ISLAMABAD: President of Pakistan Dr. Arif Alvi has said that Economic Cooperation Organization (ECO) region has the potential and capacity to function as a bridge between North and South, Europe and Asia.
“There is a need to further strengthen transport and communication infrastructure, facilitate trade and investment and identify important sectoral priorities of the ECO for development and growth in the region,”. President said while talking to Secretary General, Economic Cooperation Organization (ECO) Dr. Hadi Soleimanpour, on Thursday.
President emphasized that ECO Vision 2025 would serve as a roadmap for the Organization. “We are undertaking necessary steps to meet the timelines mentioned in the Implementation Framework of the Vision 2025”.
He underscored that Pakistan believes robust implementation of ECO Trade Agreements would be a step towards minimizing barriers to trade and ultimately establishing a Free Trade Area as enshrined in ECO Vision 2025.
“Pakistan is upgrading its rail and road infrastructure in order to facilitate smooth flow of goods to its neighbours and to galvanize trade opportunities within the ECO region. Pakistan will continue to contribute to ECO’s efforts to provide assistance to Afghanistan and is presently the highest donor to ECO’s initiative for reconstruction of Afghanistan”.
Secretary General, Economic Cooperation Organization Dr. Hadi Soleimanpour said that Pakistan has always been an active member of ECO and cornerstone of peace and cooperation in the region.
He further stated that there is a huge potential of ecotourism in Pakistan which can be a huge attraction for the international tourists.