Pakistan News Service

Thursday Apr 27, 2017, Rajab 30, 1438 Hijri
Logo Logo
LATEST :
Pakistan News Home -> Top -> News Details

ECO reiterated their political will and strong commitment for economic development

02 March, 2017

  Related News  
Nawaz called for intensified collaboration of ECO to turn region into a citadel of peace
Sartaj Aziz became chairman of ECO council of ministers
  More on this View All

ISLAMABAD: The Economic Cooperation Organisation member states on Wednesday reiterated their political will and strong commitment for economic development, common prosperity, regional integration, and peace and stability in the ECO region.

A declaration issued after the 13th ECO Summit held in Islamabad on Wednesday reaffirmed a commitment to the principles and objectives enshrined in the Treaty of Izmir.

It also attached great importance to the cooperation frameworks developed under the different agreements concluded between the Member States and the momentum created in different fields of cooperation.

The member states also reaffirmed their commitment to the purposes and principles of the UN Charter, including the respect for political independence, sovereignty, and territorial integrity of states; development of friendly relations among nations; and the peaceful settlement of disputes. It also welcomed the further enlargement and outreach of the Organization through full membership for the interested states.

The declaration approached connectivity as a dynamic concept that encompasses multiple dimensions including cyber, energy, rail, road, and ports and shipping.

It reiterated its commitment to promote intra-ECO trade as an instrument of enhanced economic cooperation and revitalization in the Region. It underlined the importance of the Post 2015 Development Agenda and the role that can be played by the ECO Member States.

It further recognized the importance of moderation as an approach to counter all forms of extremism and promote dialogue, mutual respect, understanding, and social harmony, to achieve sustainable and inclusive development, equitable growth, stability, and prosperity in the ECO Region.

Acknowledging the importance of Afghanistan for the ECO Region, the summit emphasized its continued support to national, regional, and global efforts for reconstruction and sustainable development as well as peace and security in Afghanistan.

It welcomed the China Pakistan Economic Corridor (CPEC) as a far-reaching initiative that would act as a catalyst for the development of the entire region.

The theme of the 13th summit was "Connectivity for Regional Prosperity", which assumes special significance in the backdrop of the monumental project of the China-Pakistan Economic Corridor.

Secretary General Halil Ibrahim while addressing the summit congratulated the Prime Minister Nawaz Sharif on his election as Chairman of the Summit and hoped that, under his able leadership, the ECO will make further progress.

 What do you think about the story ? Leave your comments!

Heading (Optional)
Your Comments: *

Your Name:*
E-mail (Optional):
City (Optional):
Country (Optional):
 
 
Field marked(*) are mandatory.
Note. The PakTribune will publish as many comments as possible but cannot guarantee publication of all. PakTribune keeps its rights reserved to edit the comments for reasons of clarity, brevity and morality. The external links like http:// https:// etc... are not allowed for the time being to be posted inside comments to discourage spammers.

  Speak Out View All
Military Courts
Imran - Qadri long march
 
Candid Corner
Exclusive by
Lt. Col. Riaz Jafri (Retd)
Pakistan itself a victim of state-sponsored terrorism: Qamar Bajwa
Should You Try Napping During the Workday?
Suggested Sites