Times of Islamabad

Pakistan makes an offer to Iran on the joint economic front

Pakistan makes an offer to Iran on the joint economic front

TEHRAN, Nov. 07 (MNA) – Pakistan’s Sarhad Chamber of Commerce and Industry(SCCI) President Maqsood Anwar Pervaiz has suggested setting upPakistan-Iran Joint Chamber of Commerce to boost trade and business ties.

He made the remarks in his meeting with Iranian Consul General MohammadBagherbeyghi on Thu. and called for establishing a joint chamber ofcommerce between Iran and Pakistan in Pakistan’s Khyber Pakhtunkhwaprovince.

The two countries of Iran and Pakistan should adjust their policies andrevise in tariff rates, he said, adding, “Tehran and Islamabad shouldstrive to remove possible barriers ahead of bilateral trade and businessjointly.”

He put the trade volume exchange between Iran and Pakistan at below $1billion and added, “if nontariff barriers are removed, the two countries ofIran and Pakistan enjoy high capacities to boost their trade and businessexchanges.”

Then, he pointed to Pakistan’s Gwadar and Iran’s Chabahar ports that canplay a vital role in boosting bilateral trade and called on Iranian tradersand businesspersons to invest in Pakistan’s Khyber Pakhtunkhwa province invarious sectors.

He termed the gas pipeline project between Iran and Pakistan as a turningpoint in relations between the two countries which will create a new era ofindustrialization and economic prosperity in Pakistan.

For his part, Iran Consul General in Peshawar Mohammad Bagherbeyghi saidthat lack of banking channels between Iran and Pakistan is a great obstaclein strengthening bilateral trade and business ties.

The two countries enjoy high capacity to boost their trade exchange volumeby $5 billion, he emphasized.

He went on to say that Iran Joint Economic Commission is revising in tradetariffs with Pakistan.