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Pakistan supports links among ECO members

Pakistan supports links among ECO members Staff Report ISLAMABAD: President General Pervez Musharraf said on Friday that Pakistan fully supports the development of road, rail and other infrastructure projects, including oil and gas pipelines and power transmission lines, among members of the Economic Cooperation Organisation (ECO) as it would facilitate trade and commerce, and allow the people to benefit from the natural resources of the courtiers.

The president was talking to a seven-member delegation of the ECO countries, led by the organisation’s Secretary General Askhat Orazbay, an official statement said. The president said that geo-economics was the future for progress and development of nations and in this regard Pakistan attached priority to furthering regional cooperation among the ECO countries. Gen Musharraf said economic cooperation among the member countries would not only benefit Pakistan but all concerned, as it would lead to greater regional cooperation, integration of economic and financial links and serve as a catalyst for the socio-economic development of their people.

President Musharraf said the construction of the Gwadar Port was an important step towards greater economic cooperation. The president also spoke of the steps taken by Pakistan for its economic revival and said all marco-economic indicators were positive and showing steady improvement. The delegates thanked the Government of Pakistan for its hospitality and appreciated Pakistan’s initiative in hosting the first ECO Finance Ministers’ Conference in Islamabad. They hoped this would lead to greater trade, investment and cooperation among ECO countries.

Source: Daily Times

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