When asked about the status of the draft, the minister said that they are now working on the proposal and it will be finalised within a week.
Pakistan's current account deficit stands at U.S. $ 18 billion, while its foreign currency reserves are just over USA $ 10 billion, enough to cover two months of imports, according to figures released before the cricketer-turned-politician was sworn-in as prime minister.
Mr Sidhu on Sunday said, "I will tell you why my hope about the improvement in relations of both the countries got strengthen".
Responding to a question at "Soch Se Soch Ki Ladai" event organised by Youth Congress in Ajmer city of Rajasthan, Mr Sidhu said sportsmen and artists break barrier and bring people closer.More news: Saban called ESPN's Maria Taylor to apologize after interview
In a meeting with Pakistan's Chief of Army Staff General Qamar Javed Bajwa, the Iranian foreign minister said the two countries must improve cooperation to boost security in border areas and expressed Tehran's readiness to cooperate with Islamabad in the fight against terrorism and extremism.
"Kargil War happened after former PM Atal Bihari Vajpayee returned from Pakistan".
Navjot Singh Sidhu visited Pakistan to attend the oath-taking ceremony of Imran Khan, a cricketer turned politician, on August 18.
Imran Khan said unfortunately a large number of people in the West do not understand the sensitivity and gravity of this issue.More news: United Kingdom supports S/Africa's land reform programme - May
Imran in his remarks said the transfer of power at the grassroots level and empowering people in a real sense was the main plank of PTI's reform agenda.
"The Prime Minister and the ministers were given detailed briefings on security environment, threat spectrum and response", the Inter Services Public Relations (ISPR) - the media wing of the military - said in a statement.
"Timely and proactive cooperation by Iran in providing such access facilitates implementation of the Additional Protocol and enhances confidence", it said.More news: Ronaldo 'furious' at losing to Modric for Uefa award