human resources, particularly in the financial and IT sectors.” The discussions also covered potential training programs and certifications that could be introduced to uplift the skills of professionals in these fields. The meeting was attended by senior officials from the Ministry of Finance and representatives from ACCA, who discussed the potential for joint initiatives that could lead to substantial economic benefits. The dialogue underscored the need for a comprehensive strategy to integrate IT advancements with SME growth, thereby fostering an environment conducive to innovation and entrepreneurship. Background Pakistan’s IT sector has been identified as a key area for economic development, with the government implementing policies to attract foreign investment and support local startups. The country’s SME sector, which constitutes a significant portion of the economy, faces challenges such as limited access to financing and inadequate infrastructure. The government’s collaboration with international bodies like ACCA aims to address these challenges by providing expertise and resources. Historically, Pakistan has struggled with low levels of digital literacy and limited access to technology, which have hindered the growth of its IT sector. However, recent initiatives have shown promise, with increased investment in IT infrastructure and education. The collaboration with ACCA is part of a broader effort to integrate global best practices into Pakistan’s economic strategies. Why It Matters The meeting between the Finance Minister and ACCA’s Global Director is significant for several reasons. Economically, the expansion of IT services and the growth of SMEs are critical for job creation and GDP growth. By enhancing the skills of the workforce and improving access to financing, Pakistan can position itself as a competitive player in the global market. Socially, these initiatives can lead to improved living standards by creating more employment opportunities and fostering innovation. The focus on human resource development ensures that the workforce is equipped to handle the challenges of a digital economy, thereby reducing unemployment and underemployment. Politically, successful collaboration with international organizations like ACCA can enhance Pakistan’s reputation as a viable destination for investment and partnership. It demonstrates the government’s proactive approach to addressing economic challenges and its willingness to engage with global experts to drive growth. Key Takeaways The Finance Minister and ACCA’s Global Director discussed strategic collaboration in IT and SME sectors. The meeting focused on human resource development, IT services expansion, and SME growth. ACCA expressed interest in supporting Pakistan’s efforts to enhance its economic framework. The collaboration aims to address challenges in digital literacy and access to financing. Successful initiatives can improve Pakistan’s economic, social, and political landscape. 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 10, 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.

LAHORE — In the bustling provincial capital of Lahore, traditional pottery continues to thrive as artisans craft clay cooking pots and other earthenware, maintaining a rich cultural heritage. On September 10, a local potter was seen arranging freshly made clay pots in rows for drying at his workplace, a testament to the enduring appeal of this age-old craft. What Happened In Lahore, a potter dedicated to his craft spends his days meticulously shaping clay into functional and decorative items. On September 10, he was observed at his workshop, arranging rows of freshly crafted clay cooking pots, allowing them to dry naturally. This process is crucial as it prepares the pots for the kiln, where they will be fired to achieve the durability and finish that make them suitable for everyday use. The potter’s workshop is a hive of activity, with the earthy smell of wet clay permeating the air. Each piece is crafted with care, reflecting the potter’s skill and attention to detail. The pots are not just utilitarian items; they are also a reflection of cultural artistry, with designs that have been passed down through generations. Pottery making in Lahore is more than just a livelihood; it is a cultural tradition that connects the present with the past. The potter’s dedication to his craft is evident in the precision of his work and the pride he takes in maintaining this traditional art form. Background Pottery has been an integral part of South Asian culture for centuries. In Pakistan, the art of pottery dates back to the Indus Valley Civilization, where it was used for both practical and ceremonial purposes. Over time, the craft has evolved, yet it remains deeply rooted in tradition. In Lahore, the craft of pottery has been sustained by generations of artisans who have passed down their knowledge and skills. The city has long been a hub for cultural and artistic activities, with pottery being a significant aspect of its heritage. Despite modern advancements and the availability of alternative materials, clay pottery continues to hold a special place in Pakistani households for its aesthetic appeal and traditional value. Why It Matters The continued practice of pottery in Lahore is significant for several reasons. Economically, it provides livelihoods for artisans and contributes to the local economy. Socially, it fosters a sense of community and cultural identity, as these crafts are often family-run businesses that involve multiple generations working together. On a broader scale, the preservation of traditional crafts like pottery is crucial for maintaining cultural diversity in an increasingly globalized world. It offers a tangible connection to the past, allowing people to engage with their heritage in a meaningful way. For Pakistan, a country with a rich and diverse cultural tapestry, supporting traditional crafts is essential for cultural preservation and education. Furthermore, traditional crafts attract tourism, as visitors seek authentic cultural experiences. This not only boosts the local economy but also raises awareness and appreciation for the artisans’ skills and the cultural significance of their work. Key Takeaways Traditional pottery making continues to thrive in Lahore, reflecting a rich cultural heritage. The craft provides economic benefits and sustains livelihoods for local artisans. Pottery is deeply rooted in South Asian culture, with historical significance dating back to the Indus Valley Civilization. Preserving traditional crafts is essential for maintaining cultural diversity and identity. Tourism related to traditional crafts can boost local economies and promote cultural appreciation. 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 10, 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 — Pakistan and the Bill & Melinda Gates Foundation have agreed to enhance their collaboration across several critical development sectors, including human capital, health, financial inclusion, and digital innovation. This decision emerged from discussions held on Thursday between Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, and a high-level delegation from the Gates Foundation led by Dr. Anita Zaidi, President of the Gender Equality Division. What Happened The meeting, which took place in Islamabad, focused on expanding the scope of existing partnerships and exploring new avenues for cooperation. Dr. Anita Zaidi, accompanied by other senior officials from the Gates Foundation, expressed the Foundation’s commitment to supporting Pakistan’s development goals. The discussions underscored the importance of leveraging technology and innovation to address pressing challenges in health and financial sectors. Senator Muhammad Aurangzeb highlighted the government’s dedication to improving public health and financial inclusion, emphasizing the role of international partnerships in achieving these objectives. He stated, “Pakistan is committed to fostering an environment where innovation can thrive, and we are grateful for the Gates Foundation’s continued support in our journey towards sustainable development.” Both parties agreed to focus on initiatives that could have a transformative impact on Pakistan’s socio-economic landscape. The Gates Foundation has been actively involved in various projects within the country, particularly in areas related to polio eradication, maternal and child health, and digital financial services. Background The Gates Foundation has been a longstanding partner of Pakistan, contributing significantly to the country’s health and development sectors. Over the years, the Foundation has played a pivotal role in supporting Pakistan’s efforts to eradicate polio, a disease that remains endemic in the region. Additionally, the Foundation has invested in initiatives aimed at improving maternal and child health outcomes, recognizing the critical need for enhanced healthcare services in these areas. In recent years, Pakistan has made strides in expanding financial inclusion through digital platforms, with the Gates Foundation supporting these efforts. The Foundation’s involvement in promoting digital financial services aligns with Pakistan’s broader strategy to increase access to financial resources for underserved populations, thereby fostering economic growth and reducing poverty. Why It Matters The deepening of cooperation between Pakistan and the Gates Foundation is significant for several reasons. Firstly, it underscores the importance of international collaboration in addressing complex development challenges. By pooling resources and expertise, both parties can accelerate progress in critical areas such as health and financial inclusion. Economically, enhanced cooperation can lead to improved health outcomes, which are closely linked to economic productivity. Healthier populations contribute more effectively to the workforce, thereby boosting economic growth. Moreover, increased financial inclusion can empower marginalized communities by providing them with access to essential financial services, enabling them to participate more fully in the economy. On a social level, the focus on gender equality and digital innovation aligns with Pakistan’s commitment to achieving the United Nations Sustainable Development Goals (SDGs). By addressing gender disparities and promoting digital solutions, the partnership can contribute to more equitable and inclusive development outcomes. Internationally, this collaboration positions Pakistan as a proactive partner in global development efforts, enhancing its reputation and fostering further international partnerships. The Gates Foundation’s involvement also brings global attention to Pakistan’s development initiatives, potentially attracting additional investment and support from other international actors. Key Takeaways Pakistan and the Gates Foundation have agreed to deepen cooperation in key development areas. The focus will be on human capital, health, financial inclusion, and digital innovation. The Gates Foundation has been a longstanding partner in Pakistan’s development efforts, particularly in health. Enhanced cooperation is expected to have significant economic and social impacts. This partnership aligns with Pakistan’s commitment to achieving the United Nations Sustainable Development Goals. 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 10, 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.

MOSCOW — Ambassador of Pakistan to the Russian Federation, Faisal Niaz Tirmizi, underscored the pivotal role of literature in fostering international unity during an event at the Margarita Rudomino All-Russia State Library for Foreign Literature in Moscow. The event, held on Thursday, marked the inauguration of the Oriental Literature Hall, a space dedicated to celebrating and promoting literary works from the East. What Happened Ambassador Tirmizi, addressing a gathering of literary enthusiasts, scholars, and diplomats, emphasized that literature serves as a bridge between diverse cultures and peoples. He stated, “Literature is one of the finest ways of bringing nations and peoples closer together.” The event, which took place on September 10, aimed to highlight the importance of cultural exchange through literary works. The Oriental Literature Hall at the library is designed to showcase and provide access to a vast collection of Eastern literary works, including those from Pakistan. This initiative is part of a broader effort to enhance cultural understanding and cooperation between Russia and Eastern nations. The library, renowned for its extensive collection of foreign literature, serves as a hub for cultural exchange and dialogue. During his address, Ambassador Tirmizi also highlighted the historical ties between Pakistan and Russia, noting that cultural and literary exchanges have long been a cornerstone of their bilateral relationship. He expressed hope that the new Oriental Literature Hall would further strengthen these ties and encourage more collaborative initiatives in the future. Background The Margarita Rudomino All-Russia State Library for Foreign Literature, located in Moscow, is one of the largest libraries in Russia dedicated to international literature. It has played a significant role in promoting cultural exchange between Russia and other countries. The library’s Oriental Literature Hall is a new addition aimed at enhancing the representation of Eastern literary works within its collection. Pakistan and Russia have a history of diplomatic and cultural relations, with both countries participating in various cultural exchange programs over the years. Literature has been a key component of these exchanges, with Pakistani authors and poets gaining recognition in Russian literary circles. Why It Matters The inauguration of the Oriental Literature Hall is a significant development in the realm of cultural diplomacy. By providing a dedicated space for Eastern literature, the library fosters a deeper understanding and appreciation of diverse cultures. This initiative aligns with global efforts to promote peace and cooperation through cultural exchange. For Pakistan, the event represents an opportunity to showcase its rich literary heritage on an international stage. It also reinforces the country’s commitment to fostering cultural ties with Russia and other nations. As Ambassador Tirmizi noted, literature has the power to transcend borders and bring people together, making it an essential tool for diplomacy and international relations. On a broader scale, initiatives like the Oriental Literature Hall contribute to the global dialogue on cultural diversity and mutual respect. They encourage individuals to explore and appreciate the literary traditions of other cultures, thereby promoting tolerance and understanding in an increasingly interconnected world. Key Takeaways Ambassador Faisal Niaz Tirmizi emphasized literature’s role in bridging cultural divides at a Moscow event. The Oriental Literature Hall at the Margarita Rudomino Library aims to promote Eastern literary works. The initiative strengthens cultural ties between Russia and Eastern nations, including Pakistan. Literature is highlighted as a tool for diplomacy and fostering international unity. The event underscores the importance of cultural exchange in global relations. Source Attribution This article is based on official statements and public communications from the Embassy of Pakistan in Russia and the Margarita Rudomino All-Russia State Library for Foreign Literature. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 10, 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 has released the latest foreign exchange rates, effective September 10, 2026. These rates are crucial for forward cover and deposit conversions, excluding FE-25 deposits, with the State Bank of Pakistan’s settlement value date set for September 14, 2026. What Happened The Exchange Rates Committee, a key body within the Financial Markets Association of Pakistan, issued a bulletin detailing the conversion rates for various foreign currencies. As of September 10, 2026, the exchange rate for the US dollar stands at 277.3293 PKR. This release is part of the committee’s regular updates, which provide essential information for financial institutions, businesses, and individuals engaged in foreign exchange transactions. The bulletin outlines the conversion rates for forward cover and deposits, offering a comprehensive guide for financial planning and currency management. The rates are set to be effective until the next update, with the State Bank of Pakistan’s settlement value date scheduled for September 14, 2026. This ensures that all transactions and settlements are conducted with the most current and accurate data available. The exchange rates are a critical tool for managing the country’s foreign exchange reserves and ensuring stability in the financial markets. They are used by banks and financial institutions to determine the cost of foreign currency transactions and to hedge against currency risk. Background Foreign exchange rates are a vital component of Pakistan’s economic framework, influencing trade, investment, and monetary policy. The Financial Markets Association of Pakistan plays a pivotal role in setting these rates, working closely with the State Bank of Pakistan to ensure they reflect current market conditions. Historically, Pakistan has faced challenges with currency stability, often influenced by external factors such as global oil prices, geopolitical tensions, and domestic economic policies. The exchange rate policy has evolved over the years, with the government and central bank adopting measures to maintain a balance between market forces and regulatory oversight. In recent years, Pakistan has implemented various reforms to strengthen its financial sector, including measures to enhance transparency and improve the accuracy of exchange rate determinations. These efforts aim to boost investor confidence and support economic growth. Why It Matters The release of updated foreign exchange rates is significant for several reasons. Economically, it impacts the cost of imports and exports, influencing the trade balance and overall economic health. A stable exchange rate can help control inflation, making goods and services more affordable for consumers. For businesses, accurate exchange rates are essential for financial planning and risk management. Companies engaged in international trade rely on these rates to price their products competitively and manage currency exposure. This is particularly important for sectors like textiles, agriculture, and manufacturing, which are significant contributors to Pakistan’s GDP. On a broader scale, exchange rate stability is crucial for attracting foreign investment. Investors seek predictable and stable economic environments, and transparent exchange rate policies are a key factor in their decision-making process. This can lead to increased capital inflows, supporting infrastructure development and job creation. Furthermore, for the average citizen, exchange rates affect the purchasing power of the Pakistani rupee. Changes in the exchange rate can influence the cost of imported goods, travel expenses, and foreign education, impacting household budgets and lifestyle choices. Key Takeaways The Financial Markets Association of Pakistan released new foreign exchange rates effective September 10, 2026. The US dollar is currently valued at 277.3293 PKR for forward cover and deposits. Exchange rates play a crucial role in economic stability, affecting trade, investment, and inflation. Stable exchange rates are essential for business planning and attracting foreign investment. Fluctuations in exchange rates directly impact the purchasing power of Pakistani citizens. 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 10, 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 — Pakistan’s export of goods and services to the United Kingdom increased by 8.42% in July 2026, reaching $220.257 million, according to the State Bank of Pakistan (SBP). This growth marks a positive start to the fiscal year 2026-27, compared to the same month in the previous year. What Happened The State Bank of Pakistan’s latest report highlights a notable increase in Pakistan’s exports to the UK, with figures rising to $220.257 million in July 2026. This represents an 8.42% increase compared to July 2025, when exports amounted to approximately $203.1 million. The growth is attributed to a surge in demand for Pakistani textiles, leather goods, and agricultural products in the UK market. Textiles continue to be the leading export sector, contributing significantly to the overall figures. The textile industry has been a cornerstone of Pakistan’s export economy, benefiting from competitive pricing and improved quality standards that meet international demands. Additionally, the leather goods sector has seen an uptick in exports, driven by enhanced production capabilities and strategic marketing efforts targeting UK consumers. Furthermore, agricultural exports, including rice and fruits, have also played a role in the increased trade volume. The UK market’s preference for high-quality basmati rice and mangoes from Pakistan has bolstered this sector’s performance. The SBP report indicates that these sectors’ combined efforts have contributed to the overall growth in exports to the UK. Background Historically, the UK has been one of Pakistan’s major trading partners, with bilateral trade relations spanning several decades. The two countries have maintained strong economic ties, facilitated by trade agreements and mutual interests in various sectors. In recent years, Pakistan has focused on diversifying its export portfolio to the UK, aiming to reduce dependency on a few key commodities. The economic policies implemented by the Pakistani government have also played a crucial role in enhancing export performance. Initiatives such as export incentives, improved trade infrastructure, and bilateral trade agreements have been instrumental in boosting trade volumes. The government’s focus on strengthening trade relations with the UK aligns with its broader strategy to increase exports and improve the country’s trade balance. Why It Matters The increase in exports to the UK is significant for Pakistan’s economy, as it contributes to the country’s foreign exchange reserves and supports economic stability. The growth in export revenue helps mitigate the trade deficit and strengthens Pakistan’s economic position on the global stage. For the textile and leather industries, the rise in exports to the UK provides an opportunity for expansion and job creation. These sectors are labor-intensive, and increased demand can lead to more employment opportunities, contributing to economic growth and development in Pakistan. Moreover, the positive trade relations with the UK can serve as a model for Pakistan’s trade strategy with other countries. By leveraging its strengths in key export sectors, Pakistan can enhance its international trade footprint and explore new markets for its products. On a broader scale, the increase in exports reflects the resilience of Pakistan’s economy amid global challenges. It underscores the potential for growth in international markets and the importance of strategic trade partnerships in achieving sustainable economic development. Key Takeaways Pakistan’s exports to the UK rose by 8.42% in July 2026, reaching $220.257 million. Textiles, leather goods, and agricultural products were key contributors to the export growth. The increase supports Pakistan’s foreign exchange reserves and economic stability. Positive trade relations with the UK highlight opportunities for expansion and job creation. Pakistan’s trade strategy aims to diversify export markets and reduce dependency on key commodities. 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 10, 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 — Pakistan and the Asian Development Bank (ADB) have reaffirmed their commitment to expedite the finalization of the Main Line-1 (ML-1) railway project design. This was discussed in a meeting held on September 9, 2023, between Federal Minister for Economic Affairs Senator Ahad Cheema and an ADB delegation in Islamabad. What Happened The meeting, which took place in Islamabad, focused on reviewing the progress of the ML-1 railway project, a critical infrastructure initiative aimed at upgrading Pakistan’s railway system. Federal Minister Ahad Cheema emphasized the importance of completing the project design promptly to ensure the timely commencement of subsequent phases. The ADB delegation informed the meeting that their technical team is actively engaged in the design phase and is committed to meeting the project deadlines. The ML-1 project is a major component of the China-Pakistan Economic Corridor (CPEC) and is expected to significantly enhance Pakistan’s rail transport capacity. The project involves the upgradation of the existing railway track from Karachi to Peshawar, covering a distance of approximately 1,872 kilometers. Once completed, it will improve the speed, efficiency, and safety of rail travel across the country. During the meeting, both parties discussed the technical and financial aspects of the project, with the ADB assuring continued support and collaboration. The ADB’s involvement is crucial, as it provides not only financial assistance but also technical expertise to ensure the project’s success. Background The ML-1 railway project is part of a broader initiative under the CPEC framework, which aims to enhance infrastructure connectivity between Pakistan and China. The project has been in the planning stages for several years, with multiple phases of development envisioned. It is considered one of the largest infrastructure projects in Pakistan’s history, with an estimated cost of around $6.8 billion. The project was initially conceived to address the deteriorating condition of Pakistan’s railway infrastructure, which has suffered from decades of underinvestment. The existing railway lines are plagued by outdated technology and insufficient capacity, resulting in frequent delays and safety concerns. The ML-1 project aims to address these issues by modernizing the railway system, thereby facilitating economic growth and regional connectivity. Why It Matters The successful implementation of the ML-1 project holds significant economic and social implications for Pakistan. By modernizing the railway infrastructure, the project is expected to boost trade and commerce, reduce transportation costs, and create employment opportunities. Improved rail connectivity will facilitate the movement of goods and people across the country, enhancing economic integration and regional development. Moreover, the ML-1 project is a critical component of the CPEC, a flagship initiative under China’s Belt and Road Initiative (BRI). The project’s completion will strengthen Pakistan’s strategic partnership with China and bolster its position as a key player in regional connectivity. It is also expected to attract further foreign investment, contributing to Pakistan’s economic growth and development. For the citizens of Pakistan, the project promises improved travel experiences, with faster and safer train services. It will also alleviate road congestion and reduce the environmental impact of transportation by shifting more freight and passenger traffic to rail. Key Takeaways Pakistan and ADB have reaffirmed their commitment to finalizing the ML-1 railway project design. The project is a key component of the China-Pakistan Economic Corridor (CPEC). ML-1 aims to modernize Pakistan’s railway infrastructure, covering approximately 1,872 kilometers. The project is expected to boost economic growth, create jobs, and enhance regional connectivity. Successful completion will strengthen Pakistan’s strategic partnership with China. 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 10, 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 Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with the High Commissioner-designate of New Zealand to Pakistan, David Pine, on September 9 to discuss enhancing bilateral economic relations. The meeting underscored both countries’ commitment to strengthening trade, investment, and business-to-business cooperation. What Happened During the meeting held in Islamabad, Finance Minister Muhammad Aurangzeb and High Commissioner-designate David Pine discussed various avenues for deepening economic ties between Pakistan and New Zealand. Accompanied by Ms. Avanthi Kalansooriya, a policy advisor, Pine emphasized New Zealand’s interest in exploring new trade opportunities with Pakistan. The discussions focused on enhancing bilateral trade, fostering investment, and facilitating business collaborations. David Pine expressed New Zealand’s willingness to support Pakistan in various sectors, including agriculture, technology, and education. He noted, “New Zealand sees great potential in Pakistan’s market and is eager to explore areas where both nations can mutually benefit.” The meeting also highlighted the importance of creating a conducive environment for businesses from both countries to thrive. Finance Minister Aurangzeb welcomed the New Zealand envoy’s commitment to strengthening economic ties and assured full cooperation from Pakistan’s government. He stated, “Pakistan is open to foreign investment and is keen on building strong economic partnerships with countries like New Zealand.” The meeting concluded with both parties agreeing to continue dialogue and explore practical steps to enhance economic collaboration. Background Pakistan and New Zealand have historically maintained cordial relations, with both countries being members of the Commonwealth of Nations. Over the years, trade between the two nations has been modest, with room for significant growth. New Zealand primarily exports dairy products, wool, and meat to Pakistan, while Pakistan exports textiles, rice, and leather goods to New Zealand. In recent years, both countries have expressed a desire to expand their economic relationship beyond traditional trade. The meeting between the finance minister and the New Zealand envoy is part of ongoing efforts to identify new areas of cooperation and increase bilateral trade volumes. Why It Matters The meeting between Pakistan’s finance minister and the New Zealand envoy is significant as it represents a concerted effort to boost economic ties between the two nations. For Pakistan, enhancing trade relations with New Zealand could lead to increased foreign investment, job creation, and access to advanced technologies, particularly in agriculture and education. Economically, stronger ties with New Zealand could help Pakistan diversify its trade partners and reduce its reliance on traditional markets. This diversification is crucial for Pakistan’s economic stability, especially in light of global economic uncertainties. Politically, the strengthening of bilateral relations could enhance Pakistan’s standing in the Asia-Pacific region, providing it with a strategic partner in New Zealand. For New Zealand, expanding economic ties with Pakistan presents an opportunity to tap into a large and growing market. With Pakistan’s population exceeding 220 million, there is significant potential for New Zealand businesses to expand their footprint in South Asia. Additionally, collaboration in sectors such as agriculture and education could lead to knowledge exchange and innovation, benefiting both countries. Key Takeaways Finance Minister Muhammad Aurangzeb and New Zealand’s envoy David Pine discussed enhancing economic ties. The meeting focused on trade, investment, and business-to-business cooperation between Pakistan and New Zealand. New Zealand is interested in exploring opportunities in agriculture, technology, and education in Pakistan. Strengthening economic relations could lead to increased foreign investment and job creation in Pakistan. Both countries aim to diversify their trade partnerships and enhance bilateral cooperation. 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 10, 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.

UNITED NATIONS — As the new academic year begins in the northern hemisphere, a shocking report reveals that 93 million children are deprived of education due to an unprecedented surge in attacks on learning institutions, according to the United Nations global fund, Education Cannot Wait. What Happened The report, released on Wednesday, highlights the severe impact of violence and insecurity on education systems worldwide. Education Cannot Wait, a UN fund dedicated to supporting education in emergencies, has raised alarms over the escalating number of attacks targeting schools, students, and educators. These attacks have resulted in the closure of numerous educational facilities, leaving millions of children without access to learning. Yasmine Sherif, Director of Education Cannot Wait, stated, “Education is under attack on an unprecedented scale. The right to education is being violated for millions of children, which has long-term implications for their futures and for global stability.” The report underscores that the attacks are not confined to one region but are a global phenomenon, affecting countries across Africa, the Middle East, Asia, and Latin America. In addition to direct attacks, the report cites factors such as displacement due to conflict, natural disasters, and economic instability as contributors to the growing number of children out of school. The COVID-19 pandemic has further exacerbated the situation, disrupting education systems worldwide and hindering recovery efforts. Background The issue of attacks on education is not new. Over the past decade, there has been a disturbing trend of increasing violence against educational institutions. The Global Coalition to Protect Education from Attack (GCPEA) has documented thousands of incidents where schools have been bombed, burned, or occupied by armed forces. This has led to international efforts to safeguard education, including the Safe Schools Declaration, an inter-governmental political commitment to protect students, teachers, and schools during armed conflict. Despite these efforts, the frequency and severity of attacks have continued to rise, with devastating consequences for educational access and quality. The UN and other international bodies have repeatedly called for stronger measures to prevent and respond to these attacks, emphasizing the critical role of education in achieving peace and development goals. Why It Matters The implications of 93 million children being out of school are profound, affecting not only the individuals but also their communities and countries. Education is a fundamental human right and a key driver of economic development and social cohesion. Without access to education, children are more likely to fall into cycles of poverty, violence, and exploitation. Economically, the loss of educational opportunities can lead to a significant reduction in a country’s potential for growth and innovation. Countries with high numbers of out-of-school children often face challenges in developing a skilled workforce, which is essential for competing in the global economy. Socially, education plays a crucial role in promoting tolerance, understanding, and peace. Children who miss out on education are more vulnerable to recruitment by armed groups and are less likely to participate in civic life. This can perpetuate cycles of conflict and instability, undermining efforts to build sustainable peace. Internationally, the situation calls for urgent action and increased investment in education in crisis-affected areas. The UN and its partners are urging governments, donors, and private sector actors to prioritize education in their humanitarian responses and development plans. Key Takeaways 93 million children worldwide are out of school due to attacks on education and other factors. Education Cannot Wait highlights the global scale of the crisis, affecting multiple regions. Violence against educational institutions has been rising over the past decade. The lack of education has severe economic and social implications for affected countries. Urgent international action and investment are needed to address the crisis. Source Attribution This article is based on official statements and reports from the United Nations and Education Cannot Wait. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 10, 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.