Iran, Pakistan urge enhanced trade ties

Iranian Foreign Minister Ali Akbar Salehi and Pakistani Senate Chairman Farooq H Naik have stressed the importance of realizing the two countries’ potential to increase trade.

In a meeting in the Iranian capital of Tehran on Thursday, the Iranian minister said Tehran and Islamabad have the potential to promote economic cooperation.

He added that Iran made great achievements in various industrial and scientific fields during recent years and expressed the country’s readiness to transfer electricity to Pakistan.

The top Iranian diplomat said the two countries can establish a joint security commission.

Salehi also offered Pakistan to join the Ashgabat five-party agreement, which establishes a Central Asia-Persian Gulf transit corridor.

On April 25, foreign ministers of Iran, Turkmenistan, Uzbekistan, Qatar and

Oman signed an agreement on transportation and the transit of goods via railway, sea and land.

The deal establishes a transit corridor which connects the Persian Gulf and Central Asia and facilitates the transit of goods between regional countries.

The Pakistani Senate chairman, for his part, said as two important members of the Economic Cooperation Organization (ECO), Iran and Pakistan should expand relations in all fields.

Naik arrived in Tehran on Wednesday at the head of a delegation to hold talks with senior Iranian officials.