Shanghai Cooperation Organization commerce ministers conference kicks off in Islamabad today

ISLAMABAD: The 23rd meeting of ministers of the Shanghai Cooperation Organization (SCO) member states responsible for foreign economic and trade activities will kick off today, Thursday, in Islamabad, the foreign office said. 
The event will be attended by ministers of SCO countries dealing with external trade and commerce and be chaired by Pakistani Commerce Minister Jam Kamal Khan.
“In their deliberations, the SCO Ministers will focus on ways to bolster regional cooperation for enhancing trade, advancing sustainable development and promoting connectivity among SCO countries for enhancing economic prosperity in the region,” the foreign office said in a statement.
“Deliberations and outcome of this Ministerial meeting will be discussed and approved during the upcoming meeting of Council of Heads of Government scheduled to take place on 15-16 October 2024 in Islamabad.”
Pakistan is hosting the meetings in its capacity as the incumbent chair of the SCO Council of Heads of Government, the second highest SCO forum that deals with all economic, trade, social, cultural and humanitarian issues as well as the personnel and budgetary matters of the organization.
The SCO represents a major cross-regional bloc, accounting for nearly half of the world’s population and a substantial portion of global GDP. 
“Strengthening trade and economic ties within this framework is crucial for addressing shared challenges and tapping into the vast economic opportunities the region offers,” the foreign office added. “As the host and Chair of SCO-CHG, Pakistan is dedicated to using this platform to promote enhanced economic cooperation within the region.
“With its strategic geographical location and growing trade potential, Pakistan seeks to play a facilitating role in shaping the future of regional commerce and trade partnerships for the mutual benefit of the people of SCO countries.”