Pakistan, Iran endeavor to achieve bilateral trade target of $5 bln

News Image

MG News | December 04, 2018 at 12:36 PM GMT+05:00

0:00

December 04, 2018: Pakistan and Iran have agreed to hold 21st session of the Joint Economic Commission (JEC) early next year, to discuss measures for enhancing bilateral trade to achieve annual target of $5 billion through facilitation of business communities, scaling down of trade barriers and speedy progress on facilitating preferential trade.

The agreement to this effect was reached during the 10th round of Pak-Iran Bilateral Political Consultations, with Foreign Secretary Tehmina Janjua and Deputy Foreign Minister of Iran Syed Abbas Araghchi, leading their respective delegations in the meeting. 

Bilateral Political Consultation between Iran and Pakistan was one of the several important institutional mechanisms to regularly review and chart the way forward in various areas of cooperation.

The Bilateral Consultations provided the opportunity to review the progress made under various other institutional mechanisms concerning consular, economic, trade and border related issues between the two sides.

Both side agreed on the need to further improve railway connectivity between the two countries.

Views were also exchanged on other important regional and international issues including the situation following the US unilateral withdrawal from JCPOA, the situation of human rights in Kashmir, and the conflict in the Middle East.

(APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
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 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg