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Nawaz called ECO to turn region into a citadel of peace

02 March, 2017

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ISLAMABAD: Prime Minister Nawaz Sharif on Wednesday called for intensified collaboration to exploit enormous potential of ECO to turn the region into a citadel of peace, progress and prosperity. Addressing the 13th ECO Summit 2017 after assuming its chairmanship, Nawaz said Islamabad Declaration would reflect the consensus and resolve of ECO member states to collectively take on the contemporary economic challenges. He called for sustained focus on key areas identified for cooperation in the declaration, including trade, transport and energy which could lead to a transformative change across the region. Nawaz pointed out that meaningful trade in the region cannot take place without better cooperation on transport, infrastructure and connectivity among the member states. He said time has come for ECO to make momentous advances for practical realisation of the theme of the summit "Connectivity for Regional Prosperity".

He said theme of the summit assumes special relevance as more countries of the region are already making huge investment in connectivity projects. Central Asia has emerged as Trans-Eurasia land bridge and oil and gas pipelines are linking our markets with the rest of the world. The PM said no other project better symbolises Pakistan's conception of win-win cooperation through connectivity than China-Pakistan Economic Corridor. It is now being recognised as a catalyst for energy, infrastructure, transport, connectivity and trade in the whole of south and Central Asia.

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