ISLAMABAD: Chairman Senate Syed Yousaf Raza Gilani has said that Pakistan fully adheres to the “Shanghai spirit”, and is committed to building mutual trust, equality, mutual benefit, respect for diversity of civilizations and pursuit of mutual development.
According to a press release he made the remarks while addressing the Shanghai Cooperation Organization Business and Investment Conference as a chief guest on Friday.
He added that immense potential exists for trade, joint ventures and investment in areas such as energy, agriculture, infrastructure, and technology. He said Pakistan seeks to strengthen regional cooperation within the SCO by fostering economic ties with our partner nations. “Our strategic location, coupled with our rich natural resources and skilled workforce, makes us an attractive destination for foreign investment, Chairman Senate observed”, he said.
He said that China-Pakistan Economic Corridor (CPEC), provides vital access to international markets for Pakistan’s landlocked SCO.
He said, the Special Economic Zones, offer lucrative opportunities for investment and industrial growth, creating new avenues for innovation and employment across the region. He called for prioritizing cooperation in areas such as agriculture technology, digital infrastructure and to expedite sustainable economic development.
He added that promoting people-to-people contacts and business-to-business cooperation can build long lasting partnerships that benefit both the economies and the people. Chairman Senate asked the business community to explore new markets and promote economic integration.
He suggested the member states to encourage innovation and entrepreneurship through joint research initiatives, technology transfers and start-up partnerships to create new jobs and boost productivity.
Chairman Senate Observed that the Parliament of Pakistan, especially the Senate, has remained committed to supporting all efforts that strengthen cooperation under the SCO framework.
He also praised the FPCCI for organizing such an important event. “The SCO is not just a platform for dialogue, but a powerful engine for growth and cooperation”, he concluded.
