Title: Pakistan, GCC agree to enhance bilateral trade, economic ties
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Foreign Minister Bilawal Bhutto Zardari and Gulf Cooperation Council (GCC) Secretary General Dr Nayef Falah M Al-Hajraf agreed on Wednesday to explore further avenues to enhance bilateral trade and economic ties.
FM Bilawal Bhutto met the GCC secretary general on the sidelines of the annual meeting of the World Economic Forum (WEF) in Davos, where the status of Pakistan’s cooperation with GCC member states was reviewed. It was also agreed to strengthen institutional linkages, in line with the Joint Action Plan for Strategic Dialogue.
Minister of State for Foreign Affairs Hina Rabbani Khar and Minister for Climate Change Sherry Rehman were also present during the meeting.
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Recalling historical linkages, geographical proximity and cultural affinities between Pakistan and the GCC, the foreign minister underscored that Pakistan attached high importance to its fraternal relations with member states of the GCC, both bilaterally and in the context of the GCC.
With regards to the Pakistan-GCC Free Trade Agreement (FTA), the two sides expressed determination to conclude the negotiations at the earliest.
Pakistan and the GCC enjoy long-standing cordial relations. Pakistan’s relations with the Member States of the GCC are rooted firmly in shared faith, values and culture.
Published Date: 25-May-2022
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