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KARACHI: President Dr Arif Alvi today (Saturday) has asserted that Pakistan would adopt a responsible strategy on blue economy for the sustainable use of ocean resources for the benefit of mankind.
He was addressing the inaugural session of 9th International Maritime Conference in Karachi. The Conference titled ‘Development of Blue Economy under a secure and sustainable environment’ aimed at analyzing various facets of the ocean economy.
The delegates from over 35 navies of the world gathered at the platform to discuss the opportunities provided under the blue economy and suggest solutions based on emerging technology and innovations.
Addressing the session, the President said that Pakistan was transforming into a geo-economic hub and taking effective steps on the blue economy for improved livelihoods while preserving the health of the ocean ecosystem.
He emphasized the interest of mankind in renewable energy, fisheries, food security, transport, tourism and climate change, which he said, demanded international cooperation to avoid exploitation of oceans.
“For the blue economy to thrive, the world needs to bring an end to irresponsible exploitation of oceans,” he said. He also stressed the need for ‘inverted pyramid’ with a serious paradigm shift required in the thinking of mankind to stop the exploitation of waters.
“Whether blue or brown economy, all depends upon peaceful cooperation which should lead to the common prosperity of the globe,” he added.