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A strengthened partnership

Martine Dorance 09:57 AM | 14 Jul, 2017
A strengthened partnership
It is a great honor and pleasure for me to address readers in Pakistan on the occasion of the National Day of France.

The storming of the Bastille jail on July 14th, 1789 was the starting point of the French Revolution and has been celebrated every year since as the French National Day. “Liberty, Equality, Fraternity” became our national motto.

On May 7 this year, by electing President Emmanuel Macron, the French people have reaffirmed their faith in these values. They have launched a message of hope, optimism and renewal. Today, in the testing times the world is going through, more than ever, we need to celebrate these humanist values: the boldness of freedom, the stringency of equality, the desire for fraternity.

At the international level, France is willing to shoulder all its responsibilities in order to provide appropriate responses to the major challenges of our time, starting with the protection of our planet and ensuring freedom, social justice and democracy globally. France is at the forefront of the fight against terrorism, both on its soil, which was hit by several heinous attacks last year, and in international action. In these painful moments for both our countries, I convey our full solidarity with the authorities and the people of Pakistan. Let me reassure that France recognizes the sacrifices and supports Pakistan in its endeavors.

This year is a particular year, as Pakistan is turning 70 years old and as we also celebrate the 70th anniversary of the establishment of our diplomatic relations. For seven decades, our two countries have enjoyed close bilateral ties in all fields. I am glad, after three years in Pakistan, to see this relation grow even stronger.

Our economic diplomacy has been particularly strengthened. Experiencing an increase of over 14% in 2016, our bilateral trade has again exceeded the symbolic threshold of one billion dollars in the fiscal year 2016. More than 30 subsidiaries of French companies are established in Pakistan. 2016 also saw one of the first Pakistani investments in France, a pharmaceutics plant which was inaugurated by President François Hollande in Meymac, in the center of France. The existing momentum in the economic bilateral relationship was embodied by an important French business delegation which visited Pakistan last April, the first one in five years, following the visit to Paris in 2016 of Minister of Finance.

Cooperation in education, academia, science and culture has also been one of the priorities of my mandate. Just a few months ago, more than 20 French universities toured Pakistan for a Pak France Higher Education Week. All together we have, at present, more than 500 Pakistani students studying in France. More generally, France, as our President announced a few weeks ago with the French Tech Visa initiative, is ready to welcome more foreign tech talent from around the world.

In order to strengthen our sustainable partnership, we also need to contribute together to a sustainable global environment. Climate change is one of the major issues of our time. France, after the success of the COP21, the Paris Climate Change Conference, stays committed, and has launched a big campaign that I invite all of you to join, in response to the withdrawal by the United States of America of the Paris Climate Agreement. You can join the initiative here: www.makeourplanetgreatagain.fr.

In Pakistan, France is committed to support the Government’s strategy to solve the energy crisis and to fight climate change. The French Agency for Development (AFD) is scaling up its green energy activities this year, after having allocated more than 300 million euros to investments in hydroelectricity these past ten years.

We believe in a resilient, strong and stable Pakistan. I reiterate my firm belief in the reinforcement of a sustainable partnership between our two countries and most importantly between our two people.

I will end in this regard with an atypical subject: sport diplomacy. Sport conveys a strong message; we don’t embrace a world made solely of violence but a world of shared values, reconciliation, joy and peaceful competition. I here want to congratulate Pakistan for its victory of the last ICC Cricket Champions Trophy. As I rejoiced watching the whole Pakistani nation united behind its team and celebrating, I want to mention that the whole of France and all French people are united behind the city of Paris in its bid to host the 2024 Olympic Games. We hope Pakistan will share this enthusiasm and support this strong bid.

After three years in Pakistan and as my term comes to an end, I hereby want to thank and renew, in the name of all the French community, our appreciation for the hospitability of the Pakistani people. I convey the friendship and the best wishes of the French people to the people of Pakistan for their continuing prosperity.

So let me conclude on this positive note in French and Urdu: Vive l’amitié franco-pakistanaise! France Pakistan Dosti Zindabad!

Martine Dorance
Martine Dorance

The author is an Ambassador of France to Pakistan.

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 4, 2023 (Saturday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 279.9 283.2
Euro EUR 300.98 301.58
UK Pound Sterling GBP 337.01 337.71
U.A.E Dirham AED 75.14 75.44
Saudi Riyal SAR 73.55 73.85
Australian Dollar AUD 189 192
Bahrain Dinar BHD 712.72 720.69
Canadian Dollar CAD 200 202.2
China Yuan CNY 39.67 39.73
Danish Krone DKK 39.33 39.73
Hong Kong Dollar HKD 34.19 34.54
Indian Rupee INR 3.28 3.39
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 878 887
Malaysian Ringgit MYR 62.83 63.43
New Zealand Dollar NZD 173.25 175.25
Norwegians Krone NOK 26.79 27.09
Omani Riyal OMR 696.08 704.08
Qatari Riyal ‎QAR 73.62 74.32
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.61 25.91
Swiss Franc CHF 291.69 294.19
Thai Bhat THB 8.15 8.30

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 205,200 on Saturday. The price of 10 grams of 24k gold was recorded at Rs175,930.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 205,200 PKR 2,430
Karachi PKR 205,200 PKR 2,430
Islamabad PKR 205,200 PKR 2,430
Peshawar PKR 205,200 PKR 2,430
Quetta PKR 205,200 PKR 2,430
Sialkot PKR 205,200 PKR 2,430
Attock PKR 205,200 PKR 2,430
Gujranwala PKR 205,200 PKR 2,430
Jehlum PKR 205,200 PKR 2,430
Multan PKR 205,200 PKR 2,430
Bahawalpur PKR 205,200 PKR 2,430
Gujrat PKR 205,200 PKR 2,430
Nawabshah PKR 205,200 PKR 2,430
Chakwal PKR 205,200 PKR 2,430
Hyderabad PKR 205,200 PKR 2,430
Nowshehra PKR 205,200 PKR 2,430
Sargodha PKR 205,200 PKR 2,430
Faisalabad PKR 205,200 PKR 2,430
Mirpur PKR 205,200 PKR 2,430

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