DUBAI: Pakistan’s Prime Minister Shehbaz Sharif has stated that durable and just peace in the Middle East can only be achieved by resolving the Palestine issue in accordance with relevant United Nations resolutions.
Addressing the World Governments Summit in Dubai on Tuesday he expressed the hope that the genocidal operations will be followed by lasting peace.
He said Pakistan believes that durable and just peace is only possible through a two-state solution in accordance with the relevant UN resolutions for the creation of an independent state of Palestine with pre-1967 boundaries and Al-Quds Al-Sharif as its capital, Radio Pakistan reported.
He said that the meeting is taking place at a time when Gaza is trying to emerge from the effects of the deadly war. He added that 50,000 Palestinians were martyred in the Gaza operation.
The premier said multilateral institutions should support emerging economies like Pakistan in achieving sustainable growth. He said Pakistan is fully committed to mobilising domestic resources and policy reforms.
However, international partnerships and financial support remain critical to achieving this goal as the global shift to a green economy requires a shared responsibility. He said Pakistan’s energy transition alone demands hundred billion dollars in investment.
Shehbaz Sharif said Pakistan is committed to achieving a sixty percent clean energy mix by 2030 and transitioning thirty percent of all vehicles to electric mobility.
The Prime Minister said that Dubai is the economic hub of the future, Uraan Pakistan is an important step in economic development, taxes are being reduced to promote solar energy, and the inflation rate has come down to 2.4.
He said we are rapidly scaling up solar, wind, hydropower, and nuclear energy. Our southern regions hold fifty thousand megawatts of untapped wind energy potential, while northern hydropower projects will add 13,000 megawatts of clean energy capacity.
He said solar energy adoption is being accelerated through policy reforms, tax exemptions, investment, incentives, net metering, and waiving off customs duty on solar panels and other equipment.
Prime Minister Muhammad Shehbaz Sharif addresses the World Governments Summit 2025 in Dubai.
Prime Minister Muhammad Shehbaz Sharif met with the President of Sri Lanka, H.E. Mr. Anura Kumara Dissanayake on the sidelines meeting of the World Government Summit in Dubai.
Both… pic.twitter.com/6pWCIW82OI
— Government of Pakistan (@GovtofPakistan) February 11, 2025
The Prime Minister said Pakistan offers one of the most dynamic investment landscapes in Asia with seventy percent of its dynamic young and tech-savvy population under the age of thirty. He said Pakistan’s strategic location bridges south and central Asia.
He said with an emerging middle class, Pakistan’s economy presents promising opportunities. He said the government is simplifying business regulations, enhancing legal protections and streamlining investment approvals to make Pakistan a leading destination for global capital.
