Pakistan-Iran trade committee on the cards
Officials from two countries discuss expanding rail connections, providing relief on trade of food items
There is an immediate need to resolve the issues causing hurdles in trade between Pakistan and Iran, Quetta customs collector says. PHOTO: FILE
QUETTA:
Pakistan and Iran on Monday agreed upon constituting a trade committee, comprising officials of both the countries, to expand rail connections and provide relief on trade of food items.
These decisions were taken during the first sitting of the Pak-Iran trade session held in Quetta. The meeting was jointly chaired by Quetta Customs Collector Ashraf Ali and head of Iranian delegation Nadir Mir.
Pakistan to pursue economic ties with Iran despite US sanctions
Business communities and government officials of both the countries were present.
The session reviewed various trade opportunities, including promotion of banking system and trade, between the two Muslim neighbouring countries.
“There is an immediate need to resolve the issues causing hurdles in trade between Pakistan and Iran. The session will be beneficial in increasing our trade with Iran,” said Ali, adding that Pakistan seeks to functionalise the banking sector with Iran.
In absence of payment mechanism, Pakistan loses Iran market
The session stressed upon joint efforts to end the deprivation of Pak-Iran bordering provinces – Balochistan, and Sistan and Baluchestan (Iran province), highlighting that legal trade would be beneficial for developing the bordering provinces.
Lauding the hospitalities of the Pakistani government, the head of Iranian delegation said, “Pakistan Customs and other government organisations have been providing full cooperation and assistance to the Iranian government.
“The Pak-Iran trade session will help enhance bilateral relations between the two neighbouring countries and increase trade activities.”
Pakistan and Iran on Monday agreed upon constituting a trade committee, comprising officials of both the countries, to expand rail connections and provide relief on trade of food items.
These decisions were taken during the first sitting of the Pak-Iran trade session held in Quetta. The meeting was jointly chaired by Quetta Customs Collector Ashraf Ali and head of Iranian delegation Nadir Mir.
Pakistan to pursue economic ties with Iran despite US sanctions
Business communities and government officials of both the countries were present.
The session reviewed various trade opportunities, including promotion of banking system and trade, between the two Muslim neighbouring countries.
“There is an immediate need to resolve the issues causing hurdles in trade between Pakistan and Iran. The session will be beneficial in increasing our trade with Iran,” said Ali, adding that Pakistan seeks to functionalise the banking sector with Iran.
In absence of payment mechanism, Pakistan loses Iran market
The session stressed upon joint efforts to end the deprivation of Pak-Iran bordering provinces – Balochistan, and Sistan and Baluchestan (Iran province), highlighting that legal trade would be beneficial for developing the bordering provinces.
Lauding the hospitalities of the Pakistani government, the head of Iranian delegation said, “Pakistan Customs and other government organisations have been providing full cooperation and assistance to the Iranian government.
“The Pak-Iran trade session will help enhance bilateral relations between the two neighbouring countries and increase trade activities.”