ISLAMABAD – The Ministry of Foreign Affairs confirmed on Friday that Prime Minister Shehbaz Sharif will visit Turkey next week,
This is going to be Shehbaz Sharif's first visit to Ankara after assuming the charge of prime minister's office last month.
"The prime minister would be visiting Turkey next week, and we would be sharing with you more details containing elements, specific elements and engagements envisaged during this visit," FO spokesperson Asim Iftikhar said in response to a question during his weekly press briefing.
Former prime minister Imran Khan went to Turkey on a two-day visit in January 2019, where he met Turkish President Recep Tayyip Erdogan in Ankara and other senior government officials.
PM Shehbaz has held two foreign trips this month to Saudi Arabia and the United Arab Emirates (UAE), respectively, after assuming office on April 12, as he sought to strengthen bilateral ties with the oil-rich states.
Following the prime minister's visit, Saudi Minister of Finance Mohammed al-Jadaan said this week that the Kingdom was finalising the extension of the $3 billion deposit to Pakistan.
On other foreign engagements, the spokesperson said Foreign Minister Bilawal Bhutto-Zardari visited Davos, Switzerland, to attend World Economic Forum’s Annual Meeting from May 23-26, with Minister of State for Foreign Affairs Hina Rabbani Khar accompanying him.
He said on the sidelines of the event, the foreign minister — accompanied by Minister for Climate Change Sherry Rehman and Khar held bilateral meetings with — Queen Máxima of The Netherlands, Foreign Minister of Finland Pekka Haavisto, Romanian Foreign Minister Bogdan Aurescu, Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, and others.
Prior to Davos, at the special invitation of State Councilor and Foreign Minister Wang Yi, Bilawal visited China — his first bilateral visit abroad since assuming office last month — on May 21-22, the Foreign Office spokesperson said.
While beginning his press conference, the spokesperson strongly condemned and rejected the mala fide conviction and sentencing of Hurriyat leader Yasin Malik in a grossly suspicious and contrived case registered under the draconian Unlawful Activities Prevention Act (UAPA) and Indian Penal Code (IPC) dating back to 2017.
The spokesperson noted that the Indian Charge d’Affaires (Cd’A) in Islamabad was called to the Foreign Office on 25 May and conveyed Pakistan’s strong indignation over the highly reprehensible sentencing of Malik.
Pakistani rupee continues to show resistance against US dollar in the open market on Monday amid positive economic indicators.
On first working day of the week, the US dollar in open market stands at 284 for buying and 287.15 for selling.
Euro price moves up to 310.71 for buying and 311.31 for selling. British Pound rate stands at 357.55 for buying, and 358.2 for selling after marginal increase.
UAE Dirham AED stands at 77.55 whereas the Saudi Riyal also witnessed slight fall and new price stands at 75.94.
|UK Pound Sterling||GBP||357.55||358.2|
|Hong Kong Dollar||HKD||36.52||36.62|
|New Zealand Dollar||NZD||170.9||172.9|
KARACHI – Gold rates in Pakistan continue to climb higher on Monday amid surge in global trend.
On Monday, the price of 24-karat gold stands at Rs215,500 per tola, and 10 gram costs Rs184,750 per tola.
Single tola of 22 Karat Gold price stands at Rs198,550, 21 karat rate for per tola is Rs189, 525 and 18k gold rate stands at Rs162,450.00 for 1 tola.
In the international market, the price of bullion hovers around $2010 per ounce with incrrease of around $8.
|Lahore||PKR 215,500||PKR 2,610|
|Karachi||PKR 215,500||PKR 2,610|
|Islamabad||PKR 215,500||PKR 2,610|
|Peshawar||PKR 215,500||PKR 2,610|
|Quetta||PKR 215,500||PKR 2,610|
|Sialkot||PKR 215,500||PKR 2,610|
|Attock||PKR 215,500||PKR 2,610|
|Gujranwala||PKR 215,500||PKR 2,610|
|Jehlum||PKR 215,500||PKR 2,610|
|Multan||PKR 215,500||PKR 2,610|
|Bahawalpur||PKR 215,500||PKR 2,610|
|Gujrat||PKR 215,500||PKR 2,610|
|Nawabshah||PKR 215,500||PKR 2,610|
|Chakwal||PKR 215,500||PKR 2,610|
|Hyderabad||PKR 215,500||PKR 2,610|
|Nowshehra||PKR 215,500||PKR 2,610|
|Sargodha||PKR 215,500||PKR 2,610|
|Faisalabad||PKR 215,500||PKR 2,610|
|Mirpur||PKR 215,500||PKR 2,610|