General Bajwa's remarks came during his speech at the passing-out parade of cadets at the Pakistan Military Academy in Kakul yesterday, according to a statement by the Inter-Services Public Relations (ISPR), the media wing of the country's armed forces.
"It is our sincere belief that the route to peaceful resolution of Pak-India disputes -- including the core issue of Kashmir -- runs through comprehensive and meaningful dialogue.
"While such dialogue is no favour to any party, it remains the inevitable precursor to peace across the region. Pakistan remains committed to such a dialogue, but only on the basis of sovereign equality, dignity and honour," he said.
Addressing the cadets, General Bajwa, 57, said Pakistan is a peace loving country and seeks harmonious and peaceful co-existence with all countries, especially its neighbours, according to the statement.
"However, this desire for peace must not, in any sense, be construed as a sign of weakness. Our valiant Armed Forces are fully prepared to respond across the full spectrum of threat in a befitting manner," he added.
The army chief also reaffirmed his country's "political and moral support" to the "basic right of self-determination" for the people of Jammu and Kashmir.
"We are committed to continue these efforts, not out of any compulsion, but to make Pakistan a safe, prosperous and progressive country," he said.
General Bajwa also said that a "hybrid war" had been imposed on Pakistan to internally weaken it.
"Our enemies know, that they cannot beat us fair and square and have thus subjected us to a cruel, evil and protracted hybrid war," he said, without taking any names.
Stressing that Pakistan has totally rejected extremism and terrorism, he said, "I would like to reiterate here that the nation and its Armed Forces are totally united and focused towards our primary objective, that is, eradication and elimination of terrorism."