• Download the Constitution of Pakistan
  • Advertise
Sunday, December 21, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Naval Chief Highlights Pakistan’s Economic Future as Tied to Maritime Security

by Alina Fida
November 26, 2024
in Business, Main, New, News, Pakistan
Reading Time: 2 mins read
0
Naval Chief Highlights Pakistan’s Economic Future as Tied to Maritime Security

Naval Chief Highlights Pakistan’s Economic Future as Tied to Maritime Security

Share on FacebookShare on TwitterLinkedinWhatsapp

Pakistan’s Chief of Naval Staff, Admiral Naveed Ashraf, underscored the critical importance of maritime security for the nation’s economic growth, stressing the need to address emerging challenges in the Indian Ocean Region. His remarks came on Monday as he announced the Seventh Maritime Security Workshop, set to take place from November 26 to December 5 at the Pakistan Navy War College in Lahore.

Admiral Ashraf highlighted that Pakistan’s economic prospects are “inextricably linked to the sea,” which he described as humanity’s “last reservoir for sustenance.” He called for a secure maritime environment to enable trade and economic growth, emphasizing the need for cooperation, innovation, and vigilance to tackle the unprecedented challenges in the Indian Ocean Region.

These challenges, according to Admiral Ashraf, include rising geopolitical tensions, nuclearization, transnational threats, and the rapid pace of technological advancements.

“The country’s maritime domain holds immense potential to drive socio-economic prosperity through the blue economy,” he said, noting that maritime resources could serve as a cornerstone for national development if adequately harnessed.

The naval chief’s remarks also coincide with Pakistan’s recent strategic offer to provide landlocked Central Asian nations access to its ports, enabling them to conduct trade via sea routes. This initiative reflects Pakistan’s ambition to establish itself as a pivotal hub for regional economic activity.

“Our rich maritime resources offer tremendous opportunities for economic growth,” Admiral Ashraf said, urging stakeholders to work collectively toward a secure and stable maritime environment that benefits both Pakistan and the global community.

He concluded by emphasizing the need to balance policy innovation with practical measures to protect Pakistan’s maritime interests, stating, “Securing our maritime domain is not just a priority but a necessity for sustainable economic progress.”

Tags: latestPakistan

Alina Fida

Related Posts

World Bank New

World Bank Approves $700m Financing for Pakistan

by Anum Arif
December 20, 2025
0

According to a statement issued on Saturday, the PRID-MPA is a results-based program that will disburse funds only after agreed...

Anarkali Bazaar

Anarkali Bazaar – Lahore’s Historic and Cultural Hub

by Hassan Mustafa Bajwa
December 20, 2025
0

Anarkali Bazaar is one of Lahore’s most iconic historic markets, renowned for its vibrant shopping experience, traditional Pakistani clothing, and...

Pak and Australia

PM Shehbaz Seeks Stronger Trade Ties with Australia

by Anum Arif
December 19, 2025
0

Prime Minister Shehbaz Sharif on Friday welcomed the positive trajectory of Pakistan-Australia relations and underscored the importance of expanding bilateral...

Justice Jehangiri

IHC Orders Removal of Justice Tariq Mehmood Jahangiri

by Anum Arif
December 18, 2025
0

The Islamabad High Court (IHC) on Thursday ordered the removal of Justice Tariq Mehmood Jahangiri from office, ruling that he...

Aurangzeb

Pakistan, Russia Discuss Oil-Sector Deal

by Anum Arif
December 16, 2025
0

Pakistan and Russia are in talks over a potential agreement in the oil sector, Finance Minister Muhammad Aurangzeb told Russia’s...

Justice Jehangiri

IHC Judge Flags Conflict of Interest in Degree Case

by Anum Arif
December 15, 2025
0

Justice Tariq Mehmood Jahangiri of the Islamabad High Court on Monday objected to Chief Justice Sardar Muhammad Sarfraz Dogar’s inclusion...

Next Post
Pakistan’s Squash Stars Asim Khan and Noor Zaman Set for Cape Town Open

Pakistan’s Squash Stars Asim Khan and Noor Zaman Set for Cape Town Open

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters