19-member trade delegation visited Iran to promote business ties

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ISLAMABAD, Aug 25 (APP): A 19-member trade delegation of major exporters in textile, leather, rice and agro products, tents and canvas, surgical instruments and gems and jewellery led by S. M. Muneer, Chief Executive of Trade Development Authority of Pakistan (TDAP) visited Iran for enhancing business ties with Iran.
According to a statement issed by the TDAP here Thursday a meeting was held between S. M. Muneer accompanied by Nazar Muhammad Ranjha, Commercial Counsellor of Pakistan in Tehran and members of delegation and Jahangiri, vice president of Tehran Chamber of Commerce, Industry, Mine and Agriculture and his team on August 23 in Tehran Chamber of Commerce.
Jahangiri welcomed C.E.O, TDAP and expressed their happiness to host this delegation from brotherly neighbor country.
He stated that two countries enjoy good relations and want to increase trade in engineering.
Both the countries have population more than 270 million and common border of 900 Km, cheaplabours, natural resources and both have complementary economies.
He said that at present the volume of trade is only 830 mUS$. Now sharing capacity of two countries we can achieve higher figures.
Recently president Iran visited Pakistan and emphasized that trade volume between Iran and Pakistan should reach to US $5 billion and this can happen by private sector.
He said that in the past decade there were sanctions, but now sanctions have been lifted and JCPOA have been signed.
“We have achieved great success without bloodshed and war. Our brother Pakistan stood with us. Now we are beginning new round of cooperation”, he remarked.
Jahangiri said that Pakistan will be the first country to start new trade with Iran.
“We can extend trade, transportation and ports. Our cooperation in power and electricity can play important role”, he remarked.
He said Pakistan can export rice, mangoes and kinnos to Iran.
“On our side Tehram Chamber is the largest private entity and we will try our best for the removal of all types of barriers in order to promote Pak Iran Trade. The all out efforts will be made to enhance investment
and to facilitate the investors coming from Pakistan”, he added.
He added “I believe that our historical friendship will help a lot to further improve our trade relations”.
In response to the remarks of Jahangiri, The chief Executive , Trade Development Authority of Pakistan, desired to arrange one single country exhibition in the city of Karachi or Lahore.
Jahangiri stated that as a member of the chamber he will send the proposal to the concerned quarters and also follow up this proposal to organize the exhibition in Pakistan.
This will help us to show our capacity in various fields to the business community of Pakistan.
He stated that like Chief Executive TDAP he also belongs to banking sector and will utilize his experience for expanding our relations.