Pakistan's military has announced the successful test-firing of a new, domestically developed ship-launched anti-ship missile.

In a statement, the military confirmed the missile "accurately engaged its target with high speed at extended range" during a live firing exercise. The event was witnessed by Chief of the Naval Staff Adm. Naveed Ashraf, alongside scientists and engineers involved in the programme.

The military said the missile improves on earlier systems with an advanced guidance package and enhanced manoeuvrability designed to "evade threats, adapt to dynamic conditions and deliver with precision and lethality," calling the launch a demonstration of the country's precision-strike capability.

The military statement underscored the navy's commitment to maintaining "credible sea-based deterrence" in the conventional domain and ensuring maritime security and stability in the region.

Pakistan's military frequently tests its domestically developed missiles, with its programme largely aimed at countering potential threats from neighbouring India.

Meanwhile, Pakistan's army chief is set to meet with Iranian officials in Tehran on Thursday in a bid to ease tensions in the Middle East and arrange a second round of negotiations between the United States and Iran after almost seven weeks of war.

The White House said any further talks would likely take place in the Pakistani capital of Islamabad, though no decision had been made on whether to resume negotiations.

The US naval blockade of Iranian ports continued as US treasury secretary Scott Bessent said the Trump administration would ramp up economic pain on Iran with new economic sanctions on countries doing business with it, calling the move the "financial equivalent" of a bombing campaign.

Pakistan has emerged as a key mediator after it hosted direct talks between the US and Iran in Islamabad that authorities said helped narrow differences between the two sides.

Mediators are seeking a new round before the ceasefire expires next week.

Meanwhile, Mr Trump wrote late Wednesday on Truth Social that leaders from Israel and Lebanon would speak the next day in a renewed effort to broker a ceasefire after the countries' first direct talks in decades ended the previous day in Washington without a deal.

It was not clear what leaders Mr Trump was referring to.