Pakistan, Iran vow to elevate regional economy

MG News | September 16, 2025 at 04:47 PM GMT+05:00
September 16, 2025 (MLN): Mutual cooperation between Pakistan and Iran can take the regional economy to new heights, said Federal Minister for Commerce Jam Kamal Khan while addressing the Pak–Iran Business Forum in Tehran.
He thanked Iranian Minister of Roads and Urban
Development Farzana Sadiq for extending exemplary hospitality, noting that
people of both countries would directly benefit from the activation of border
markets, including the Mand Pishin sustenance market.
Khan invited Iranian companies to participate in the
Pakistan Agriculture Expo scheduled for November and highlighted investment
opportunities under Pakistan’s five-year “Uraan Pakistan” programme.
He emphasized that the historic friendship between the
two nations would now be transformed into economic history.
In her remarks, Minister Farzana Sadiq stressed that the
economies of Pakistan and Iran could together serve as a hub of regional
development.
She expressed keen interest in joint projects in
pharmaceuticals, engineered products and ceramics, while reiterating the
commitment to achieving the $10bn bilateral trade target.
She also extended condolences over the loss of lives in
Pakistan’s recent floods.
At the forum, both sides agreed to enhance bilateral
trade, address customs and tariff barriers and strengthen technical
cooperation.
Discussions also focused on establishing joint economic
zones, expanding collaboration in agriculture and exploring new areas of trade
and investment.
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