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SCO Summit will serve as catalyst for regional connectivity: President RCCI

WNAM: by WNAM:
October 13, 2024
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SCO Summit will serve as catalyst for regional connectivity: President RCCI
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WNAM REPORT: The Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed hope that the Shanghai Cooperation Organisation (SCO) summit being held on October 15-16 will serve as a catalyst for further regional connectivity and cooperation between the states.

RCCI President Usman Shaukat in a statement said that SCO summit is paramount in enhancing bilateral relations between the member states. Pakistan being the host of this year’s summit will play a key role in promoting bilateral relations and regional connectivity, he added. A pivotal moment for regional cooperation and shaping a shared future, he said.

Usman Shaukat further added that Pakistan’s strategic location positions it as a natural hub for trade and connectivity within the SCO. With direct access to the Arabian Sea and proximity to China and Central Asia, initiatives like CPEC are unlocking new trade routes and boosting regional cooperation

The SCO member states represent 40% of the global population and 32% of the world’s GDP—highlighting their powerful potential to influence the future of the global economy and international relations.

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