Pakistan & Iran chalks out 5 year trade cooperation plan with trade target of 5 billion US dollars

Pakistan & Iran chalks out 5 year trade cooperation plan with trade target of 5 billion US dollars

• Pakistan and Iran have chalked out a five-year trade cooperation plan with a trade target of 5 billion US dollars. Pak foreign minister Bilawal Bhutto Zardari said, the five-year plan is aimed at removing impediments on bilateral trade, finalization of the Free Trade Agreement and establishment of institutional linkages between respective private sectors.
• Pakistan's vision for greater enhanced trade was fully aligned with Iranian President Ebrahim Raisi’s policy of the neighbourhood First.
• The two sides were fully committed to increasing the bilateral trade. It also emphasised the completion of the Pakistan-Iran gas pipeline, which would serve the national interests of the two countries.

Also Read: Weekly Current Affairs (Economy) 8-14 July 2023 Bitbank: With which country India has started bilateral trade in rupees recently?

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Published date : 05 Aug 2023 10:44AM