ISLAMABAD: Prime Minister Imran Khan Tuesday said that Pakistan, being a founding member of South Asian Association for Regional Cooperation (SAARC), attached great importance to the organization’s success and reaffirmed its commitment to the objectives and purposes of its Charter.

“It is only through adhering to the principles of sovereign equality and mutual respect among Member States, that we would be able to utilize the true potential of SAARC and achieve our cherished goal of a prosperous and developed South Asia,” the prime minister said in a message on 36th SAARC Charter Day being observed on December 8.

On behalf of the people and the Government of Pakistan, the prime minister felicitated the Governments and the citizens of the Member States of South Asian Association for Regional Cooperation (SAARC) on the charter day.

According to a press release of PM Office media wing, the prime minister further said the SAARC charter was envisioned to promote regional cooperation and to accelerate the pace of social and economic development in South Asia.

“The Association encapsulates the hopes and aspirations of one fifth of humanity.

It symbolizes the hope that the challenges faced by the region can be overcome through regional cooperation,” he observed.

The prime minister further said Pakistan’s pivotal geo-economic location offered a great opportunity for the region.

“My government’s vision for Pakistan is to leverage our location to act as a trade and transit hub to benefit the peoples of region and beyond.

It is unfortunate that due to longstanding unresolved disputes amongst the Member States, SAARC countries have been unable to take advantage of Pakistan’s potential as a melting pot for positive economic interest and consequently the region has not been able to achieve the desired socio-economic cooperation and prosperity in the region so far,” the press release quoted the prime minister as saying.

Prime Minister Khan expressed the hope that the SAARC process would be allowed to move ahead without artificial obstacles being erected in its progress and SAARC would be enabled to function as an effective instrument of regional cooperation.

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