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Under stringent security precautions, IDEAS 2024 gets underway in Karachi.

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A vast array of both conventional and modern defence vehicles, weapon systems, and equipment will be on display at IDEAS 2024.

Experts in international defence are very interested in the IDEAS 2024 show.

Speaking at the IDEAS 2024 opening ceremony, Defence Minister Khawaja Muhammad Asif stated that the public-private sector cooperation will increase the efficiency and volume of defence exports and production.

According to him, there are a tonne of lucrative investment, joint venture, and trade prospects in Pakistan across all industries, including defence.

According to the minister, Pakistani defence products are vying for customers abroad. He went on to say that although we export some high-tech defence items to more than 60 nations, the volume of exports does not match their true potential.

Khawaja Asif said the 12th edition of IDEAS 2024 with a participation of start-ups and leading engineering and tech universities of Pakistan as well as defence experts and manufactures from across the world will prove to be a milestone in development of Pakistan’s defence industry.

According to Khawaja Asif, a defence ecosystem is being established via the IDEAS platform to facilitate communication between the public-private, industry, and academic sectors involved in defence development.

He stated that the government is committed to keeping the business climate favourable so that experts and human resources can be invested in this sector.

As a responsible state, Pakistan has always pledged to contribute to global peace, stability, and order, according to Khawaja Asif. According to him, the tenets of reciprocity, mutual interest, and international rules serve as the foundation for Pakistan’s bilateral and multilateral ties.

The Minister stated that in order to achieve regional peace, security, and socioeconomic development, cooperation and active participation of regional stakeholders are essential in the geostrategic change of South Asia.

He said Pakistan believes in meaningful dialogue on the basis of equality to resolve bilateral issues and advance peace and harmony in the region.

Khawaja Asif stated that Pakistan, along with its allies, is unwavering in its dedication to global peace and stability.

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The Deputy Prime Minister presides over a session of the Exploration and Production Committee.

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Deputy Prime Minister Ishaq Dar presided over the fifth session of the committee established by the Prime Minister to formulate a comprehensive action plan for tackling the difficulties confronting the exploration and production sector in Pakistan.

The committee achieved a preliminary consensus to present a long-anticipated framework to the executive committee of the national economic council on the sale of 35% of the unallocated gas volumes to external purchasers.

The committee resolved to commence a bidding process for accessible onshore exploration blocks by the following month.

The committee received an update on the current digitalisation initiatives of the Directorate General of Petroleum Concessions (DGPC). A competitive procedure has commenced to facilitate this digital transformation, which will optimise operations and improve efficiency in the sector.

The committee deliberated on a proposal to adjust petrol selling prices monthly or quarterly. The committee instructed the petroleum division to do a more thorough analysis of the idea and present it again at the next meeting.

The committee addressed the security concerns encountered by exploration and production companies, underscoring that the establishment of robust security measures is crucial for fostering investment in the E&P industry to ensure Pakistan’s energy security.

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PTI to intensify pressure on the government on November 24: Barrister Saif

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Khyber Pakhtunkhwa Information Adviser Barrister Saif stated on Tuesday that the Pakistan Tehreek-e-Insaf (PTI) intends to intensify pressure on the “Form-47 government” during its forthcoming protest campaign, planned to commence on November 24.

Saif stated that the residents of KP were making comprehensive arrangements for the gathering on November 24, noting that KP Chief Minister Ali Amin Khan Gandapur had issued directions to legislators from all constituencies to accelerate their preparations for the anti-government initiative.

“We are conducting rallies and corner meetings throughout KP to ensure the success of the gathering on November 24.” Thousands of individuals, along by public officials, will assemble at the Motorway, from which KP Chief Minister Ali Amin Gandapur will direct the procession towards Islamabad,” Saif reiterated.

He stated that November 24 will be a day for the supremacy of law and the constitution.

“I implore individuals to protect themselves from the actions of the fascist regime; otherwise, they will suffer the consequences,” he said.

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Twin cases are sent back to the regular bench by the constitutional court.

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A few cases were returned to the ordinary bench by the newly established constitutional bench on Tuesday, raising doubts about its constitutionality.

In the name of the Ministry of Petroleum, Saeed Khosa’s case was heard by a seven-member bench presided over by Justice Amin-ud-din Khan.

Only cases that fall inside the purview of the constitutional bench should be sent to it, said Justice Muhammad Ali Mazhar.

Notably, on October 23, the matter was referred to the constitutional bench by a three-member panel headed by Justice Mansoor Ali Shah.

Additionally, a different housing society case was returned to the regular bench as well.

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