Pakistan’s Prime Minister Shehbaz Sharif says that promoting the use of national currencies for mutual settlement by Shanghai Cooperation Organization (SCO) member countries in the region can help avoid international financial shocks.
He was addressing the SCO Summit in Astana, Kazakhstan on Thursday.
He said that ‘Pakistan Shanghai Cooperation Organization (SCO) also supports the proposal to establish an Alternative Development Funding Mechanism to give necessary impetus to various stalled development initiatives.
According to the Prime Minister, Pakistan is fully aligned with the socio-economic and security objectives of the Shanghai Cooperation Organization.
Our relationship with the member countries of the Shanghai Cooperation Organization is centuries old. For us, the Shanghai Cooperation Organization is another natural association of countries where brothers, neighbors and friends come together to discuss and find solutions to our common concerns for the socio-economic development, peace and prosperity of our people and the region. do.’
Sehbaz Sharif said that in 23 years, Shanghai Cooperation Organization has established itself as a reliable and effective inter-regional organization.
‘We welcome the growing interest of countries to join the Shanghai Cooperation Organization.
‘Today we meet in the shadow of new and temporary realities where the inexorable processes of globalization and interdependence have taught us that our destinies are intertwined and that the solution to our common challenges lies in working together.’
According to Prime Minister Shahbaz Sharif: ‘It is our responsibility as leaders to move beyond partisan geopolitics and join hands to ensure a peaceful and prosperous future for the people.’
SCO leaders have repeatedly emphasized the importance of investing in the connectivity of the SCO region through efficient transport corridors and reliable supply chains.
Shahbaz Sharif said that ‘Akstan’s location makes it an ideal trade route for the entire region. The flagship project of the Belt and Road Initiative, the China Pakistan Economic Corridor complements the Shanghai Cooperation Organization’s vision of regional connectivity and economic connectivity.
Prime Minister of Pakistan Shahbaz Sharif today Kazakhstan are participating in the two summits of the Shanghai Cooperation Organization (SCO) Council of Heads of State and SCO Plus in Astana.
Prime Minister in his address to the meeting of the heads of states of Shanghai Cooperation Organization Shahbaz Sharif Pakistan’s perspective on important regional and global issues has been presented.
The Prime Minister will also address the SCO Plus Summit and highlight the country’s stand on important regional and global issues.
Today, the Prime Minister is also expected to meet with the President of Kazakhstan, Qasim Jomart Tokayev.
Earlier, an informal dinner meeting of the Foreign Ministers of Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Pakistan, Turkey and Uzbekistan was also held in Astana on Thursday before the SCO Heads of State meeting in which Deputy Prime Minister and Foreign Minister Ishaq Dar attended.
After this informal meeting, an agreement on environment protection was also signed among the member countries of the Shanghai Cooperation Organization this morning.
Deputy Prime Minister Ishaq Dar signed on behalf of Pakistan.
Prime Minister Shehbaz Sharif said on Wednesday that relations between Pakistan and Russia do not depend on any country or geopolitical situation and mutual relations between the two countries are established in a positive manner.
The Prime Minister attended the meeting of the Shanghai Cooperation Organization Council of Heads of States in Astana, where he also met Russian President Vladimir Putin on the sidelines.
After the meeting, the Pakistani Prime Minister said in his speech that Pakistan and Russia have long-standing mutual relations.
Shahbaz Sharif said that mutual relations between Pakistan and Russia will be strengthened.
He also congratulated the Russian President on his victory in the recent elections.
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According to the official news agency Associated Press, Prime Minister Shahbaz Sharif and Russian President Putin agreed to strengthen relations in various fields, including trade and energy.
He said that ‘Pakistan and Russia relations are moving in a positive direction, I am willing to work together with you to make these relations more stable.’
The Prime Minister said that we can benefit from your experiences and promote mutual trade which is currently around one billion dollars. On my request you agreed to promote energy cooperation with Pakistan, we have received oil supply from Russia and we want to increase it further.’
Prime Minister Shahbaz Sharif said that he wants to promote trade with Russia under barter system which will be beneficial for Pakistan and through this we can overcome many other problems.
On this occasion, Russian President Vladimir Putin said, “It is a great pleasure to meet you again. Two years ago, we met in Samarkand on the occasion of the Shanghai Cooperation Organization meeting and we agreed to advance bilateral issues.” had a conversation.’
Putin said that there are excellent relations between Pakistan and Russia, bilateral relations have further improved due to trade links between the two countries.
The President of Russia said that we can increase our cooperation in the fields of energy and agriculture, we will also increase cooperation with Pakistan in the field of food security.
Prime Minister Shehbaz Sharif arrived in Astana on July 3 to attend two summits of SCO Council of Heads of State and SCO Plus.
The Prime Minister was received by the Prime Minister of Kazakhstan and others at the Nursultan Nazarbayev International Airport.
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2024-07-04 18:10:59