Pakistan, Iran strengthen ties with 12 agreements
MG News | August 04, 2025 at 10:57 AM GMT+05:00
August 4, 2025 (MLN): Pakistan and Iran have exchanged 12
agreements and Memorandums of Understanding (MoUs) aimed at enhancing bilateral
cooperation in various sectors.
The exchange ceremony took place in Islamabad in the
presence of Prime Minister Shehbaz Sharif and Iranian President Dr Masoud
Pezeshkian.
The agreements and MoUs included cooperation in plant
protection and quarantine, joint use of the Mirjaveh-Taftan border gate,
collaboration in science and technology as well as partnership in information
and communications technology.
Additional areas included exchange programs in culture, art,
tourism, youth, mass media and exports, cooperation in meteorology, climatology
and related hazards, maritime safety and firefighting, and judicial assistance
in criminal matters.
Other MoUs included a supplemental agreement related to the
2013 air services agreement, mutual recognition of product certification,
inspection and testing, a tourism cooperation plan for 2025–27.
Pakistan and Iran have also finalized the long-awaited Free
Trade Agreement (FTA), aiming to reach $10 billion in bilateral trade by 2028.
This declaration was made during the Pakistan-Iran Business Forum in Islamabad,
held as part of Iranian President Dr. Masoud Pezeshkian’s official visit.
President Pezeshkian met with President Asif Ali Zardari to
reaffirm cooperation across various sectors and discuss regional peace and
security. President Zardari condemned Israeli aggression against Iran and
praised Iran’s support for Kashmir.
Federal Commerce Minister Jam Kamal Khan highlighted the
importance of cross-border trade, especially for Balochistan, and called for
swift development of additional border markets.
He also urged implementation of barter trade, removal of
non-tariff barriers, and improved transport and customs coordination.
The forum emphasized investment opportunities in minerals,
agriculture, and energy with both sides committing to policy reforms and
private-sector collaboration.
Copyright Mettis
Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 142,123.18 254.29M | 0.77% 1088.19 |
| ALLSHR | 87,964.57 460.66M | 0.74% 646.34 |
| KSE30 | 43,680.88 94.40M | 0.80% 346.34 |
| KMI30 | 202,850.87 98.64M | 0.86% 1733.89 |
| KMIALLSHR | 58,897.96 278.13M | 0.93% 540.74 |
| BKTi | 38,607.27 10.94M | 0.89% 342.11 |
| OGTi | 30,304.29 28.42M | 1.22% 365.87 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 115,090.00 | 115,400.00 114,300.00 | 1520.00 1.34% |
| BRENT CRUDE | 69.71 | 69.98 68.95 | 0.04 0.06% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
| ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 67.47 | 67.74 66.56 | 0.14 0.21% |
| SUGAR #11 WORLD | 16.30 | 16.30 16.17 | 0.12 0.74% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|