Iranian foreign minister in Islamabad for 3-day visit

Alicia Farmer
March 12, 2018

Addressing the forum, Iranian Foreign Minister Javad Zarif said in the seventy-year friendship both Pakistan and Iran stood by each other in hard times.

Prime Minister Abbasi emphasized the need to deepen connectivity to harness benefits from regional economic integration.

He said cooperation between state bank of Pakistan and Bank Milli Islami will also be promoted.

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.

While addressing the Pak-Iran Business Forum on Monday, the Iranian foreign minister shared that there has been a 50 per cent increase in trade between Pakistan and Iran since a year ago. He said as neighbours, both Iran and Pakistan can play an important part in achieving peace in the region.

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Zarif further said the Islamic Republic also seeks to promote its banking relations with Pakistan and boost preferred tariffs levied on traded goods. He also hailed the increasing interaction between the two countries' administrations as a positive sign.

Zarif is also expected to meet Prime Minister Shahid Khaqan Abbasi and military chief Gen. Qamar Javed Bajwa, a diplomatic source told Xinhua.

Pakistan's Foreign Ministry spokesman Mohammed Faisal on Thursday said his country and Iran remain actively engaged in enhancing cooperation in all areas of mutual interest, Arab News reported.

The two countries are continuing to face challenges in ties despite the apparent improvement in them since Army Chief Gen Qamar Javed Bajwa's trip to Tehran late past year.

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