Pakistan ready to sign MoU with Malaysia to abolish visa

Kuala Lumpur, Malaysia | July 17, 2008 by D-8 Secretariat

akistan is ready to sign a memorandum of understanding with Malaysia on counter terrorism and the abolition of visas for diplomatic and official passport holders.

Pakistan Prime Minister Makhdoom Syed Yousaf Raza Gillani gave the undertaking in talks with Datuk Seri Abdullah Ahmad Badawi on the sidelines of the D8 meeting on Tuesday.

Syed Yousaf said the signing of the Free Trade Agreement between the two countries would facilitate linkage and market access between Pakistan and the growing economy of Asean.

“It would also provide opportunities to Pakistan exporters and industrialists to source out raw materials and intermediary goods from Malaysia at reduced duty enabling them to reduce the cost of their export and become competitive in the global market,” he said in a statement Wednesday.

Syed Yousaf said Abdullah had assured of Malaysia’s full support to Pakistan’s efforts to become a full dialogue partner with Asean and has accepted an invitation to participate in a halal exhibition in Pakistan in October.

“Abdullah said that he would encourage Malaysian companies to invest in Pakistan’s energy sector,” he said.

News/photosource: BERNAMA News Agency.

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