Politics

Pakistan Seafood Exports Record Strong Growth as Global Demand Bites
Politics

Pakistan Seafood Exports Record Strong Growth as Global Demand Bites

Pakistan seafood exports are making waves in global markets, recording a robust 21.6% year-on-year growth in value during the first half of FY2025–26, signaling renewed confidence in the country’s marine economy and export competitiveness. Read More: https://theboardroompk.com/pakistan-poised-for-lng-revival-in-2026-as-global-prices-dip-exporters-hope-amid-domestic-challenges/ According to official data from the Marine Fisheries Department, seafood exports reached $253.24 million between July and December 2025, compared with $208.25 million during the same period last year. Export volumes also climbed sharply, rising 19.1% to 122,629 metric tons, reflecting stronger foreign demand and improved export readiness. This upward momentum, sustained consistently across the six-month period, points to more than just seasonal recovery it suggests a structural shift in Pakistan’s fisheries sector. Pakistan Seafood Exports Gain Global Traction Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry described the export performance as a sign of improving competitiveness of Pakistan seafood exports in international markets. He noted that steady monthly growth reflects better logistics, stronger compliance with global standards, and increased value-added processing. In comparison, during the first half of FY2024–25, Pakistan exported just under 103,000 metric tons, highlighting how quickly export capacity has expanded within a year. Frozen Fish Leads Pakistan Seafood Exports Among product categories, frozen fish remained the backbone of Pakistan seafood exports, accounting for shipments of over 26,600 metric tons valued at $53.33 million. This was followed closely by shrimps and prawns, which generated $40.46 million, while frozen cuttlefish contributed $36.13 million. Beyond these major categories, additional earnings came from shrimp meal, crabs, sardines, mackerel, flatfish species, and fish meal. This diversification reflects growing investment in value-added processing, reducing reliance on raw exports and improving margins. China Dominates Pakistan Seafood Exports Market When it comes to destinations, China remained the largest buyer of Pakistan seafood exports, importing more than 83,600 metric tons valued at $149.2 million nearly 59% of total exports during the period. Thailand ranked second, importing seafood worth $31.3 million, primarily shrimps and prawns. The United Arab Emirates, Malaysia, and Japan followed, with increasing demand for cuttlefish and fish meal. Pakistan seafood exports also reached the European Union, Saudi Arabia, Vietnam, Kuwait, and the United States, indicating expanding geographic reach. Monthly Data Shows Consistent Growth Momentum Export performance strengthened month after month, peaking at $56.42 million in November and $55 million in December. Seasonal demand, smoother port operations, and enhanced cold-chain logistics played a critical role in sustaining this momentum. Alongside exports, non-tax revenue from the fisheries sector rose to Rs127.7 million, up from Rs118 million in the same period last year, underscoring the sector’s growing fiscal contribution. Pakistan Seafood Exports and the Maritime Economy The fisheries sector remains a vital pillar of Pakistan’s maritime economy, supporting hundreds of thousands of livelihoods along the Arabian Sea, particularly in Sindh and Balochistan. Historically contributing around 1% to GDP, the sector has rebounded strongly from pandemic-era disruptions. The recovery has been powered by expanded processing capacity, improved cold-chain infrastructure, and stricter certification aligned with international quality standards. Sustainability and Infrastructure Drive Future Growth The maritime affairs minister attributed recent gains to targeted initiatives under the Ministry of Maritime Affairs, including collaboration with the International Maritime Organization on sustainable fishing practices and investments in Karachi and Gwadar port infrastructure. However, he stressed that long-term growth in Pakistan seafood exports must go hand in hand with regulatory compliance and marine biodiversity protection, especially in the face of climate-related challenges. The Big Picture With rising global demand, diversified export products, and expanding market access, Pakistan seafood exports are entering a decisive growth phase. If sustainability measures and infrastructure upgrades continue, the sector could emerge as a major foreign exchange earner turning Pakistan’s coastline into a strategic economic asset.

Info Ministry Rejects 'Disinformation' Alleging Pakistan Bases for US Iran Attack
Politics

Info Ministry Rejects ‘Disinformation’ Alleging Pakistan Bases for US Iran Attack

ISLAMABAD – Pakistan’s Ministry of Information and Broadcasting on Monday categorically denied circulating claims that the country is facilitating or allowing its territory to be used for potential United States military strikes on Iran. The ministry labeled the allegations as “pure disinformation” and a “reckless, blame-pushing narrative” designed to entangle Pakistan in the escalating US-Iran standoff. In a detailed fact-check statement posted on its official platforms, the ministry addressed specific rumors spread primarily via social media. These included assertions that US aerial refueling aircraft (such as KC-135R tankers), surveillance platforms, and stealth fighters (F-35/F-22) had been relocated to Pakistani bases or were conducting unusual flights toward or into Iranian airspace. The ministry stated firmly: “There is no credible proof that US aircraft or ISR [intelligence, surveillance, and reconnaissance] assets are based in Pakistan. There is also no credible evidence of Pakistan-to-Iran operational flights for strikes.” The denial comes against the backdrop of renewed regional volatility. Iran has faced widespread protests in recent weeks, prompting sharp warnings from US President Donald Trump about possible intervention if the crackdown intensifies. Tehran has vowed readiness for war while expressing openness to diplomacy on equal terms. Earlier, a brief but intense 12-day conflict in mid-2025 involving Iran, Israel, and US strikes on Iranian nuclear facilities drew strong condemnation from Pakistan, which described the actions as violations of international law and reaffirmed Iran’s right to self-defense. Officials emphasized that Pakistan’s prior public stance—condemning foreign military operations on Iranian soil—directly contradicts any notion of facilitation. The ministry urged the public and media to rely on verified sources and avoid unverified propaganda, some of which reportedly originated from accounts linked to Afghanistan and India. No major international outlet has corroborated the claims, reinforcing Islamabad’s position of non-involvement in the dispute.

Khawaja Asif Urges PTI to Drop Confrontation for Negotiations
Politics

Khawaja Asif Urges PTI to Drop Confrontation for Negotiations

Islamabad, January 9, 2026 – Defence Minister Khawaja Muhammad Asif has urged the Pakistan Tehreek-e-Insaf (PTI) to abandon its confrontational stance and adopt a constructive attitude if it genuinely seeks dialogue with the government. Criticism of PTI’s Demands and Behavior Speaking to the media, Asif questioned PTI’s seriousness about talks, pointing out their persistent demands for the release of jailed party founder Imran Khan and other leaders as a precondition. He described this approach as unrealistic, stating that no government would negotiate under threats or ultimatums. The minister highlighted PTI’s history of aggressive protests, including attacks on state institutions, and accused the party of hypocrisy for seeking dialogue while maintaining an adversarial posture. Asif emphasized that dialogue requires mutual respect and flexibility from both sides, warning that PTI’s current attitude only escalates tensions rather than resolving issues. Government’s Openness to Talks with Conditions Asif reiterated the government’s willingness to engage in discussions but stressed that PTI must demonstrate sincerity by changing its behavior. He referenced past failed attempts at reconciliation, attributing breakdowns to PTI’s intransigence. The defence minister also touched on broader political stability, noting that national progress demands cooperation over confrontation. His remarks come amid ongoing political polarization, with PTI continuing public campaigns for releases and elections. Asif called on PTI leadership to prioritize national interests over personal or partisan agendas for any productive outcome.

Imran Khan and Bushra Bibi Sentenced to 17 Years in Toshakhana Case
Politics

Imran Khan and Bushra Bibi Sentenced to 17 Years in Toshakhana Case

A Pakistani accountability court on December 20, 2025, sentenced former Prime Minister Imran Khan and his wife Bushra Bibi to 17 years in prison each in a corruption case known as Toshakhana Case. The verdict, delivered inside Rawalpindi’s high-security Adiala Jail where Khan is detained, accuses the couple of illegally purchasing luxury state gifts—including watches from Saudi Crown Prince Mohammed bin Salman—at undervalued prices, causing financial loss to the state treasury. The sentences comprise 10 years of rigorous imprisonment for criminal breach of trust under Pakistan’s Penal Code and seven years under anti-corruption laws, to run concurrently, along with heavy fines. Lawyers for Khan criticized the ruling, stating the court pronounced the sentence without hearing the defense arguments. Read More: https://theboardroompk.com/imran-khans-sons-sound-alarm-irreversible-harm-feared-amid-total-silence-from-pakistan-jail/ Imran Khan, the cricketer-turned-politician who served as prime minister from 2018 to 2022, was ousted via a no-confidence vote and has been imprisoned since August 2023. He is currently serving a 14-year term in a separate land graft case and faces over 150 legal cases, ranging from corruption to state secrets leaks. Khan and his Pakistan Tehreek-e-Insaf (PTI) party denounce the charges as politically motivated to sideline him from politics. This case is distinct from an earlier Toshakhana conviction, where sentences were suspended on appeal. Bushra Bibi, Khan’s third wife and a faith healer, was also implicated. PTI announced protests in Punjab and plans to appeal the decision at the Islamabad High Court. The conviction further intensifies Pakistan’s polarized political landscape, with supporters viewing it as persecution amid Khan’s enduring popularity.

Military Court Awards 14-Year Jail Term to Ex-ISI Chief Lt Gen (retd) Faiz Hameed
Politics

Military Court Awards 14-Year Jail Term to Ex-ISI Chief Lt Gen (retd) Faiz Hameed

Islamabad: A Field General Court Martial on Thursday sentenced former Head of Inter-Services Intelligence (ISI) retired Lieutenant General Faiz Hameed to 14 years of rigorous imprisonment after finding him guilty on all four charges framed against him. “On August 12, 2024, process of Field General Court Martial was initiated against Mr. Faiz Hameed, formerly Lieutenant General under provisions of Pakistan Army Act spreading over 15 months,” the Inter-Services Public Relations (ISPR) stated. The accused was tried on four charges related to engaging in political activities, violation of Official Secret Act detrimental to safety and interest of the State, misuse of authority & government resources and causing wrongful loss to persons, the military’s media wing emphasised. “After lengthy and laborious legal proceedings, accused has been found guilty on all charges and sentenced to 14 years rigorous imprisonment by the Court which has been promulgated on 11 December 2025,”stated ISPR. The Field General Court Martial complied with all legal provisions. The accused was afforded with all legal rights including rights of defence team of his choice. The convict has the right of appeal at relevant forum. Involvement of convict in fomenting vested political agitation and instability in cahoots with political elements and in certain other matters is separately being dealt with. Lt Gen (retd) Faiz Hameed was taken into military custody on August 13, 2024, initially over allegations of land grabbing and confiscating valuables from the owner of a private housing society in the widely publicized Top City case. Following a Supreme Court directive, the army conducted a detailed court of inquiry, which led to formal disciplinary action under the Pakistan Army Act. Hameed, who served as ISI chief from 2019 to 2021 and later commanded Peshawar and Bahawalpur corps, had taken premature retirement in December 2022. He remained a controversial figure, particularly after being photographed sipping tea in a Kabul hotel shortly after the Taliban takeover in August 2021 and for his perceived closeness to former prime minister Imran Khan’s government.

Justice (R) Agha Rafiq Khan Appointed Chairman Board of Jahangir Siddiqui & Co. Ltd. (JSCL)
Politics

Justice (R) Agha Rafiq Khan Appointed Chairman Board of Jahangir Siddiqui & Co. Ltd. (JSCL)

Karachi: Jahangir Siddiqui & Co. Ltd. (PSX: JSCL) has announced a major leadership reshuffle, appointing Justice (R) Dr. Agha Rafiq Ahmed Khan as the new Chairman of its Board of Directors. The development was disclosed in the company’s latest filing to the Pakistan Stock Exchange (PSX). The appointment marks a significant milestone for JSCL, bringing in a highly respected jurist with more than 40 years of judicial, administrative, and regulatory experience. A Veteran Jurist Takes Charge at JSCL: Justice (R) Agha Rafiq Ahmed Khan, former Chief Justice of the Federal Shariat Court, has held several high-profile positions throughout his career. His past roles include:• Federal Law Secretary• Chairman, Sindh Public Service Commission• Senior judicial and administrative posts across Pakistan Known for his integrity, legal expertise, and strong leadership, Justice (R) Agha Rafiq is expected to play a key role in strengthening JSCL’s corporate governance and strategic direction. Asad Nasir Appointed New CEO for a Three-Year Term: Alongside the new chairman, Mr. Asad Nasir has been appointed Chief Executive Officer of Jahangir Siddiqui & Co. Ltd. for a three-year term, signaling the company’s focus on expanding its financial and investment footprint. Nasir brings over 20 years of experience across:• Private equity• Corporate finance• Capital markets• Transaction advisory• Audit and financial consulting Before joining JSCL, he served as the Group Head of Ecosystem Development & Sustainable Finance at JS Bank, where he led major initiatives in digital transformation and green finance. His appointment reflects JSCL’s commitment to innovation, sustainable growth, and stronger financial performance. Board Approves FY2026 Budget: In addition to leadership restructuring, the Board of Directors has approved the company’s budget for the fiscal year ending December 31, 2026, setting the stage for strategic expansion and long-term value creation. Strategic Leadership Strengthens JSCL’s Future Outlook With Justice (R) Agha Rafiq’s governance expertise and Asad Nasir’s financial leadership, JSCL is poised to enter a new phase of stability, innovation, and sustainable growth. These changes reinforce the company’s focus on corporate excellence, investment diversification, and value enhancement for shareholders.

No Notification 2 Days After Army Chief’s Term Ends: Rana Sanaullah Rejects Nawaz ‘Objection’ Rumours, Blames Process for CDF Delay
Politics

No Notification 2 Days After Army Chief’s Term Ends: Rana Sanaullah Rejects Nawaz ‘Objection’ Rumours, Blames Process for CDF Delay

ISLAMABAD: Two days after Chief of Army Staff and Field Martial General Syed Asim Munir completed his three-year tenure on 29 November, the federal government has yet to issue the crucial notification appointing the country’s first Chief of Defence Forces (CDF) – a powerful new position created through the recently passed 27th Constitutional Amendment.The unusual silence has triggered intense political speculation and a flurry of social-media theories ranging from behind-the-scenes power struggles to alleged London-based vetoes.Speaking to reporters outside Parliament House on Monday evening, Adviser to the Prime Minister on Political and Public Affairs Rana Sanaullah attempted to douse the fire, insisting that the delay was purely procedural and that the notification would be issued immediately upon Prime Minister Shehbaz Sharif’s return from abroad.“The Prime Minister is returning in a day or so. The moment he lands, the matter will move forward,” Sanaullah said, refusing to give an exact date for either the PM’s arrival or the notification. By late Monday night, Mr Sharif had still not returned to Pakistan.He emphasised that the government was following a strict constitutional sequence. “First comes the Constitution, then the law, and then the rules. We are taking every step with complete care and precision. There is no question of bypassing procedure,” he maintained.Under the 27th Amendment, the CDF will serve as the senior-most uniformed officer above the three service chiefs and will enjoy a fixed five-year term – significantly longer than the three-year tenure of individual service chiefs. The amendment also grants the CDF authority over joint strategic planning and operational command in certain scenarios. Although no official shortlist has been released, senior government and military sources confirm that the incumbent COAS, Gen Asim Munir, remains the overwhelming favourite to be elevated to the new post. If appointed, his current role would automatically merge into the CDF position, effectively extending his tenure until November 2030.Sanaullah acknowledged that “multiple options” were under consideration but stressed that “until the final decision is taken, no notification can be issued.” He added that the CDF’s term would officially commence only from the date of the notification – a clause that has added legal complexity to the timing.The adviser categorically rejected rumours that PML-N supremo Nawaz Sharif, currently in London for medical treatment, had raised objections to Gen Munir’s elevation. “This impression is 100 percent incorrect,” Sanaullah declared. “Mian Nawaz Sharif has never expressed any reservation on the subject of the CDF. Whatever statements are being attributed to him have either been taken out of context or are completely fabricated.”The controversy has been amplified by the opposition Pakistan Tehreek-e-Insaf (PTI), which has accused the government of deliberately creating constitutional uncertainty to retain undue civilian influence over the military high command.In a related development, Rana Sanaullah disclosed details of a tense closed-door meeting held earlier in the day with a PTI delegation in the National Assembly Speaker’s chamber. The opposition lawmakers had demanded immediate facilitation for party leaders to meet imprisoned former prime minister Imran Khan in Adiala Jail.According to Sanaullah, the government side requested the delegation to wait until Prime Minister Shehbaz Sharif’s return so that a “structured and sustainable” arrangement could be finalised. However, within hours of the meeting’s conclusion, Khyber Pakhtunkhwa Chief Minister Sohail Afridi issued what Sanaullah described as an open threat. “Immediately after they left, a threat was received from the KP chief minister,” Sanaullah claimed. “In such an environment of intimidation and disruptive behaviour, no jail meeting can be permitted.”PTI spokespersons rejected the accusation, calling it another attempt to deflect attention from the CDF controversy and the government’s alleged unwillingness to allow Imran Khan access to his lawyers and party leadership.Meanwhile, diplomatic circles in Islamabad are watching the situation with keen interest. Several friendly countries that maintain close defence ties with Pakistan have privately expressed hope for a swift and smooth transition, underscoring Gen Munir’s personal rapport with key international partners, particularly in the Gulf and Washington.Within military circles, junior and mid-level officers have largely remained silent in public, but off-the-record conversations reveal a strong preference for continuity under Gen Munir rather than the uncertainty of a last-minute outsider appointment, according to media reports.Legal experts point out that, technically, Gen Munir continues to discharge duties as COAS even after 29 November because no successor has been named and the CDF notification remains pending – a situation made possible by the transitional clauses inserted in the 27th Amendment.Political analysts believe the government deliberately scheduled the amendment’s final passage and enforcement in such a way that the CDF decision would fall during Prime Minister Shehbaz Sharif’s physical presence in the country, allowing him to personally oversee the sensitive transition rather than handling it remotely. As Monday drew to a close, the Prime Minister’s Office issued no official itinerary for Mr Sharif’s return, and the Defence Ministry remained silent on the CDF file. With each passing hour, the political temperature continued to rise.PTI announced countrywide protests for Tuesday, demanding “immediate restoration of constitutional order” and the issuance of the CDF notification without further delay. Concurrently, PML-N loyalists began circulating messages urging patience and trust in the leadership’s judgment.For now, Pakistan finds itself in an extraordinary interregnum: its most powerful military office is technically vacant, yet fully functional; its most powerful new constitutional post remains unfilled; and the entire nation awaits a single notification that will shape civil-military relations for the next half-decade.Until Prime Minister Shehbaz Sharif boards his flight home – whenever that may be – the speculation, the protests, and the behind-the-scenes manoeuvring are likely to intensify rather than subside.

Imran Khan's Sons Sound Alarm: 'Irreversible' Harm Feared Amid Total Silence from Pakistan Jail
Politics

Imran Khan’s Sons Sound Alarm: ‘Irreversible’ Harm Feared Amid Total Silence from Pakistan Jail

Karachi: The sons of Pakistan’s imprisoned former Prime Minister Imran Khan have raised grave alarms, fearing authorities are concealing “something irreversible” about his health after over three weeks without verifiable contact or proof of life. Speaking to Reuters, Kasim Khan described the blackout as “psychological torture,” noting no direct communication despite a court order for weekly family visits.Khan, 72, has been held in Adiala Jail since August 2023 on multiple convictions—including 10 years for leaking a diplomatic cable and 14 years in a graft case tied to the Al-Qadir Trust—which his Pakistan Tehreek-e-Insaf (PTI) party calls politically motivated to sideline him post-2022 ouster. His personal physician has been denied access for over a year.Rumors of a transfer to a high-security facility and even death have swirled on social media, trending #WhereIsImranKhan, fueled by blocked visits and a media blackout on his image. Khan’s sisters were allegedly assaulted by police during a recent protest outside the jail.4524f4 An anonymous jail official insisted Khan is “in good health” with no transfer plans, while Defence Minister Khawaja Asif quipped he receives “five-star treatment.”8c7a4cFrom London, Kasim and brother Suleiman—last seeing their father after a 2022 assassination attempt—urge international human rights intervention. PTI demands immediate access, calling it a “human rights emergency.”b92b2e The Interior Ministry has not commented.

Past IPP Deals “Not Transparent”, Admits Energy Minister
Politics

Past IPP Deals “Not Transparent”, Admits Energy Minister

Islamabad: Federal Minister for Energy Sardar Owais Ahmad Khan Leghari on Thursday revealed that Pakistan is fast emerging as one of the world’s quickest-growing solar markets, with nearly 19,000 MW of solar projects under development. Addressing a seminar organised by the Pakistan Business Council, he announced that renewable energy now constitutes 55% of the national power mix.For the first time, the government has rolled out 28 major structural reforms with a long-term vision, the minister said, adding that tangible results will soon be visible. He acknowledged that several previous agreements with Independent Power Producers (IPPs) “were not transparent” and confirmed ongoing renegotiations to ease the circular debt burden alongside phasing out inefficient plants.Leghari highlighted upcoming amendments to net-metering rules, performance improvement of distribution companies, DISCO privatisation, and the imminent launch of a competitive electricity market. “The government will no longer be the sole buyer; direct buyer-seller transactions will become the norm,” he stated, emphasising enhanced governance, transparency and financial stability in the sector.

Senate Panel Slams Banks Over Forced Abaya Policy, Terms Islamic Banking ‘Fraud’
Politics

Senate Panel Slams Banks Over Forced Abaya Policy, Terms Islamic Banking ‘Fraud’

ISLAMABAD: The Senate Standing Committee on Finance on Wednesday directed the State Bank of Pakistan (SBP) to immediately act against commercial banks allegedly forcing female employees to wear abayas, terming the practice unconstitutional and discriminatory.PPP Senator Dr Zarqa Taimur strongly objected, asserting that Pakistani women already observe modest dress and no additional religious attire can be imposed. Senior PML-N Senator Farooq H. Naek equated the compulsion to “forcing a man to grow a beard”, questioning how the central bank permitted such policies.Committee Chairman Saleem Mandviwalla announced that concerned banks would be summoned to explain their dress code rules. In a separate scathing remark, Mandviwalla accused many Islamic banking institutions of committing “fraud and deception” by charging higher profit rates than conventional banks despite claiming Shariah compliance.The strong bipartisan condemnation reflects growing parliamentary scrutiny of workplace gender policies and the pricing practices of Islamic financial institutions. The SBP has been asked to submit a compliance report in the next meeting while the offending banks face potential regulatory action if found violating employees’ constitutional right to personal freedom and expression.

Scroll to Top