Pakistan Sees Shanghai Cooperation Organization (SCO) As An Important Framework For Regional Cooperation Says President Mamnoon
Pakistan Sees Shanghai Cooperation Organization (SCO) As An Important Framework For Regional Cooperation Says President Mamnoon: President Mamnoon Hussain said the Shanghai Cooperation Organization embraces the values of the Shanghai Spirit, which features mutual trust and respect, equality, respect for diverse civilizations and pursuit of shared development and Pakistan, as a new member committed to enhancing its relations with all SCO members on the basis of these values.
President said that Shanghai Cooperation Organization (SCO) is an important framework for regional cooperation and it has played a vital role in safeguarding peace and security in the region.
The president told the Chinese media ahead of his departure for the upcoming SCO’s summit to be held in China’s eastern port city of Qingdao that the organization promotes multifaceted cooperation in the region in a wide array of fields, adding that the SCO includes Pakistan’s major development and strategic partners.
“It allows us to share perspectives, coordinate positions and develop practical and concrete cooperation with these important countries,” he was quoted by Xinhua News Agency as saying here.
The president hailed the SCO’s Regional Anti-Terrorist Structure (RATS) as an important and useful forum for cooperation against the common enemy of terrorism. He said his country has successfully combated terrorism and it is ready to share its experiences in tackling the menace of terrorism through the SCO-RATS.
He expected that initiatives of SCO on investment promotion, trade facilitation, customs cooperation, e-commerce, small and medium enterprises, rail and road connectivity and tourism cooperation should be tied to specific timelines, that initiatives such as SCO Development Bank and SCO Development Fund should be pursued in earnest, and the SCO business Council should be empowered and entrusted to establish business-to-business linkages.
The president emphasized that nowadays the SCO stands out not just in terms of the sheer size of its populations or the territorial expanse it covers.
“While some major powers are becoming increasingly inward and isolationist, the Shanghai Spirit of mutual trust, equality, shared development and respect for diversity offers a template for a new kind of inter-state cooperation. By according equal priority to economic development and security cooperation, the SCO serves as a model of efficient and effective cooperation,” he said.
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