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Pakistan, Iran agree on round-the-clock border operations to spur trade
['Web Desk']
The Express Tribune » Pakistan
PM Shehbaz says sustained efforts can help Pakistan and Iran achieve their $10b bilateral trade targetPrime Minister Shehbaz Sharif holds talks with Iran's Minister of Industry, Mine and Trade, Syed Mohammad Atabak, in Islamabad on Wednesday as the two sides agree to promote border trade and enhance bilateral economic cooperation.
Photo: PMOPakistan and Iran on Wednesday agreed to promote border trade by enhancing facilities to keep their shared border open round the clock, improving logistics and harmonising customs procedures.
The premier expressed hope that the $10 billion bilateral trade target set by the leadership of both countries would be achieved through sustained efforts.
Also Read: Pakistan, US make progress on reciprocal trade framework: finance ministryPakistan and Iran enjoyed robust trade relations before sanctions on Tehran intensified more than a decade ago, with bilateral trade surpassing $1.2 billion in FY10.
Before sanctions disrupted trade, Pakistan exported rice, meat, paper, textiles, fruits and surgical goods to Iran, while importing chemicals, plastics, oil, iron and steel products.