Islamabad (TDI): Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, has called for economic diplomacy to ensure Pakistan’s long-term stability.
He was speaking at an event titled “Pakistan and the Evolving Global Order” in Islamabad on Wednesday.
The event was organized by the Institute of Strategic Studies. In his keynote address, the minister stressed Pakistan’s importance in the changing global landscape.
During his address, the minister said the country must focus on economic strength to succeed in the 21st century.
“Economic power defines a nation’s success today,” he said. He pointed to the examples of the United States and China, highlighting how economic growth shaped their influence.
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Iqbal said Pakistan’s geographical location makes it a gateway between South Asia, Central Asia, and the Middle East, calling this a unique advantage that could turn Pakistan into a hub for trade, energy, and connectivity.
He praised the China-Pakistan Economic Corridor (CPEC) for boosting the economy, noting that the BRI’s flagship project has created jobs and opened paths for development. He also urged more investment in renewable energy, especially solar power.
Iqbal discussed ways to introduce Pakistan’s textile industry to global markets. He said the industry has great potential due to its rich heritage. He also pledged to make Pakistan a centre for IT investments by improving infrastructure and supporting businesses.
“Asia is becoming the world’s economic centre. Pakistan can attract global investors,” he said. He added that economic diplomacy is key to Pakistan’s success in regional trade and investment.
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The minister stressed the need to strengthen trade ties with China, the US, the EU, and Gulf countries. He called for new ideas to boost cooperation and urged consistent policies to ensure economic stability.
He said Pakistan’s economy is recovering. Exports are rising, and foreign investment is increasing. The government, he said, is working to achieve sustainable growth.
In his closing remarks, Iqbal reaffirmed the government’s commitment to reforms. He said Pakistan is ready to grow in renewable energy and IT sectors. “Pakistan can be a leader in shaping a fairer, more inclusive global order,” he said.
He urged policymakers to work together for a prosperous and stable future.
