Pakistan and Iran have reaffirmed their commitment to strengthening bilateral trade and connectivity, aiming to raise trade volume to $10 billion.
Federal Minister for Commerce Jam Kamal Khan met Iran’s Minister of Industry, Mine and Trade, Seyed Mohammad Atabak, in Tehran, where both sides stressed expanding cooperation in road and rail infrastructure, port development, and barter trade.
The ministers highlighted the importance of fast-tracking border markets and finalising a Free Trade Agreement (FTA) to achieve their trade goals. Minister Kamal noted that Pakistan’s rice and meat exports to Iran have risen significantly, reflecting growing economic ties.
He also emphasised that the upcoming session of the Joint Economic Commission (JEC) will address trade barriers and facilitate private sector participation, in line with Prime Minister Shehbaz Sharif’s vision.
Iranian Minister Atabak underlined the importance of people-to-people exchanges, calling the $10 billion target achievable through joint efforts.
During the visit, Minister Kamal will co-chair the 22nd Session of the Pakistan–Iran Joint Economic Commission and the Pakistan–Iran Business Forum. Both sides reiterated their determination to deepen cooperation across trade, energy, connectivity, and cultural ties, building on 12 agreements and MoUs signed earlier this year.
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