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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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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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