Pakistan, Tajikistan agree to expand trade to $500M
Both sides sign agreement and several MoUs to promote bilateral cooperation in different fields.
Pakistan and Tajikistan have affirmed their shared commitment to peace, stability and progress in the region.
This was stated in a joint statement issued by President Emomali Rahmon and Prime Minister Muhammad Nawaz Sharif after completion of their talks in Dushanbe on Wednesday.
During their wide-ranging consultations, the leaders underscored the historical bonds of friendship between the two countries, which are rooted deep in common faith, cultural affinities and civilizational links.
The two leaders expressed satisfaction over the development of bilateral relations and noted that a vast potential existed for further expansion in trade and investments, energy, defence and security cooperation, education and cultural collaboration, and people-to-people contacts.
The two leaders agreed to set a target of expanding bilateral trade to 500 million dollars over the next three years and to work for a Preferential Trade Agreement.
Both sides underscored the need for strengthening transit and transportation facilities, including through enhanced cooperation at the regional level.
The two leaders reaffirmed their commitment to the CASA-1000 power project and underlined the importance of its earliest realization.
The leaders highlighted close cooperation between the two countries within the framework of UN, OIC, ECO, SCO and other relevant international and regional organizations.