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No competition between Gwadar and Chabahar Ports: Iranian FM

No competition between Gwadar and Chabahar Ports: Iranian FM

ISLAMABAD – Foreign Minister Khawaja Asif has stressed to develop favorableenvironment for trade between Pakistan and Iran.

He was addressing Pak-Iran Business Forum in Islamabad on Monday.

Khawaja Asif said trade volume between the two countries has reached tofive-billion dollars during last two years.

He said cooperation between state bank of Pakistan and Bank Milli Islamiwill also be promoted.

Addressing the forum, Iranian Foreign Minister Javad Zarif said in theseventy-year friendship both Pakistan and Iran stood by each other indifficult times.

He said there is no competition between Gwadar and the Chahbahar Port.