Karachi: Chief of the Naval Staff Admiral Zafar Mahmood Abbasi has said that Pakistan’s geo-strategic location, at the cross-road of world energy routes offers a unique opportunity to achieve economic affluence by initiating economic activities in maritime domain
While addressing the representatives of business community during the visit of head office of Korangi Association of Trade and Industry (KATI), Chief of Naval Staff highlighted the role of economic security in overall security construct of the country. He emphasized that robust and strong national economy is a fundamental driver for national security.
He said that Pakistan has huge maritime potentials and there is a dire need to explore and tap these resources by boosting local industry and creating opportunities of undertaking joint ventures, he added. While highlighting the importance of China Pakistan Economic Corridor (CPEC), the Naval Chief said that it will act as a catalyst to boost Pakistan’s economy.
