Tehran-Islamabad call for removing trade barriers: Minister

Iran's industry minister said that the issue of broadening of trade relations between Tehran and Islamabad has been on the agenda of talks with an advisor to Pakistani prime minister in order to pave the way for removing the existing trade barriers.

In a meeting with Abdul Razak Dawood, Reza Rahmani on Monday referred to the need for removing trade barriers and trade facilitation, and called for a joint venture between the economic activists of two countries, especially in neighboring provinces.

The Iranian Industry Minister emphasized the need for activating Iran-Pakistan Joint Committee and considered the expansion of border crossings and markets as one of the ways to develop the border regions. 

Based on the report, the exchange of trade delegations and specialized exhibitions in the two countries and cooperation in the field of joint production are among other issues emphasized by the Minister of Industry in a meeting with the Pakistani official.

Earlier, the Minister of Industry, Mines and Trade, referred to the prospect of achieving a $5 billion trade volume between Iran and Pakistan by 2021, and expressed the hope that this will be achieved by establishing a banking relationship and finalizing the Free Trade Agreement.

Pakistani Prime Minister Imran Khan arrived in Tehran late on Sunday at the head of high-ranking political and economic delegation for official talks with the Iranian senior officials.

He was welcomed by the Iranian Health and Medical Education Minister Saeed Namaki in Mehrabad International Airport.

Prior to Tehran, Imran Khan was in the city of Mashhad on pilgrimage to the holy shrine of Imam Reza (AS), the eighth Shia Imam.

President Hassan Rouhani officially welcomed him on Monday and afterwards talks between the two countries’ senior officials started.

The Prime Minister is accompanied by a high-level delegation, including Ministers of Human Rights, Maritime Affairs, Inter-Provincial Coordination, Adviser on Commerce, Special Assistant on Overseas Pakistanis and Special Assistant on National Health Services, Foreign Secretary besides several senior officials.

News ID 190198

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