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Trade between the two countries is expected to grow in the coming years.
  • Iranian President Ebrahim Raisi has repeatedly underlined the importance of trade development with neighbors.
  • Iran's foreign trade reached $72.1 billion during the first nine months of the Iranian calendar year.

The Secretary-General of Iran-Pakistan Joint Chamber of Commerce Fahimeh Damroudi said that barter is the best choice of exchange as the proper way of financial exchange does not exist.

Reportedly, Iranian President Ebrahim Raisi has repeatedly underlined the importance of trade development with neighbors.

As the president stressed, boost in trade with neighbors is a solution for easing the sanctions and reaching the long-term economic goals.

To follow the goals practically, the government signed a trade agreement with Pakistan late in 2021.

The local reports said that the Iran-Pakistan agreement focuses on increasing trade in the next two years.

Also, agreement on removing trade obstacles and preparing the ground for free trade development within the next three months is among the important plans of the Iranian government.

According to the latest report of Iran Customs Administration, the value of country’s foreign trade has been $72.1 billion during the first nine months of the Iranian calendar year