Volume. 12229

Pakistan seeking expansion of ties with Iran
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TEHRAN – Pakistan’s ambassador to Iran has said that Islamabad is seeking to expand its economic relations with Iran. 
Iran and Pakistan can draw on their enormous trade potential to increase bilateral relations, Ambassador Noor Mohammad Jadmani said in an interview with IRNA published on Saturday. 
He said leaders of the two countries are making efforts to pave the way for expansion of ties. 
The two sides have reached a consensus that the value of trade between the two countries should reach five billion dollars over the next five years, he said.
He also said that the level of bilateral trade has not been desirable over the past few years and has decreased from about two billion dollars to about 300 million dollars. 
Economic and banking sanctions and restrictions on Iran have been the main cause of the decline in bilateral trade, he explained. 
In addition, he said that Pakistan needs energy supplies from Iran and is able to export textile and foodstuff to Iran. 
On the cooperation between Tehran and Islamabad on the issue of terrorism, the ambassador said that Pakistan needs regional countries’ support to be able to deal with the issue.
“Cooperation among bordering countries will help us to eradicate terrorism in the region, and this will be to the benefit of everyone,” he said. 

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