Information Minister Fawad Chaudhry on Thursday said that the government, in light of recent events, wants to regulate social media, but "this won't be possible until it develops a relationship with "international [social media] giants".
He was speaking at the 'National Security, Nation Building and Mass Media' conference in Islamabad.
Chaudhry said that a few weeks back, when "certain incidents" were taking place in the country, the government considered regulating social media. "Government wants to regulate social media which is not possible without an active collaboration with global social media giants like Facebook, Twitter, Instagram and others."
During his address, Chaudhry said that Pakistan was the most deregulated country in terms of media in the world and added that the biggest danger to media was the business model of media organisations, Radio Pakistan reported.
The information minister said relying on the government to run media businesses was not a feasible idea and said that the government was already under a "heavy burden of debts".
He added that it was not the government's job to support media businesses.
He added that international companies — such as Facebook, Twitter, YouTube and Instagram — have research and development budgets which are more than the total budgets of countries like Pakistan.
"We have to see how much we can cope with international regulations and over time the international regulations will govern the rules of national regulations," he was quoted as saying by Radio Pakistan.
The information minister said efforts are afoot to merge the academies of Radio Pakistan and Pakistan Television Corporation as part of proposed Pakistan Media University that will "act as a main institution to impart training to students as well as working professionals".