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Pakistan, Iran agree to increase bilateral trade volume to USD 10 billion annually

The Daily Guardian

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August 04, 2025

Pakistan and Iran on Sunday agreed to enhance bilateral trade volume to USD 10 billion from the current USD 3 billion annually as they signed 12 agreements and MoUs after talks between Prime Minister Shehbaz Sharif and Iranian President Masoud Pezeshkian.

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Pakistan, Iran agree to increase bilateral trade volume to USD 10 billion annually

Prime Minister Sharif announced the new bilateral trade target while addressing a joint press meeting with President Pezeshkian after their talks during which they also agreed to strengthen cooperation to combat militancy along their shared border, according to the state-run Associated Press of Pakistan (APP).

The agreement to enhance bilateral trade volume to USD 10 billion was reached earlier in the morning during a meeting between Commerce Minister Jam Kamal Khan and Iranian Minister for Industry, Mines and Trade Mohammad Atabak.

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