SCO Summit to promote regional cooperation, trade: Pakistan's Tarar    Al-Mashat, Odobescu meet ahead of Romanian FM visit to Egypt    Egyptian gas company secures contract to deliver natural gas to homes in Romania    Romania, Egypt boost economic ties with focus on energy, investment    EU ambassador pledges support for Egypt, addresses regional tensions    Grand Egyptian Museum ready for partial trial run on October 16: PM    Spain pushes for diplomatic solutions in EU-China trade dispute    China to resume lobster imports from Australia    Indonesia establishes 2 new special economic zones    China sanctions on US firms over Taiwan links    Gold prices up ahead of US inflation report    EGP steady against USD in early trade    Baker, Hassabis, and Jumper win Nobel Prize in Chemistry    Israeli occupation intensifies its aggression on northern Gaza    Uganda Celebrates 62 Years of Independence    2011 incidents target Egypt's police, army, aiming to spark civil war: Al-Sisi    Nobel Prize in Physiology 2024 goes to Victor Ambros, Gary Ruvkun    Egypt, Sweden discuss explore cooperation in health investment    Forever Is Now 4th edition: Fusion of ancient, modern at Giza Pyramids    Cairo Urban Week Kicks Off October 27: A Celebration of Sustainability, Art, and Urban Development    Korea Culture Week wraps up at Cairo Opera House    Colombia unveils $40b investment plan for climate transition    ABK-Egypt staff volunteer in medical convoys for children in Al-Beheira    Egypt's Endowments Ministry allocates EGP50m in interest-free loans    Kabaddi: Ancient Indian sport gaining popularity in Egypt    Ecuador's drought forces further power cuts    Al-Sisi orders sports system overhaul after Paris Olympics    Basketball Africa League Future Pros returns for 2nd season    Egypt joins Africa's FEDA    Egypt condemns Ethiopia's unilateral approach to GERD filling in letter to UNSC    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Paris Olympics opening draws record viewers    Who leads the economic portfolios in Egypt's new Cabinet?    Financial literacy becomes extremely important – EGX official    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    Egypt records 36 new deaths from Covid-19, highest since mid June    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt sells $3 bln US-dollar dominated eurobonds    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



SCO Summit to promote regional cooperation, trade: Pakistan's Tarar
Published in Daily News Egypt on 11 - 10 - 2024

Pakistan's Federal Minister for Information, Broadcasting, National Heritage and Culture Attaullah Tarar has said that the upcoming Shanghai Cooperation Organisation (SCO) summit will be a platform to promote regional cooperation, trade, and financial integrity among member states.
Speaking at a media workshop organised by the China Media Group ahead of the SCO summit, Tarar expressed his confidence that the summit would boost Pakistan's image and its future prospects, particularly at a time when the country is seeing positive developments in its economy.
"At a time when good news is coming regarding the national economy and fruits of economic development have started reaching the people, hosting the SCO summit will promote Pakistan's image and its future prospects," he said.
The minister highlighted the importance of the SCO as a key forum for regional cooperation, calling it an honour for Pakistan to host the summit. He said the summit would also address counter-terrorism measures and regional security issues. Tarar recalled the sacrifices made by Pakistan in the fight against terrorism, saying over 80,000 Pakistani citizens were martyred in the war.
"Over 80,000 Pakistani citizens were martyred in the anti-terrorism war, which was meant to make the world a safer place," he said. "We hope that regional cooperation in counter-terrorism will promote peace in the region."
Tarar also stressed the importance of regional cooperation to address the challenges posed by climate change, particularly in light of Pakistan's vulnerability to the effects of global warming. He noted that Pakistan's share of toxic gas emissions is less than one percent, but it has borne the brunt of climate change's damage in the form of floods and cyclones.
"We have to bear the brunt of climate change's damage in the form of floods and cyclones," he said. "Regional cooperation and a collective approach are important in dealing with climate change. With the cooperation of regional countries, we can work on the climate change agenda."
Tarar emphasized the need for long-term peace in the Middle East and the importance of addressing the Palestinian issue, stating that Pakistan has always advocated for promoting peace at the SCO forum.
"In the Astana SCO summit, we highlighted the issue of Palestine, and it is important to discuss the issue of Palestine in this meeting of the SCO," he said. "Without long-term peace in the Middle East, there can be no peace in the world."
The minister condemned the ongoing violence and war crimes against Palestinians, calling for a ceasefire.
"The world should admit that there was genocide of innocent Palestinians in Palestine, and war crimes are being committed. We raised an effective voice on the issue of Palestine at the SCO and UN General Assembly forums," he said. "Peace in the region is possible only through collective efforts."
He added that peace in the Middle East was crucial for global stability, and that it was the responsibility of the civilised world to ensure an early ceasefire.
Tarar also expressed optimism about Pakistan's economic progress, citing positive economic indicators such as increasing remittances and IT exports.
"Economic indicators of Pakistan are improving, and hosting the SCO summit at this point will prove beneficial for Pakistan," he said. "During the last quarter, remittances worth $8.8 billion were received in the country, and IT exports in the last quarter have reached $3.8 billion."
Tarar highlighted the importance of the digital economy for Pakistan, and the potential for regional integration through digital technologies.
"About 68% of Pakistan's population consists of youth, and a large number of them are freelancers. The digital economy is very important for the country. Moreover, he said that the regional countries could be integrated through digital technologies," he said.
He also acknowledged the economic support provided by China, Saudi Arabia, and the United Arab Emirates, which helped finalise an agreement with the International Monetary Fund.
He said the government's economic measures have led to a decrease in interest rates and an increase in investment.
"Thanks to the economic measures taken by the government, the interest rate has decreased, and investment has increased," he said. "For a better and brighter future of the region, focus should be on increasing digital economy, trade, and investment."
Tarar also emphasized the need for increased financial integration and economic cooperation among SCO member states.
"Pakistan, due to its strategic location, could become a hub of regional trade, including central Asian states. There is a need for more financial integration and economic cooperation among the member states of the SCO," he said.
He called for greater cultural exchanges and people-to-people contacts among SCO member countries.
"With more cooperation among the member states of the SCO, the people of the region could be taken to prosperity," Tarar said.


Clic here to read the story from its source.