Iran Pakistan

Iran’s vice president urges China, friendly countries to buy oil

After one year of the imposition of oil sanctions, Iran’s economy now enjoys a stable status. Iran expects friend countries to act more actively in buying Iranian oil, Iran’s Vice President Jahangiri said.


Should Iran private sector invest in failed Pakistan Steel Mills?

Islamabad is studying plans to privatise its bankrupt steel maker. But, it needs over $100m and such huge investment is hard to come by in cash-stripped Pakistan. Iran Chamber Newsroom analyses if Iranian private steel makers should invest in PSM.

Mine and Industry

Iran, Pakistan sign MoU to broaden economic ties, reach $5bn trade target

Iran’s minister of trade, mine and industry signs cooperation document with Pakistani officials to ease trade barriers so Tehran and Islamabad reach their target of 5 billion dollars in their annual trade volume.


Iran ready to connect Chabahar with Gwadar: FM Zarif

Iranian FM says the two strategic ports are not seeking rivalry as he tries to strengthen the country’s economic relations with the eastern neighbour, that’s been funded by China and Saudi Arabia to improve its economy.


Iran’s Zarif due in Pakistan to stregthen economic, political ties

Iran’s foreign policy chief Mohammad Javad Zarif will travel to the eastern neighbouring country Pakistan as part of his recent Asian tour aimed at boosting Tehran’s relations with its regional allies.


Pakistani businessmen demand third-party financial channel for Iran trade

A number of Pakistani businesses who are engaged in exporting to Iran have called on Islamabad to open a payment channel with Tehran through a Pakistan-based Chinese bank.


Iran proposes barter, local currency use to boost Pakistan trade

Iranian President Hassan Rouhani says bartering goods and using rial and rupee with Pakistan in a bid to raise the annual trade volume to $5bn.


Iran, Pakistan seek $5bn trade volume in Imran Khan’s first official visit

Iran and Pakistan share more tha 1,000 kilometers of borders as well as deep historical ties since the latter’s independece in 1947. The two have had ups and downs in their relations but should their bilateral trade rise, Tehran and Islamabad can enjoy warmer ties as well.


Pakistan issues 6-month visas for Iranian businessmen to boost trade

Mutual trade between the neighbouring countries rose to more than 1 billion dollars during the last 10 months, showing an increase of more than 40%, according to the Pakistani envoy.


Iran-Pakistan free zone to open “in coming weeks”

The free zone is expected to augment the mutual trade to $5bn.