India’s bid for UNSC permanent membership foiled again

11:08 AM | 14 Jul, 2022
India’s bid for UNSC permanent membership foiled again
Source: File Photo

NEW YORK – An attempt of India to get permanent membership of the United National Security Council was thwarted again after it was opposed by Uniting for Consensus (UfC) countries, including Pakistan.

The UN General Assembly, earlier this week, adopted, by consensus, an oral decision by which it decided to “immediately” continue intergovernmental negotiations on reform of the Security Council.

“In the debate, differences emerged between those who wanted text-based negotiations — the President of the Assembly and some delegations, including Japan and Germany — and others, such as the delegations of China, Pakistan and the Republic of Korea, who considered such a step premature and likely to break the consensus,” read the statement.

The UFC group’s opposition foiled the attempt of G4 countries – Brazil, Germany, India and Japan –  to get approved their agenda regarding an increase in seats of UNSC as Delhi is actively engaging friendly states to get membership of the UN's top security body. 

The oral decision reaffirmed the central role of the General Assembly on the issues of equitable representation on and increase in the membership of the Security Council and other matters related to the Security Council; and the commitment of Heads of State and Government representing the peoples of the world to instil new life in the discussions on the reform of the Security Council.

Sharing his views, Pakistan’s delegate rejected any negotiation on the basis of a text, citing the need to reach agreement on the principles of reform on all five clusters of the issue.  The desire for a text falls within the personal will of the President, he said, adding that any attempt to formalize this process would be rushed.  

The representative of Iran said his delegation does not support any text-based negotiations as they are “impractical and premature”.

Japan’s representative, speaking in explanation of position after the adoption, and on behalf of the Group of Four (Brazil, Germany, India, Japan), said he was very disappointed that the decision was a simple roll-over.  

It is recalled that two-third majority of the General Assembly is required increase members of the UNSC, additionally it needs endorsement of 129 countries’ parliament and cabinets.


Pakistani rupee remains stable against US Dollar, Euro, Pound, Riyal and Dirham; Check forex rates

Pakistani rupee remained stable against the US dollar, and other currencies in the open market on Friday.

Dollar Rate in Pakistan Today

On Friday, the US dollar remained stable and was being quoted at 283.2 for buying and 286.15 for selling.

Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.

Today's currency exchange rates in Pakistan - 8 December 2023

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

Currency Symbol Buying Selling
US Dollar ‎USD 283.2 286.15
Euro EUR 308 311
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.4 78.1
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 757.23 765.23
Canadian Dollar CAD 209 211
China Yuan CNY 39.89 40.29
Danish Krone DKK 41.19 41.59
Hong Kong Dollar HKD 36.41 36.71
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.39 1.45
Kuwaiti Dinar KWD 921.71 930.71
Malaysian Ringgit MYR 61.02 61.62
New Zealand Dollar NZD 174.54 176.54
Norwegians Krone NOK 26.05 26.35
Omani Riyal OMR 739.62 747.62
Qatari Riyal ‎QAR 78.22 78.92
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.12 27.42
Swiss Franc CHF 324.94 327.44
Thai Bhat THB 8.06 8.21

Gold prices in Pakistan increase; Check out latest rates here

Gold price in Pakistan increased as the yellow metal witnessed an upward trend in the international market.

Gold Rates in Pakistan Today - 8 December 2023

On Friday, the price of a single tola of 24-karat gold stands at Rs217,400 and 10 grams of 24k gold costs Rs186,390.

Single tola of 22 Karat Gold costs Rs199,282, 21 karat rate for per tola is Rs190,225 and 18k gold rate is Rs163,050 each tola.

In the global market, gold prices hover at around $2026, gaining $8.30 on Friday.

Today Gold Rate in Pakistan

Today Gold Price in Pakistan (8 December 2023)

City Gold Silver
Lahore PKR 217,400 PKR 2,583
Karachi PKR 217,400 PKR 2,583
Islamabad PKR 217,400 PKR 2,583
Peshawar PKR 217,400 PKR 2,583
Quetta PKR 217,400 PKR 2,583
Sialkot PKR 217,400 PKR 2,583
Attock PKR 217,400 PKR 2,583
Gujranwala PKR 217,400 PKR 2,583
Jehlum PKR 217,400 PKR 2,583
Multan PKR 217,400 PKR 2,583
Bahawalpur PKR 217,400 PKR 2,583
Gujrat PKR 217,400 PKR 2,583
Nawabshah PKR 217,400 PKR 2,583
Chakwal PKR 217,400 PKR 2,583
Hyderabad PKR 217,400 PKR 2,583
Nowshehra PKR 217,400 PKR 2,583
Sargodha PKR 217,400 PKR 2,583
Faisalabad PKR 217,400 PKR 2,583
Mirpur PKR 217,400 PKR 2,583


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