Islamabad-Foreign Minister Shah Mahmood Qureshi said Tuesday that with the existent escalation of strategical contention among planetary powers undermining satellite bid and making diplomacy unpredictable, Pakistan has shifted its absorption from geopolitics to geoeconomics.
“This has made economical diplomacy each the much important,” helium said portion speaking astatine the Margalla Dialogue Forum 2021 – Foreign Policy Challenges of the Future successful a Changing Geopolitical Landscape, organised by the Islamabad Policy Research Institute (IPRI).
In his address, the FM spoke astatine magnitude connected assorted issues concerning Pakistan’s overseas argumentation and diplomacy, including the humanitarian concern successful Afghanistan, bilateral relations with China, the United States, Russia, and India, arsenic good arsenic the value of a conscionable solution of the Jammu and Kashmir quality for determination peace.
“Indeed, we unrecorded successful a clip of uncertainty. The satellite bid seems to beryllium successful a authorities of terrible accent and disarray. In these times, overseas argumentation and geopolitics are mostly linked to geo-economics. From present on, the system is successful galore ways our strategical compass, with a ascendant beingness arsenic a precedence of overseas policy,” helium remarked.
The FM said that positioning Pakistan arsenic a geoeconomic centre with unparalleled determination connectivity has to travel arsenic a mindset from the apical down.
“Indeed, we live in a time of uncertainty. The world order seems to be in a state of severe stress and disarray. In these times, foreign policy and geopolitics are largely linked to geoeconomics. From here on, the economy is in many ways our strategic compass, with a dominant presence as a priority of foreign policy,” he remarked.
The FM said that positioning Pakistan as a geoeconomic centre with unparalleled regional connectivity has to come as a mindset from the top down.
“We have had to reset the existing geopolitical mindset and embrace the importance of geoeconomics,” he added.
The Foreign Minister said that as Pakistan was the fifth most populous nation, with 220 million people, some 64% of its population was below the age of 30, and according to estimates by Forbes and UNDP, approximately 80 million were middle class.
He stressed that we need to tap into this growing human capital and our abundant natural resources.
FM Qureshi, highlighting the benefits of a focus on geoeconomics, shared with the audience that as of November 2021, Pakistan’s exports to the UK had grown 28% in a COVID year.
The Foreign Minister said that Prime Minister Imran Khan’s imaginativeness and roadmap for the Ten Billion Tree Tsunami and Clean Green Pakistan volition spell a agelong mode successful making Pakistan a exemplary state to combat clime alteration and its impact.
He mentioned Pakistan’s important efforts successful promoting interfaith harmony and tolerance, adding that the Prime Minister had alerted the satellite continually astatine the highest forums astir the menace posed to satellite bid by Islamophobia and misguided notions of radical superiority.
”True to our commitment, we sponsored a solution astatine the 47th OIC Council of Foreign Ministers gathering successful Niamey successful 2020. The solution inter-alia called for the declaration of March 15th arsenic the International Day to Combat Islamophobia,” helium added.