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Published:October 22nd, 2007 09:09 EST
Afghan reconstruction, Iran to donate extra dlrs 600,000

Afghan reconstruction, Iran to donate extra dlrs 600,000

By SOP newswire

Foreign Minister Manouchehr Mottaki said on Saturday that the Islamic Republic of Iran is to donate an extra sum of dlrs 600,000 to ECO Fund to help Afghan reconstruction.

Mottaki made the remarks at the 17th annual meeting of the Council of Ministers (COM) of the Economic Cooperation Organization (ECO) in Herat, Afghanistan.

Calling for restoration of peace and stability in Afghanistan, he said the Iranian nation and government spare no efforts to help alleviate sufferings of the Afghan people.

Both Iranian private and state run organizations have endeavored to rehabilitate the war-stricken country, he said.

He expressed satisfaction with the current level of cooperation between the two countries.

Mottaki said that restoration of stability and tranquility in Afghanistan leaves positive impacts on regional countries.

Iranian nation stands by Afghan people shoulder to shoulder in dealing with their problems, he said adding that Iranian nation and government wish to help remove existing problems of the neighboring countries and spare no efforts to this end.

Mottaki said that the Islamic Republic of Iran has made contributions to Afghan reconstruction and will extend an extra dlrs 600,000 to help speed up reconstruction efforts.

Iran is keen to take advantage of ECO potentials to expand current level of regional and international relations, he said, adding that previous agreement signed in the 16th annual meeting of the Council of Ministers (COM) of the Economic Cooperation Organization (ECO) in Baku is a good instrument for expansion of regional and international cooperation.

The Iranian foreign minister said that given positive developments and the breakthrough made in expansion of regional cooperation between ECO members, it is necessary for the member countries to help remove existing barriers.

He said ECO's political leaders are determined to expand economic cooperation within rules and regulations of the organization.

He said that suitable grounds for expansion of cooperation on new projects and programs have been created which are in line with ECO rules and policies.

Regional organization such as ECO, can help further expand economic cooperation among neighboring states in order to make them well prepared to enter into global economy, he said.

Expansion of economic cooperation between regional states would help bolster political ties among them, he said.

Mottaki said that it is necessary for the ECO to be upgraded to a higher status in order to find its role in global economy and that solid cooperation among ECO members would disappoint foreign countries who wish to interfere in their affairs.

He said that any type of communication, contact with big political or economic powers should be based on mutual respects and interests and the prospects of future cooperation is very promising thanks to the significant cooperation underway among the member states.

Mottaki said that drawing up strategy for ECO 2015, the grounds for implementation of joint projects would be created.

"Expansion of banking cooperation, construction of rail roads beyond Asia region, benefiting from regional power networks, buy back insurance are among projects to be implemented by ECO in the future." Mottaki is scheduled to confer with the Afghan President Hamid Karzai on the sidelines of the 17th annual meeting of the Council of Ministers (COM) of the Economic Cooperation Organization (ECO) in Herat on Saturday.

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