Iran Pakistan

Iran, Pakistan mulling electricity for rice barter plan

Iran’s Minister of Industry, Mining and Trade Ali Reza Razmhosseini says the country is ready to barter its electricity with rice from Pakistan.


Iran, Pakistan open Rimdan-Gabd border crossing to boost trade

Iranian and Pakistani officials have opened a new crossing at the border between the two countries to increase trade exchanges.


Mirjaveh-Taftan crossing reopened at Iran-Pakistan border

Iran and Pakistan fully reopened Mirjaveh-Taftan border to facilitate bilateral trade after it was temporarily closed due to the outbreak of the coronavirus.


Pakistan PM urges US to lift Iran sanctions amid virus outbreak

Pakistan’s Prime Minister Imran Khan has urged US President Donald Trump to lift unilateral sanctions that his administration has imposed on Iran as Tehran is engaged in a diligent fight against the ongoing pandemic of the deadly new coronavirus, known as COVID-19.

Society Economy

Iran, Pakistan sign agreement on customs cooperation

Iran and Pakistan have agreed to develop a mechanism for electronic exchange of bilateral trade data in a bid to curb misreporting.


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.