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Iran, Pakistan Agree to Strengthen Economic Ties.

Summary: TEHRAN (FNA)- Tehran and Islamabad have agreed to enhance cooperation in different fields, specially in economic areas, a senior Iranian diplomat announced.

Iranian Ambassador to Islamabad Mehdi Honardoust said that during his meeting with Pakistan's Minister of State for Finance Rana Muhammad Afzal Khan in the Pakistani capital the two sides signed a memorandum of understanding (MoU) to broaden bilateral ties in various fields, including the trade and economic areas.

The Iranian ambassador, meantime, said that resumption of banking ties between Iran and Pakistan is very important to enhance trade cooperation between the two brotherly and friendly states.

"We have already signed an agreement in this regards so it should be implemented as early as possible," he said.

"Our common enemies are working against us," he pointed out adding that the overall trend of strengthening relations was positive.

Pakistan's minister of state for finance, for his part, said that Iran-Pakistan relations have historical perspective and the two countries share common traditions.

He assured the Iranian ambassador that he will take appropriate steps for the resumption of banking ties between the two countries.

"I will be very intimately working on this to solve this problem; I will hold meetings with the top officials of the State Bank and National Bank of Pakistan to solve the matter, I will do my best," Afzal Khan said.

Expressing his views, Afzal Khan said banks are in private sector so we have to persuade them to do it, adding, "We have to take some banks on board and for them it is a good business."

He reiterated that Pakistan wants to have strong relations with Iran in all areas, and said, "We are brothers. We have to solve the problems we have to find the way, we don't want to delay this mater."

In relevant remarks in late December, Afzal Khan stressed his country's interest in the further broadening of relations with Iran.

Afzal Khan said Iran and Pakistan are two very important neighbors, but the level of trade between the two countries is very low.

He noted that the trade between the two even does not match the trade volume permitted under sanctions.

Afzal Khan said that the major reason for the low trade volume between the two countries is the lack of banking channel, and said, "I believe that trade with neighbors is the easiest trade in the world which will also help to enhance bilateral ties."

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Publication:FARS News Agency
Geographic Code:9PAKI
Date:Jan 13, 2018
Words:420
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