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Iran, Pakistan agrees to Strengthen trade, economic Cooperation

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ISLAMABAD, Nov 01 (APP): Ambassador of Iran to Pakistan , Reza Amiri Moghaddam called  Federal Minister Jam Kamal Khan to Strengthen Pakistan-Iran trade and economic Cooperation.
 Federal Minister for Commerce, Jam Kamal Khan, held a productive meeting with Iranian Ambassador to Pakistan, Reza Amiri-Moghaddam, to discuss avenues for strengthening bilateral trade and economic cooperation between Pakistan and Iran, said a release issued here on Saturday.
The meeting highlighted ongoing initiatives, trade agreements, and upcoming opportunities to further enhance economic ties between the two neighboring countries.
During the meeting, Minister Jam Kamal congratulated Ambassador Amiri-Moghaddam on the successful organization of 22nd Session of the Pakistan-Iran Joint Economic Commission in Islamabad and extended an invitation to Iranian companies and state-owned organizations to participate in the upcoming FoodAg exhibition, scheduled to be held from November 25 to 27, 2025, at the Karachi Expo Center.
The minister emphasized that such platforms would provide opportunities for Iranian and Pakistani businesses to explore trade, investment, and joint ventures in the agri-food sector.
The Commerce Minister proposed arranging high-level visits, including those of the Chief Minister of Balochistan and the Governor of Zahedan, to facilitate cross-border trade and improve the livelihoods of people living in the border regions.
He also suggested inviting Pakistani ministers from the maritime, railways, and communications sectors to Iran to explore avenues of mutual cooperation in their respective fields.
Ambassador Amiri-Moghaddam highlighted the progress in bilateral trade, recalling the previous agreements for imports of 400,000 tons of rice, 300,000 tons of meat, 200,000 tons of maize, and 50,000 tons of animal feed.
He noted that Iran has successfully completed rice imports and is now ready to purchase animal feed and maize.
Minister Jam Kamal underlined that over the past year, positive engagements between Pakistan and Iran have been fruitful, fostering stronger economic and trade relations.
He also thanked the Ambassador for acknowledging Pakistan’s amendments to the barter trade mechanism under the SRO, which have eased business operations between the two countries.
The minister further informed that the text of the Pakistan-Iran Free Trade Agreement (FTA) whixh was signed in Islamabad has is currently under internal review, with plans for presentation for official approval soon.
Ambassador Amiri-Moghaddam welcomed this development and also noted that flights between Quetta and Zahedan have resumed, enhancing connectivity for people and trade.
Both leaders reaffirmed the strong and brotherly relations between Pakistan and Iran, rooted in shared history, culture, and mutual respect.
They highlighted the shared vision of their leadership to achieve US$10 billion in annual bilateral trade by 2028 and expressed satisfaction over the successful organization of the 22nd Session of the Pak-Iran Joint Economic Commission held in Tehran on September 15-16, 2025.
Minister Jam Kamal emphasized that the Ministry of Commerce, in consultation with relevant internal stakeholders including the FBR and Ministry of Communications, is actively addressing issues faced by Iranian trucks entering Pakistan.
He also called for the reactivation of the Pakistan-Iran Joint Business Council to enhance B2B engagement between the two countries.
Highlighting trade facilitation efforts, the Commerce Minister welcomed the reactivation of the Mand-Pishin Joint Border Market on July 30, 2025, and urged the expedited operationalization of the remaining two joint border markets at Chegdi-Kouhak and Gabd-Reemdan.
He stressed the need to reduce non-tariff barriers, particularly through closer collaboration between the National Plant Protection Organizations (NPPOs) and quarantine agencies of both countries.
The meeting concluded on a positive note, with both sides expressing commitment to further strengthen bilateral trade, investment, and economic cooperation. Minister Jam Kamal reiterated Pakistan’s invitation to Iranian businessmen for the FoodAg exhibition in Karachi, signaling continued collaboration and growth in bilateral economic relations.
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