Iran, Pak to Talk About Common Free Trade Zones

November 22, 2003 - 0:0
ISLAMABAD (Mehr News Agency) -- Pakistan will start the negotiations on common free trade zones without any prerequisite, Pakistani Cabinet stated here on Friday.

The idea which came through a declaration issued by the cabinet stressed that this would improve the bilateral trade rate which had been recently declined. Ministry of Trade and Ministry of Foreign Affairs stressed their agreement with the decision.

During the past month, Iran has sent an economic mission to Pakistan to discuss mostly about the bilateral cooperation in trade, agriculture, and transportation. But Pakistani officials had called the bilateral cooperation to establish a common free trade zone seems unlikely to reach. RN/IS END MNA