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Pakistan to Open Banking Channels With Iran

Modalities to open Pakistan’s banking channels with Iran were finalized during a recent meeting with the delegation led by Iranian Foreign Minister Mohammad Javad Zarif.Modalities to open Pakistan’s banking channels with Iran were finalized during a recent meeting with the delegation led by Iranian Foreign Minister Mohammad Javad Zarif.

While Pakistan remained cautious and reluctant to increase trade ties with Iran in the past four years because of international trade sanctions imposed on its neighboring country, its government, according to the ministry of commerce and industry, has finalized the modalities for opening a banking channel with Tehran.
During a meeting of the National Assembly Standing Committee on Commerce, officials of the ministry informed that during the recent meeting with a high powered delegation led by Iranian Foreign Minister Mohammad Javad Zarif, all modalities have been finalized.
The Iranian top diplomat visited Islamabad last month at the head of a high-ranking politico-economic delegation, Pakistantoday.com reported.

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