Wednesday, October 4, 2023

Pakistan and Iran promise to boost bilateral trade

Miftah Ismail, Pakistan’s Minister for Finance and Revenue, has emphasized the importance of making the most of the potential for commerce between Pakistan and Iran.

Today in Islamabad, the Iranian ambassador to Pakistan, Seyed Mohammad Ali Hosseini, paid him a visit and they had a conversation on the issue.

The Minister stated that Pakistan has always placed a high priority on its connections with Iran, which he used as an opportunity to highlight the long-standing brotherly and friendly relations that exist between the two nations.

He reaffirmed his determination to pursue any and all options available in order to greatly expand the volume of trade between the two countries.

The Iranian ambassador to Pakistan expressed his appreciation for Pakistan’s present economic policies and stated that the two nations had a significant opportunity for broad partnership in a variety of domains including energy, trade, and other areas.

Both parties underlined their contentment with the existing state of bilateral relations and demonstrated a strong desire to further strengthen their collaboration in a number of different sectors that are of mutual interest.

Read Also: Pakistan’s trade deficit increased by 55.29%

According to the Inter-Services Public Relations (ISPR), earlier in the day, Chairman Joint Chiefs of Staff Committee (CJCSC) General Nadeem Raza paid a visit to President Sayyid Ebrahim Raisi of Iran. During their conversation, they talked about ways to strengthen security and defense cooperation between the two countries.

According to the Islamic Republic of Iran’s Ministry of Public Relations, CJCSC General Sayyid Ebrahim Raisi and CJCSC General Nadeem Raza discussed matters of bilateral strategic interest and the regional security environment, including ways in which the two countries can strengthen their bilateral security and defense cooperation.

According to what was stated in the document, “both parties expressed the desire to establish substantive and long-lasting security and defense cooperation between the two countries.”

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