Pakistan, Iran reaffirm $10bn trade target, push for early FTA

Pakistan and Iran have reaffirmed their commitment to raising bilateral trade to $10 billion, while agreeing to accelerate efforts to finalize a long-awaited Pakistan-Iran Free Trade Agreement (FTA).

The commitment came during the 10th meeting of the Pakistan-Iran Joint Trade Committee in Islamabad, where both countries also pledged to strengthen investment, connectivity, logistics, and private-sector cooperation.

The meeting was co-chaired by Federal Minister for Commerce Jam Kamal Khan and Iranian Minister for Industry, Mine and Trade Dr. Mohammad Atabak.

Senior officials from both countries reviewed the current state of bilateral trade and discussed practical measures to unlock the full economic potential of Pakistan-Iran relations.

Both countries reaffirm $10bn trade goal

During the meeting, Pakistan and Iran reiterated their commitment to increasing bilateral trade volume to $10 billion, underscoring their shared ambition to build a stronger and more sustainable economic partnership.

The two sides also reaffirmed their resolve to further enhance trade, investment, regional connectivity, and private-sector cooperation.