30% Rise in Non-Oil Exports to Pakistan
Economy, Domestic Economy

30% Rise in Non-Oil Exports to Pakistan

Iran exported 1.2 million tons of non-oil goods worth $497.5 million to Pakistan during the eight months to November 20, registering a 30% increase compared with last year’s corresponding period. Petrochemicals, bitumen, gas, lead, vegetable seeds, carpet, pistachio and tiles were among the main exported commodities, the Islamic Republic of Iran Customs Administration’s latest data show. Iran and Pakistan are in talks to reach a free trade deal. “We hope the FTA will be finalized by the end of 2017,” Pakistan’s Minister of Commerce Khurram Dastgir Khan was earlier quoted as saying. He was scheduled to visit Iran last week, but the visit was canceled without mentioning any reason. Pakistan presented a draft of its proposed FTA to Iran during Iranian President Hassan Rouhani’s state visit to Pakistan back in March. Iranian authorities approved the draft after adding their own considerations and returned it to Pakistani officials in mid-September. Iran-Pakistan trade peaked in 2012 when commercial exchanges exceeded $3 billion. The figure, however, followed a downtrend in the following years.

Short URL : https://goo.gl/LWAT6h
  1. https://goo.gl/klyeIz
  • https://goo.gl/GZwwKY
  • https://goo.gl/N7IO0s
  • https://goo.gl/5kvnV6
  • https://goo.gl/4pibYw

You can also read ...

Guidance Forum for Startups
The local accelerator Novintech is set to hold a Q&A...
Fresh Forex, Gold Coin Rally in Tehran Market
After a period of calm, the US dollar is once again surging in...
SpaceX founder Elon Musk says block 5 boosters should be able to fly 50 to 60 times with minimal refurbishment between flights.
Lighting up the deep overnight sky, a SpaceX Falcon 9 rocket...
Iran, Iraqi Kurdistan to Set Up  Industrial Town Along Border
The construction of an industrial city will soon start near...
Isfahan Airport to Increase Plane Parking Capacity
Isfahan International Airport’s parking project has started...
Iran-Europe Business Center Hosts Talks in Berlin to Foster Tech Ties
A meeting has been held between Iranian and European startups...
Seafood Exports Earn $50m in 2 Months
About 16,000 tons of seafood worth close to $50 million were...
Only 2% of Iranian Production  Units Have R&D Departments
From around 98,000 economic and industrial production units,...

Add new comment

Read our comment policy before posting your viewpoints