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PR No. 113 MD Iranian Foreign Investment Company calls on Finance Minister Islamabad, March 15, 2019

Pakistan and Iran have reiterated their desire to enhance bilateral trade which would greatly benefit the two neighboring countries. This was discussed at a meeting between the visiting Managing Director of (IFIC), Mr. Hassan Abghari, and Finance Minister Asad Umar, here today. The Minister informed the MD, IFIC, that Pakistan wanted great economic engagement with Iran and assured him of Pakistan’s support to facilitate bilateral trade. He said there was tremendous potential of improving economic cooperation and both countries were required to capitalize on the existing opportunities in the area of bilateral trade. The Minister also apprised Mr. Abghari about the initiatives being taken by Pakistan for the benefit of the border community. He said that the government has directed the relevant quarters to take measures for facilitation of the border trade which will be beneficial for both sides. The meeting agreed to address the obstacles being faced by the two countries in the area of trade.

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