Tehran, Islamabad Agree to Up Trade to $5b p.a.
Economy, Domestic Economy

Tehran, Islamabad Agree to Up Trade to $5b p.a.

The fourth meeting of Iran-Pakistan Border Trade Committee concluded in Quetta on Wednesday by agreeing to increase bilateral trade from the current $1 billion to $5 billion per year. Addressing a joint press conference after the meeting, the head of Iranian delegation, Nader Mir-Shekari, Customs Collector of Quetta Saeed Jadoon and other officials said air and rail services between the cities of Quetta in Pakistan and Zahedan in Iran would be launched to facilitate two-way trade. According to the Pakistani financial daily Business Recorder on Thursday, they said a 10-member committee comprised of traders from both sides had been formed to look into the problems and hurdles pertaining to import and export between the two countries. Later, several memorandums of understanding were signed between the two sides.

Short URL : http://goo.gl/MM3RVq
  1. http://goo.gl/IzA0Te
  • http://goo.gl/Bc9cXD
  • http://goo.gl/6rO01d
  • http://goo.gl/1iKsHP
  • http://goo.gl/edFltG

You can also read ...

CBI, Capital Market Agree to Control  Gold Coin Bull Run
As gold coin prices are skyrocketing, the Central Bank of Iran...
Top US Court Restricts Police on Cellphone Location Data
The US Supreme Court on Friday imposed limits on the ability...
Experts believe the import ban would lead to a further rise in smuggling and market disruption.
The government has banned the import of 1,339 commodities...
Iran Explores Int’l Space Collaborations at UN Meeting
Officials with Iran Space Agency participated in the two-day...
Xiaomi’s Hong Kong IPO
Xiaomi, one of the world’s leading smartphone makers, is...
$1.5b in Tax Evasion Identified From Bank Accounts
About 63 trillion rials ($1.49 billion) worth of unpaid tax...
Mohammad Javad Zarif (4th L) addressed representatives of Iran Chamber of Commerce, Industries, Mines and Agriculture on June 24. (Photo: Bahareh Taghiabadi )
Foreign Minister Mohammad Javad Zarif assured the business...
TEDPIX Breaks Above 112,000 to Notch New High
Tehran Stock Exchange’s main index gained 2,659.33 points or 2...