Pakistan Prime Minister Nawaz Sharif on Friday said that solution to all outstanding issues, including Kashmir dispute, with India lied in dialogue.

Sahrif said this while addressing a joint sitting of the Pakistan-adminstered Kashmir Legislative Assembly and PaK Council in Muzaffarabad.

"He said prosperity and development in South Asia would remain a dream till peaceful resolution of issues," Radio Pakistan reported.

Quoting Sharif, the report said Sharif expressed the hope that comprehensive bilateral dialogue process between Pakistan and India would move forward in the days to come.

"Pakistan is ready to cooperate with India on every matter, including terrorism. Pakistan wants peace in entire South Asia, of which Kashmir is an important part," the report quoted Sharif as saying.

Sharif said it is the matter of UN's authority and prestige to solve the issue of Kashmir according to its resolutions.

"Pakistan has tried to give a new vision to the region aimed at bringing peace to the area. He said China-Pakistan Economic Corridor is a part of these efforts," added the report.

"Turning to AJK's development, the prime minister assured that the corridor would also benefit AJK and Gilgit-Baltistan. He announced 250 million rupees for developmental projects in Azad Kashmir," it said.

Welcoming Sharif, Speaker PaK Legislative Assembly Ghulam Sadiq said the visit of Prime Minister Nawaz Sharif to express solidarity with the Kashmiri people will "give impetus to struggle against Indian occupation."

Speaking on the occasion, PaK Prime Minister Ch Abdul Majeed lauded the Prime Minister Nawaz Sharif for taking a clear stance on Kashmir in the United Nations, it said.

In his speech, leader of the opposition Raja Farooq Haider said Pakistan is a source of strength and hope for Kashmiris in their just liberation struggle, it added.(Agencies)