ISLAMABAD, Dec 2: Minister for Industries Jahangir Khan Tareen on Thursday said Pakistan and India should learn from one another's experiences for prosperity in both countries.

The minister was talking to an Indian delegation, led by former chief minister of the Indian state of Andhra Pradesh Chandra Babu Naidu, which called on him. The minister said the current good relations, which existed between the two countries, would provide a basis for further strengthening and enhancing bilateral cooperation.

He assured his full support on behalf of the government of Pakistan for the Indian investors, industrialists, traders and people as well. Mr Tareen said the government was trying its best to alleviate poverty by initiating various programmes.

Besides, it is pursuing a liberal industrial policy which is more competitive and conducive in the region. Speaking on the occasion, Chandra Babu Naidu informed the minister that during his chief ministership, he had initiated poverty alleviation programme by giving loans to poor women, and this programme was very successful as the recovery rate was 95 per cent.

He also appreciated the economic reforms introduced by Pakistan in the last five years. He was of the view that Pakistan now offered great incentives and a conducive environment for making foreign investment.

He said there was a great scope for enhancement of mutual cooperation between the two countries in a number of sectors. The meeting was also attended by Chairman Rural Support Programme Network (RSPN) Chairman Shoaib Sultan, the industries secretary and other high officials.