{"id":52262,"date":"2025-09-16T19:04:25","date_gmt":"2025-09-16T19:04:25","guid":{"rendered":"https:\/\/pakistanintheworld.pk\/live\/?p=52262"},"modified":"2025-09-16T19:04:25","modified_gmt":"2025-09-16T19:04:25","slug":"new-chapter-of-shared-prosperity-of-pakistan-iran-bilateral-trade-crossed-3-1-billion-moving-toward-10-billion-target","status":"publish","type":"post","link":"https:\/\/pakistanintheworld.pk\/live\/new-chapter-of-shared-prosperity-of-pakistan-iran-bilateral-trade-crossed-3-1-billion-moving-toward-10-billion-target\/","title":{"rendered":"&#8221; New Chapter of Shared Prosperity&#8221; of Pakistan &#038; Iran &#8211; Bilateral Trade Crossed $3.1 Billion &#8211; Moving toward $10 Billion Target"},"content":{"rendered":"<figure id=\"attachment_52265\" aria-describedby=\"caption-attachment-52265\" style=\"width: 700px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-52265\" src=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2025\/09\/67465-e1758049320857.jpg\" alt=\"\" width=\"700\" height=\"421\" \/><figcaption id=\"caption-attachment-52265\" class=\"wp-caption-text\">Tehran: Federal Minister for Commerce, Jam Kamal Khan and Iranian Minister for Roads and Urban Development, Farzaneh Sadeq, exchanging the notes after signing protocols in Pak-Iran 22nd JEC Meeting on September 16, 2025.<\/figcaption><\/figure>\n<p>TEHRAN : Pakistan\u2019s Federal Minister for Commerce, Jam Kamal Khan, called for a \u201cnew chapter of shared prosperity\u201d between Pakistan and Iran as he addressed the Pak\u2013Iran Business Forum 2025 on the sidelines of the 22nd session of the Pakistan\u2013Iran Joint Economic Commission (JEC) in Tehran.<\/p>\n<p>Speaking to a packed hall of Iranian and Pakistani business leaders, officials and diplomats, the Minister said the Business Forum \u2014 held for the first time at this scale in Tehran \u2014 marks \u201ca powerful testament to the unwavering commitment of our leadership and our nations to translate friendship into tangible economic outcomes.\u201d<\/p>\n<p>Khan thanked the Government of Iran, Ms. Farzaneh Sadegh, Minister for Road and Urban Development, and the Iranian Trade Promotion Organization for their \u201cgracious hospitality and impeccable arrangements,\u201d noting that \u201cour economic partnership must be as deep and enduring as the religious, cultural and historical bonds that have united our peoples for centuries.\u201d<\/p>\n<p><strong>The Minister outlined a series of ongoing and planned initiatives to transform bilateral trade, including:<\/strong><\/p>\n<p>\u2022 Seventeen new protocols under negotiation covering banking facilitation, logistics, shipping, aviation, free zones, high-end manufacturing, agriculture, and investment promotion.<\/p>\n<p>\u2022 Operationalization of border markets and special economic zones such as the Manpashin joint market and Gavdar-e-Indan markets to boost livelihoods in border areas.<\/p>\n<p>\u2022 Enhanced investor outreach under Pakistan\u2019s new five-year economic transformation plan \u201cURAN Pakistan,\u201d designed to expand foreign direct investment in energy, minerals, agriculture and manufacturing.<\/p>\n<p>\u2022 Close technical coordination between Pakistani and Iranian teams to resolve long-standing impediments in customs, tariffs, and regulatory processes.<\/p>\n<p>He stressed that the Government of Pakistan, under Prime Minister Shehbaz Sharif, has placed \u201cthe highest strategic priority\u201d on expanding trade and connectivity with Iran, backed by ongoing economic stabilization and reforms at home. \u201cOur industrial sector is improving, services and IT are rising, and foreign investment is looking to Pakistan,\u201d he noted.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"8Llt31r7ak\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/pakistani-civil-military-leaders-and-president-iran-meet-in-doha-sides-express-solidarity-with-qatar\/\">Pakistani Civil Military Leaders and President Iran Meet in Doha ! Sides Express Solidarity with Qatar<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Pakistani Civil Military Leaders and President Iran Meet in Doha ! Sides Express Solidarity with Qatar&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/pakistani-civil-military-leaders-and-president-iran-meet-in-doha-sides-express-solidarity-with-qatar\/embed\/#?secret=oU9q3rrDF2#?secret=8Llt31r7ak\" data-secret=\"8Llt31r7ak\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Khan also invited Iranian companies to participate in Pakistan\u2019s upcoming Agriculture Expo in November 2025, calling it \u201ca gateway to explore manufacturing hubs, meet counterparts and discover new markets.\u201d<\/p>\n<p>Looking ahead, he confirmed plans to hold the 23rd session of the Joint Economic Commission in Pakistan \u201cvery soon\u201d to ensure close follow-up on all agreements signed in Tehran. \u201cOur friendship is historic and blessed; now we must make our economic partnership legendary and prosperous,\u201d he said.<\/p>\n<p><strong>Ms. Farzaneh Sadegh, Minister for Road and Urban Development of Iran, in her remarks at the Forum:<\/strong><\/p>\n<p>\u2022 Offered heartfelt condolences to the people of Pakistan over the loss of precious lives in the recent floods.<\/p>\n<p>\u2022 Lauded the \u201cremarkable enhancement\u201d of bilateral trade in recent years, noting it had crossed USD 3.1 billion last year.<\/p>\n<p>\u2022 Expressed confidence that, under the vision of both leaderships, the two sides were moving steadily toward the USD 10 billion trade target.<\/p>\n<p>\u2022 Stressed leveraging each other\u2019s comparative advantages to strengthen supply chains and competitiveness.<\/p>\n<p>\u2022 Highlighted Iran\u2019s keen interest in joint investment projects in pharmaceuticals, engineered goods, ceramics and other high-value sectors.<\/p>\n<p>Ms. Sadegh underscored that Iran views the Pakistan\u2013Iran Business Forum as a practical platform for accelerating cooperation and generating concrete outcomes for both nations.<\/p>\n<p>The Minister concluded by underscoring the shared potential of the two neighbouring nations: \u201cWith our immense natural resources, brilliant people, common border and centuries-old corridor of trade, we are determined to overcome challenges and compete globally \u2014 together.\u201d<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"i2AOqPecAz\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-in-the-world-august-2025\/\">Pakistan in the World \u2013 August 2025<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Pakistan in the World \u2013 August 2025&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-in-the-world-august-2025\/embed\/#?secret=YTiW63iXW6#?secret=i2AOqPecAz\" data-secret=\"i2AOqPecAz\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TEHRAN : Pakistan\u2019s Federal Minister for Commerce, Jam Kamal Khan, called for a \u201cnew chapter of shared prosperity\u201d between Pakistan and Iran as he addressed the Pak\u2013Iran Business Forum 2025 on the sidelines of the 22nd session of the Pakistan\u2013Iran Joint Economic Commission (JEC) in Tehran. Speaking to a packed hall of Iranian and Pakistani [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":52265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1741,1850,966,143,197,251,1148,319,48],"_links":{"self":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/52262"}],"collection":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/comments?post=52262"}],"version-history":[{"count":3,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/52262\/revisions"}],"predecessor-version":[{"id":52267,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/52262\/revisions\/52267"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media\/52265"}],"wp:attachment":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media?parent=52262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/categories?post=52262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/tags?post=52262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}