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Pakistan, Iran Aim to Boost Trade Volume to $10 Billion
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Pakistan, Iran Aim to Boost Trade Volume to $10 Billion

Iranian President Ebrahim Raisi Announced during a joint press conference with Prime Minister Shehbaz Sharif in Islamabad.
Published: Apr 22, 2024 | 11:12 PM

In a significant development, Pakistan and Iran have agreed to increase their trade volume to $10 billion, as announced by Iranian President Ebrahim Raisi during a joint press conference with Prime Minister Shehbaz Sharif in Islamabad.

Joint Commitment to Boost Bilateral Relations

The two leaders expressed their commitment to strengthening bilateral relations and promoting trade and business activities in border areas to benefit the local population.

They also reiterated their determination to combat terrorism and organized crimes.

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MoUs Signed for Cooperation in Diverse Fields

Pakistan and Iran signed eight agreements and MoUs for cooperation in various fields, including:

  • Security
  • Judicial assistance in civil matters
  • Veterinary and animal health

A New Era of Economic Progress and Prosperity

Prime Minister Shehbaz Sharif expressed confidence that the visit of the Iranian President will further strengthen and deepen the bilateral relationship especially trade between Pakistan and Iran.

He emphasized the need to transform border areas into zones of economic progress and prosperity.

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A Turning Point in Bilateral Relations

President Ebrahim Raisi expressed hope that his visit to Pakistan will mark a turning point in the expansion and promotion of bilateral relations between the two nations.

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