Prime Minister said this while welcoming the King of Bahrain His Majesty Shaikh Hamad bin Isa Al Khalifa at Prime Minister House Islamabad on Tuesday.
Prime Minister said that Pakistan provides better investment environment and Bahrani investors should take this opportunity for best returns. “We would welcome Bahraini investments in mega projects in the field of energy, downstream oil industry, port development, mining and minerals, infrastructure, banking and financial sectors”, Prime Minister said.
Prime Minister also urged the need to enhance bilateral trade and said that “We would like Bahrain to increase its imports from Pakistan of high quality Basmati rice, Halal meat products, poultry, textiles and clothing, sports goods, surgical instruments, carpets, marble and cutlery. Cooperation in agriculture and food sectors would be mutually beneficial also”, Nawaz Sahrif added.
Prime Minister stressed the need for regular Joint Commission meetings as it provides good platform to review bilateral economic and trade cooperation. “We would deeply appreciate Bahraini support for early finalization of Gulf Cooperation Council- Pakistan Free Trade Agreement”, PM said.
Prime Minister said that the institutional framework of Bilateral Political Consultations between the two Foreign Ministries provides a useful mechanism to review bilateral relations.
Prime Minister said that Pakistani community residing in Bahrain serves as bridge between the two countries and have played a positive role in the development of Bahrain as well as contributes to Pakistan’s economy. Pakistan has skilled manpower that can play their role in different economic sector of Bahrain, PM added.
Earlier, the two countries signed Six (06) documents at the PM House relating to “Establishment of Joint Ministerial Commission for Bilateral Cooperation” and “Agreement for the Promotion and Protection of Investment” signed by Finance Ministers of both countries, “Cooperation in Food Security” signed by Pakistan’s Minister for National Food Security and Bahrain’s Foreign Minister, “Air Services Agreement” signed by Pakistan’s Minister for Planning and Bahrain’s Minister for Transport, “Cooperation between Interior Ministries” signed by Interior Ministers of both countries and “Cooperation in the Fields of Power and Water” signed by Pakistan’s Minister for Water & Power and Minister of State for Electricity and Water Affairs of Bahrain.
Delegations of both countries also met under the leadership of King of Bahrain and the Prime Minster of Pakistan. Pakistan’s delegation included Khawaja Muhammad Asif Minister for Water & Power, Mr. Muhammad Ishaq Dar Minister for Finance, Ch. Nisar Ali Khan Minister for Interior, Minister for Planning Mr. Ahsan Iqbal, Mr. Sartaj Aziz Advisor to PM on Foreign Affairs and Mr. Tariq Fatemi Special Assistant to PM. Bahrain’s delegation comprised of H.H. Shaikh Mohammad bin Mubarak bin Hamad Al-Khalifa Deputy Prime Minister, H.E. Khalifa bin Ahmed Al Dhahrani Chairman of the House of Representatives, H.E. Mr. Ali bin Saleh Chairman of Shura Council, H.H. Lt. Gen. Shaikh Muhammad bin Isa Al-Khalifa and H.E. Shaikh Khalid bin Ahmed bin Salman Al-Khalifa.
Later, the Prime Minister Muhammad Nawaz Sharif hosted a dinner in honor of the King of Bahrain and the visiting delegation at the PM House.
Earlier, The King of Bahrain Sheikh Hamad bin Isa al Khalifa arrived in Islamabad on Tuesday afternoon on a three-day official visit to Pakistan.
Prime Minister Nawaz Sharif received Sheikh Hamad at the PAF Base Nur Khan. Chief Minister Punjab Shahbaz Sharif, federal ministers and services chiefs were also present on the occasion. A contingent from the three services presented guard of honour to the King.
The King of Bahrain was accompanied by a high-level delegation including members of the cabinet, government officials and important businessmen.
This is the first visit of the King of Bahrain to Pakistan in four decades.
During his stay, he will hold talks with President Mamnoon Hussain and Prime Minister Nawaz Sharif on bilateral relations and matters of regional and international importance.
The two sides will explore ways to further strengthen cooperation particularly in trade and investment and will discuss ways to increase export of Pakistani manpower to Bahrain.