Times of Islamabad

Pakistan to enhance economic ties with Iran

Pakistan to enhance economic ties with Iran

ISLAMABAD – Minister for Finance, Revenue and Economic Affairs (EAD) AsadUmar said Pakistan is committed to enhance economic ties with Iran andremove the trade barriers.

He made the remarks during a meeting in Islamabad with Ambassador of Iranto Pakistan Mehdi Honardoost.

The minister added Pakistan is serious about removing trade barriers toexpand economic cooperation with Iran.

He said the finance ministry would continue to support efforts for furtherstrengthening of the brotherly relations between Tehran and Islamabad.

Umar expressed hope that constructive meetings would be held between Iranand Pakistan to boost trade ties.

He went on to say that Iran is an important neighbor of Pakistan with whomwe have strong cultural, religious and historic ties.

Ambassador Honardoost on the occasion pointed out current trade barriersbetween the two countries adding that economic ties between Iran andPakistan can be enhanced by opening of new border points, restoration ofbanking ties and resolving customs and border issues.

He said that opening new border posts at Gabd–Reemdan and Mand-Pishin wouldhelp to enhance trade activities between the two friendly states.Both sides also agreed to continue dialogue on Iran-Pakistan Free TradeAgreement. On the occasion next meeting of Pak-Iran Joint EconomicCommission also came under discussion. – IRNA