MANAMA: Pakistan and Bahrain have recognized the potential for greater trade and commercial exchanges, and agreed to take all steps necessary to provide a greater impetus to bilateral trade turnover.
A Joint Statement issued after two day visit to Bahrain by Prime Minister Nawaz Sharif said the two sides agreed to provide favourable environment for investors from both countries. They emphasized the need for regular and timely exchange of information on available investment opportunities.
Recognizing the enormous growth potential of their economies, Pakistan side encouraged Bahraini investors to take advantage of favourable environment for investment.
Leaders of the two countries agreed on enhancing cooperation in the fields of energy, youth and sports, advancement of women, social works and human resource development, agriculture, marine resources, cattle breeding, poultry and fish-farming.
Acknowledging the immense existing commercial potential between Pakistan and the GCC countries, Bahrain reiterated its support and commitment to further strengthen cooperation, through early finalization of the Pakistan-GCC Free Trade Agreement.
The two sides stressed the importance of increasing defense and security cooperation between the two countries.
The leaders agreed on the importance of peaceful resolution of all issues, regional as well as global, through dialogue.
Bahrain and Pakistan called upon the international community to work towards reaching a peaceful solution for the Palestinian-Israeli conflict based on the two-state solution in accordance with relevant UN resolutions.
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