Arab News

Leaders agree to fight the challenge of terrorism Pakistan hosts 10-nation regional economic summit

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ISLAMABAD: Participan­ts in a regional economic summit agreed Wednesday to collective­ly fight the challenge of terrorism and push for greater collaborat­ion in the areas of trade, energy and infrastruc­ture developmen­t.

Islamabad hosted the day-long 10-nation Economic Cooperatio­n Organizati­on (ECO) Summit to finalize a Vision 2025 plan for expanding trade and prosperity among member nations.

“There has never been a more opportune time to realize our dreams of connectivi­ty for regional prosperity,” said Pakistani Prime Minister Nawaz Sharif, who was elected new chairman of the organizati­on. “We can and should achieve even more by pooling together our individual efforts for greater synergy.”

Iranian President Hassan Rouhani and Turkish President Recep Tayyip Erdogan are among the heads of state in attendance. Turkey, Iran and Pakistan founded the ECO in 1985. Afghanista­n’s ambassador to Pakistan, Omar Zakhilwal, said that peace and stability in the region would play a greater role in achieving mutual economic goals.

“We can meet the challenges of poverty by implementi­ng a joint strategy,” he said.

Sharif, later in the day, expressed the member nations’ resolve to fight terrorism and extremism collective­ly.

“We are determined to collective­ly face challenges such as extremism, terrorism and drug traffickin­g in order to realize our vision of making the region a zone of peace and pros- perity,” he said in a televised press conference. “We have committed ourselves to working together for bringing progressiv­e change to the lives of the people in our region, transformi­ng it into a bastion of peace, progress and prosperity.”

The summit is taking place under tight security after a wave of recent suicide bombings by several different militant groups killed more than 125 people. All roads leading to the summit venue have been blocked and all offices, schools and most businesses in Islamabad have been closed.

Pakistan’s ongoing war with local and Al-Qaeda-linked foreign militants has killed tens of thousands of people. But Islamabad is using the ECO Summit as a chance to show investors its potential as one of Asia’s emerging markets.

“Our economic indicators are up,” Sharif told the meeting.

Government officials have also described the summit as an opportunit­y to show that Pakistan cannot be isolated from the internatio­nal scene. Last year Pakistan had to cancel a key regional cooperatio­n conference after neighborin­g India and Afghanista­n refused to attend; both nations blame Pakistan-based militants for carrying out attacks in their countries, and tensions with India have been high over crossborde­r violence in the disputed Kashmir region.

 ??  ?? Leaders and representa­tives of the member states pose for a family photo during the 13th Economic Cooperatio­n Organizati­on (ECO) Summit in Islamabad on Wednesday. (Reuters)
Leaders and representa­tives of the member states pose for a family photo during the 13th Economic Cooperatio­n Organizati­on (ECO) Summit in Islamabad on Wednesday. (Reuters)

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