Pakistan and Bahrain to cooperate more closely
The two countries agreed to further enhancing high-level political exchanges, cooperation in the fields of economic, trade and investment, defence and security and people-to-people linkages, said the joint statement issued following the conclusion of three-day visit of King of Bahrain Hamad bin Isa Al Khalifa who visited Pakistan on the invitation of Prime Minister Nawaz Sharif.
Pakistan and Bahrain also expressed satisfaction at the status of the bilateral relations and expressed the hope that such exchanges would be further intensified with the aim to give impetus to the existing cordial ties.
The two sides stressed the importance of continuing regular consultations through the existing institutional mechanisms and welcomed the setting up of Pakistan-Bahrain Joint Ministerial Commission.
Pakistan and Bahrain emphasized the importance of bilateral consultations between the two Foreign Ministries which would serve as an umbrella framework for bilateral cooperation.
The two sides decided that the next round would be held in the second half of 2014. The two sides stressed the importance of increasing the defence and security cooperation between the two countries and it was agreed that the security dialogue will take place annually between the two countries at mutually agreed, appropriate level. The two countries also decided to strengthen sharing of information, intelligence and assessments.
Both sides denounced terrorism in all its forms and manifestations and reaffirmed their desire to strengthen their cooperation in combating terrorism at both the bilateral level and within the multilateral system of the United Nations.
The two sides agreed to take necessary steps to provide an impetus to the bilateral trade turnover. Pakistan and Bahrain noted the potential for increased mutual investments and agreed to provide a favourable environment for investors from both countries. The two sides agreed to regular and timely exchange of information on available investment opportunities. ■