US EditionPakistan and Iran Aim to Triple Trade to $10 Billion
PAKISTAN, AUG 2 – Iran and Pakistan signed 12 agreements during high-level talks to expand cooperation in trade, energy, agriculture, and technology aiming to raise annual trade from $2.8 billion to $10 billion.
- On August 3, 2025, Pakistani Prime Minister Shehbaz Sharif and Iranian President Masoud Pezeshkian met in Islamabad and signed 12 agreements to expand cooperation across multiple sectors.
- This high-level meeting followed escalating tensions after coordinated Israeli and US airstrikes targeted Iranian nuclear facilities in June, which Iran condemned by suspending cooperation with the IAEA.
- The agreements encompassed collaboration in sectors including trade, farming, technological innovation, media and communication, the arts, travel, environmental initiatives, and safety at sea, with the mutual objective of reducing border delays and enhancing bilateral trade routes.
- Sharif affirmed Pakistan’s support for Iran’s pursuit of nuclear energy for peaceful purposes and highlighted the goal of reaching $10 billion in annual trade, expressing optimism that the existing memoranda of understanding would soon be formalized into binding agreements.
- The event signals Pakistan and Iran's commitment to deepen strategic ties, enhance regional trade, and jointly combat terrorism along their shared border amid a complex geopolitical landscape.
21 Articles
21 Articles
Pakistan, Iran agree to increase bilateral trade volume to USD 10 bn annually
Islamabad: 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. 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 str…
Pakistan and Iran Aim to Triple Trade to $10 Billion
Pakistan and Iran Aim to Triple Trade to $10 Billion Pakistan and Iran have reached a significant agreement to boost their bilateral trade volume to USD 10 billion from the current USD 3 billion. This ambitious target was set during talks between Pakistan's Prime Minister Shehbaz Sharif and Iranian President Masoud Pezeshkian on Sunday.The agreement was one of 12 MoUs signed between the two nations, signaling a new chapter of cooperation in fiel…
Pakistan, Iran to strengthen border trade, economic cooperation: Jam Kamal
Minister announces reopening of Mand-Pishin border market on July 30, saying Chaghi-Kuhak and Gabd-Rimdan border markets would soon be made operational ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan on Sunday announced the reactivation of key border markets with Iran, reaffirmed the government’s commitment to enhancing bilateral trade. Speaking at the Pakistan-Iran Business Forum held on Sunday, Khan highlighted the reopening of the Man…
Pakistan backs Iran’s right to peaceful nuclear energy as PM Sharif and Pezeshkian sign 12 cooperation deals
Pakistan on Sunday supported Iran's right to develop nuclear capability for peaceful purposes, as the two sides signed several agreements to expand cooperation in multiple fields.
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