Pakistan upgrading infrastructure to boost trade in ECO nations

December 04, 2024 (MLN): Deputy Prime Minister Ishaq Dar says greater economic cooperation among the ECO nations will bring peace and stability in the region.

In his remarks at the Meeting of ECO Council of Ministers in Iranian city of Mashhad today, he said this approach will help create mutual interdependencies for sustainable growth.

He said Pakistan is upgrading its rail and road infrastructure to facilitate further smooth flow of goods with the neighboring countries and beyond.

He further added, greater connectivity, liberalization of visa regimes and simplification of border procedure are vital to unlock the geo economic potential of the ECO region.

He further added, while allowing the member states to devise better strategy for efficient use of energy resources.

The Deputy Prime Minister said ECO's specialized agencies and regional institutions can play a critical role in advancement of the objectives and ideals of the organization through greater engagements and people to people contacts.

Condemning the Israeli genocide in Gaza and its aggression in Lebanon and Syria, Ishaq Dar expressed his concerns over the escalating hostilities in in the Middle East, wherein Israel has endangered regional peace and security.

He reiterated Pakistan's call to uphold peace and security in this region, safeguard Lebanon and Syria's sovereignty and put an end to the ongoing humanitarian crisis in Palestine. 

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