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News Topical,Digital Desk : Fearing Indian retaliation after the Pahalgam terror attack, Pakistan has handed over railway stations across the country to the army and military desks have been set up at all stations.
Control of all railway stations in the country was handed over to the Pakistani armed forces
Pakistan's Railway Minister Hanif Abbasi said on Saturday that the control of all railway stations in the country has been handed over to the Pakistani armed forces. Arrangements have also been made to transport military equipment if required. Along with this, Pakistan has started taking emergency measures to ensure the supply of medicines.
Sainik desks set up at all railway stations
Hanif Abbasi said that military desks have been set up at all railway stations. All the equipment of Pakistan Railways is now under the control of Pakistan Armed Forces.
Now our logistics are under the control of the Pakistani armed forces. Now they can use the railways to move tanks, heavy weapons and artillery. All our officials, all stations and every premises of Pakistan Railways are ready to work with the armed forces if needed.
Indus Water Treaty suspended after Pahalgam terror attack
According to Pretr, Pakistani health authorities have initiated emergency measures to ensure medicine supplies in view of the suspension of trade ties with India. Islamabad on Thursday suspended all trade with New Delhi in response to India's decision to suspend the Indus Water Treaty following the Pahalgam terror attack.
Pakistan is dependent on India for raw materials for medicines
Geo News reported that the halt in trade with India has triggered emergency preparations to meet the medicine needs in Pakistan. Currently, Pakistan is dependent on India for 30 to 40 percent of the raw materials used in drug manufacturing. This includes active pharmaceutical ingredients (APIs) and advanced therapeutic products.
Pakistan extended its hand to China
Pakistan Finance Minister Muhammad Aurangzeb said Pakistan has requested China to increase its existing swap line to 10 billion yuan. We hope to launch Panda bonds before the end of the year.
"Pakistan already has a swap line of 30 billion yuan. From our point of view, reaching 40 billion yuan would be a good situation," Aurangzeb told Reuters in an interview on the sidelines of International Monetary Fund and World Bank meetings in Washington.
Let us tell you, the agreement made between central banks to exchange the currencies of their respective countries is called swap line. On the other hand, Panda bond is a means of obtaining loan in Yuan by foreign institutions in China.
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