Pakistan and Iran yesterday signed five memorandums of understanding (MoUs) to boost cooperation in the field of investment, economic and technical assistance, small and medium enterprises, ports and handicraft.
Prime Minister Nawaz Sharif witnessed the signing of MoUs yesterday evening at the 19th session of Pakistan-Iran Joint Economic Commission (JEC). Minister for Economic Affairs and Finance Dr Ali Tayyebnia headed the Iranian delegation to the meeting.
Ahead of the signing ceremony, the visiting minister called on the prime minister and discussed Pakistan-Iran bilateral relations, with particular reference to economic dimension. Both the sides underscored the importance of deep bilateral relations for increased trade and economic cooperation.
The Premier expressed the hope that the session would open new avenues of cooperation while fortifying the existing initiatives that the two brotherly countries have engaged in so far. The meeting agreed to increase mutual investment and bilateral trade between the two countries.
