ISLAMABAD:(APS)FEB 6,2017-Pakistan has invited Bahrain to take advantage of improved business environment and invest in energy, infrastructure and agriculture sectors.
The offer was made by Advisor on Foreign Affairs Sartaj Aziz during Pakistan-Bahrain Joint Ministerial Commission meeting in Islamabad on Monday.
Later, talking to newsmen along with Foreign Minister of Bahrain Shaikh Khalid Bin Ahmad Al Khalifa, the Advisor said Pakistan has become more attractive for investment due to visible improvement in security situation. He said Pakistan is committed to protect and facilitate foreign investment by offering equal opportunities both to local and foreign investors.
Sartaj Aziz said the CPEC will open new avenues of enhanced trade and economic activities in Pakistan. He said special economic zones are to be established on the routes of the corridor and this will offer attractive incentives and facilities both to domestic and foreign investors. He said Bahraini companies and investors are welcomed to consider these opportunities.
The Advisor said CPEC would also benefit the region and Bahrain and other Gulf countries would find innumerable opportunities to exploit for their good.
He said the two countries have agreed to expand cooperation in energy, defence, agriculture and higher education.
They have also agreed for early activation of business council between federations of commerce of the two countries.
Minister for Foreign Affairs of Bahrain said the two sides signed two MoUs today on cooperation in agriculture and diplomatic service training.
He said a number of other MoUs are also in the pipeline.
He said there should be frequent interaction between Pakistan and Bahrain to forge collaboration in different fields. He said the two sides have good cooperation in defence, economy and political consultations.
The Minister said besides discussing further mutual collaboration they also discussed Pakistan-GCC cooperation.
Sartaj Aziz said terrorism is a global menace and collective efforts are needed to eliminate it fully from the face of the earth. He said Pakistan is ready to cooperate with Bahrain in extending its experience in counterterrorism.
To a question, the visiting dignitary said that lasting peace in the region is not possible without the resolution of Kashmir dispute. He said Bahrain would be happy to extend every possible cooperation in amicable resolution of this longstanding issue.