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ISLAMABAD: Prime Minister Shehbaz Sharif declared the “blue economy” as Pakistan’s new economic frontier, calling for a unified national effort to develop the maritime sector at the soft launch of the 2nd Pakistan International Maritime Expo and Conference (PIMEC 2025).

Speaking at the event, Mr Sharif highlighted Pakistan’s strategic position with over 1,000 kilometres of coastline at the crossroads of vital sea lanes, positioning the country to harness the trillion-dollar global blue economy.

“Even tapping a fraction of this economy could be a real game-changer,” he said, noting that Pakistan’s coastal trade already brings in nearly $7 billion a year. “Just imagine the potential if we fully develop this sector.”

Turning to national security, Mr Sharif commended the Pakistan Navy for safeguarding the country’s coastal areas during recent........

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