Jan 16, 2019, 5:31 PM
News Code: 83173533
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Pakistan wants to enhance trade ties with Iran

Islamabad, Jan 16, IRNA - Pakistan Finance Minister Asad Umar said on Wednesday that Pakistan wanted to lift trade relations with all its neighbors and regional countries, including Iran, India, and Turkey.

Addressing the 11th annual report, launched by Burky Institute of Public Policy on Wednesday, the minister said that Iran was an important neighbour of Pakistan in the west and the world should stop creating trade impediments between the two countries.

“Whenever the World Bank and other international bodies come to me, they always say that intra-regional trade is extremely important to boost economic growth, and they also advise me to resume good trade ties with India, but strangely nobody asks me about another our important neighbour in the west, which is Iran,” he said. “Trade impediments have been created between Pakistan and Iran and I fail to understand the criteria fixed in the economic theory that trade with neighbour in the east is good whereas trade with neighbors in the west is not good.”

He hoped that “hypocrisy of the global community will also reduce” with time, adding that the prime minister had already taken an initiative with regard to developing trade relationships with India and hopefully the new leadership of India, after the general election, would give a positive response to the PM’s move.

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