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Will China succeed in its efforts to improve Indo-Pak relations?

Urooj Tarar 09:57 AM | 23 Jun, 2018
Will China succeed in its efforts to improve Indo-Pak relations?
Beijing has been making efforts to ease the long-standing conflict between arch-rivals India and Pakistan. The efforts aren't new. In June 2017, China paved the path for two countries to join the Shanghai Cooperation Organization (SCO) - SCO is a Eurasian political, economic, and security organisation, the creation of which was announced on 15 June 2001 in Shanghai,  China by the leaders of  China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan.

On April 24, the defense ministers from the member countries of the SCO - China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan - gathered in Beijing for SCO Defense Ministers' Meeting. Defense Minister of Pakistan Khurram Dastagir-Khan and Indian Defense Minister Nirmala Sitharaman participated as full members in the meeting for the first time. While each minister held bilateral talks with other ministers of SCO member states, no bilateral talk was held between Defense Ministers of Pakistan and India.

However - after their inclusion in SCO - India and Pakistan had both pledged to fully participate in the security meetings and joint military drills. In order to keep with their vows, security personals from both countries will participate in counter-terror exercises under the "Peace Mission 2018". Although even after them becoming member states of SCO, leaders from the two countries kept passing derogatory remarks, their agreement to come to the table together is a hope that SCO framework could provide a breakthrough in the current deadlock.

Why China wants India to have good relations with Pakistan?

To understand everything that is happening around us - war, conflict, and chaos - one needs to understand two things: a) Economy b) Geography.

China's efforts to improve Indo-Pak relations has to do a lot with both.

Improved relations between India and Pakistan will serve China-Pakistan Economic Corridor (CPEC). Since CPEC passes through Pakistans region claimed by India and the two countries have fought actual wars for these claims, the success of billion dollars project depends immensely on the relation between the arch-enemies.

If China succeeds in bringing the two countries together through Shangai Cooperation Organization, new doors of economic opportunities will be opened for the region.

India and Pakistan making advances through religious-tourism

Apart from China's effort to bring two countries close, India and Pakistan are making advances towards good relations on their own through religious tourism. As a part of a bilateral protocol signed between the two countries for promoting people-to-people contact through religious tourism, India has shown readiness to accept Pakistani pilgrims willing to attend the Urs of Hazrat Amir Khusro. The Urs will take place from June 28 to July 5 in New Delhi.

To comply with the bilateral pact, Pakistan has already on Friday issued visas to over 300 Sikh pilgrims from India to observe the death anniversary of Maharaja Ranjeet Singh at Gurdwara Dera Sahib, Lahore from 21-30 June 2018.

It is the first time India will be accepting the pilgrim requests from Pakistan.

Urooj Tarar
Urooj Tarar

Editor - Daily Pakistan Lifestyle.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 20, 2023

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 March 20, 2023 (Monday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 282.7 285.7
Euro EUR 299.5 302.5
UK Pound Sterling GBP 341.5 345
U.A.E Dirham AED 77.25 78
Saudi Riyal SAR 75.2 76
Australian Dollar AUD 186 188.4
Bahrain Dinar BHD 753.69 761.69
Canadian Dollar CAD 204 206.2
China Yuan CNY 41.09 41.49
Danish Krone DKK 40.41 40.81
Hong Kong Dollar HKD 36.1 36.45
Indian Rupee INR 3.43 3.54
Japanese Yen JPY 2.6 2.11
Kuwaiti Dinar KWD 922.9 931.9
Malaysian Ringgit MYR 62.99 63.59
New Zealand Dollar NZD 174.91 176.91
Norwegians Krone NOK 26.69 26.99
Omani Riyal OMR 735.95 743.95
Qatari Riyal ‎QAR 77.37 78.08
Singapore Dollar SGD 206 208
Swedish Korona SEK 26.97 27.27
Swiss Franc CHF 304.79 307.29
Thai Bhat THB 8.24 8.39

Today's gold rates in Pakistan – 20 March 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 208,200 on Monday.The price of 10 grams of 24k gold was recorded at Rs178,500.  

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,849.  

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 208200 PKR 2390
Karachi PKR 208200 PKR 2390
Islamabad PKR 208200 PKR 2390
Peshawar PKR 208200 PKR 2390
Quetta PKR 208200 PKR 2390
Sialkot PKR 208200 PKR 2390
Attock PKR 208200 PKR 2390
Gujranwala PKR 208200 PKR 2390
Jehlum PKR 208200 PKR 2390
Multan PKR 208200 PKR 2390
Bahawalpur PKR 208200 PKR 2390
Gujrat PKR 208200 PKR 2390
Nawabshah PKR 208200 PKR 2390
Chakwal PKR 208200 PKR 2390
Hyderabad PKR 208200 PKR 2390
Nowshehra PKR 208200 PKR 2390
Sargodha PKR 208200 PKR 2390
Faisalabad PKR 208200 PKR 2390
Mirpur PKR 208200 PKR 2390

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