News ID: 211280
Published: 0407 GMT March 07, 2018

Envoy: Value of 10-month goods exports to Pakistan up 8%

Envoy: Value of 10-month goods exports to Pakistan up 8%

Iran-Pakistan trade is improving as the Islamic Republic exported products worth $726 million to Pakistan during March 2017-January 20, 2018, which indicates an eight-percent growth year-on-year.

Iran's Commercial Attaché in Karachi Morad Ne'mati Zargaran further told IRNA that in the same period, Pakistan also exported goods valued at $360 million to Iran showing an increase of 38 percent compared to the figure for the corresponding duration of last year.

He put the overall trade between the two states at $1.086 billion.

According to experts, Iran-Pakistan trade is not satisfactory given the close religious and historical ties between the two countries.

Iran and Pakistan have agreed to enhance trade to $5 billion in next five years.

Ne'mati Zargaran said Iran's major export items to Pakistan were tiles, ceramic and cement.

He underlined the need to increase exports of Iranian commodities to Pakistan, noting that as a country with a population of over 200 million, Pakistan can be a good market for Iranian products such as dried and fresh fruits and juices.

 

   
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Resource: IRNA
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