PM against politicisation of welfare projects

sochi (Russia) — Prime Minister Shahid Khaqan Abbasi on Friday stressed upon the Shanghai Cooperation Organisation member countries to fully harness the true potential they possessed, owing to vast connectivity and economic prospects and cautioned against the politicisation of economic development and connectivity projects as such a myopic approach would only hold back the collective progress.

“Today, we are witnessing a historic opportunity for the SCO to truly have a trans-continental reach. In the coming decades, it would emerge as an important global geopolitical and geo-economic force. Let us harness the SCO’s potential and competencies for our mutual advantage. We stand ready to contribute to this collective endeavour,” he said.

In a statement at the meeting of the SCO Council of Heads of Government, the prime minister said after becoming a full member of the SCO, Pakistan was all set to bring more vitality in the organisation as it possessed tremendous potential for global, regional trade and economic activities. to add more vitality to the SCO. > SCO holds tremendous potential for connectivity, trade, energy and economic development. > SCO could lead to progress and prosperity of the entire region, he says.

He said the SCO held tremendous potential for connectivity, trade, energy and economic development. It could lead to progress and prosperity of the entire region.

“With a consumer market of over 200 million people, vast business potential and a rapidly modernising infrastructure, Pakistan offers the SCO enormous opportunities for mutually beneficial cooperation. Pakistan’s historical and cultural ties, as well as strong economic and strategic links with the SCO members, can act as an enabler in realising the SCO’s vision,” he added.

The prime minister said trade and economic cooperation held the key to the SCO region’s long-term stability, progress and prosperity.

The China-Pakistan Economic Corridor (CPEC) complements the SCO’s vision of connectivity and economic integration, he added.

He said Pakistan wanted to see CPEC connected to the six main trade corridors of SCO as it would help fulfil the long cherished aspiration for land and maritime connectivity between Europe, Central Asia, China and South Asia. — APP

SCO could lead to progress of region: Abbasi