PM, Iranian president agree to increase volume of bilateral trade to US$10 billion in next five years

ISLAMABAD (92 News) - Prime Minister Muhammad Shehbaz Sharif met with Iranian President Dr Seyyed Ebrahim Raisi in Islamabad on Monday.

Ministers and senior officials from both sides were present in the meeting.

The two leaders discussed the entire range of bilateral relations and exchanged views on important regional and global developments.

Underscoring the rich history of relations between Pakistan and Iran, the two leaders reaffirmed commitment to expand wide-ranging bilateral cooperation, particularly in the areas of trade, energy, connectivity, culture and people-to-people contacts.

Both sides agreed to increase the volume of bilateral trade to US$10 billion in next five years.

They also agreed to cooperate in developing joint approaches to confront common challenges including the threat of terrorism.

President Raisi and the Prime Minister expressed strong and unequivocal condemnation of the indiscriminate use of force by Israeli occupation authorities in Gaza for over seven months and reiterated the call for international efforts to an immediate and unconditional ceasefire, lifting of the siege and humanitarian relief to the people of Gaza.

The prime minister lauded the Iranian leadership, especially Supreme Leader Ayatollah Ali Khamenei, for Iran’s unequivocal and principled support for the Kashmiri people and their legitimate rights.