PM to open 14th ECO Summit virtually today

Prime Minister Imran Khan would virtually participate in the 14th Economic Cooperation Organization (ECO) Summit on Thursday (today). PM Imran Khan would open the summit in Pakistan’s capacity as the Chair of the 13th Summit, held in Islamabad in March 2017 whereas President Recep Tayyip Erdogan will Chair the 14th Summit. The theme of the Summit is “Regional Economic Cooperation in the Aftermath of Covid-19.” While sharing Pakistan’s perspective on COVID-19 challenges, the premier would outline his vision for regional economic development in line with ECO’s founding principles of promotion of trade and connectivity. Read more: Exploring world’s biggest market Pakistan is one of the founding members of ECO, in addition to Iran and Turkey. The Organization was formed in 1985 from the erstwhile Regional Cooperation for Development (RCD). Afghanistan, Azerbaijan, Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan later joined as members of ECO. As a founding member, Pakistan remains strongly committed to ECO which aims at the promotion of effective regional cooperation, with a focus on communications, trade, culture and connectivity. The summit is the highest platform in the 10-member ECO. Its meetings entail the exchange of views on regional and global issues of interest to the ECO region and a review of the progress in implementation of ECO programmes and projects. Pakistan has been actively contributing towards the advancement of the goals and objectives of ECO, including regional economic integration.

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