Pakistan and Iran on Monday agreed to enhance bilateral trade ties and promote business activities at the border areas to ensure development and prosperity of the people of the two countries.
Prime Minister Muhammad Shehbaz Sharif, in a press talk along with President of Iran Dr Ebrahim Raisi after witnessing the signing of bilateral agreements and MoUs here at the PM House, said under the leadership of the Iranian President, the two countries could bring development and prosperity in their respective sides by turning their borders into hub of business activities.
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He said during their meeting, the two sides held detailed discussions on various fields of mutual interests including economy, trade, investment, diplomacy, security and culture.
The Iranian President, who arrived here on Monday on his three-day official visit to Pakistan along with a high powered delegation, said that the trade volume between the two brotherly countries was not below the existing potential and they wanted to increase the volume to US$10 billion annually in next five years.
He stressed that steps were needed to enhance border markets to give spur to the business and trade activities at the border areas, besides enhancing security.
He said that the two countries shared common affinities and no one could separate them, adding the two sides in their meetings, decided to further promote the bilateral ties between the two countries in trade and economic sectors.
President Dr Raisi said that there were a number of common issues including fight against terrorism, efforts to curb organized crimes and smuggling, in which the two sides could enhance their cooperation.
The president stressed that it was significant to further broaden the bilateral ties for the benefits of the two countries, besides continuity of cooperation at the highest level.
