Regional cooperation vital for development, prosperity: Sanjrani

Islamabad, October 27, 2020 (PPI-OT):Chairman Senate Muhammad Sadiq Sanjrani has said regional development and economic prosperity depend on effective coordination, trade cooperation and better investment opportunities. Addresses the concluding session of the Pakistan-Afghanistan Trade and Investment Forum in Islamabad this evening, he said Pakistan and Afghanistan have shared geographical, cultural and religious commonalities. He said enhancing cooperation with Afghanistan is a key factor in Pakistan’s foreign policy and it understands the vision of peaceful neighbour. He said it is the time to transform bilateral relations into a strategic partnership.

The Chairman Senate, discussing current trade volume between the two countries, said that there is a need to further improvement and Pakistan is committed to further strengthening trade, economic and public relations with Afghanistan. He said practical steps have been taken to open border for transit trade, relaxation in visa policy and promotion people-to-people contacts which are reflections of Pakistan’s commitment towards a prosperous Afghanistan. He said such events will help in adopting a joint strategy for development and prosperity and will provide an opportunity to address barriers to trade and investment.

Speaking on the occasion, Speaker National Assembly Asad Qaiser said capitalizing trade and investment potential between Pakistan and Afghanistan would bring regional prosperity and economic stability. He remarked that parliament to parliament contact would ease the hurdles of traders and investors on both sides of the border. He said both countries are facing the scourge of extremism, terrorism and economic deprivations and only collaborative efforts by two sides would lessen the intensity of socio-economic issues. Prime Minister’s Advisor for Commerce Abdul Razzak Dawood said trade volume enhancement is our objective and concrete steps would be taken to facilitate trade.

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