Abdul Razak Dawood, Advisor to Prime Minister on Commerce and Investment, on Wednesday said that a strong economy will enhance country’s power and hence will strengthen national security.
He was addressing the Second Session of the Islamabad Security Dialogue. He said that history has shown that economic backwardness leads to social conflicts and political turmoil and thus weakens national security.
The Islamabad Security Dialogue is a two-day Conference organised by the National Security Division. It aims to define the country’s new strategic direction in line with the Prime Minister’s vision of peace, regional connectivity and development partnerships with the world.
Dawood laid out his vision for economic security. He said that economic security consists of inter-connected pillars which are industrial security, energy security, food security, connectivity, financial security and economic diplomacy. He said that a large nation like Pakistan cannot depend on importing and trading but it needs manufacturing based on technology and know-how.