Saturday, June 25, 2011

Joint statement on meeting of Pak-India foreign secretaries

Under the resumed dialogue process, the Foreign Secretaries of Pakistan and India met in Islamabad, on 23-24 June 2011 for bilateral talks on Peace and Security including CBMs, Jammu and Kashmir and promotion of friendly exchanges.  Three sessions of talks were held.

2.       The talks were held in a frank and cordial atmosphere. Both sides reiterated their intention to carry forward the dialogue process in a constructive and purposeful manner.

3.       The issues of Peace and Security, including CBMs, were discussed in a comprehensive manner. Both sides emphasized the importance of constructive dialogue to promote mutual understanding.

4.       They noted the ongoing implementation of various Nuclear and Conventional CBMs.  They also decided to convene separate Expert level meetings on Nuclear and Conventional CBMs to discuss implementation and strengthening of existing arrangements and to consider additional measures, which are mutually acceptable, to build trust and confidence and promote peace and security. The dates for the Expert level meetings will be determined through diplomatic channels.

5.       The Foreign Secretaries noted that both countries recognize that terrorism poses a continuing threat to peace and security and they reiterated the firm and undiluted commitment of the two countries to fight and eliminate this scourge in all its forms and manifestations. They agreed on the need to strengthen cooperation on counter-terrorism.

6.       The Foreign Secretaries exchanged views on the issue of Jammu & Kashmir and agreed to continue discussions in a purposeful and forward looking manner with the view to finding a peaceful solution by narrowing divergences and building convergences.

7.       Both sides agreed to convene a meeting of the Working Group on Cross-LoC CBMs to recommend measures for strengthening and streamlining the existing trade and travel arrangements across the LoC and propose modalities for introducing additional Cross-LoC CBMs. The Working Group will meet in July 2011.

8.       Both sides agreed to the need for promoting friendly exchanges between the two countries.  They noted with satisfaction the progress made towards finalization of the Visa Agreement which will help liberalize the visa regime and facilitate people-to-people, business-to-business and sports contacts.

9.       The two sides also discussed measures for promoting cooperation in various fields including, facilitating visits to religious shrines, media exchanges, holding of sports tournaments and cessation of hostile propaganda against each other.

10.     The Foreign Secretaries agreed that people of the two countries are at the heart of the relationship and that humanitarian issues should be accorded priority and treated with sensitivity.

11.     The Foreign Secretary of India called on the Minister of State for Foreign Affairs, H.E. Ms. Hina Rabbani Khar.

12.     The Foreign Secretaries will meet again in New Delhi, on a date to be decided through diplomatic channels, to prepare for the meeting of the Foreign/External Affairs Ministers in New Delhi in July 2011.

Sunday, June 19, 2011

Azad Jammu and Kashmir Bank Ltd(AJKB) Inaugurated



27 November 2006
Muzaffarabad: Prime Minister of Azad Jammu and Kashmir Sardar Attiq Ahmad Khan on Monday inaugurated the first commercial bank of the AJK. Talking to journalists, he said AJK would be the economic hub of the region in the near future because of initiation of economic cooperation between the two parts of the region as a result of the ongoing dialogue between Pakistan and India. 'The establishment of the bank will usher in an era of prosperity and stability for the people of the region,' he remarked, adding that it would provide facilities for expatriate Kashmiris. He appealed to oversees Kashmiris to invest in Kashmir to promote tourism, hydropower generation and industries in the area. The bank’s Managing Director Mumtaz Ali said it would begin online and Islamic banking with branches across Kashmir.








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