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Will Modi attend upcoming SCO event in Pakistan?

10:35 PM | 4 Jul, 2024
Will Modi attend upcoming SCO event in Pakistan?
Source: File photos

Pakistan will host the Shanghai Cooperation Organization’s (SCO) Council of Heads of Government meeting in October this year and will invite all members, including India, to attend in person in Islamabad, the foreign office spokesperson announced on Thursday. However, the questions is, will Indian Prime Minister Narendra Modi attend the event in Pakistan?

Founded by China and Russia in 2001, the SCO is a prominent Eurasian entity focused on political, economic, international security, and defense matters. It is the world’s largest regional organization by geographic coverage and population, encompassing about 80 percent of Eurasia and 40 percent of the world population. Pakistan became an SCO member in June 2017, after holding observer status from 2005 to 2017.

“The year 2024 is an important milestone for Pakistan-SCO relations, as Pakistan holds the rotating chairmanship of the SCO Council of Heads of Government, which is the second-highest decision-making forum of the SCO,” Mumtaz Zahra Baloch, the foreign office spokesperson, said during her weekly media briefing. “In that capacity, Pakistan will host the SCO Heads of Government meeting in October this year,” she added.

Baloch mentioned that the October conference would be preceded by a ministerial meeting and several rounds of high-level official talks among SCO member states, focusing on financial, economic, social, cultural, and humanitarian cooperation. She emphasized that the conference would adhere to SCO procedures and feature in-person attendance of heads of government.

“So, in our capacity as the chair, we will be extending invitations to all heads of government of SCO member states,” she said, expressing hope that all members of the regional grouping would be represented at the conference, which is expected to focus on trade, investment, and economic connectivity.

Pakistan’s nuclear-armed neighbor, India, is also part of the SCO. The two countries have a history of strained relations and have fought several wars and border skirmishes since their independence in 1947. India boycotted the summit of the South Asian Association for Regional Cooperation (SAARC) in 2016, which was scheduled to be held in Islamabad.
 

Daily Pakistan Global Web Desk

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 7 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 7, 2024 (Sunday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.65 for buying and 280.65 for selling on last day of the week.

Euro's buying rate moves up to 294.3 and selling rate is 297.8 while British Pound rate is 350.5 for buying, and 353.5 for selling.

UAE Dirham AED was at 75.05 and Saudi Riyal increased to 73.40.

Currency Symbol Buying Selling
US Dollar USD 277.65 280.65
Euro EUR 294.30 297.80
UK Pound Sterling GBP 350.50 353.50
U.A.E Dirham AED 75.05 75.85
Saudi Riyal SAR 73.40 74.20
Australian Dollar AUD 182.25 184.00
Bahrain Dinar BHD 740.12 748.12
Canadian Dollar CAD 202.90 204.90
China Yuan CNY 38.25 38.65
Danish Krone DKK 40.03 40.43
Hong Kong Dollar HKD 35.60 35.95
Indian Rupee INR 3.33 3.43
Japanese Yen JPY 1.90 1.98
Kuwaiti Dinar KWD 907.61 916.61
Malaysian Ringgit MYR 58.89 59.69
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.34 77.04
Singapore Dollar SGD 202.15 204.15
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 309.11 311.61
Thai Bhat THB 7.57 7.72

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