Pakistan has reiterated its commitment to stand with SAARC's principles and objectives.

The commitment has made by Foreign Minister Shah Mahmood Qureshi during an informal meeting of the Council of Ministers of the SAARC held in New York on the sidelines of the General Assembly session.

He stressed that Pakistan considered SAARC an important platform for organizing a collective response to regional challenges, particularly the region's development needs.

Foreign Minister Shah Mahmood Qureshi says Pakistan is ready to host SAARC summit at any date agreed by its member states.

He also pointed out that there is a general positivity within the rest of the membership to move forward on the holding of the summit but one country is unnecessarily enacting hurdles and obstacles for its narrow gains.

He said Pakistan continued to insist that there is no alternate to dialogue and the attempt to scuttle the SAARC process is actually the major impediment in ensuring the prosperity, eliminating poverty in the region.

Meanwhile, Foreign Minister Shah Mehmood Qureshi has said that Pakistan is the most affected country by the menace of terrorism.

Talking in Asia Society New York, he said our citizens, police and army rendered unprecedented sacrifices in war against terrorism.

He said Pakistan suffered loss of over 125 billion dollars in war on terror.

The Foreign Minister said that Islamabad is desirous of peace and stability in the region and Afghanistan. He said we want cordial relations will all countries of the region.

He said Pakistan remained supporter of America on every occasion but, today India is its strategic partner.