Regional peace prerequisite to economic development: Nawaz Sharif
SANYA: Prime Minister Nawaz Sharif has urged the Asian countries to wage coordinated efforts for realization of the goal of economic prosperity. He was delivering his keynote address at the Boao conference in China's Hainan province Thursday. Nawaz said top priority should be given to the resolution of disputes as regional peace is a prerequisite to economic development. The Prime Minister particularly appreciated China's economic revival and growth in the last several years. Nawaz Sharif said the Asian countries should particularly focus on regional connectivity to strengthen mutual contacts through road, sea, and train links. He said Pakistan-China Economic Corridor would open new avenues for the development in the region. The Prime Minister said the Asian countries should take effective steps to tap the energies of their youth.He said the Pakistani government has started the Prime Minister's Youth Business Loans scheme and announced scholarship for youth to integrate the youth into the national economic mainstream.Nawaz Sharif said the government is also concentrating on overcoming the energy shortfall to ensure its economic development.The Prime Minister said Pakistan has emerged from the lengthy war on terror, which has negatively affected its economy, trade and industry.Chinese Prime Minister Li Keqiang in his speech has called for strengthening of cooperation among the Asian countries.He stated this while inaugurating the Boao conference in China's Hainan province this morning. It has been organised by Boao Forum for Asia.The Chinese Premier said that development remains the top priority of the Asian countries.He emphasized the need for shared interest and common development of the regional countries.Li Keqiang said Boao Forum is significant for the economic development of Asia.
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