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The US imposed sanctions on four Pakistani entities. These entities supported Pakistan's ballistic missile program.

The sanctions target the National Development Complex and three private companies. These companies supplied equipment and items for long-range missiles. The US expressed concerns about Pakistan's missile development. They will continue to engage with Pakistan on this issue

Pakistan has denounced new US sanctions on the country’s ballistic missile programme as “discriminatory” and said they put the region’s peace and security at risk.

Pakistan’s Ministry of Foreign Affairs on Thursday warned in a statement that the sanctions “have dangerous implications for strategic stability of our region and beyond”.

US Deputy National Security Advisor Jon Finer said the missile programme could allow Pakistan to strike targets "well beyond South Asia, including in the US".

The list includes

1. The National Development Complex (NDC): The complex is located in Pakistan’s capital Islamabad and has worked towards acquiring items in furtherance of Pakistan’s long-range ballistic missile program - including special vehicle chassis intended to be used as launch support equipment for ballistic missiles and missile testing equipment. “The United States assesses NDC is responsible for Pakistan’s development of ballistic missiles, including the SHAHEEN-series ballistic missiles,” the department said

2. Akhtar and Sons Private Limited: The company is located in Karachi. The department claimed that it worked for NDC to supply a range of equipment to help with the program

3. Affiliates International: The entity is also located in Karachi and has facilitated procurements of missile-applicable items for NDC and others in support of Pakistan’s ballistic missile program.

4. Rockside Enterprise: The department claimed that the company located in Karachi has also supplied equipment to NDC

# Club World Cup: A New Era of Global Football

The FIFA Club World Cup is set to usher in an exciting new format starting from the 2025 edition, creating a more competitive and globally inclusive tournament. The revamped structure will feature 32 teams competing at venues within the host nation, offering a thrilling spectacle for football fans around the world.

### **The New Format**
The updated format reflects FIFA’s ambition to elevate the tournament’s prestige, akin to that of the FIFA World Cup. The participating 32 teams will represent a balanced distribution from across the globe:

- **12 teams** from Europe
- **6 teams** from South America
- **4 teams** each from Asia, Africa, and North, Central America, and the Caribbean
- **1 team** from Oceania
- **1 additional team** from the host nation

The competition will begin with eight groups of four teams, each playing three group-stage matches in a round-robin format. The top two teams from each group will progress to the knockout stages, starting with the Round of 16, followed by quarter-finals, semi-finals, and the grand finale.

### **A Global Showcase**
The new format aims to provide greater opportunities for clubs from underrepresented regions, ensuring a broader representation of footballing talent. The inclusion of teams from diverse continents promises to enhance the tournament's appeal and competitiveness, offering a true global showcase of the sport.

### **Historical Highlights**
Since its inception, the FIFA Club World Cup has been a stage for football’s elite clubs to compete for global supremacy. **Real Madrid** leads the pack with a record five titles, epitomizing European dominance in the tournament. Spanish teams have clinched the trophy eight times—more than any other nation—while English clubs hold the distinction of having the most diverse pool of winners, with four different teams lifting the trophy.

South American teams, led by Brazilian clubs, have also made their mark, with Corinthians’ victory in the inaugural 2000 edition standing out as the best performance by a host nation’s domestic champions.

### **The Reigning Champions**
The 2023 edition saw **Manchester City** claim their maiden Club World Cup title with a resounding 4–0 victory over Brazilian giants **Fluminense** in the final. The win capped off a remarkable season for the English club, solidifying their place among the world’s elite.

### **Looking Ahead**
The expanded 2025 edition promises to be a turning point for the FIFA Club World Cup, providing a platform for clubs from across the globe to shine on the world stage. By bringing together teams from diverse footballing traditions, the tournament is set to deliver a blend of high-stakes competition and cultural celebration, uniting fans and players alike in the spirit of the beautiful game.

As the countdown begins for the 2025 Club World Cup, football enthusiasts can look forward to a tournament that not only crowns the best club in the world but also celebrates the global unity and passion that define football.

Respected Mr. Jhalnath Khanal,

Your assertion that the Belt and Road Initiative (BRI) is beneficial for 153 countries raises an important point of discussion. While the concept of regional connectivity and infrastructure development is appealing, the ground realities in many countries tell a different story. Here's why concerns about Nepal falling into a "debt trap" under BRI cannot be dismissed lightly:

Examples of Debt Trap in Other Countries:

Sri Lanka: The Hambantota Port serves as a cautionary tale. Unable to repay its debt to China, Sri Lanka had to lease the port to a Chinese company for 99 years, compromising its strategic and economic sovereignty.
Pakistan: Under the China-Pakistan Economic Corridor (CPEC), a BRI project, Pakistan accumulated significant debt, leading to severe financial strain and dependency on Chinese funds for repayment.
Zambia: Excessive borrowing for infrastructure projects under the BRI led Zambia to default on loans, with concerns that China might take over its national assets, including critical infrastructure like airports and power grids.
Laos: Laos is now heavily indebted due to a $6 billion BRI railway project, representing nearly half of the country’s GDP, raising fears of losing control over key national assets.
High-Interest Loans and Lack of Transparency: BRI loans often come with high interest rates compared to other international financial institutions like the World Bank or Asian Development Bank (ADB). This raises questions about the sustainability of such projects for countries with weaker economies like Nepal.

Loss of Sovereignty: Accepting Chinese loans often involves clauses that allow China to exert influence over national policies. The risk for Nepal is that critical assets or policies could become compromised if loans are defaulted.

Impact on Nepal's Economy: Nepal's fragile economy, reliant on remittances and tourism, might struggle to generate the revenue needed to service high-interest loans. With limited export potential, Nepal risks being overburdened by debt without proportional economic benefits from these projects.

Alternative Approaches for Development: Instead of taking on risky loans, Nepal could focus on diversifying its partnerships with international organizations like the World Bank, ADB, or countries with transparent and concessional funding mechanisms. This would ensure sustainable development without risking sovereignty.

In conclusion, while the BRI might seem beneficial on the surface, its implementation in several countries has revealed significant challenges, including debt dependency, loss of strategic assets, and compromised national policies. Nepal must carefully assess these risks and learn from the experiences of other nations to safeguard its economic sovereignty and long-term prosperity.