News ID: 254572
Published: 0324 GMT June 19, 2019

Pakistan’s parliament welcomes establishment of joint bank with Iran

Pakistan’s parliament welcomes establishment of joint bank with Iran

Chairman of Pakistan National Assembly’s Standing Committee on Finance, Revenue and Economic Affairs, Asad Umar, on Wednesday welcomed the proposal made on the establishment of a joint Iran-Pakistan bank.

Umar said this while talking to a four-member Iranian delegation led by the head of Iran-Pakistan parliamentary friendship group in Majlis, Ahmad Amirabadi Farahani, in Islamabad on Wednesday, IRNA reported.

The Iranian envoy said at the meeting that Iran and Pakistan share deep religious, cultural and economic ties. He noted that both countries have been enjoying strong brotherly ties in the past.  

The Iranian lawmaker proposed the establishment of a joint bank between Iran and Pakistan along with doing business in local currencies to boost economic ties between the two sides.

Amirabadi Farahani stressed the importance of establishing border markets and industrial zones at joint borders. He said that peace in the border region would strengthen trade ties between Iran and Pakistan.

He expressed the hope that Pakistan would take concrete steps to materialize the Iran-Pakistan gas pipeline project.

Welcoming the proposals made by Iranian lawmaker, Umar said that the National Assembly’s Standing Committee on Finance would not hesitate to take any step to enhance financial ties with Iran.

The former finance minister said that his parliamentary committee would try its best to bring the two countries closer together.

The speaker of the National Assembly, Asad Qaiser, and the leader of the opposition, Shahbaz Sharif, welcomed the Iranian lawmakers at the Pakistan National Assembly.

The Iranian delegation arrived in Islamabad on Sunday for talks on bilateral ties and parliamentary cooperation between the two countries.


Security Key:
Captcha refresh
Page Generated in 1/0142 sec