Pakistan and Iran to finalise Free Trade Agreement soon: PM Shehbaz

Canada Global (Web News) The Free commerce Agreement between Pakistan and Iran will soon be finalised, according to Prime Minister Shehbaz Sharif, in order to take advantage of the enormous potential for commerce and investment.

After the two leaders opened the Mand-Pishin border market, Prime Minister Shehbaz Sharif and Iranian President Ebrahim Raisi met to discuss their bilateral relations and collaboration.

The prime minister announced to a group of local elders that the two sides had made a decision to advance in commerce, investment, information technology, agriculture, and other sectors following the “very productive and positive” meeting.

The two leaderships also made the decision to take advantage of the opportunity for electricity transmission cooperation.

He informed the group that the Iranian president had agreed to move forward with expanding collaboration in the solar energy industry after hearing his offer.

The prime minister stated that he brought up ideas for the China-Pakistan Economic Corridor (CPEC) during the meeting and that both parties would take action to put the choices made there into action.

Regarding the opening of the Mand-Pishin border market, the prime minister stated that the establishment would boost trade activity in the neighbourhood since trade centres will be built there.

The Iranian president accepted the invitation from Pakistani Prime Minister Shehbaz to visit.

The 100 megawatt Gabd-Bolan transmission line project, according to the prime minister, previously experienced significant delays, but the current administration made sure it was finished in a record amount of time. The initiative also piqued the interest of Iranian President Raisi, he continued.

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