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Pakistan Eyes Strengthening Trade Ties with Iran

  • July, 25, 2023 - 16:22
  • Economy news
Pakistan Eyes Strengthening Trade Ties with Iran

TEHRAN (Tasnim) – Iran’s envoy to Islamabad and Pakistan’s Minister of Finance Muhammad Is’haq Dar held a telephone conversation to explore avenues for broadening bilateral ties and issues of mutual interests.

Economy

During the phone talk, the two sides exchanged their views on strengthening bilateral trade and economic ties through the activation of border markets, which have recently been inaugurated, as well as inauguration of three other border marketplaces between the two countries.

Also, it was agreed that the governors of the central banks of the two countries will meet in Pakistan to settle problems pertinent to the banking cooperation.

It is said that Pakistan’s Ministry of Commerce intends to ditch the dollar in trade exchanges with Iran.

Pakistan’s Ministry of Commerce has announced that Islamabad has issued a special order for bartering trade exchanges with Iran, Afghanistan and Russia for some specific goods including oil and natural gas.

Earlier, Pakistan’s Minister of Oil Musadik Malik said his country has paid for a shipment of Russian crude oil in China ‘yuan’.

 
R1651/P
Read more
Pakistan Can Benefit from Iran’s Huge Energy Resources
Iran, Pakistan to Begin Free Trade Talks in September
Iran, Pakistan Emphasize Strengthening Trade-Economic Ties
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