Pakistan-Iran agree to boost trade volume to $10 billion

Pakistan-Iran agree to boost trade volume to $10 billion

Pakistan-Iran agree to boost trade volume , including those for the energy and trade sectors, have been signed during the two-day visit of the Iranian president.

Pakistan and Iran have signed agreements pledging to raise bilateral trade to $10 billion and committing to work more closely to eliminate the terrorism in favour of peace and prosperity in the region.

“We have set a target of $10 billion in trade and hope to achieve it as soon as possible,” Pakistan’s Prime Minister Shehbaz Sharif said.

The Iranian president said, “My deep belief is that we can easily, in a short time, increase the volume of our trade relations from the current $3 billion to the projected goal of 10 billion dollars.

President Asif Ali Zardari hosted Iranian President Dr Masoud Pezeshkian at the Presidency on Sunday, where they had a meeting during the latter’s two-day visit to Pakistan.

Prime Minister Shehbaz Sharif, Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar and Minister for Information and Broadcasting Attaullah Tarar received the Iranian President and his delegation at the Nur Khan airbase.

According to a statement from the Presidency, both sides reaffirmed their commitment to further broaden bilateral cooperation in diverse fields and emphasised the importance of enhancing bilateral ties in wide-ranging and mutually beneficial areas.


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Welcoming the Iranian delegation, Communications Minister Abdul Aleem Khan lauded Iran’s stance against Israel, calling it a source of pride for the Muslim world. He emphasized that recent regional developments had drawn Pakistan and Iran closer than ever.

In conclusion, Farzaneh Sadegh thanked her Pakistani counterparts for their hospitality and collaboration, calling her visit “pleasant and memorable.”