ISLAMABAD - Speaker National Assembly Asad Qaiser yesterday proposed a parliamentary moot in Islamabad to ponder over areas of possible cooperation on political and parliamentary engagements between Pakistan and Bosnia.

“Political and parliamentary engagement between both the countries would further solidify the relations and open new vistas of mutual cooperation,” said the speaker National Assembly in a meeting with Chairman Presidency of Bosnia and Herzegovina Sefik Dzaferovic.

Matters relating to enhancing bilateral engagement and cooperation came under discussion in the meeting. 

Speaker NA said that Pakistan shared religious, cultural and brotherly affinities with the people of Bosnia & Herzegovina and relations between the two countries were manifested by mutual support at times of need. 

Referring to the establishment of Pakistan-Bosnia Parliamentary Friendship Group in National Assembly, the Speaker said that bilateral engagement at level of friendship groups would help explore new areas of mutual cooperation in diverse sectors. The Speaker He said that Bosnian Mission in Islamabad and Pakistani Mission in Sarajevo could play an apt role in that regard. It was also agreed to frequent bilateral parliamentary exchanges.

Mentioning the immense economic opportunities created under the umbrella of CPEC, the Speaker  Asad Qaiser said that CPEC had provided opportunity for Pakistan to become a logistic and economic hub for South Asia, Central and Western Asia, Middle East and Western China. The Speaker said that immense economic opportunities welcome foreign investors to take advantage of immense economic potential in the Pakistan. He said that Bosnian investors could invest in energy, manufacturing and trade sectors. He further remarked that trade between Pakistan and Bosnia does not commensurate the economic activities on both sides, for which measures needed to be initiated.

Chairman of the Presidency of Bosnia and Herzegovina  Sefik Dzaferovic said that his country attaches importance to its relations with Pakistan since Pakistan was one of the few countries to extend assistance to his country after it came into being and later during the stabilization process. He said that his country also strongly desired to cement its bilateral relations with Pakistan. The Chairman Presidency agreed said that the interaction between the parliamentarians would further pave the way for enhancing cooperation in diverse sectors. 

He said that Bosnia had been subjected to worst human crises in the past, however due to concerted efforts of the consecutive governments and with the cooperation of people, the country had been led on the path of progress.

 Sefik agreed that the trade between Bosnia and Pakistan stood at Euros 4.5 million for which measures needed to be taken to improve the volume of trade and expand cooperation in different fields. He said agreements signed between both the sides during his instant visit would soon be materialized and trade and economic cooperation would increase in every field. He expressed his gratitude to warm hospitality accorded to him during his visit to Islamabad.