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Govt prioritizing blue economy as key economic strategy: PM
September 12, 2024

Prime Minister Shehbaz Sharif says government is prioritizing the blue economy as a central pillar of its economic development strategy.

He was talking to the Secretary General of International Maritime Organization Arsenio Antonio Dominguez Velasco, who called on him in Islamabad.  

The Prime Minister renewed country's firm commitment to work with the international partners and the IMO to contribute to global efforts aimed at reducing maritime emissions.

He highlighted the role of the Special Investment Facilitation Council in attracting investments and introducing modern technologies to advance fisheries and the shipbreaking sector.

He expressed hoped that through these efforts and with the support of IMO and international partners, Pakistan's visibility on the maritime map of the world would be further enhanced.

Shehbaz Sharif underlined Pakistan's desire for expanding fisheries and maritime trade, exploring offshore resources, promoting coastal tourism, and fostering a sustainable shipbreaking industry.

On his part, the Secretary General appreciated the Prime Minister's leadership and Pakistan's proactive approach towards leveraging its maritime resources for economic progress and its role in the global maritime community.

Arsenio Antonio Dominguez Velasco acknowledged Pakistan's active participation in the international maritime community and assured continued support from the IMO in furthering collaboration for sustainable development. 

Earlier, the Prime Minister warmly welcomed Secretary General Velasco and reaffirmed the government’s commitment to strengthening collaboration with the IMO.