Iran-Pakistan to boost Trade to $1billion
Tehran, Iran | December 03, 2007 by
Iran wants to increase bilateral trade with Pakistan to $I billion dollar per annum, a senior Iranian diplomat said on Saturday. Ahmed Fasihi, Commercial Attache, in talks with President Islamabad Chamber of Commerce & Industry (ICCI) Nasir Khan, said enhanced trade ties will help further promote relations in other fields, as reported by the Iranian news agency, IRNA.
He said Iran wishes to increase bilateral trade up to $1 billion, which currently stands at $650 million, a ICCI statement said.
The present level of trade is not up to potential both countries have, he said, adding Iran gives priority to importing Pakistani goods.
To achieve set target of bilateral trade, Nasir Khan suggested Pakistan and Iran should encourage border trade by establishing customs ports at borders. He lauded role of commercial section of Iran Consulate particularly in terms of facilitating Pakistani business community.
Fasihi said his office signed 16 MoUs with chambers and trade delegations in short time and arranged meeting with 1800 members to enhance bilateral trade.
He invited to President ICCI to send business delegation to Iran for enhancing trade as both countries have good relations. Nasir Khan said ICCI delegation will visit Iran this month.
Pakistan and Iran should make joint study on bilateral trade ties and their share in global trade. Iran should identify potential items of import and export between two countries.
Read Also
- Iran, Pakistan to Expand Bilateral Trade
- Turkey, Iran Seeking to boost Trade to $30 Billion
- Trade ties with Pakistan to grow further: Iranian CG
- Iran, Pakistan look to Stronger Ties
- Pakistan-RI Trade Could Reach $2 Billion
- Iran seek special ties with Pakistan, Increasing Cooperation within D-8
- Turkey Keen on Boosting Trade with Iran
- Pakistan, Iran to hold talks on IPI
- Pakistan-Bangladesh trade to be escalated to $1 billion
- Land Transportation Pakistan-Iran-Turkey will Facilitate More Economic Cooperation
Loading ...
Loading ...
Share your thoughts on this story. Please increase the credibility of your post by including your name and city, and by demonstrating respect for others' opinions. Comments will not appear immediately; all comments are moderated and will be posted in order of submission.