Prime Minister Shehbaz Sharif underlined the need to establish an independent Palestinian state, with Jerusalem as a capital, in his speech at the World Summit of Governments in Dubai on Tuesday.
He said it is vital in accordance with the United Nations resolutions and added that sustainable peace in the region is only achievable by a two -state solution.
In his speech, Prime Minister Shehbaz underlined the devastating loss of life in Gaza, where more than 50,000 Palestinians were martyred in the midst of what he described as an act of genocide.
Climate funding and technological support
Prime Minister Shehbaz has also called for better global cooperation in climate funding and technology sharing, highlighting the need for governments to take collective measures to combat climate change. He urged private investors to explore opportunities in the Pakistan energy and infrastructure sectors.
The PM highlighted the importance of multilateral institutions supporting emerging economies like Pakistan to achieve sustainable development.
He said Pakistan is committed to mobilizing internal resources and implementing political reforms, Prime Minister Shehbaz stressed that international partnerships and financial support are essential to the country’s green transition. He noted that the energy transition of Pakistan alone requires an estimated investment at $ 100 billion.
It has reaffirmed Pakistan’s commitment to reach a mixture of energy specific to 60% by 2030 and in transition 30% of all vehicles with electric mobility. He stressed that the country quickly extends its renewable energy sources, including solar, wind, hydroelectric and nuclear energy.
In particular, the southern Pakistan regions contain 50,000 megawatts of unexploited wind energy potential, while hydroelectric projects in the northern regions will add 13,000 megawatts of clean energy capacity.
Investment center
In addition to environmental measures, the PM has highlighted Pakistan’s growth potential as an investment center. He noted that the country offers one of the most dynamic investment landscapes in Asia, with 70% of its population under the age of 30, a young and informed workforce of technology.
The strategic location of Pakistan folds the South and Central Asia, offering promising opportunities for investors, especially because the emerging middle class fuels economic growth.
