ISLAMABAD: Pakistan and the Maldives have agreed to increase bilateral trade to $200 million over the next two years, Prime Minister Shehbaz Sharif has announced, expressing confidence that the initiative will create new opportunities for prosperity in both countries.
In a statement posted on social media platform X, Prime Minister Shehbaz Sharif welcomed Maldivian President Dr Mohamed Muizzu on his visit to Pakistan, noting that the two countries are celebrating 60 years of diplomatic relations.
The prime minister said that, on his proposal, both leaders had agreed to raise bilateral trade to $200 million within the next two years. He added that the initiative would open new avenues for trade, investment and economic cooperation.
Shehbaz Sharif also appreciated the Maldives’ principled stance in support of the Palestinian people, highlighting the close coordination and cooperation between the two countries on issues concerning the Muslim world.
Reaffirming Pakistan’s position on South Asia, the prime minister said Islamabad remained committed to promoting peace, stability, dialogue and regional economic cooperation.
He reiterated that Jammu and Kashmir is an internationally recognised dispute and called for a just resolution in accordance with United Nations Security Council resolutions and the aspirations of the Kashmiri people.
The prime minister further expressed his commitment to strengthening Pakistan-Maldives cooperation in trade, investment and maritime affairs.
He said both countries would work together to take their longstanding friendship to new heights, further strengthening bilateral ties and expanding economic opportunities for their people.