Iran Pakistan

Iran private sector urges free trade deal with Pakistan

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei, in a webinar to discuss economic and trade cooperation with Pakistan, underlined the need for signing a free trade agreement with the southeastern neighbor of Iran.

Trade

Iran-Pakistan trade hit $1 billion in 10 months

Trade between Iran and Pakistan stood at $1 billion during the first 10 months of the current Iranian tear (March 20, 2020-Jan. 19), the head of the Trade Promotion organization of Iran said.

Trade

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.

Trade

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.

Trade

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.

Trade

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.

Trade

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.

Energy

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.

Trade