ISLAMABAD: Prime Minister Shehbaz Sharif announced on Monday that Pakistan and Iran aim to boost bilateral trade from the current $3 billion to $10 billion in the coming years, citing significant growth potential.
Speaking to IRNA ahead of his Tehran visit, Sharif noted that trade had increased substantially over the past few years and expressed confidence in the potential for even greater expansion.
The prime minister highlighted the importance of sustained economic engagements, including discussions for a free trade agreement (FTA) between the two countries.
He emphasized the economic interlinkages between Pakistan’s Balochistan and Iran’s Sistan-Baluchestan provinces, underscoring the positive regional impact such cooperation could have, particularly in combating terrorism.
Sharif also expressed gratitude for Iran’s support during Pakistan’s conflict with India, stating that his visit aimed to thank the Iranian leadership for their solidarity and offer of mediation, which Pakistan accepted, but India rejected. He noted that the visit would include discussions on bilateral relations and mutual interests, particularly in the areas of regional cooperation and support for the Muslim Ummah.
Reaffirming his stance on regional peace, Sharif reiterated that lasting stability in the region hinges on resolving the Kashmir and Palestine issues in accordance with the aspirations of the people there.
He also expressed hope for positive outcomes in the ongoing Iran-US talks, with a focus on diplomacy and engagement to avoid conflict and promote peace and security in the region.
Sharif’s visit to Tehran highlights the growing cooperation between Pakistan and Iran and the shared goal of strengthening regional stability and economic prosperity.
