Islamabad, 13 July 2023(TDI): Iran’s Ambassador to Pakistan, Reza Amiri Moghadam, had a productive meeting with the President of the Islamabad Chamber of Commerce and Industry, Ahsan Zafar Bakhtawari, and his team.
This meeting was arranged earlier today at the Embassy of Iran and was aimed at strengthening business ties between Pakistan and Iran.
The changing world order and the global shift toward Asia were discussed, highlighting the increased potential development opportunities in the region.
Ambassador Moghadam also emphasized the need for enhanced trade and investment cooperation between the two countries, particularly in the private sector.
Both sides also agreed to advance connectivity between both countries by improving transportation infrastructure and exploring new trade routes.
They also recognized the importance of promoting cultural exchanges and tourism to further strengthen bilateral relations.
The two countries already have a high trade volume of $392.08 million, and this meeting is supposed to play an important role in this regard.
Pakistan Iran Relations
Pakistan and Iran already share strong brotherly ties, which started right after Pakistan’s independence in 1947. Iran was the first country to recognize Pakistan as an independent state.
Over the years, the two countries have collaborated in various fields, such as defense, energy, and trade.
Pakistan has also permitted the barter trade with Iran on various items, including gas and petroleum products. Iran is facing Western sanctions, and this effort was made to override them.
Pakistan and Iran have also signed a new agreement, according to which the delayed project of the Iran-Pakistan gas pipeline will be completed by 2024.
Both countries have strong religious and ideological affinities, with the majority of their populations practicing Islam. This shared faith has further strengthened the bond between the people of both states.
Iran is also home to many sacred pilgrim sites for Muslims, so a notable number of Pakistanis visit Iran annually for religious purposes. This contributes to promoting sentimental linkage and better understanding between both states.