Pakistan pushes for deeper ties with SCO

Lends support to joint projects, tech transfer and capacity building


APP June 04, 2025
FM Aurangzeb PHOTO:Express News

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ISLAMABAD:

Minister for Finance Muhammad Aurangzeb on Tuesday reiterated Pakistan's commitment and readiness to enhance cooperation under the Shanghai Cooperation Organisation (SCO) to foster economic prosperity, stability and sustainable development across the region.

He reaffirmed Pakistan's strong engagement with the organsiation during a virtual address at a meeting of finance ministers and central bank governors of the SCO member states in Beijing.

Emphasising the significance of Pakistan's membership of the SCO, he described the organisation as a vital platform for forging cooperation and strengthening economic ties among member countries.

He called the SCO Charter and the "Shanghai Spirit" principles as guiding tenets for deepening partnerships and praised the growing SCO role in exploring opportunities for regional development.

Aurangzeb highlighted that the SCO has contributed to promoting trade, investment and financial cooperation while reinforcing regional stability and prosperity. He lent Islamabad's support to proposals for undertaking more joint projects, technology transfer and capacity-building initiatives.

He also emphasised the importance of digital economy and financial inclusion in driving equitable development and urged for a collective response to global challenges such as economic slowdown, widening inequality and climate change.

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