16 Apr 2024
Monday 12 May 2014 - 15:14
Story Code : 95630

Iran calls for closer economic ties with Pakistan

Iranian Minister of Economic Affairs and Finance Ali Tayyeb-Nia says Iran and Pakistan should overcome the existing obstacles in the way of Tehran-Islamabad economic relations.
In a meeting with his Pakistani counterpart Mohammad Ishaq Dar in Tehran on Monday, the Iranian finance minister underlined the determination of Iranian and Pakistani authorities to improve economic ties between the two neighboring nations and outlined the outstanding problems facing the promotion of such relations.

Tayyeb-Nia further stated that the Islamic Republic seeks to bolster links between the private sectors of the two countries, stressing that it is up to the Iranian and Pakistani administrations to set the stage for the enhancement of such ties.

The Pakistani minister, for his part, underscored his countrys determination to increase the level of economic cooperation with the Islamic Republic, expressing hope that the obstacles to Tehran-Islamabad ties would be removed as soon as possible.

Ishaq Dar arrived in the Iranian capital of Tehran on Sunday along with a delegation headed by Pakistani Prime Minister Nawaz Sharif for two days of talks with senior Iranian officials on issues of bilateral and regional significance.

On Sunday, Irans First Vice President Eshaq Jahangiri and the Pakistani prime minister signed nine memoranda of understanding (MoUs) to promote cooperation between the two neighboring countries.

Under the MoUs, Tehran and Islamabad agreed to set up a joint committee on border issues. They also agreed to boost cooperation in their fight against terrorism, drugs smuggling and money laundering.

By Press TV


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