SCO Summit: A Platform for Regional Cooperation and Economic Boost, Says Pakistan’s Tarar

Federal Minister Attaullah Tarar emphasized that the forthcoming SCO summit will enhance regional cooperation, trade, and security while promoting Pakistan’s economic growth. He stressed the importance of addressing counter-terrorism, climate change, and regional peace, particularly regarding the Palestinian issue. The Minister expressed optimism that the summit would bolster Pakistan’s image and contribute positively to its economy.

The Federal Minister for Information, Broadcasting, National Heritage and Culture of Pakistan, Attaullah Tarar, has expressed optimism about the forthcoming Shanghai Cooperation Organization (SCO) summit serving as a significant platform for enhancing regional cooperation, trade, and fostering financial integrity among member states. During a media workshop convened by the China Media Group, Tarar articulated his belief that this summit would positively influence Pakistan’s image amid promising developments in the country’s economy. He stated, “At a time when good news is coming regarding the national economy and fruits of economic development have started reaching the people, hosting the SCO summit will promote Pakistan’s image and its future prospects.” Tarar underscored the SCO’s vital role in regional collaboration and highlighted the honor for Pakistan to host such an important event. The summit is also expected to address pressing issues related to counter-terrorism and regional security, with Tarar recalling the sacrifices made by over 80,000 Pakistani citizens in their fight against terrorism. “Over 80,000 Pakistani citizens were martyred in the anti-terrorism war, which was meant to make the world a safer place. We hope that regional cooperation in counter-terrorism will promote peace in the region,” he asserted. In addition to security matters, the Minister emphasized the urgency of collaborative efforts to combat climate change, acknowledging Pakistan’s vulnerability to its adverse effects despite contributing less than one percent to global greenhouse gas emissions. “We have to bear the brunt of climate change’s damage in the form of floods and cyclones. Regional cooperation and a collective approach are important in dealing with climate change. With the cooperation of regional countries, we can work on the climate change agenda,” he remarked. Moreover, Tarar reiterated Pakistan’s commitment to achieving lasting peace in the Middle East, particularly emphasizing the tragic plight of the Palestinian people. “In the Astana SCO summit, we highlighted the issue of Palestine, and it is important to discuss the issue of Palestine in this meeting of the SCO,” he noted, condemning the violence perpetrated against Palestinians and advocating for their rights on platforms such as the SCO and the United Nations General Assembly. “The world should admit that there was genocide of innocent Palestinians in Palestine, and war crimes are being committed. We raised an effective voice on the issue of Palestine at the SCO and UN General Assembly forums,” he stated. Tarar also presented a positive outlook for Pakistan’s economy, citing favorable indicators such as rising remittances and increased IT exports. “Economic indicators of Pakistan are improving, and hosting the SCO summit at this point will prove beneficial for Pakistan,” he remarked, pointing out that remittances rose to $8.8 billion and IT exports reached $3.8 billion in the last quarter alone. The Minister highlighted the significance of advancing the digital economy, noting Pakistan’s youthful population and its potential to excel in freelancing and digital technologies. He further recognized the crucial economic support from countries like China, Saudi Arabia, and the UAE, which contributed to the successful negotiation of an agreement with the International Monetary Fund. Finally, Tarar called for enhanced financial integration and cooperation within the SCO framework, emphasizing Pakistan’s strategic position as a potential hub for regional trade. “There is a need for more financial integration and economic cooperation among the member states of the SCO,” he concluded, advocating for increased cultural exchanges and people-to-people connections to foster prosperity within the region.

The article discusses the significance of the upcoming SCO summit to be hosted by Pakistan. The summit seeks to enhance regional cooperation, trade, and address security concerns, including terrorism and climate change. It highlights Pakistan’s efforts to improve its international standing and economic development, emphasizing the role of regional collaboration in addressing these challenges. Additionally, the Minister’s remarks on the Middle East peace process and economic indicators reflect Pakistan’s broader diplomatic and developmental agenda.

The upcoming SCO summit represents a pivotal opportunity for Pakistan to strengthen its regional partnerships, enhance its economic prospects, and address vital issues such as counter-terrorism, climate change, and regional peace. The Minister’s assertive stance on these matters not only underscores Pakistan’s commitment to collaborative regional efforts but also reflects the potential benefits that hosting such a significant event can bring to the nation’s economy and international relations.

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