Pak-Iran trade

Feasibility study was carried out at an estimated cost of $698 million

The Iran-Pakistan gas pipeline will further strengthen bilateral ties between the two countries

Both will establish formal channels in their respective currencies

Ministry asks SBP and private banks to form consortium to resolve the matter

Sees terrorism as common concern for both sides

Any delay will allow India, which is already active, to fill vacuum

ICCI chief emphasises need of diversification of bilateral trade

FPCCI chief suggests direct cargo flights, cooperation between ports

Pakistan, Iran will sign five-year Strategic Trade Cooperation Plan during Rouhani’s visit

MCCI President said Pakistan should enhance electricity imports to 1,000 megawatts