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Pak, Iran to increase bilateral trade to $8 billion annually

Business Standard

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August 04, 2025

Pakistan and Iran agreed on Sunday to increase bilateral trade to $8 billion annually, taking advantage of their geography and the "discount of distance," as trade ministers from the two countries held discussions to deepen economic and political ties.

- SAJJAD HUSSAIN

The agreement was reached during a meeting between Commerce Minister Jam Kamal Khan and Iranian Minister for Industry, Mines and Trade Mohammad Atabak on the sidelines of Iranian President Masoud Pezeshkian's two-day state visit to Pakistan.

Pezeshkian landed in Lahore on Saturday afternoon and then flew to the capital in the evening.

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