President Asif Ali Zardari on Saturday proposed a currency swap agreement between Pakistan and Iran to further strengthen bilateral trade and economic ties between the two brotherly countries.
The president made this proposal during his meeting with Iranian President Mahmoud Ahmedinejad here on Saturday. He said Pakistan was already in the dialogue process with Turkey, Sri Lanka and China for the currency swap arrangement.
President Zardari, who arrived in the Iranian capital on a day-long visit on the invitation of Iranian leadership, held two rounds of talks with President Ahmedinejad, first the delegation level talks and then one-to-one meeting.
The two leaders agreed on adopting regional approach to addressing the growing challenge of extremism and militancy.
Both of them expressed the confidence that joint efforts would prove helpful in countering terrorism, which was a common enemy for the entire region and the world.
President Zardari mentioned the long-drawn fight against militancy and stressed the need for long-term measures and joint efforts to eliminate this menace.
Interior Minister Rehman Malik, Minister for Water and Power Syed Naveed Qamar, Minister for Petroleum Dr Asim Hussain and spokesman to the President, Farhatullah Babar also accompanied the president.
Zardari proposes Pak-Iran currency swap
