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Pakistan, Uzbekistan trade connectivity to open up new avenues of region’s prosperity: PM

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TASHKENT (Uzbekistan), July 15 (APP): Prime Minister Imran Khan on Thursday said Pakistan’s connectivity with Uzbekistan in trade and bilateral spheres would open up new avenues of prosperity in the region.

“Pakistan has immense potential to connect Central Asia with rest of the world and become a hub of trade,” the prime minister said in his address at the Uzbekistan-Pakistan Business Forum, held here in the Uzbek capital.

The forum was attended by a large number of businessmen from Pakistan and Uzbekistan besides the delegation of prime minister including Foreign Minister Shah Mahmood Qureshi, Information Minister Chaudhry Fawad Hussain, Interior Minister Sheikh Rashid Ahmed, Minister for Maritime Affairs Ali Haider Zaidi, National Security Adviser Dr Moeed Yusuf and Khyber Pukhtunkhwa Minister for Information Technology Atif Khan.

Prime Minister Imran Khan assured the businessmen and traders of Uzbekistan that Pakistan would extend them every possible facilitation in promotion of trade.

“I want to assure the business community of Uzbekistan that this relationship is just the beginning of the journey of development and prosperity,” he said.

The prime minister said the railway project among Pakistan, Uzbekistan and Afghanistan would prove to be a revolution of development.

The prime minister stressed that to exploit the region’s potential, peace and security in the neighbourhood was essential.

On the situation in Afghanistan, he said peace in the war-torn country was important to ensure materialization of development projects in Central Asia.

“Pakistan is keen for peace in Afghanistan and considers it vital for trade connectivity among the regional countries,” he said, adding that such trade linkages helped in raising the living standards of the citizens.

Imran Khan referred to the cooperation among the neighbouring countries of the European Union, that focused on bilateral trade arrangements for the benefit of their people.

He hoped that with the support and will of the regional States, the situation in Afghanistan would lead to improvement.

The prime minister said Pakistan and Uzbekistan enjoyed relations rooted in common faith, culture and history and offered a unique dimension to the two nations to explore each other in diverse areas.

Earlier, Prime Minister of Uzbekistan Abdulla Aripov in his speech mentioned the strong ties between Pakistan and Uzbekistan in multiple areas of cooperation.

He welcomed PM Imran Khan on his official visit to Uzbekistan, which he said would usher in a new area of cooperation and joint ventures between the two brotherly countries.

Speaking to media in Tashkent, Foreign Minister Shah Mehmood Qureshi said Pakistan and Uzbekistan had vast potential to explore the opportunities of bilateral trade and investment for their mutual interest.

The foreign minister, who is part of the official delegation of Prime Minister Imran Khan during his visit to Tashkent and attended the Pak-Uzbek Business Forum, said the business community from the two sides showed immense interest in bilateral engagement.

He mentioned that the Pak-Uzbek Business Forum was attended by around 130 representatives of leading companies and business houses from Pakistan.

He said the activity resulted in signing of agreements worth $453 million and hoped that it would lead to further strengthening of bilateral trade.

Information Minister Chaudhry Fawad Hussain said two important objectives of the prime minister’s visit were to ensure travel facilities among Pakistan, Uzbekistan and Afghanistan and to deliberate upon ways to ensure peace in Afghanistan.

He said Pakistan desired an effective trade linkage up to Uzbekistan and other Central Asian states.

“We want an effective transportation infrastructure so that the goods loaded from Pakistan’s Karachi and Gwadar seaports could reach Uzbekistan’s Tashkent,” he said in a video message from the Uzbek capital.

He hoped that such measure would increase trade with Uzbekistan “manifold”, and also mentioned the excellent efforts made by the Ministry of Commerce in this regard.

The information minister said Prime Minister Imran Khan, at tomorrow’s important conference on peace in Afghanistan, would highlight Pakistan’s stance on the significance of regional connectivity for a strong economy.

He expressed gratitude to the government of Uzbekistan for extending a warm welcome to the prime minister and his delegation and said the visit would “open up new vistas of economic opportunities between Pakistan and Uzbekistan, and the rest of Central Asia.

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SCO Heads of Delegation reaffirm commitment to peaceful cooperation and economic growth

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ISLAMABAD, Oct 16 (APP): The heads of delegation from Shanghai Cooperation Organization (SCO) member states on Wednesday reaffirmed their commitment to peacefully resolving disputes through dialogue and consultations besides emphasizing the importance of strengthening cooperation across various sectors, including politics, security, trade, finance, and cultural ties, to build a prosperous, peaceful, safe, and ecologically sustainable planet.

In a joint declaration issued at the conclusion of the two-day SCO Council of Heads of Government (CHG) meeting held here, the heads of delegations called for sustainable and inclusive economic growth of member states by optimizing the region’s potential in areas such as green development, digital economy, trade, e-commerce, finance and banking, investment, high technology, start-ups and innovation, poverty alleviation, health care, including traditional and folk medicine, agriculture, industry, transport, logistics connectivity, energy, including renewable energy, communications, science and technology, environment and climate change.

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The heads of delegations, reaffirming their desire to ensure stable economic and social development in the SCO region, noted the importance of implementing the SCO Economic Development Strategy for the period up to 2030 and the Program of Multilateral Trade and Economic Cooperation of the SCO member states.

They stressed the need for coordinated efforts through the mechanisms of relevant cooperation in order to implement the respective action plans.

The event was chaired by Prime Minister Muhammad Shehbaz Sharif and was attended by the leaders from the SCO member states including China’s Premier of the State Council Li Qiang, Prime Minister of Belarus Roman Golovchenko, Prime Minister of Kazakhstan Olzhas Bektenov, Russian Prime Minister Mikhail Mishustin, Tajik Prime Minister Kohir Rasulzoda, Uzbek Prime Minister Abdulla Aripov, Kyrgyzstan’s Chairman of Ministers’ Cabinet Zhaparov Akylbek, Trade Minister of Iran Seyyed Mohammad Atabek, and Indian External Affairs Minister Subrahmanyam Jaishankar.

Besides, Mongolia is participating in the summit as an Observer State being represented by Prime Minister Oyun-Erdene Luvsannamsrai and Turkmenistan as a Special Guest represented by Deputy Chairman of the Cabinet of Ministers Rashid Meredov.

Among other dignitaries attending the moot include SCO Secretary-General Zhang Ming, Director of Executive Committee SCO Regional Anti-Terrorist Structure (RATS) Ruslan Mirzayev, Chairman of the Board of SCO Business Council Atif Ikram Shaikh and Chairman of the Council of SCO Interbank Union Marat Yelibayev.

The heads of delegation noted significant shifts in the global economy due to advancements in technology and e-commerce, expressing concern over reduced investment and disrupted supply chains caused by protectionist measures and trade barriers.

Opposing unilateral sanctions and trade restrictions, the delegations emphasized the need for a multilateral trading system to support global sustainable development.

Belarus, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan reiterated their support for China’s One Belt, One Road initiative, highlighting ongoing collaborative efforts to integrate this project with the Eurasian Economic Union.

The heads of delegation underscored the importance of leveraging regional potential and international cooperation to facilitate equitable interactions within the SCO. They called for sustainable and inclusive economic growth, advocating for optimization in green development, digital economy, health care, agriculture, energy, and environmental initiatives.

Heads of delegation also praised Kazakhstan’s chairmanship of the SCO for 2023-2024 and emphasized the importance of implementing decisions from the July 4, 2024, CHS meeting, while expressing support for China’s chairmanship for 2024-2025.

They noted that the member states advocate respect for the right of peoples to independently and democratically choose their political, social and economic development, emphasising that the principles of mutual respect for the sovereignty, independence, and territorial integrity of states, equality, mutual benefit, non-interference in internal affairs, non-use of force or threat of use of force are the basis for the sustainable development of international relations.

They reaffirm the commitment to the peaceful settlement of differences and disputes between countries through dialogue and consultations.

They emphasized the importance of leveraging regional potential and international cooperation to foster broad, equitable interactions in the SCO region based on international law and mutual respect.

They highlighted the need to enhance trade and economic ties through the “New Economic Dialogue” concept among SCO member states.

They also stressed the importance of leveraging the digital economy and technological innovations to boost regional competitiveness and ensure that technology benefits all.

The Heads of delegations stressed the importance of deepening cooperation in the field of information security, the relevance of the “digital divide” issue and advocated for exploring the creation of a mechanism for cross-border data exchange.

They noted the role of standardization tools in trade facilitation and called for the promotion of mutually beneficial and equal interaction between the SCO member states, as well as the exchange of experience in these areas.

They acknowledged the significance of the SCO Industry Ministers’ Meeting and proposed its next session in 2025, emphasizing that support for creative industries will enhance competitiveness, reduce unemployment, and foster sustainable growth in the region.

They supported establishing an exchange of experiences on national industrial policies and IT standardization. They emphasized the importance of developing micro, small, and medium-sized enterprises to drive economic growth and job creation, advocating continued cooperation under the 2018 Memorandum of Understanding.

Heads of delegation emphasized the importance of a unified energy vision, calling for continued cooperation in energy infrastructure, security, and investment in renewable energy.

They reaffirmed the importance of implementing the road map for increasing the use of national currencies in mutual settlements and supported proposals for an independent settlement mechanism and converging payment systems.

They also recognized the SCO Business Council’s role in fostering business cooperation and noted the Interbank Association’s efforts in ESG financing and financial innovations, along with Iran’s intention to join the IBA.

Heads of delegation emphasized enhancing railway transport cooperation and welcomed the upcoming meeting of Railway Administrations in Moscow. They advocated for innovative technologies in multi-model transport and called for developing infrastructure, logistics, and safety measures, aligning with the SCO’s Concept of Cooperation on ports and logistics centers.

They also advocated for enhanced cooperation in environmental protection, biodiversity conservation, and waste management. They reaffirmed commitment to addressing climate change through experience sharing and established a Special Working Group to accelerate related initiatives.

They supported deepening collaboration among emergency agencies to monitor natural disaster risks and improve response strategies.

Heads of delegation supported enhanced cooperation in preventing and treating diseases, improving healthcare digitalization, and developing medical tourism in the SCO region.

The heads of delegations noted the importance of developing further cooperation in overcoming poverty and increasing the well-being of the population within the framework of the activities of the Special Working Group (SWG) of the SCO Member States on poverty reduction issues.

They called for further strengthening cooperation in order to increase mutual trade in agricultural products and expand the areas of interaction between the Member States on the basis of previously adopted documents and solutions in the field of agriculture and food security.

The heads of delegation reaffirmed the need for action to strengthen global food security and improve nutrition and encourage efforts to develop cooperation in research on climate-resilient and nutritious cereal crops, including millet, rice, wheat, maize and other traditional crops.

They said they attached great importance to holding sports events and competitions with the participation of SCO Member States, SCO Observer States and SCO Dialogue Partners in order to strengthen sports ties between the countries, as well as the development of Olympic, non-Olympic, and Paralympic and national sports.

They welcomed the adoption of a roadmap for the implementation of the Cooperation Programme of the SCO Member States for the Development of Artificial Intelligence.

The heads of delegations emphasized that people-to-people diplomacy contributes to strengthening mutual understanding and cultural and humanitarian ties within the SCO.

The SCO CHG also approved the Report of the SCO Secretariat on the Events and Meetings held within the framework of the Implementation of the Programme of Multilateral Trade and Economic Cooperation of the SCO Member States and the SCO budget for 2025.

During the meeting, decisions were made on a number of issues related to the financial and organizational activities of the SCO permanent bodies, taking into account the accession of the Republic of Belarus to the Shanghai Cooperation Organization.

The heads of delegation expressed their gratitude to Pakistan for the successful organization of the 23rd meeting of the SCO CHG, which was held in a constructive and friendly atmosphere.

The next meeting of the Council of Heads of Government (Prime Ministers) of the SCO Member States will be held in 2025 in the Russian Federation.

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SCO-CHG meeting signs important documents to strengthen economic, trade cooperation

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he SCO Heads of Government meeting has signed some important documents including the Joint Communique and the ones related to furthering the economic and trade cooperation as well as the efficient working of permanent bodies of the SCO.

Speaking at the close of the moot, Prime Minister Shehbaz Sharif announced the transfer of chairmanship of Council of Heads of Government of SCO to Russian Federation. He said the next meeting of the SCO Heads of the Government will take place in Russia next year.

Congratulating the Russian Federation, the Prime Minister assured Pakistan’s fullest support to their chairmanship.

Describing the SCO meeting as successful, the Prime Minister said this highlighted our joint commitment towards a better and sustainable future for the next generations.

He reaffirmed Pakistan’s unwavering commitment to the common goals and objectives of SCO.

He emphasized the need for prioritizing collaboration over political differences and divisions as well as building on our achievements, addressing the shared challenges and working hand in hand to ensure that the SCO remains a beacon of stability and development for the mutual benefit of our peoples.

Voicing concerns over the on-going genocide in Gaza, Prime Minister Shehbaz Sharif said this cannot be ignored and the international community bears the responsibility to ensure an immediate and unconditional ceasefire in Gaza, leading to the establishment of State of Palestine on the basis of pre-1967 borders with Al-Quds as its capital.

He hosted a reception in honour of the SCO leaders and their delegates.

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Russian PM arrives in Islamabad for SCO Summit

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Russian Prime Minister Mikhail Mishustin arrived in Islamabad last night to attend SCO summit.

Defence Minister Khawaja Muhammad Asif warmly welcomed the Russian Prime Minister at airport.

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