Pak-Iran ties: Business community for promoting trade with Iran

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Pak-Iran ties: Business community for promoting trade with Iran

ISLAMABAD (APP): President of Multan Chamber of Commerce & Industry (MCCI) Fareed Mughis Sheikh urging upon the government to enhance trade with Iran has said that business community from Punjab was eager to promote trade with Iran in sectors like textile and agriculture.

In an interview with IRNA, he said that Pakistan can export textile, leather products, rice and agro products, surgical instruments to Iran.

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He said the Pakistan can also import many necessary items from Iran for the purpose of enhancing bilateral trade.

He said the present level of economic relations can be improved as the volume of trade is only $830 million currently.

Fareed Mughis said that with sharing capacity of both the countries is comparatively low and higher trading figures can be achieved through mutual cooperation.

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He stressed the need for sending delegations particularly from South Punjab to Iran to introduce the local product.

Farid Sheikh further said that Pakistan needs to implement Pak-Iran gas pipeline project as early as possible.