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ISLAMABAD: Syrian Foreign Minister Asaad Hassan al-Shaibani on Thursday proposed establishing a Pakistan-Syria Joint Business Council to facilitate direct interaction between the business communities of the two countries.

The proposal, among others, was made during a meeting between the Syrian minister and Pakistan’s Commerce Minister, Jam Kamal Khan, during which the two sides discussed avenues for deepening economic cooperation for expanding bilateral trade and investment.

Mr Hassan, who is leading a high-level Syrian business delegation, also separately called on Prime Minister Shehbaz Sharif and Foreign Minister Ishaq Dar. An official announcement said the Syrian minister also proposed convening a joint investment forum in Damascus to bring together representatives from the private and public sectors of Pakistan and Syria.The Syrian foreign minister identified housing, real estate, energy, transportation, seaports, agriculture, industry and human resource development as promising areas for cooperation. He noted that the current volume of bilateral trade did not reflect the two countries’ true potential and stressed the need for sustained institutional and business engagement.