Ebrahim Raisi, the president of Iran, and Shehbaz Sharif, the prime minister of Pakistan, announced Monday at a joint press conference in Islamabad that the two nations have agreed to increase their business size by$ 10 billion, calling the current levels as “unacceptable”.
Raisi is visiting Pakistan for three days, his second as a foreign head since the contentious general elections held in Pakistan on February 8. This also comes in the landscape of Iran’s latest attack on Israel, involving more than 300 robots and weapons. The browse is carefully watched amid ongoing hostilities with Israel, and US restrictions.
We are dedicated to boosting ties at all levels. We have decided to raise financial, corporate, and social ties between Pakistan and Iran, ” Raisi said.
Sharif echoed the mood. He praised Iran for its strong position on the humanitarian situation in Gaza and called for an instant cessation of hostilities, saying,” We have to maintain this relationship robust despite the challenges we face.”
Pakistan and Iran discuss a 900km boundary, which is prone to unconstitutional crossings, trafficking, and violent infiltration. Both countries accuse one another of carrying out cross-border assaults and failing to stop criminal organizations from seeking shelter on their soil.
Iran launched missile strikes on anti-Iranian violent hideouts in Pakistan’s southwest Baluchistan province next January, provoking Islamabad to retaliate by attacking foundations of anti-Pakistan militants operating on Iranian soil. Worries about larger conflicts and local instability were raised by the change of strikes.
The Egyptian President is accompanied by his family, the international minister, cabinet associates, and business associates.
According to analysts, Raisi’s visit does address both financial and legal concerns relating to the design of a gas pipelines between the two nations. Although Iran’s power sector is subject to sanctions for its nuclear programme, the construction on the Muslim side has not yet begun, perhaps as a result of US pressure. Iran’s assault on Israel further simplifies Pakistan’s efforts to build the network.
