Pakistani envoys at TCCIMA’s headquarters in Tehran on August 23. 
Pakistani envoys at TCCIMA’s headquarters in Tehran on August 23. 

Pakistan Delegation Ends Visit

Pakistan Delegation Ends Visit

A 19-member Pakistani trade delegation of major exporters in textile, leather, rice and agro products, tents and canvas, surgical instruments and gems and jewellery led by S. M. Muneer, Chief Executive of Trade Development Authority of Pakistan (TDAP) have concluded a visit to Iran aimed at enhancing business ties with Iran, the Associated Press of Pakistan reported.
According to a statement issued by the TDAP on Thursday a meeting was held between Muneer accompanied by Nazar Muhammad Ranjha, commercial counselor of Pakistan in Tehran and members of delegation, and Mehdi Jahangiri, vice president of Tehran Chamber of Commerce, Industry, Mine and Agriculture and his team on August 23 at the TCCIMA headquarters.
Putting the present volume of Iran-Pakistan trade at $830 million per year, Jahangiri said there is room for the two sides to significantly increase the figure.   
In a recent visit to Pakistan, President Hassan Rouhani and Pakistani Prime Minister Nawaz Sharif agreed to set the target of increasing bilateral trade to $5 billion by 2021.  
 “Our cooperation in power and electricity can play an important role”, Jahangiri remarked.
He noted that Pakistan can export rice, mangoes and kinnos to Iran.
The Islamic Republic of Iran Customs Administration’s latest statistics on two-way commercial exchanges pertains to the first four months of the current Iranian year (March 20-July 21). According to IRICA, Iran exported 646,400 tons of non-oil goods worth $256.4 million to Pakistan during the period, which indicates a 30% increase in value compared to last year’s corresponding period.
Meanwhile, more than 166,700 tons of goods valued at $160.4 million were imported, indicating a 119% surge. Petrochemicals, bitumen, gas, lead, vegetable seeds, carpet, pistachios and tiles were among the main exports. The imports chiefly included rice, cows, fruit, sesame, chickpeas, beans and lentil.

Short URL : http://goo.gl/QdGszp
  1. http://goo.gl/acxoOV
  • http://goo.gl/0VtQaD
  • http://goo.gl/OjdbA3
  • http://goo.gl/nrmmTp
  • http://goo.gl/BeSiFg

You can also read ...

German firms, especially those without business links to the US, want to continue their Iran business.
While Germany’s big banks are studiously avoiding Iran-related...
New Rules Allow  Direct Forex Sale
Businesspeople that have validated their purchase orders are...
Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production.
Iran Mercantile Exchange launched saffron futures trading for...
Banking Amendments Approved
The Money and Credit Council approved the Central Bank of Iran...
Iran Khodro Expanding Presence in Iraqi Market
Iran’s largest carmaker, Iran Khodro, is set to export 6,000...
Uber Plans Taxi-Hailing  in Japan
Uber Technologies plans to launch its first taxi-hailing pilot...
Tesla Admits Model 3 Braking Issue, Promises Fix
Tesla Inc’s Chief Executive Officer Elon Musk admitted on...
Prices have been jacked up by car dealers and some makers by 6-22% only in the past few weeks.
Authorities are set to ratify new car prices for models...