Pakistan and Indonesia have pledged to fight together the menace of terrorism being faced by the two countries, according to local press reports on Friday.

This was included in a statement late Thursday by Pakistani President General Pervez Musharraf and visiting Indonesian President Susilo Bambang Yudhoyono after their talks in the Pakistani capital of Islamabad.

President Musharraf said that both the countries had agreed to share intelligence information to curb terrorism.

"Both of us are victims of terrorism and therefore we need to fight it together through increased intelligence cooperation," said Musharraf.

Pakistan and Indonesia also agreed on encouraging their private sectors to strengthen economic relations. Both countries signed a framework agreement on comprehensive economic cooperation.

Musharraf and Yudhoyono also oversaw the signing of a letter of intent to increase bilateral cooperation in fighting terrorism, which they called important in the context of increasing bilateral cooperation.

Source: Xinhua