PAKISTAN IRAN REITERATE RESOLVE FOR 5 BILLION TRADE TARGET BY 2021

Founder Editor Tazeen Akhtar..

Dr. Javad Zarif, Foreign Minister of Iran called on the Prime Minister today. They discussed efforts for strengthening of bilateral relations and issues related to peace and security in the region. Prime Minister reaffirmed Pakistan’s desire to enhance mutually beneficial economic cooperation with Iran including bilateral trade, investments and commercial interaction. He added that in order to meet the bilateral trade target of $ 5 billion by 2021, the two sides should work together in all earnest.

The Prime Minister emphasized the need to deepen connectivity to harness benefits from regional economic integration. He expressed his commitment to work to resolve the issues in implementation of Iran-Pakistan Gas Pipeline Project including the financing of pipeline infrastructure and the scope of snap back clause. The Prime Minister said that Pakistan was working towards realizing our vision of a peaceful and inter-connected region for shared progress and prosperity. We believe that a peaceful and stable Afghanistan is vital for economic progress of the region and Pakistan and Iran as the two neighbouring countries can make important contribution for achieving this objective. He also thanked the Iranian leadership for their steadfast support to the principled struggle of Kashmiris.

The Iranian Foreign Minister appreciated the increasing high level interaction between the two countries. He said the mutual efforts of the two countries have resulted into enhanced economic and people-to-people interaction, which should be further strengthened. Dr. Javad Zarif also appreciated Pakistan’s efforts for strengthening border management to prevent illegal cross border activities. Dr Javad Zarif is visiting Pakistan from 11-13 March for bilateral consultations with the Foreign Minister. During this visit, he is also having interaction with relevant Ministers and senior civil and military officials

Dr. Javad Zarif, Foreign Minister of Iran who is on a visit to Pakistan from 11-13 March, 2018, today held consultations on bilateral relations and regional peace and security with Khawaja Muhammad Asif, Foreign Minister of Pakistan at the Ministry of Foreign Affairs. 



The two sides agreed to continue engagement for enhancing economic cooperation including bilateral trade, investments and commercial interaction to promote shared prosperity. They reiterated their resolve to achieve the target of $ 5 billion by 2021 through regular exchange of trade delegations, establishing banking channels, holding trade exhibitions and addressing tariff and non-tariff barriers. They further resolved to conclude the FTA on priority. 



The Foreign Ministers underlined that as two brotherly neighbouring countries Iran and Pakistan would deepen connectivity between the two sister ports of Gawadar and Chahbahar to benefit from their complementarities. 



Pakistan and Iran strongly condemned terrorism in all its forms and manifestations and appreciated increased cooperation in border security. To facilitate movement of people and goods across the border, it was agreed to expedite operationalization of two new border crossings. 



The two Foreign Ministers also exchanged views on important developments on regional and international peace and security. They supported political resolution of the Afghan conflict for durable peace and stability in Afghanistan, and the region. 



Expressing concerns about growing presence of Daesh in Afghanistan and its implications for regional security, the two sides underlined the need for further cooperation against trans-national terrorist groups. 




Pakistan and Iran reiterated support for the peaceful struggle of the peoples of Palestine and Kashmir for their right to self determination. The two countries also emphasized the need for honouring of the JCPOA commitments by all parties. 



To commemorate the 70 years of establishment of diplomatic relations between Iran and Pakistan, Foreign Minister Javad Zarif delivered a talk at the Institute of Strategic Studies, Islamabad this afternoon.