Trade & investment, banking systems: Iran reiterates interest in bolstering cooperation

ISLAMABAD: Iranian Deputy Minister for Economics and Finance, Reza Bakhshiani Thursday reiterated keen interest in bolstering cooperation across various sectors, including mutual development projects, investment, banking systems, and trade relations with Pakistan.

Bakhshiani called on Humair Karim, the Acting Secretary of the Ministry of Economic Affairs, Islamabad.

During the meeting, the two officials discussed the longstanding friendship and cooperation between Iran and Pakistan, with a focus on enhancing economic ties for the mutual benefit of both nations.

Karim underscored Pakistan’s commitment to nurturing the historic and amicable relations shared between the two neighbouring countries. He expressed Pakistan’s desire to strengthen these relations further, fostering increased trade and economic opportunities.

Karim appreciated the substantial progress achieved following the 21st Joint Economic Committee (JEC) meeting held between Pakistan and Iran in August 2022. Both sides agreed to hold bilateral talks and follow-up meetings to implement the decisions made during the 21st JEC and prepare for the 22nd JEC to be held in Iran.

This visit by Reza Bakhshiani, Iranian Deputy Minister for Economics and Finance, marks another step forward in the enduring partnership between Iran and Pakistan.

Both nations remain committed to fostering cooperation that will not only benefit their economies but also contribute to the stability and development of the broader region.

Copyright Business Recorder, 2023