Pakistan, Turkmenistan Push for Stronger Trade and Energy Cooperation

PAk-TURK

ISLAMABAD – Pakistan and Turkmenistan have agreed to explore deeper cooperation in trade, energy, and infrastructure, as Turkmenistan extended an invitation to Pakistan to participate in its upcoming Investment Forum (TIF) in Ashgabat next month. The development came during a meeting between Finance Minister Muhammad Aurangzeb and Turkmen Ambassador Atadjan Movlamov on Monday, where both sides discussed ways to expand bilateral trade, commerce, and investment. Aurangzeb reaffirmed Pakistan’s commitment to strengthening ties with Turkmenistan, noting that the past year had seen multiple high-level ministerial exchanges between the two countries. Ambassador…

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Pakistan Secures Major Win in Indus Waters Treaty Arbitration Against India

IND-PAK

ISLAMABAD – In a significant diplomatic and legal victory, Pakistan has won a water dispute case against India at the Permanent Court of Arbitration (PCA) in The Hague over the interpretation of the Indus Waters Treaty (IWT). The binding Award, issued on August 8, 2025, upholds Pakistan’s right to unrestricted use of the Western Rivers — Indus, Jhelum, and Chenab — and restricts India’s ability to build and operate hydroelectric projects that could reduce water flows into Pakistan. The court ruled that India must “let flow” the waters of the…

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Gallup Survey: Energy Situation Sees Significant Improvement, Boosts Business Confidence

New-Project26

ISLAMABAD – Pakistan’s energy sector performance has shown marked improvement, contributing to a surge in overall business confidence, according to Gallup’s latest Q2 2025 survey (April–June). The survey highlights that the energy situation is better than in previous years, with noticeably lower load shedding compared to 2023 and 2024. Business leaders have responded positively to these improvements, with 61% rating current business conditions as “Good” or “Very Good.” The availability of more reliable electricity supply is being cited as a key factor supporting production, reducing operational disruptions, and encouraging future…

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Consumers Using Under 200 Units Nearly Triple to 18.3 Million, Says Energy Minister

Awais-Leghari

ISLAMABAD – Federal Minister for Energy Sardar Awais Leghari has revealed that the number of electricity consumers using less than 200 units per month has surged from around 6–7 million to approximately 18.3 million. Responding to questions during a National Assembly session, the minister clarified that no electricity tariff has been offered for cryptocurrency mining, while the country currently has around 7,000 megawatts of surplus power. He said there are roughly 35 million consumers connected to the national grid. Leghari informed the House that around 18.5 million consumers receive about…

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FPCCI Urges Immediate Withdrawal of Retrospective Gas Bills, Calls Move a Severe Blow to Industry

FPCCI-Project

KARACHI – The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has strongly condemned the retrospective gas bills recently issued by Sui Northern Gas Pipelines Limited (SNGPL) to industrial and commercial consumers, terming the move a “grave injustice” to the country’s business sector. Addressing a press conference, FPCCI President Atif Ikram Sheikh, Regional Chairman and Vice President Zain Iftikhar Chaudhry, along with senior leaders, appealed to Prime Minister Mian Shehbaz Sharif, Petroleum Minister Ali Pervez Malik, and all relevant regulatory bodies to immediately withdraw the decision. The leaders decried…

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