Pakistan, Oct. 6 -- Prime Minister Shehbaz Sharif on Monday stressed the vital role of the private sector in driving economic growth, urging business leaders from Pakistan and Malaysia to seize new opportunities for bilateral trade and investment.

Addressing the Pakistan-Malaysia Business and Investment Conference, the prime minister emphasized that governments could only create enabling environments, but real progress depended on private enterprise.

"It is the private sector that must drive the engine of growth," the prime minister said adding "Governments can only lay the foundation and provide a framework, business should be run by business houses, enterprises, and experts, not government."

The conference, attended by Malaysian Prim...