Ambassador Mudassir Tipu stated he would share challenges and alternatives with Quetta Chamber of Commerce and Industry in the direction of increasing bilateral commerce.
View of the Taftan border between Iran and Pakistan. — AFP/File
Pakistan’s Ambassador to Iran Muhammad Mudasir Tipu on Monday mentioned the challenges and alternatives for enhancing bilateral commerce between Tehran and Islamabad.
”[I] We held an ideal Zoom assembly with Quetta Chamber and unlocked nice potential. [Pakistan-Iran] Deal,” he wrote on his official X deal with.
The envoy stated they mentioned challenges and alternatives for increasing bilateral commerce between the 2 nations.
“Our enterprise neighborhood has an ideal entrepreneurial spirit and we are going to totally help our bilateral financial progress,” he added.
Despite latest tensions, Pakistan’s imports from Iran have elevated considerably.
In January, Pakistan’s imports from Iran elevated on an annual and month-to-month foundation. According to the information, imports from Iran in January elevated by 25% in comparison with the earlier 12 months.
Imports from Iran elevated by 17% from July to January this 12 months. The worth of imports from Iran in January 2024 was $10.42 million. Imports from Iran in December 2023 have been $89.2 million.
The worth of imports from Iran in January 2023 was $83.2 million, and from July to January this 12 months it was $591.4 million. The worth of imports from Iran from July to January final 12 months was $505 million.
Pakistan and Iran not too long ago formulated a five-year plan to reinforce commerce cooperation. The two nations had agreed to extend bilateral commerce to $5 billion by 2028.