The prime minister further said that harmonising laws and regulations for trade practices, movement of merchandise and custom rules will facilitate better trade among partners.
Meanwhile, the SCO Council - which has increasing embraced strategic economic cooperation in addition to security - is likely to consider new membership applications. Pakistan's Prime Minister Shahid Khaqan Abbasi is also participating in the SCO retreat being hosted by the Russian Prime Minister Dmitry Medvedev. In June, India and Pakistan had become full-fledged members of the SCO.
She will be attending the restricted meeting of the heads of delegations on Friday, which will be followed by the preliminary sessions.
At the plenary, the prime minister would outline Pakistan's commitment to SCO's objectives, including fighting terrorism/extremism and its honest interest in ensuring regional peace, stability and development.
He also said that foreign secretary Tehmina Janjua on Wednesday went to the Anti-Terrorist Court (ATC) hearing of 2008 Mumbai attack case and "informed the court that the decision of the court to convey the names of the Indian witnesses required for testifying in this case was being considered by the Interior Ministry".
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At present, the SCO comprised of eight member states, including Pakistan, China, Russia, India, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.
Pakistan has been an observer with the SCO since 2005 and applied for its full membership in 2010.
The Shanghai Cooperation Organization (SCO) is a permanent regional global organization founded in 2001 to comprise China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan.
The summit is going to be attended by leaders from Pakistan and China.