ISLAMABAD - Federal Minister for Finance, Senator Muhammad Ishaq Dar has said that Pakistani highly values its relations with Iran and looking forward to receive the President of Iran.

The finance minister stated this while talking to newly appointed Ambassador of Iran to Pakistan, Mehdi Hoonardost who called on him here on Thursday. The minister, while welcoming the Iranian Envoy on assuming his responsibilities, said he would receive all possible cooperation for promoting Pak-Iran brotherly relations during his tenure.

Ambassador Mehdi Hoonardost discussed with the minister matters regarding upcoming visit of the Iranian President to Pakistan and also had exchange of views on enhancing Pak-Iran economic cooperation in the wake of lifting of UN sanctions against Iran.

Ishaq Dar said the visit by Prime Minister Muhammad Nawaz Sharif to Iran last year had helped bolster Pak-Iran ties and the Iranian President’s visit would give it further boost.

Mehdi Hoonardost said it was his endeavour and resolve to promote bilateral trade and economic cooperation to the level which could be truly reflective of the depth of Pak-Iran ties. He lauded the economic turnaround achieved by Pakistan and said both countries could supplement each other’s efforts for achieving economic prosperity.

The finance minister stated that in pursuance of the announcement made by the UN, the Government of Pakistan had issued notifications lifting sanctions against Iran. He said that lifting of sanctions provided a great opportunity to rebuild and strengthen Pak-Iran economic cooperation. He assured the Iranian Ambassador of full support and cooperation for efforts aimed at promoting bilateral trade. Iranian Ambassador thanked finance minister for his cooperation in getting GoP notification for lifting of sanctions.

They also discussed matters regarding next meeting of Pak-Iran Joint Economic Commission (JEC). Both sides agreed that the meeting would greatly help shape up the future course of action for all round cooperation. They expressed agreement to decide the schedule of the JEC through mutual consultations.