Pakistan’s economic future hinges on CPEC with Gwadar port its main component: PM Shehbaz


ISLAMABAD, JUN 25: Prime Minister Shehbaz Sharif on Saturday said Pakistan’s economic future was linked to the success of the China-Pakistan Economic Corridor (CPEC) with Gwadar port as its “main component” and to achieve that end, the role of the Pakistan Navy was key. At the passing out parade of the 117th Midshipman and 25th Short Service Commission course at Pakistan Naval Academy in Karachi earlier today, he stressed the need for a “strong and vibrant” navy had become more important than ever before because of the growing blue economy, marine security and strategic defence.

“The maritime domain is continuously evolving due to technological advancements and changing geopolitical realities,” the premier said, noting that these changes were taking place both globally and regionally.

“And I am glad that Pakistan Navy with its available resources continues to perform and fulfil our international obligations most effectively,” he remarked.

PM Shehbaz highlighted that economic progress in the country could only take place in a peaceful environment. “It is, therefore, our government’s resolve to make all necessary resources available to strengthen Pakistan Navy for making the seaward defence impregnable.”

He further lauded the navy for rapidly developing its indigenous capability and extending joint ventures with neighbouring countries.

“Let me assure you that the nation stands behind you and shall ensure that Pakistan Navy is equipped with the latest technology and equipment to protect our maritime interest.”