Islamabad [Pakistan], Mar 6 (ANI): Pakistan Prime Minister Shahid Khaqan Abbasi and his Nepalese counterpart Khadga Prasad Sharma Oli on Monday agreed to enhance cooperation in the key areas of economy, culture and defence respectively.
Abbasi said that he was pleased to see the flourishing of Nepal's democratic process and stated that political stability was a key to attaining economic development in any country.
Both sides discussed the South Asian Association for Regional Cooperation (SAARC) as an important platform for exploring cooperation among regional countries in the interest of the people.
SAARC, initiated in 1985, aims to promote development of economic and regional integration among the eight member countries - Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka.
The two leaders stressed the need for activating the Pakistan-Nepal Joint Economic Commission and the Joint Business Council to increase bilateral trade. It was also agreed to strengthen people-to-people contacts.
Abbasi also called on the SAARC Secretary General Amjad B. Sial and reiterated that SAARC was an important forum, which requires sincere and serious efforts by the member countries to explore its true potential. He further said that Islamabad was committed to playing a constructive role in SAARC.