- ISLAMABAD: Sheraz Sharif’s office, Pakistan’s Prime Minister Shehbaz Sharif congratulated Iran’s President-elect Masoud Pezeshkian on his victory in the most recent election held in his nation on Monday. The two leaders also talked about ways to improve trade and investment cooperation.
In the Friday presidential election in Iran, moderate candidate Masoud Pezeshkian received 53.7 percent of the vote, or 16.3 million ballots, to defeat hardliner Saeed Jalili’s 13.5 million votes. The 69-year-old candidate supported by reformists will take Ebrahim Raisi’s seat, who passed away in a plane tragedy last month.
PM Sharif claimed he spoke with Pezeshkian over the phone to congratulate him on his victory in a post on the social media platform X. “We talked about how to strengthen our partnership for regional stability and improve cooperation, especially in trade, commerce, and investment,” Sharif wrote on X. “Our two nations share a common vision for constructing a better future for our peoples as brothers and neighbors.” As Raisi landed in Islamabad in April, Pakistan and Iran decided to increase their bilateral commerce to $10 billion.
Memorandums of understanding and agreements covering trade, science and technology, agriculture, health, culture, and judicial affairs were signed by both countries.Despite several trade agreements, relations between Pakistan and Iran have historically been tense, with Islamabad historically having a closer relationship with the US and Saudi Arabia.
Their most well-known contract is a gas supply arrangement that has been on hold since 2010 and calls for the construction of a pipeline connecting Pakistan’s southern regions of Sindh and Balochistan to Iran’s South Fars gas field.
The two nations frequently argue about the instability on their porous shared border and accuse each other of failing to put an end to militancy.When Pakistan and Iran exchanged airstrikes in January, both claiming to be targeting suspected militant hideouts in the other country, tensions escalated. Since then, both parties have renewed their bilateral ties and made peace gestures.
