Pakistan, Australia agree to enhance economic cooperation

ISLAMABAD: Senate Chairman Sadiq Sanjrani said on Monday that Pakistan highly values its bilateral relations with Australia and desires to further expand the cordial ties between the two countries.

Talking to Australian High Commissioner Dr Geoferry Shaw at the Parliament House, he said that trade and investment are some the areas which provide ample opportunities for bilateral collaboration.

The Senate chairman appreciated the existing cooperation between the two sides in education and development sectors and desired to extend this interaction to other areas, especially promoting parliamentary linkages and enhancing people-to-people contacts.

He said that the exchange of parliamentary delegations would help expand economic cooperation, while the exchange of business delegations would ensure the enhancement of bilateral trade volume.

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He said that Pakistan, particularly Balochistan, is blessed with natural resources and both Pakistani and Australian investors could explore possibilities for joint projects in the mining sector.

Sanjrani also highlighted the significance of Gwadar in promoting regional trade connectivity. He said that the Gwadar master plan has been approved while the development process has been expedited. He invited Australian investors to explore investment opportunities in Gwadar.

The Senate chairman also urged the world community to take notice of the human rights violations and crimes committed by the Indian forces in Kashmir.

The Australian high commissioner agreed with the Senate chairman, saying that the bilateral trade potential between the two countries should be realised.

He said that his country has huge expertise in the mining sector, adding that mutual collaboration between two countries would prove beneficial for both sides.

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