US Warns Pakistan of Potential Sanctions Risk in Trade with Iran

The US Department of State has cautioned Pakistan against pursuing trade agreements with Iran, citing the risk of sanctions.

The spokesperson emphasized the importance of considering this potential threat, particularly given the significant trade and economic ties between the US and Pakistan.

A Warning to Pakistan

In response to inquiries about Pakistan-Iran trade agreements, the spokesperson advised caution, stating, “We advise anyone considering business deals with Iran to be aware of the potential risk of sanctions.”

While not specifically mentioning Pakistan, the warning was issued in the context of Pakistan’s recent agreements with Iran.

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US-Pakistan Trade Relations

The spokesperson highlighted the significant trade and economic ties between the US and Pakistan, stating, “The United States is one of Pakistan’s largest export markets… We have also been a leading investor in Pakistan for the past 20 years. Pakistan’s economic success is in both of our interests, and we look forward to continuing our partnership.”

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Pakistan-Iran Relations

Pakistan and Iran recently reaffirmed their commitment to strengthening bilateral relations, aiming to increase trade volume to $10 billion.

Eight memoranda of understanding were signed, covering areas such as veterinary and animal health, judicial support, and security matters.

Sanctions Risk

The US spokesperson’s warning suggests that Pakistan’s relations with Iran could be jeopardized by sanctions, given Iran’s standing in the international community.

While not previewing potential sanctions actions, the US has made its concerns clear.

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