The Iranian ambassador to Pakistan, referring to the agreement between the two countries' leaders to increase bilateral trade volume to $10 billion, stated that achieving this goal requires pragmatism and timely implementation of joint agreements.

Why it matters:

Iran-Pakistan relations are important for several reasons including geopolitical significance, economic cooperation, security concerns, cultural and historical ties, regional connectivity, etc. The relationship between the two countries is multifaceted and plays a crucial role in regional stability, economic development, and geopolitical dynamics in South Asia and the Middle East.

Key points:

  • Reza Amiri Moghadam, attended a special seminar of the Chamber of Commerce and Industries in Rawalpindi, Pakistan, to explain the latest developments in bilateral relations and outline the policies of the Islamic Republic of Iran in the economic and trade sectors with neighboring countries.
  • The Rawalpindi Chamber of Commerce and Industries is considered one of the leading business associations in Pakistan.

What they are saying:

  • Expressing satisfaction with the private sector's determination in Pakistan to expand trade interactions with Iran, Amiri Moghadam said that simplifying the process of economic cooperation, facilitating trade at the common borders, and timely resolution of challenges are the current needs of both neighboring countries.
  • The Iranian ambassador in Islamabad, pointing to the hostility of imperialist powers towards free nations and the imposition of unjust sanctions to affect their trade, added that despite unilateral economic sanctions, Iran's trade relations with various countries, including Pakistan, have seen significant growth, which needs to reach $10 billion.
  • Amiri Moghadam called for the expansion of the railway line from neighboring Pakistan to the city of Zahedan in Iran to facilitate trade routes and mentioned that the issuance of Iranian visas for Pakistani traders would be facilitated.
  • Usman Shaukat, the President of the Rawalpindi Chamber of Commerce, welcomed Iran's initiatives to strengthen people-to-people and trade connections with Pakistan and announced the readiness of this organization to play a role in facilitating trade exchanges, including focusing on cooperation in key areas.

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