Pakistan, Iran set $10bn trade target with new MoU

MG News | February 26, 2025 at 11:54 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 26, 2025 (MLN): Pakistan and Iran have signed a Memorandum of Understanding (MoU) to boost bilateral trade, setting a target of $10 billion.

The agreement was formalized during a high-level meeting between the Federation of Pakistan Chambers of Commerce and Industry and Iran’s Mashhad Chamber of Commerce and Industry.

As part of the discussions, Iran committed to lowering business visa fees and easing trade processes to strengthen economic ties.

Bilateral trade between the two countries has already seen growth, reaching $2.8bn in the last fiscal year.

Meanwhile, Pakistan’s business climate continues to improve with the support of the Special Investment Facilitation Council, creating new avenues for trade and investment.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,708.13 233.15M	-0.89% -1524.38
ALLSHR	103,327.38 615.91M	-0.87% -904.41
KSE30	50,795.48 99.17M	-0.95% -488.32
KMI30	244,351.06 82.49M	-1.00% -2474.47
KMIALLSHR	66,965.50 343.07M	-1.06% -718.14
BKTi	47,246.86 20.66M	-0.73% -349.06
OGTi	35,036.24 6.20M	-0.97% -344.65

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	83,190.00	84,635.00 82,850.00	-1305.00 -1.54%
BRENT CRUDE	105.43	106.50 101.83	2.35 2.28%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.75 5.48%
ROTTERDAM COAL MONTHLY	137.10	137.10 137.10	-0.15 -0.11%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	93.85	94.69 91.23	1.69 1.83%
SUGAR #11 WORLD	18.77	19.07 18.75	-0.03 -0.16%