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EghtesadOnline: President Hassan Rouhani said on Wednesday that the emerging Asian economies would change the direction of the world’s economy from the West to the East; and this would turn the twenty first century to the era of rising Asia.

He made the remarks while addressing the opening session of the 13th Summit of Economic Cooperation Organization (ECO) which began in Islamabad today, according to IRNA.

“Our continent Asia is going to pump the heart of the world’s economy in the second half of the present centaury,' said the President stressing 
that promotion of connectivity will help development and prosperity in Asia.' 

He further noted, “The unique status of our countries in transit and transport as well as energy and commerce has put the ECO in an ideal position. The ECO can and should play a prominent role in building the future economy of our region. 

“Situated on the shores of several strategic waterways of the world and being neighbor to five important bodies of water, our countries have provided unique geopolitical and territorial conditions for our organization. 

“There is no other trade and transit route linking Europe to Asia more cost-effective and shorter than the ECO pathway.” 

President Rouhani strongly believed that the economic strengthening of the ECO is tied to the closer link among the member states.

“Mobilizing our facilities, we are able to encourage and accelerate more growth for our countries. The economic strengthening of the ECO is tied to the close link among our people. We should remove impediments over connections among our people so that they enjoy facilitated visits and cooperation. Our cultural commonalities are precious assets for our economic integration.”

“The message of this summit to the entrepreneurs of the ECO Member States should be higher horizons, more integrity and closer bonds,” stressed President Rouhani.

He referred to “Terrorism and Takfiri thoughts” as “a common threat to all of us; and it is necessary to establish more coordination and cooperation in confrontation with this vicious phenomenon. 

“To overcome such problems, we should stop seeking hegemony, and cooperate instead in building a stronger region. I firmly believe that we can weather this crisis unharmed, provided that we stop unnecessary and destructive rivalry and believe in our ability to resolve our own problems and mobilize our desires to return to our historical status, meaning the highway of civilization, culture and commerce.

“The Islamic Republic of Iran, having long joint borders with the six ECO Member States, deeply honors joint interests and bonds with its neighbors. Not only do we see no obstacle in deepening our relations and cooperate with the ECO Member States, but also we are prepared to enter into a more extensive scope of cooperation with the other players. 

“The successful experience of nuclear negotiations which were concluded within a win-win framework, has paved the way for taking a huge leap in regional cooperation with the ECO Member States with such a fruitful and hopeful approach. The end of the fabricated crisis over the peaceful nuclear activities of Iran and the accomplishment of such a significant international deal which has been ratified by the Security Council of the United Nations are an impressive achievement not only for Iran and the ECO, but also for the world over.”

President Rouhani concluded his statement with urging the participants to “focus our attention on our commonalities and turn differences to strengths with dialogue and cooperation. 

“Let’s believe that our power resides with our connectivity. Let’s make our connectivity more sustainable.”

ECO Hassan Rouhani Asia economy Iran-ECO