The memoranda of understanding were inked on Friday in Islamabad in the presence of Iranian President Hassan Rouhani and Pakistani Prime Minister Navaz Sharif.
The six MoUs include a 5-year cooperation document on strategic trade; MoUs between the Federation Of Pakistan Chambers Of Commerce & Industry and the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA); Iran’s Institute for Political and International Studies (IPIS) and Karachi Council on Foreign Relations (KCFR); Central Insurance of Iran and Securities and Exchange Commission of Pakistan; cultural and academic cooperation between Pakistan Academy of Ministry of Foreign Affairs and International Relations School of the Iranian Foreign Ministry; as well as mutual cooperation on health and education.
Following the signing of the MoUs, President Rouhani stressed that the two countries are fully determined to expand mutual cooperation, particularly in the economic field.
He also considered the perseverance of Pakistan’s security as Iran’s security, saying the two countries are resolved to undertake a joint fight against terrorism.
Heading a high-ranking politico-economic delegation including 60 Iranian businessmen, Rouhani was officially welcomed by Pakistani Prime Minister Nawaz Sharif upon his arrival in Islamabad on Friday. The two-day visit is Hassan Rouhani’s first time in Pakistan since he took office in 2013. Following his meeting with Sharif, Rouhani is also scheduled to hold talks with President Mamnoon Hussain and Chief of Army Staff General Raheel Sharif among others during his stay.
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