Pakistan and Iran resolve to increase trade volume to $10 billion
Pakistan and Iran have set a target to further strengthen their bilateral trade relations and increase it to $10 billion annually over the next three to five years. According to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), concrete steps are being taken to enhance economic cooperation between the two countries.
To achieve this goal, both countries are focusing on promoting industrial partnerships. Officials state that removing trade barriers and facilitating cross-border trade will benefit the economies of both neighboring countries.
This plan includes improving infrastructure and creating new investment opportunities. Increasing contacts between traders and industrialists of both countries will pave the way for an increase in trade volume, which will bring economic stability to the region.
This trade target between Pakistan and Iran is being considered an important step for the promotion of regional trade. If this plan is completed successfully, it will not only improve relations between the two countries but will also create new employment opportunities.