ISLAMABAD, Nov 05 (APP): Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood, on Friday started his two day visit for Iran to negotiate on bilateral trade and investment with Iranian government.
According to the press release issued by the ministry of commerce, Pakistan and Iran agreed to start initial talks on Free Trade Agreement (FTA) and other important issues of trade for increasing the bilateral trade volume and investment opportunities.
Both of the neighboring will also discuss barter trader, cooperation in transportation, Free Trade Agreement, construction of border markets and other issues affecting bilateral trade.
The 9th Joint Trade Committee (JTC) meeting between Islamic Republic of Iran and Islamic Republic of Pakistan is scheduled to be held on November 6-7 2021-at Tehran.
Minister of Industry, Mine and Trade of Iran Fatemi Amin and Adviser to the Prime Minister on Commerce and Investment of Pakistan, Abdul Razak Dawood, will co-chair the meeting to discuss all trade issues and progress made after the 8th meeting held in 2019 in Islamabad.
An Memorandum of Understanding (MOU) on exhibition cooperation will also be signed between the two countries.
Officials from Ministry of Commerce, Pakistan Customs (FBR), Govt of Baluchistan and Presidents of Federation of Pakistan Chambers of Commerce and Industry and Quetta Chamber of Commerce and Industry are accompanying the Adviser for the meeting.
The Adviser Commerce will also call on Minister of Road and Urban Development of Iran and Minister of Jihad-Agriculture of Iran
Meeting of the heads of Iran and Pakistan Chambers of Commerce and is also scheduled during the visit, at Iranian Chamber of Commerce and trade unions.