Pakistan and Iran agree to Boost Bilateral Trade to $10 Billion
Pakistan and Iran have signed a Memorandum of Understanding (MoU) to enhance bilateral trade, setting a target of $10 billion.
Pakistan and Iran have signed a Memorandum of Understanding (MoU) to enhance bilateral trade, setting a target of $10 billion. This agreement aims to strengthen economic cooperation between the two nations, building on the $2.8 billion trade recorded in the previous fiscal year. As part of the deal, Iran has committed to reducing business visa fees for Pakistani traders and facilitating smoother trade activities. This initiative follows diplomatic efforts to address border tensions and is expected to contribute to Pakistan's economic recovery under the IMF program.
