Islamabad, Aug 28 (IANS): Pakistan on Friday strongly rejected a report published by a US think tank, which claimed that Pakistan has the fastest growing nuclear arsenal in the world.

“The report is utterly baseless,” said Qazi Khalilullah, the foreign office spokesperson, Dawn reported.

“Such reports have the effect of diverting attention from the exponential increase in India’s fissile material stockpiles,” added the spokesperson.

The spokesman stated that as a nuclear state, Pakistan’s policy is characterised by utmost restraint and responsibility.

“Pakistan strictly abides by the concept of credible minimum deterrence and our nuclear programme is only aimed at maintaining peace and stability in South Asia. Pakistan has no desire to engage in nuclear arms race,” stated Khalilullah.

It was also said that Pakistan remains committed to the global objective of disarmament and nuclear non-proliferation.

Pakistan has put forward several initiatives to promote conventional and strategic stability in South Asia, including the proposed Strategic Restraint Regime but India has failed to respond positively towards Pakistani initiatives, according the spokesperson.

Earlier, the Washington Post reported that Pakistan could become the third largest nuclear stock pile within the next five to ten years, behind only the US and Russia, quoting reports published by two American think tanks.

The report published by the Carnegie Endowment for International Peace and the Stimson Center, said that Pakistan, out of its fear of India, was far outpacing its rival neighbour in the development of nuclear warheads and may be building 20 nuclear warheads annually.