Iran Pakistan

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.

Trade

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.

Trade

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

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

Trade

Iran “ready” to double power export

Iraq, Pakistan, Afghanistan and Armenia are already imorting some part of their needed elictricity from Iran which now says can increase the export.

Energy

Islamabad "ready" to renew 100MW power agreement with Tehran: Pakistan minister

The country has been importing Iranian electricity since 2002 mainly to help supply high demand in the border Balochistan province. Since then, Islamabad has increased the volume to 100 megawatts.

Energy

Iran, Pakistan sign road transport agreement to boost trade

International transport and transit between Iran and Pakistan can finally connect East Asia to Europe via roads.

Transportation

Pakistan can offset energy crisis by Iran gas

March 2013 Iran and Pakistan inaugurated the Peace Pipeline that would supply Iranian gas to its neighbouring country. It was supposed to be finished by December 14 and come on stream by January 2015. Five years have past but Islamabad has failed to finish the construction while it´s facing acute energy crisis.

Energy

Pakistani official calls for closer Tehran-Islamabad ties

Acting Chairman of Pakistan’s Senate Saleem Mandviwalla called for efforts to boost cooperation between Tehran and Islamabad in all areas.

Macro Economy

ICCIMA delegation to accompany Zarif to Pakistan

A delegation of Iran Chamber of Commerce, Industries, Mines and Agriculture will accompany Foreign Minister Mohammad Javad Zarif in a visit to Pakistan from March 11 to 14.

Iran Chamber

Iran, Pakistan sign banking agreement

The State Bank of Pakistan (SBP) and Central Bank of the Islamic Republic of Iran (CBI) have reached an agreement on banking and payment, as the two countries seek to raise the volume of bilateral trade to $5 billion.

Financial Markets