Pak Iran trade talks in Tehran on September 15, 2025 (Irna)
TEHRAN 16 Sept 2025: Pakistan and Iran are continuing with their efforts to
enhance their mutual trade by taking it to set target of 10 billion dollars a
year. The trade last year crossed 3.1 billion dollars last year.
This was said at the Pak–Iran Business Forum 2025 on the
sidelines of the 22nd session of the Pakistan–Iran Joint Economic Commission
(JEC) in Tehran.
Speaking to a packed hall of Iranian and Pakistani business
leaders, officials and diplomats, Pakistan’s Federal Minister for Commerce, Jam
Kamal Khan, called for a “new chapter of shared prosperity” between the two
countries.
He said the Business Forum — held for the first time at this
scale in Tehran — marks “a powerful testament to the unwavering commitment of
our leadership and our nations to translate friendship into tangible economic
outcomes.”
Khan thanked the Iranian government, Ms. Farzaneh Sadegh,
Minister for Road and Urban Development, and the Iranian Trade Promotion
Organization for their “gracious hospitality and impeccable arrangements,”
noting that “our economic partnership must be as deep and enduring as the
religious, cultural and historical bonds that have united our peoples for
centuries.”
The minister outlined a series of ongoing and planned
initiatives to transform bilateral trade, including:
• Seventeen new protocols under negotiation covering banking
facilitation, logistics, shipping, aviation, free zones, high-end
manufacturing, agriculture, and investment promotion.
• Operationalization of border markets and special economic
zones such as the Manpashin joint market and Gavdar-e-Indan markets to boost
livelihoods in border areas.
• Enhanced investor outreach under Pakistan’s new five-year
economic transformation plan “URAN Pakistan,” designed to expand foreign direct
investment in energy, minerals, agriculture and manufacturing.
• Close technical coordination between Pakistani and Iranian
teams to resolve long-standing impediments in customs, tariffs, and regulatory
processes.
He stressed that the Shehbaz Sharif government has placed
“the highest strategic priority” on expanding trade and connectivity with Iran,
backed by ongoing economic stabilization and reforms at home.
“Our industrial sector is improving, services and IT are
rising, and foreign investment is looking to Pakistan,” he noted.
Kamal Khan also invited Iranian companies to participate in
Pakistan’s upcoming Agriculture Expo in November 2025, calling it “a gateway to
explore manufacturing hubs, meet counterparts and discover new markets.”
Looking ahead, he confirmed plans to hold the 23rd session of the Joint Economic Commission in Pakistan “very soon” to ensure close follow-up on all agreements signed in Tehran.
“Our friendship is historic and blessed; now we must make our economic partnership legendary and prosperous,” he said.
Ms. Farzaneh Sadegh, Minister for Road and Urban Development
of Iran, in her remarks at the Forum offered condolences to the people of
Pakistan over the loss of precious lives in the recent floods.
She stressed leveraging each other’s comparative advantages
to strengthen supply chains and competitiveness. She also highlighted Iran’s
keen interest in joint investment projects in pharmaceuticals, engineered
goods, ceramics and other high-value sectors.
Ms. Sadegh underscored that Iran views the Pakistan–Iran
Business Forum as a practical platform for accelerating cooperation and
generating concrete outcomes for both nations.
The Minister concluded by underscoring the shared potential
of the two neighbouring nations: “With our immense natural resources, brilliant
people, common border and centuries-old corridor of trade, we are determined to
overcome challenges and compete globally — together.”
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