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HomeNewsPakistan Economic Future Hinges on CPEC: PM Shehbaz

Pakistan Economic Future Hinges on CPEC: PM Shehbaz

Pakistan’s economic future depends on CPEC, of ​​which Gwadar port is a key component: Prime Minister Shahbaz.

Prime Minister Shahbaz Sharif on Saturday said that Pakistan’s economic future is linked to the success of the China-Pakistan Economic Corridor (CPEC) in which the port of Gwadar is a “core component” and the Pakistan Navy is committed to achieving this goal. ‘S role is key.

Earlier today in the passing out parade of the 117th Midshipman and 25th Short Service Commission Course at the Pakistan Naval Academy in Karachi, he stressed the need for a “strong and dynamic” navy. Because of the growing blue economy, marine security and strategic defense.

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“The maritime domain is constantly evolving due to technological advances and changing geopolitical realities,” the Prime Minister said, adding that these changes are taking place both globally and regionally.

“I am pleased that the Pakistan Navy is effectively fulfilling its international obligations with its available resources,” he said.

Prime Minister Shahbaz Sharif said that economic development in the country can be achieved only in a peaceful environment. “Therefore, our government is committed to providing all the necessary resources to strengthen the Pakistan Navy to make maritime defense invincible.”

He also lauded the Navy for rapidly developing its local capabilities and expanding joint ventures with neighboring countries.

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“I assure you that the nation stands behind you and will ensure that the Pakistan Navy is equipped with the latest technology and equipment to protect our naval interests.”

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