Key Takeaways:
- Joint efforts include organizing trade delegations, exhibitions, and investments.
- Both countries prioritize removing trade barriers and enhancing economic ties.
The 11th Joint Border Trade Committee meeting between Iran and Pakistan commenced on Monday in Zahedan, southeastern Iran, with the objective of increasing annual bilateral trade to $10 billion, reports Iranian news agency IRNA.
Pakistan’s Ambassador to Iran, Muhammad Mudassir Tipu, participated online, announcing that delegations from both countries will discuss strategies to enhance mutual trade. The meeting saw the presence of senior officials including Iran’s consul general in Quetta and Pakistan’s consul general in Zahedan.
These joint meetings aim to address and eliminate trade obstacles, develop economic relations, and foster cooperation between the neighboring nations. Discussions will focus on coordinating efforts to improve trade ties, exchange economic delegations, organize joint exhibitions, attract investments, and establish joint industrial centers and retail markets.
Specialized panels on commerce, customs, banking, transportation, fisheries, and agriculture will be held, culminating in the signing of a joint memorandum of understanding.
The head of the Pakistani delegation, Irfan Javed, expressed Islamabad’s strong support for developing joint markets and investments, emphasizing the importance of transportation cooperation for the livelihoods of border region residents.
Davoud Shahraki, deputy coordinator of economic affairs of Sistan and Baluchestan governor’s office, highlighted Iran’s commitment to expanding trade with Pakistan, noting the long-standing and historic relationship between the two countries.
