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Iran to increase trade to $5 bn with Pakistan
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IANS | 13 Mar, 2018
Iranian Foreign Minister Javad Zarif on Monday vowed to increase his
country's trade with Pakistan to $5 billion by 2021, as the current
trade volume is around $1.16 billion between the two neighbours.
Zarif
made the remarks during his meeting with Pakistani Prime Minister
Shahid Khaqan Abbasi here, said a statement by the Prime Minister's
Office. Efforts for strengthening of bilateral relations and issues
related to peace and security in the region were also discussed.
The
Iranian Foreign Minister, leading a 30-member delegation, arrived in
Pakistan late on Sunday on a three-day official visit for talks on
regional issues and literal matters.
He said that mutual efforts
of the two countries have resulted into enhanced economic and
people-to-people interaction, which should be further strengthened.
For
his part, Abbasi expressed Pakistan's desire to enhance mutually
beneficial economic cooperation with Iran including bilateral trade,
investments and commercial interaction, according to the statement.
Abbasi also emphasized the need to deepen connectivity to harness benefits from regional economic integration.
The
Prime Minister also 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 Iranian foreign minister is visiting Pakistan
for bilateral consultations and during this visit, he is also expected
to interact with relevant Pakistani ministers and senior civil and
military officials.
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