Iran-Pakistan economic ties will help boost sustainable security

IRNA – Iran’s Interior Minister Abderreza Rahmani Fazli said that enhancement of economic relations between Iran and Pakistan will help promote the two countries’ sustainable security.

According to the Ministry’s website, after signing a memorandum of understanding (MoU) in the 20th meeting of Iran-Pakistan Joint Commission of Economic Cooperation with Pakistan’s Minister for States and Frontier Regions Abdul Qadir Baloch, Rahmani Fazli added, “After expert discussions in various sessions since months ago, we have reached good deals with the Pakistani delegation in the fields of economy, trade, industry, energy, communications and issues of security concern.”

He hoped that following the implementation of ratifications of the 20th meeting of Iran-Pakistan Economic Commission, effective steps would be taken in line with consolidating bilateral ties.

The Iranian minister further noted that it was agreed to set up a main as well as eight ancillary committees to hold joint sessions in the next four months in a bid to organize the 21st meeting in Pakistan.

16 documents and agreements have already been signed between the two countries and the 20th meeting stressed the need for implementing them. During the same meeting, 12 documents were ratified.

Rahmani Fazli also hoped that suitable steps would be taken in line with promoting bilateral relations, especially in border areas, through mutual cooperation and with giving priority to neighboring states, Pakistan in particular.

The two countries have taken long strides in the fields of investment, trade and economy following the implementation of the Joint Comprehensive Plan of Action (JCPOA), he said, noting that the two countries’ governors of central banks reached an agreement a few days ago.

Solution of banking transactions problem will help promote cooperation between the two countries and these factors pave the way for growth in the level of the two countries’ economic and commercial collaboration, Rahmani Fazli said.

The Pakistani minister Baloch, for his part, described his talks with the Iranian delegations as fruitful, saying that during President Rouhani’s trip to Pakistan, good negotiations were made, which prepared the ground for further cooperation.

Now, a suitable atmosphere has been prepared for boosting bilateral relations, particularly in the field of trade, he said, noting that the two countries have strong resolves for developing ties.