Pakistan Committed to Broader Economic Ties

Pakistani Minister for Finance, Revenue and Economic Affairs Asad Umar said his country is committed to enhancing economic ties with Iran.

He made the remarks in a meeting in Islamabad with Iran’s Ambassador Mehdi Honardoost, IRNA reported on Sunday. The minister said Pakistan is serious about removing trade barriers and expanding economic cooperation with Iran. “The finance ministry will continue to support efforts for further strengthening brotherly relations between Tehran and Islamabad,” he said. Umar expressed the hope that constructive meetings would be held between the two neighbors to boost trade relations. Honardoost referred to the existing trade barriers between the two countries and said economic ties can be enhanced by opening new border points, restoration of banking ties and resolving customs and border issues. He said that opening new border posts at Gabd–Reemdan and Mand-Pishin would help enhance two-way trade. Back in February 2017, Iran and Pakistan decided to open two new border posts along their shared borders to enhance and expand trade ties.