PM Nawaz, King of Bahrain discuss bilateral cooperation

BusinessPM Nawaz, King of Bahrain discuss bilateral cooperation

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ISLAMABAD: Prime Minister Nawaz Sharif and the King of Bahrain Shaikh Hamad bin Isa Al Khalifa met in Islamabad on Tuesday and discussed matters of mutual interest as well as bilateral cooperation in different sectors.

During the meeting, the prime minister said that Pakistan provides better investment environment and Bahraini investors should seize this opportunity for best returns. He welcomed Bahraini investments in mega projects in the field of energy, downstream oil industry, port development, mining and minerals, infrastructure, banking and financial sectors.

The prime minister emphasized the need to enhance bilateral trade, saying that Islamabad would like Bahrain to increase its imports from Pakistan. He said that cooperation in agriculture and food sectors would be mutually beneficial.

Sharif said that Pakistan and Bahrain enjoy close and cordial relations based on mutual trust and understanding.

Moreover, he stressed the need for regular Joint Commission meetings to review bilateral economic and trade cooperation.

The premier said that the institutional framework of bilateral political consultations between the two foreign ministries provides a useful mechanism to review bilateral relations.

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