President stresses enhanced Pak-Somalia ties in trade

President asks insurance company to pay Rs 1.2 million to the widow of policyholder

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Islamabad: President Dr Arif Alvi has called for strengthening bilateral relations between Pakistan and Somalia in all areas of mutual interest, particularly trade and economy. He said that Pakistan had initiated the ‘’Look Africa Policy’’, which would further boost bilateral relations with all African countries. The President expressed these views while talking to the outgoing Ambassador of Somalia to Pakistan, Mrs Khadija M. Almakhzoumi, who paid a farewell call on him, at Aiwan-e-Sadr.

Talking to the outgoing envoy, the President thanked Somalia for participating in the two sessions of the Council of Foreign Ministers of OIC Countries in Islamabad. He underscored the need for increasing the exchange of parliamentary delegations between the two countries and invited the Somali Parliamentarians to benefit from the Parliamentary Services Program offered by the Pakistan Institute of Parliamentary Service (PIPS), Islamabad. He highlighted that Pakistan eagerly welcomed African students and a large number of Somali students were already enrolled in Pakistani academic institutions. He further stated that Pakistan was host to a sizeable number of Somali refugees and was desirous of their safe and early return to their homes.

The President appreciated the services of the outgoing envoy in promoting bilateral ties between the two countries and conveyed his best wishes for her future responsibilities. Meanwhile to another official commitment, President Dr Arif Alvi has asked Jubilee Life Insurance Co. Ltd to pay Rs 1.2 million to the widow of a deceased policyholder. The company had ignored the payment of Rs 1.2 million as the unit price of the policy and simply returned an amount of Rs. 4.5 million, deposited by her late husband as premium, to the widow.

Mst. Iffat Naheed (the complainant) had filed a representation with the President against the order of the Federal Insurance Ombudsman (FIO) which had ordered the case to be closed as the insurance company had refunded Rs 4.5 million in an alleged amicable settlement to the widow. While accepting the widow’s plea, the President held that the company after having invested the money of the policyholder in business must have earned considerable profits and it would be unjust to deprive the complainant of his contribution to the earned profits as per the principle of economic and distributive justice enshrined in the preamble of Pakistan’s Constitution, 1973.

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