Ishaq Dar, the deputy prime minister, has emphasised how crucial international collaboration is to maintaining maritime stability. Speaking at a Blue Economy conference in Islamabad, Dar underlined that international cooperation is essential to attaining long-term advancement in the maritime industry. The Deputy Prime Minister gave an overview of government initiatives to bring the fishing sector up to date and in line with current norms.

Additionally, he declared that Pakistan will introduce cutting-edge technology into its shipbreaking sector to improve productivity and sustainability for the environment. Dar articulated Pakistan’s aspiration to serve as a focal point for regional marine transportation in the future. He promised that advancements in the nation’s port industry would help achieve this objective. He informed the assembly that sales tax on fisheries processing facilities and fisheries seeds had already been eliminated by the administration.

Speaking about the great investment potential the nation’s ports provide, he stated that the oceans maintain over 85% of world trade and are essential to the realisation of the sustainable development plan. According to Dar, Pakistan is a maritime nation and sees the Arabian Sea as its fifth neighbour and an essential part of its strategic and economic framework. Pakistan’s distinct geographic and geopolitical location presented enormous commerce opportunity, and its economic zones provided chances for seaside tourism aquaculture, biotechnology, energy, and health.

According to him, Pakistan is turning its ports into major hubs for both domestic and foreign trade. To increase port efficiency, a maritime single window for green transhipment is in place. Despite Pakistan’s negligible contribution to carbon emissions, the deputy prime minister emphasised the effects of climate change on the nation, such as the flash floods of 2022, and stated that the government was dedicated to developing green corridors and low-carbon alternative fuels.

He informed the audience that the government was implementing a number of reformative initiatives, including the privatisation of airlines and the outsourcing of major airports, and that there were numerous investors in the queue for the ports sector.

He emphasised the situation in Gaza, where Israel’s brutality persisted despite the resolutions made by the UN, and warned that the system would collapse if the international procedures failed to function According to him, Pakistan is turning its ports into major hubs for both domestic and foreign trade. To increase port efficiency, a maritime single window for green transhipment is in place.

Despite Pakistan’s negligible contribution to carbon emissions, the deputy prime minister emphasised the effects of climate change on the nation, such as the flash floods of 2022, and stated that the government was dedicated to developing green corridors and low-carbon alternative fuels.

He informed the audience that the government was implementing a number of reformative initiatives, including the privatisation of airlines and the outsourcing of major airports, and that there were numerous investors in the queue for the ports sector.

He emphasised the situation in Gaza, where Israel’s brutality persisted despite the resolutions made by the UN, and warned that the system would collapse if the international procedures failed to function.According to him, Pakistan is turning its ports into major hubs for both domestic and foreign trade. To increase port efficiency, a maritime single window for green transhipment is in place.

Despite Pakistan’s negligible contribution to carbon emissions, the deputy prime minister emphasised the effects of climate change on the nation, such as the flash floods of 2022, and stated that the government was dedicated to developing green corridors and low-carbon alternative fuels.

He informed the audience that the government was implementing a number of reformative initiatives, including the privatisation of airlines and the outsourcing of major airports, and that there were numerous investors in the queue for the ports sector.

He emphasised the situation in Gaza, where Israel’s brutality persisted despite the resolutions made by the UN, and warned that the system would collapse if the international procedures failed to function UN General Assembly and UN Security Council.