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Iran, Pakistan Signed MoU on Expansion of Co-op in Free Zones.

The MoU was signed in the presence of Punjab Chief Minister Mian Muhammad Shahbaz Sharif and the visiting Governor of Iranian Province Khorasan Razavi, Javad Mohammadizadeh. According to the reports by Pakistani news sources, the MoU was signed by the chairman of the Punjab Industrial Estates Development and Management Company and managing director and vice president of the Board of Directors of Sarakhs Special Economic Zone Organization of Iran. Based on the MoU, both the authorities agreed to encourage and promote investment and co-operation, establish offices and keep each other informed about their activities, provide and exchange information and publications. It was also agreed to identify areas of investment for mutual benefits under joint ventures and to launch joint research for statistical data to explore possibilities of trade, investment, industrial and technological cooperation.

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Publication:Moj News Agency (Tehran, Iran)
Date:Jan 19, 2009
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