Pakistan Iran Trade Deal Targets $10 Billion Boost
Pakistan and Iran have reaffirmed their strong diplomatic and economic ties by signing 12 significant agreements aimed at enhancing Pakistan Iran trade to a target of $10 billion annually. These agreements cover cooperation in energy, trade, infrastructure, and regional peace initiatives.
12 Agreements to Strengthen Bilateral Relations
During a high-level visit, leaders from both sides emphasized mutual respect, cultural ties, and the need for practical cooperation. The agreements aim to improve not just Pakistan Iran trade, but also collaboration on regional security and connectivity.
President Asif Ali Zardari praised Iran’s firm support on the Kashmir issue and condemned Israel’s unjustified aggression in the region. Prime Minister Shehbaz Sharif extended Pakistan’s backing of Iran’s peaceful nuclear program and stressed that both nations must stay united in the fight against terrorism.
Business Forum and FTA Talks
A major highlight of the visit was a Pakistan-Iran Business Forum, where representatives from both countries discussed a potential Free Trade Agreement (FTA). The goal is to speed up efforts to enhance Pakistan Iran trade through streamlined trade routes, joint ventures, and better customs cooperation.
Iranian President Masoud Pezeshkian expressed appreciation for Pakistan’s support and quoted Allama Iqbal, reflecting the shared cultural and spiritual roots between the two nations. He called for unity among Muslim countries in the face of regional and global challenges.
Joint Efforts for Regional Peace
The two leaders agreed that strong economic ties must go hand in hand with peace and stability in the region. They committed to regular diplomatic engagement and peaceful dispute resolution through dialogue.
Both countries acknowledged their shared sacrifices in the war against terrorism and reiterated the need to root out extremism for long-term peace.
Why This Trade Deal Matters
The new chapter in Pakistan Iran trade is expected to open job opportunities, attract investment, and improve people-to-people connections. With both sides committed to long-term economic and diplomatic cooperation, this partnership has the potential to become a key pillar for regional progress.
Historical Context: Pakistan-Iran Relations
Pakistan and Iran share a long history of cultural, religious, and trade ties. Over the decades, both nations have faced internal and regional challenges but have often stood together in support of shared values. From the ECO (Economic Cooperation Organization) to joint border initiatives, the foundation for deeper Pakistan Iran trade already exists—and these new agreements are expected to accelerate that momentum.
As the world shifts towards multipolar alliances, regional cooperation like this becomes essential. The $10 billion goal is ambitious but realistic, considering the growing interest from both sides to overcome logistical and diplomatic hurdles.
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