Time to turn Pakistan-Iran brotherhood into Economic partnership, says Ishaq Dar

Islamabad: Pakistan and Iran have finalized three significant trade agreements, marking a new chapter in economic cooperation between the two neighboring countries. Vice Prime Minister Ishaq Dar shared this development during his address at the Pakistan-Iran Business Forum held in Islamabad.

New Avenues Opening for Bilateral Trade:

Dar emphasized that new avenues are opening up to expand trade between the two countries. He urged businesses and governments on both sides to take full advantage of available trade opportunities, calling it the need of the hour.

Removing Trade Barriers is a Priority:

He stated that removing obstacles to trade is the top priority, and both governments are determined to create a more seamless and open trading environment.

Dar also noted that Pakistan and Iran are ready to unlock new doors of investment and enhance economic ties built on long-standing religious and cultural bonds.

10 Billion Trade Target Set:

Ishaq Dar confirmed that both countries have agreed to boost bilateral trade to $10 billion annually, a goal that will require focused collaboration, facilitation, and policy support.

Shared Vision on Regional Platforms:

He also highlighted that Pakistan and Iran share common stances on key regional issues and have historically supported each other on international forums.

Investor-Friendly Environment in Pakistan:

The Vice Prime Minister assured that Pakistan is offering a supportive environment for investors, with all necessary facilities in place. He expressed confidence in the country’s economic outlook, saying Pakistan’s key financial indicators are moving in the right direction.

Dar concluded by stating that the government is committed to creating attractive investment opportunities and turning brotherly relations into a strong economic partnership.

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