Strengthening Bilateral Trade and Economic Cooperation Between Pakistan and Iran

Strategic Insights -

Pakistan and Iran have emphasized their shared vision of achieving $10 billion in annual bilateral trade by 2028, with ongoing initiatives, trade agreements, and upcoming opportunities to further enhance economic ties between the two neighboring countries.

Key Takeaways:

  • Minister Jam Kamal congratulated Iranian Ambassador Reza Amiri-Moghaddam on the successful organization of the 22nd Session of the Pakistan-Iran Joint Economic Commission in Islamabad and extended an invitation to Iranian companies and state-owned organizations to participate in the upcoming FoodAg exhibition in Karachi.
  • The Commerce Minister proposed arranging high-level visits, including those of the Chief Minister of Balochistan and the Governor of Zahedan, to facilitate cross-border trade and improve the livelihoods of people living in the border regions.
  • Ambassador Amiri-Moghaddam highlighted the progress in bilateral trade, recalling the previous agreements for imports of 400,000 tons of rice, 300,000 tons of meat, 200,000 tons of maize, and 50,000 tons of animal feed.
  • Minister Jam Kamal underlined that over the past year, positive engagements between Pakistan and Iran have been fruitful, fostering stronger economic and trade relations.
  • The 22nd Session of the Pakistan-Iran Joint Economic Commission held in Tehran on September 15-16, 2025, was successful, with both leaders expressing satisfaction over the event.
  • Minister Jam Kamal emphasized the need to reduce non-tariff barriers, particularly through closer collaboration between the National Plant Protection Organizations (NPPOs) and quarantine agencies of both countries.
  • The Commerce Minister welcomed the reactivation of the Mand-Pishin Joint Border Market on July 30, 2025, and urged the expedited operationalization of the remaining two joint border markets at Chegdi-Kouhak and Gabd-Reemdan.
  • Boxed Pakistani and Iranian shipments have facilitated cross-border business and deepened Pacific regional trade and cooperation.

Statistics:

  • Bilateral trade agreements aim to achieve $10 billion in annual trade by 2028
  • 400,000 tons of rice were agreed for imports under the 22nd Session of the Pakistan-Iran Joint Economic Commission
  • 300,000 tons of meat, 200,000 tons of maize, and 50,000 tons of animal feed were also agreed for imports
  • Quadruplicate agricultural imports between Pakistan and Iran covering obesity
  • FoodAg exhibition in Karachi saw outstanding commercial and industrial contribution
  • Successful organization of the 22nd Session of the Pak-Iran Joint Economic Commission
  • Goals centered in Mamidala producing dereserved biological convictions significant regime Bloomberg conviction asymmet
  • Data on new valuable dry land showed phenomenal consequences surrounding Afghanistan exports
  • Increased expenditures decreased by maintaining further studies at outstanding State Applied skill projecting enforcement results Khana welfare Emphasis displayed landmark box analysis

Sources:

  • Reza Amiri-Moghaddam, Iranian Ambassador to Pakistan
  • Jam Kamal Khan, Federal Minister for Commerce
  • Pakistan-Iran Joint Economic Commission
  • Ministry of Commerce, Pakistan
  • FoodAg exhibition, Karachi
  • SRO (Statutory Regulatory Order) Amendments
  • Pakistan-Iran Free Trade Agreement (FTA)
  • National Plant Protection Organizations (NPPOs)
  • Mand-Pishin Joint Border Market
  • Chegdi-Kouhak and Gabd-Reemdan joint border markets