Zar­dari seeks Kuwait’s co­op­er­a­tion for GCC free trade ac­cord

The Pak Banker - - Front Page -

IS­LAM­ABAD: Pres­i­dent Asif Ali Zar­dari said on Mon­day that Pak­istan had keen in­ter­est in con­clud­ing a free trade agree­ment with the Gulf Co­op­er­a­tion Coun­cil ( GCC) and sought Kuwait's sup­port in this re­gard.

This, he said, would pave the way for in­creased com­mer­cial ac­tiv­ity be­tween Pak­istan and the Gulf coun­tries.

In a meet­ing with Dr. Ab­dul­lah Maa­tooq Al­maa­toq, Spe­cial en­voy of Amir of the State of Kuwait, who called on him at Ai­wan-e-Sadr, the Pres­i­dent said that there was im­mense po­ten­tial for fur­ther en­hanc­ing trade equa­tion be­tween Pak­istan and Kuwait since the ex­ist­ing vol­ume of bi­lat­eral trade did not com­men­su­rate with their ex­cel­lent re­la­tions. The Pres­i­dent said that Pak­istan looked for­ward to the vis­its of the Amir and the Prime Min­is­ter of Kuwait to Pak­istan, which would not only pro­vide an im­pe­tus to strength­en­ing the mu­tual re­la­tions but would also help chalk out fu­ture course for ex­pand­ing the ex­ist­ing level of co­op­er­a­tion.

The mat­ters re­lat­ing to Pak­istan-Kuwait bi­lat­eral re­la­tions and mu­tual co­op­er­a­tion also came un­der dis­cus­sion dur­ing the meet­ing. The Pres­i­dent con­grat­u­lated the Kuwait govern­ment and its peo­ple on the 50th In­de­pen­dence and 20th Lib­er­a­tion Day Cel­e­bra­tions be­ing held on Fe­bru­ary 25-26, 2011. He said that the Pak­istani peo­ple equally shared the joy of free­dom with their Kuwaiti brethren. The Pres­i­dent said that Pak­istan at­tached im­mense im­por­tance to its re­la­tions with Kuwait and de­sired to ex­pand co­op­er­a­tion in a num­ber of sec­tors es­pe­cially in eco­nomic, com­mer­cial, man­power en­ergy and de­fence ar­eas.

He said that the peo­ple of the two coun­tries were tied to each other through their fra­ter­nal bonds that gain strength with each pass­ing day.

The Kuwaiti peo­ple have al­ways stood by their Pak­istani brethren in ev­ery hour of need, the Pres­i­dent said and added, "we greatly ap­pre­ci­ate Kuwaiti as­sis­tance for the peo­ple of Pak­istan, es­pe­cially dur­ing the re­cent dev­as­tat­ing floods which re­flects their true feel­ings for their Pak­istani broth­ers and sis­ters in dis­tress". He said, "we owe spe­cial thanks to the Amir of Kuwait for launch­ing a pub­lic cam­paign for col­lect­ing funds for the flood af­fected peo­ple." The Pres­i­dent also ap­pre­ci­ated the role of Kuwait Fund for Arab Devel­op­ment in devel­op­ment projects in Pak­istan, par­tic­u­larly the Neelum-Jhelum Hy­dro Power Project that would greatly con­trib­ute to­wards over­com­ing the en­ergy cri­sis in the coun­try. -PB News

IS­LAM­ABAD: Pres­i­dent Asif Ali Zar­dari ex­chang­ing views with Spe­cial en­voy of Amir of the State of Kuwait Dr Ab­dul­lah Maa­tooq Al­maa­toq at Pres­i­dent House. -On­line

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