Pakistan and India have been engaged in the war of words after surgical strikes by India last week.
Pakistan has denied India's claim of surgical strikes and termed it crsoss-border firing.
Radio Pakistan reported that Sharif chaired the important meeting of all parliamentary leaders in capital Islamabad.
"The Prime Minister will take the political leaders into confidence about the developing situation at the eastern border in the wake of blistering statements from the Indian leadership," it reported.
Imran Khan, who is protesting to remove the prime minister over alleged corruption, skipped the meeting but his party was represented by former foreign minister Shah Mahmood Qureshi.
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