PAK-IRAN BORDER: Prime Minister Shehbaz Sharif on Thursday said that Pakistan and Iran have decided to finalise the Free-Trade Agreement soon to exploit the immense potential in investment and trade.
The bilateral cooperation and ties were discussed in a meeting between PM and Iranian President Ebrahim Raisi after the two inaugurated the Mand-Pishin border market. Following the “very productive and positive” meeting, the PM told a gathering of local elders that the two sides have decided to move forward in the areas of trade, agriculture, investment, information technology and other sectors. The two leaders also decided to exploit the potential for cooperation in power transmission.
The PM told the gathering that on his suggestion, the Iranian president has also assured to move forward for boosting cooperation in the solar energy sector. The PM said that during the meeting, he also put forward the suggestions regarding the China-Pakistan Economic Corridor (CPEC) and that the two sides would take steps for implementation of the decisions taken in the meeting.
Regarding the inauguration of Mand-Pishin border market, the PM said the facility would boost trade activity in the adjoining areas and would get an uplift as trade centers would be constructed over there. PM Shehbaz also invited the Iranian president to visit Pakistan, which the latter accepted.
Coming to the project of 100 megawatt Gabd-Bolan transmission line, the PM said the project faced immense delay in the past and added the incumbent government ensured its completion in record time. He further said Iranian President Raisi also took keen interest in the project. He said the matter pertaining to the power tariff had also been resolved amicably with the Iranian government. — APP
