Islamabad, August 25, 2013 (PPI-OT): The Finance Minister of Afghanistan, Dr. Hazrat Omer Zakhilwal and Senator Mohammad Ishaq Dar, Finance Minister of Pakistan along with their teams held an indepth discussion to explore ways to enhance bilateral trade and economic relations between Pakistan and Afghanistan when they met at the Finance Ministry this morning.
During their two hours long meeting both sides agreed that they have to overcome hurdles to exploit the tremendous economic potential which presents opportunities to enhance economic cooperation, trade and greater connectivity between the two countries for the benefit of their people.
During the meeting, which was held in a very cordial atmosphere both sides held threadbare discussions on cooperation in areas of Communications, Railways, Afghan Transit Trade agreement and Power sector.
Senator Dar also took up the matter of the need for a Double Taxation Treaty between the two countries for encouraging private sector investment. The Afghan Finance Minister welcomed the proposal and termed it positive.
The Afghan Finance Minister said that Pakistani Construction Companies have experience in undertaking huge infrastructure projects. He expressed the hope that they would avail the opportunity to work in Afghanistan where the government had launched huge communication projects.
The Afghan Finance Minister invited the Finance Minister Senator Ishaq Dar to visit Afghanistan and it was decided that the Joint Economic Commission between Pakistan and Afghanistan would meet in Kabul in October, 2013 where besides reviewing the implementation status of the decisions taken in this meeting efforts would be made to further explore new avenues to enhance the economic ties between the two countries.
For more information, Contact:
Director General (Media)
Ministry of finance
Government of Pakistan
Room # 514, Block-’Q’, Finance Division,
Pak. Sectt. Islamabad
Phone: 92 51 9206382, 9211707