Pakistan, Iran Explore Ways to Enhance Bilateral Trade

Date: 22 October 2021 - 22:24

News ID: ۹۵۷۲۶

ISLAMABAD -- The Consul General of the Islamic Republic of Iran in Lahore Muhammad Reza Nazeri and Pakistani trade body have stressed upon the need to take practical steps to strengthen trade between Tehran and Islamabad.
Nazeri during a meeting with Noman Kabir, the new President of the Lahore Chamber of Commerce and Industry, reviewed the latest developments in Iran-Pakistan relations, economic, trade cooperation, and the development of border relations.
The Iranian diplomat expressed the hope that the Pakistani government would facilitate the movement of traders to each other’s countries and speed up trade and border activities by revising the country’s corona restrictions, especially in the area of trade cooperation.
Nazeri stressed the importance of resuming flights between Iran and Pakistan, including Lahore, and called for visa facilitation, especially for Iranian businessmen.
He said that facilitating the transportation and movement of Iranian trucks, customs, and tariffs related to Iranian goods and fruits were also necessary.
President of Lahore Chamber of Commerce and Industry praised Iran’s rich civilization and culture, calling strong commonalities between the two neighboring countries a key factor in expanding cooperation and developing public relations.
Welcoming the expansion of Iran-Pakistan border relations, including the establishment of joint border markets, the Pakistani official added the current volume of trade does not match the actual potential between the two countries so more efforts should be made to increase bilateral trade balance.”
He stressed considering the reduction of Corona restrictions, the further development of tourism between Iran and Pakistan, including religious tourism, and the exchange of trade and cultural delegations should be on the agenda of the two countries.
It is worth mentioning that the Advisor to Prime Minister of Pakistan for Commerce and Investment last week had said he will visit Iran in November this year to attend a meeting of the Joint Trade Committee and promotion of border markets and barter trade with the Islamic Republic of Iran.