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Pakistani trade ties with Iran to be facilitated

Tehran, The Finance Ministry of Pakistan, in a statement on Saturday, stressed that trade relations between Pakistan and Iran would be facilitated in accordance with coordination with Iran.

Pakistani daily Tribune wrote that Islamabad and Tehran are calling for a further increase in bilateral trade relations, which will help the two neighboring countries' trade.

Following the Friday meeting of Omar Asad, Pakistan's Finance Minister, with Hasan Abqari, the managing director of the Iran's Foreign Investments Company, the Pakistani Finance Ministry, called for economic engagement with Iran, and the Iranian official was reassured by Pakistan's support for facilitating bilateral trade.

Pakistan's Finance Ministry reiterated that the government of Islamabad has taken the necessary steps to facilitate border trade which will be beneficial for both parties' economic interests.

There is an enormous potential between the two neighboring countries (Iran and Pakistan) to improve economic cooperation, and both countries need more investment in order to attract opportunities for bilateral trade, the Pakistani government said.

At a meeting between the two authorities, the two sides also discussed the removal of problems and obstacles to the expansion of trade relations between the two countries.

Speaking at a gathering of supporters of the ruling Tehreek-e-Insaf party in Bajaur, Pakistani Prime Minister Imran Khan said that Iran is our neighbor and two countries have fraternal relations'.

Referring to his recent phone talk with Iranian President Hassan Rouhani, he added, 'The Islamic Republic of Iran is close neighbor and our brother, and the relations between the two countries will be strengthened in the future.'

Source: Islamic Republic News Agency - IRNA


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