ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday called for a comprehensive strategy to equip Pakistan’s youth with professional skills tailored to international job markets while chairing a meeting on youth employment and skill development in Islamabad.
Estimates suggest that approximately 64 percent of Pakistan’s population is under the age of 30, offering a significant opportunity to drive economic growth through a young workforce contributing to entrepreneurship, innovation and diversification.
However, this youth bulge also poses challenges, including high unemployment rates, limited access to quality education and vocational training and the risk of social unrest due to underutilized potential.
The government, striving to stabilize the economy, has actively sought both domestic and foreign investment while engaging friendly nations, particularly in the Gulf region, to provide employment opportunities for young Pakistanis, especially in the field of information technology.
“It is essential to equip the youth with professional skills to increase employment opportunities,” Sharif was quoted as saying in a statement released by his office after he chaired a meeting of the Prime Minister’s Youth Program.
“Pakistan’s future is linked to the development of the IT sector,” he continued while directing the formation of a strategy aligned with the demands of the markets in friendly countries to provide overseas employment to young Pakistanis.
The prime minister emphasized the government’s focus on promoting the private sector to address domestic unemployment.
“The government is actively working on a policy to promote the private sector and address unemployment in the country,” he said.
He also called for action against fraudulent and unlicensed companies offering overseas employment, noting the need for stricter regulation to protect workers.
During the meeting, Sharif was briefed on the upcoming launch of the Prime Minister Digital Youth Hub, a platform designed to provide information on employment and other services to young people.
He directed the platform be made user-friendly and available not only in English but also in Urdu and other regional languages.

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday expressed hope a newly inaugurated border crossing between Pakistan and Iran in Panjur would encourage legal trade between the two neighboring states and help curb smuggling, which has long plagued the region.

Pakistan and Iran have intensified efforts in recent years to expand bilateral trade by establishing border markets and implementing barter trade mechanisms.

In April last year, Iran’s late President Ebrahim Raisi described the existing trade volume between the two countries as “not acceptable” during his visit to Pakistan. He said his government had agreed with Islamabad to boost bilateral trade to $10 billion within the foreseeable future.

In the absence of adequate formal trade, smuggling has become a significant issue along the porous 959-kilometer border, where local communities on both sides often rely on the illicit trade of goods, particularly Iranian fuel.

“A new crossing has been inaugurated at the Pakistan-Iran border in Panjgur, which will promote legal trade and help curb smuggling,” Sharif said during a federal cabinet meeting in Islamabad, referring to the new opening this month in the Kohak-Cheedgi area of Panjgur. “I thank our brotherly country Iran for their full cooperation in this regard.”

International sanctions, particularly those imposed by the United States, have significantly hampered economic collaboration between the two countries. This is particularly evident in the shape of the stalled Iran-Pakistan gas pipeline project. While Iran completed its section in 2011, Pakistan halted construction due to fears of US sanctions, stalling a project that could have alleviated Pakistan’s energy shortages.

According to the Institute for Strategic Studies, Research and Analysis, a local think tank in Islamabad, trade between the two countries has also suffered owing to the same reason.

Iran’s exports to Pakistan were approximately $1.4 billion in 2022, while Pakistan’s exports to Iran stood at $842.8 million.

The think tank also says Iran’s exports to Pakistan have grown at an annual rate of 13.5 percent over the past 24 years, whereas Pakistan’s exports to Iran have declined by up to 44 percent annually.

During Raisi’s visit, both sides signed memoranda of understanding and agreements covering fields such as trade, science, technology, agriculture, health and culture.

The visit was also seen as a step toward mending fences between the two nations, which had experienced strained ties following unprecedented tit-for-tat missile strikes earlier that year.