Khusro Urges ECO Countries To Focus On Connectivity Projects For Trade Promotion
Sumaira FH Published March 15, 2019 | 03:43 PM
Minister for Planning, Development and Reforms Khusro Bakhtyar has said the ECO Countries should focus on connectivity projects in order to promote trade and investment relations
ISLAMABAD (UrduPoint / Pakistan Point News / NNI - 15th March, 2019) Minister for Planning, Development and Reforms Khusro Bakhtyar has said the ECO Countries should focus on connectivity projects in order to promote trade and investment relations.Addressing a seminar on "ECO; Achievements and Challenges" here on Friday, he said Pakistan is fully committed to fulfillment of vision of Economic Cooperation Organization.He said unfortunately South Asia Association for Regional Cooperation which provides another platform for connectivity has been held hostage due to belligerent attitude of Indian government.
He said Pakistan focuses to provide connectivity to the region through CPEC.He said Pakistan's geo-strategic position leverages itself for hub of regional connectivity and China Pakistan Economic Corridor gives an immense opportunity in this regard.
The Minister said political reconciliation in Afghanistan will enable to harness the true potential of ECO.Khusro Bakhtyar said in order to undertake massive projects ECO Bank's mandate should also be to finance inter-regional projects.
He said it also needs to enter into partnership with Asian Infrastructure Investment Bank and Asian Development Bank to finance such projects.Speaking on the occasion, Secretary General Economic Cooperation Organization Dr Hadi Soleimanpour said idea of regional integration is growing these days and Prime Minister Imran Khan is focusing on regional issues and integration of region.
He said other member countries like Iran, Turkey, Azerbaijan and Uzbekistan are also looking for regional connectivity.He said Islamabad-Tehran-Istanbul train has importance in ECO and it may be considered as part of CPEC.
Related Topics
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Pakistan
-
Saudi ministry warns against fraudulent Hajj schemes; urges vigilance, official channels for booking
4 hours ago -
SC to take up 9 identical petitions regarding judges' letter
4 hours ago -
Woman committed suicide in Pindigheb
4 hours ago -
Teenage girl abducted in Hassanabdal
4 hours ago -
NTDC Super 8 Inter-Departmental Tape Ball Cricket Tournament concludes: GM (HR) team clinches the w ..
4 hours ago -
AJK President calls for overseas Kashmiris' proactive role to expose the Modi government's nefarious ..
4 hours ago
-
AJK-wide campaign begins to vanish black-tinted glasses to all sorts of vehicles
5 hours ago -
Islamabad to be digitalized as pilot project under national digitalization plan: IT Minister
5 hours ago -
HEC reviews curricula for environmental sciences degree programme
5 hours ago -
Heavy rains cause damage to Spezand-Taftan railway track
5 hours ago -
Documentary on life of Jamiluddin Aali screened at embassy
5 hours ago -
"Sindh Theater Festival 2024" commences in Larkana
5 hours ago