|Iran to spur barter trade with Pakistan|
17 July 2012
ISLAMABAD - Iranian President Mahmoud Ahmadinejad Monday emphasised for utilizing full potential of cooperation between Iran and Pakistan to achieve desirable results.
“Pakistan and Iran has vast potentials for cooperation that should be fully exploited to achieve desirable results,” he said while talking to Federal Minister for National Food Security and Research, Mir Israrullah Khan Zehri and Federal Minister for Capital Administration and Development, Nazar Mohammad Gondal who called on him as special envoys of President Asif Ali Zardari.
Both the special envoys also presented President Zardari’s letter to the Iranian President and conveyed the President’s warm greetings to him, said a press release received here from Iran.
Nazar Gondal informed the Iranian President that President Zardari has keen interest in promoting trade relations with Iran particularly on the basis of barter trade exchange.
He said Pakistan is willing to offer 1 million tons high quality wheat to Iran on barter arrangement and get urea and fertilizer from Iran. He said Pakistani delegation was ready to sign an agreement in this connection with Iran.
President Ahmadinejad welcomed the barter trade exchanges between the two countries, adding that there was no limit to enhance barter trade with Pakistan.
Ahmadinejad asked the Pakistani delegation to hold meetings with Iranian Commerce and Oil Minister to further discuss the subject of barter trade and sale of Pakistani wheat to Iran in order to finalise the deal.
The President said Iran’s all achievements and capacities also belong to the Pakistani nation, the Iranian chief executive added “We consider Pakistan’s progress as our own progress.”
He said Iran was willing to offer Pakistan its achievements in the scientific and technology fields while benefiting from the Pakistani products.
The Iranian President said that barter trade is the best means of trade exchanges, reiterating his country’s desire to use this mode in trade exchanges with Pakistan.
He said that both Iran and Pakistan would benefit from such arrangement depriving the western banks of gaining any profit out of such dealings.
Referring to Iran’s nearly $80 billion annual imports, Ahmadinejad said Iran prefers to get as much as of its imports from Pakistan. The Iranian President also announced his country’s willingness to export energy and electricity to Pakistan.
The Iranian President thanked President Zardari for his letter and agreed with all of its content. He also asked the special envoys to convey his warm greetings to President Zardari and the government and people of Pakistan.
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