Iran, Pakistan finalize free trade agreement

TEHRAN - Iran's Industry, Mining, and Trade Minister Mohammad Atabak said a free trade agreement with Pakistan has been finalized and the list of commodity items subject to the agreement will be prepared and released in two months.

Iranian, Pakistani ministers discuss bilateral trade ties

TEHRAN - Iranian Minister of Industry, Mining and Trade Mohammad Atabak and Pakistan’s Federal Minister for Commerce Jam Kamal Khan have discussed trade ties between the two countries, with both agreeing that economic exchanges should be promoted further.

Iran-Pakistan border trade committee opens in Zahedan

TEHRAN- The 11th meeting of the Joint Border Trade Committee of Iran and Pakistan opened in the southeastern Iranian city of Zahedan on Monday, where the two sides pursue the increase of bilateral trade to $10 billion per annum.

Pakistan improves facilities at border points with Iran: envoy

TEHRAN - Pakistan’s Ambassador to Iran Muhammad Mudassir Tipu has said that facilities at two border points between the two countries have been beefed up as part of efforts to facilitate trade and trips by passengers.

Pakistan mulling over plans to set up shipping line with Iran: report

TEHRAN - Pakistan’s official news agency has announced that the government in Islamabad is mulling over plans to launch a shipping line with Iran to make it easy for Pakistanis going on pilgrimage trips to the southwestern neighbor.

Lahore hosts Iran-Pakistan business forum

TEHRAN - The Pakistani city of Lahore hosted a meeting to explore the opportunities to increase trade volume between Iran and Pakistan to $10 billion, a target that was agreed upon during the last visit of the late Iranian President Ebrahim Raisi to the neighboring country.

Exports to Pakistan up 18% in 4 months y/y

TEHRAN - The value of Iran’s non-oil exports to Pakistan in the first four months of 2024 has reached $360 million, showing an 18 percent growth compared to last year’s corresponding period.

Karachi-Mashhad flights to resume as of June 11: Iran's envoy

TEHRAN - Iran’s consul general in the southern Pakistani port city of Karachi has announced the resumption of direct flights from Karachi to Iran’s northeastern city of Mashhad as of June 11.

Iran ready to supply gas to Pakistan in sustainable manner: envoy

TEHRAN - Iran’s Consul General in Karachi Hassan Nourian has said that Iran is well aware of Pakistan’s need for energy and is ready to supply the gas in a sustainable and sufficient manner to the neighboring country.

Pakistan not to attach importance to U.S. sanctions: FM

TEHRAN - Pakistani Foreign Minister Mohammad Ishaq Dar has pointed to the importance of President Ebrahim Raisi’s visit to Pakistan, noting that Islamabad does not care about the United States sanctions and will do whatever is in line with its national interests.

Iran, Pakistan private sectors call for finalizing free trade agreement

TEHRAN - The private sectors of Iran and Pakistan have stressed the need for finalizing a free trade agreement between the two neighboring countries.

Pakistan willing IP to become operational very soon: Oji

TEHRAN - Iranian Oil Minister Javad Oji says Islamabad is eager for Iran’s gas export pipeline to Pakistan (IP) to become operational as soon as possible, Shana reported.

Quarterly exports to Pakistan rise 16% yr/yr

TEHRAN – Iran’s exports to its neighbor Pakistan increased by 16 percent in the first three months of 2024 compared to the same period last year to reach $286 million, data released by Pakistan’s Ministry of Commerce showed.

By Ebrahim Fallahi

Iran, Pakistan explore avenues of economic cooperation

TEHRAN – Prior to the official visit of Iran’s President Ebrahim Raisi to Pakistan, a delegation of Pakistani officials visited Iran to discuss ways of expanding economic ties and negotiate the preparation of the agreements expected to be signed during President Raisi’s visit to their country.

Pakistani ambassador in exclusive interview with Tehran Times: 

Iran, Pakistan should have robust cooperation in different fields

TEHRAN – Encouraging further cooperation across various domains such as culture, tourism, and trade, the Pakistani ambassador to Iran has emphasized the importance of strengthening the longstanding bond between Iran and Pakistan. 

Iranian firms ready to contribute to construction of IP pipeline: envoy

TEHRAN - The Iranian ambassador to Islamabad has said that the country’s capable technical and engineering companies are prepared to contribute to the construction of the Iran-Pakistan gas pipeline (IP) as well as the renovation of Pakistan Steel Mills.

IP Gas completion, BRICS membership should be Pakistan's priority: senator

TEHRAN - Chairman of the Foreign Relations Committee of the Senate of Pakistan, Senator Farooq Hamid Naek, has said that the Iran-Pakistan gas pipeline completion and membership in BRICS should be the priority of the new Pakistani government.

Iran-Pakistan gas pipeline project recommences after ten-year delay

TEHRAN - In a significant step towards enhancing energy cooperation between Pakistan and Iran, Islamabad has given the green light for advancing much-delayed work on the Iran-Pakistan gas pipeline within its territory.

Iran exports non-oil goods worth $1.3b to Pakistan in 8 months

TEHRAN - Iran has exported non-oil commodities valued at $1.3 billion to Pakistan during the first eight months of the current Iranian calendar year (March 21-November 21), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Iran aiming to boost trade with Pakistan by establishing free zones, trade centers

TEHRAN – The Islamic Republic of Iran is aiming to expand its economic and trade relations with Pakistan through establishing joint free zones and trade centers with the country, IRIB reported.

Iran seeking to boost banking co-op with Sri Lanka, Pakistan

TEHRAN - On the sidelines of the annual meeting of the International Monetary Fund (IMF) in Marrakech, Morocco, the Governor of the Central Bank of Iran (CBI), met and held talks with the governors of the central banks of Pakistan and Sri Lanka and emphasized the development of bilateral and multilateral monetary and banking cooperation.

Iran to hold pavilion at IFTECH Pakistan 2023

TEHRAN – The managing director of Iranian Advanced Industries Research and Development Support Fund (Saha) has said the country is going to hold a pavilion at Pakistan’s 18th International Exhibition of Food and Beverage Processing and Packaging Technologies (IFTECH Pakistan 2023) which is due to be held in Lahore during September 7-9, IRNA reported.

Iran, Pakistan ink 5-year strategic trade co-op document

TEHRAN- Iranian Foreign Minister Hossein Amir Abdollahian and his Pakistani counterpart Bilawal Bhutto Zardari inked a five-year strategic plan document for trade cooperation between the two neighboring countries from 2023 to 2028.

TCCIMA hosts business meeting with Pakistani officials

TEHRAN – Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) hosted a meeting with a delegation of senior Pakistani state officials on Monday, during which the two sides discussed ways of expanding economic exchanges between the two countries’ private sectors.