Pakistan determined to boost Iranian economic ties

September 8, 2018

TEHRAN- Federal Minister for Finance, Revenue, and Economic Affairs of Pakistan Asad Umar announced his country’s firm decision to develop economic ties with Iran, IRNA reported on Saturday.

In his meeting with Iran’s Ambassador to Islamabad Mehdi Honardoost, the Pakistani minister called for removal of existing trade and commerce barriers and reinforcing mutual transactions and trade meetings as well.

Honardoost, for his part, underlined the necessity of tackling banking and customs barriers besides easing trade ties.

As reported earlier, Iran exported some $377 million worth of goods to Pakistan in the first four months of the current Iranian calendar year (March 21-July 22), a 66 percent rise from $277 million for the last year’s same period.

Pakistan was one of the 10 major export destinations for Iranian-made goods in the mentioned period, next to the countries such as Iraq, China, the United Arab Emirates, India, Afghanistan and South Korea.

HJ/MA

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