Pakistan, Iran Discuss Ways to Boost Bilateral Trade Ties

Date: 30 April 2023 - 23:01

News ID: ۱۱۴۵۰۵

TEHRAN – Iran’s envoy to Pakistan Seyyed Muhammad Ali Husseini and the Pakistani Minister of Finance Mohammad Ishaq Dar on Sunday emphasized the need to take more effective steps to strengthen economic cooperation and help increase trade relations.
Appreciating the efforts of the Iranian ambassador during his diplomatic tenure in Pakistan in order to strengthen and consolidate brotherly relations between the two neighboring countries, Ishaq Dar praised the actions taken especially in the commercial and economic fields.
Expressing their satisfaction with the volume of trade between Iran and Pakistan, which has exceeded two billion dollars, the two sides emphasized the need to explore new ways to help increase the volume of trade and assist develop bilateral economic cooperation.
Emphasizing the country’s economic outlook, Pakistan’s finance minister expressed confidence that despite economic challenges, Pakistan is in the direction of progress and development.
Appreciating the cooperation and support of the Pakistani government for the development of bilateral relations in various fields, the Iranian ambassador stated that the potentials and capacities of Iran and Pakistan are the main factors for the expansion of joint cooperation.
Husseini added that the volume of bilateral trade between Iran and Pakistan has now reached $2.4 billion, while also expressing his unhappiness with the low level of economic ties between the two nations as compared to the high level of political relations.
The Iranian diplomat urged for more efforts to support the business people of both countries.