Pakistan Company News

PM emphasizes to increase Pak-Iran bilateral trade

Prime Minister Imran Khan has emphasized the need to increase Pak-Iran bilateral trade for the mutual benefit of both brotherly countries.

Addressing Pakistan-Iran Business Community in Tehran on Monday, he said countries with strong economies have a very high proportion of bilateral trade with regional countries. In this regard, he gave the example of ASEAN countries and China that enjoy a very high level of trade with neighbors.

The Prime Minister regretted that Iran, Pakistan and Afghanistan are very close neighbors but have very low trade volume with each other. He said Iran with 80 million people and Pakistan with 210 million people are large economies and have a huge trade potential.

Imran Khan expressed the wish that Pakistan and Iran should start developing their bilateral trade on immediate basis. He said only 10 percent rice coming from Pakistan to Iran comes directly. He said it is high time that we work on increasing trade despite sanctions on Iran and other challenges.

Source: Radio Pakistan