Speaker National Assembly Asad Qaiser on Tuesday said that multilateral cooperation is imperative for regional development and economic prosperity.
He remarked that ECO region with an area 8 million Square kilometer and vast population of 460 million has immense potential of mutual cooperation in the spheres of trade and economy.
He expressed these views during his welcome address in inaugural Session of 2nd General Conference of Parliamentary Assembly of the Economic Cooperation Organization (PAECO) in Islamabad.
Speaker Asad Qaiser said that 10 members of ECO can capitalize their potential by Parliamentary cooperation especially in the context of the negatives of COVID-19 Pandemic.
He said that Parliament of Pakistan successfully organized a seminar to explore the opportunities to promote trade between Pak-Afghan in 2020 and multiple initiatives has been taken under the Executive committee Pak-Afghan parliamentary Friendship Group.
While mentioning the plight of innocent Kashmiris and Palestinians, he remarked that world should take stock of the gross violations of basic human rights in Indian Occupied Jammu&Kashmir and in Palestine.
He said that without resolution of contentious issues like Kashmir and Palestine the sustainable peace cannot be achieved.
In their addresses the guest Speakers appreciated the Pakistan’s effort to bring ECO member Parliament on the plateform of PAECO. They also mentioned about vast opportunities in the field of economy and trade.
They mentioned of the need of close cooperation and connectivity among ECO member states.
The Guest Speakers mentioned that PAECO is not only a platform for regional parliamentary diplomacy throuth dialogue, consensus, synergy and alignment of national member Parliaments of the member states.