April 23, 2017

Iranian President Rouhani arrives in Pakistan

02 March 2017, 12:44 | Clarence Schmidt

Most member states have confirmed participation in the summit

Most member states have confirmed participation in the summit

"The Nagorno-Karabakh conflict has existed for over 20 years and it is still unresolved", President Erdogan told the 13th ECO Summit in Islamabad, Pakistan March 1.

Iranian Foreign Minister Mohammad Javad Zarif is planned to take part in the COM and grant its periodical chairmanship to Pakistan's Advisor to Prime Minister on Foreign Affairs Sartaj Aziz.

The ECO secretary general thanked the prime minister for hosting the ECO summit and for the excellent arrangements. Meanwhile, Turkey's head of state, Recep Tayyip Erdogan, called for ECO reform, including strengthening its secretariat's human resources and creating a mechanism to develop projects.

The 13th summit of the Economic Cooperation Organisation (ECO), chaired by Sharif, concluded with the unanimous resolve to transform the group into a vibrant entity.

The Economic Cooperation Organization or ECO was founded in 1985 in Tehran by Iran, Pakistan and Turkey.

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Addressing a conference of ECO foreign ministers in Islamabad on Tuesday, Zarif touched on a roadmap developed by member states that lays out ECO's goals and programs in the coming decade, known as the ECO 2025 Perspective Plan or what he called the "vision".

All ten member states including Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Iran, Tajikistan, Turkey, Turkmenistan, Uzbekistan and the host Pakistan are participating in the Summit.

The former interior minister said terrorism is common threat to Pakistan and Afghanistan. "It is gratifying that CPEC is now being recognised as a catalyst for energy infrastructure, transport connectivity and trade in the whole of South and Central Asia", he said.

The advisor said there is need to increase the membership, scope and activities of ECO Trade and Development Bank as well as ECO Re-Insurance Company. He further said the theme will help foster rail, air, energy, cyber, and knowledge based connectivity. He also said that a meaningful trade in the region can not take place without better cooperation on transport infrastructure among the member states.

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