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IRAN, PAKISTAN AGREE TO INCREASE ECONOMIC COOPERATION & TRADE.
ISLAMABAD, Dec 3 Asia Pulse - Iran wants to increase bilateral trade with Pakistan to US$1 billion, a senior Iranian diplomat said on Saturday.
Ahmed Fasihi, Iran's Commercial Attache, met Pakistani Nasir Khan, the President of the Islamabad Chamber of Commerce & Industry (ICCI), saying that enhanced trade ties will help further promote relations in other fields.
Iran wishes to increase bilateral trade up to US$1 billion, from the current level of US$650 million, said an ICCI statement.
"The present level of trade is not fulfilling the potential the two countries have," said Mr Fasihi, though he added that Iran gives priority to importing Pakistani goods.
To achieve the set target of bilateral trade, Mr Khan suggested that Pakistan and Iran should encourage border trade by establishing customs ports at borders.
The President ICCI said he appreciated the role of the commercial section of Iran Consulate, particularly in terms of facilitating the business community of Pakistan.
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Source: HighBeam Research, IRAN, PAKISTAN AGREE TO INCREASE ECONOMIC COOPERATION & TRADE.