ISLAMABAD: Pakistan’s Commerce Minister Jam Kamal Khan on Tuesday highlighted several initiatives to enhance bilateral trade with Iran such as removing impediments in customs, tariffs and removing banking hurdles, the commerce ministry said in a statement.
Khan arrived in Tehran on a three-day visit to the country on Sunday. The Pakistani minister is attending the 22nd meeting of the Pakistan-Iran Joint Economic Commission (JEC), amid efforts by both countries to forge closer economic, trade and investment relations through border markets and trade links.
Pakistan and Iran, which have remained at odds over instability along their shared border, plan to increase their bilateral trade to $10 billion from the existing figure of around $3 billion. Speaking at the Pak-Iran Business Forum 2025 to business leaders, officials and diplomats from both countries, Khan said the two countries’ bilateral economic partnership should be as deep as their religious, cultural and historical bonds.
“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,” the ministry said.
