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22 April 2019 - 20:37
Iran proposes free trade agreement with Pakistan

Head of Tehran’s Chamber of Commerce Masoud Khansari said on Monday that Iran and Pakistan can barter commodities and sign a free trade agreement as ways to help facilitate trade between the two neighboring countries.

Khansari made the remarks during a meeting in Tehran with visiting Pakistani Prime Minister Imran Khan. 

Trade and economic ties between Iran and Pakistan which presently stand at around $2 billion is not satisfactory and need to be boosted, Khansari said. 

The unfair sanctions on Iran overshadowed the relations between Iran and Pakistan over the past years, he added.

He, however, noted that the new US sanctions on Iran can open a new gate for the expansion of relations between Tehran and Islamabad. 

Khansari expressed the hope that different problems, including lack of financial and banking channels, high tariffs and smuggling of goods will be resolved through negotiations held on the sidelines of the Pakistani prime minister’s visit to Iran. 

The Pakistani prime minister arrived in the Iranian capital for an official visit on Sunday evening. 

News Code 190202

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