Trade with Iran will rise to $5bn in four years: Durrani

Author: APP

ISLAMABAD: Pakistani Ambassador to Iran Asif Ali Khan Durrani has said that the trade volume with Iran will rise to $5billion in four years.

The ambassador, in an interview with IRNA, described Iran as a brother for Pakistan, saying the two countries kept offering support to each other and enjoyed very strong friendly relations. On Iran’s nuclear agreement with the 5+1, he said the deal had opened up many avenues for tackling problems. The deal, he said, resulted in lowering of sanctions against Iran.

He said a number of problems between the two countries like in banking areas had started to disappear due to the agreement. Referring to the visit of the Iranian President Hassan Rouhani to Pakistan this year, he noted that agreements in areas like electricity export, insurance, chambers of commerce, strategic commerce planning, media, medicine, healthcare and tourism were signed between the two countries.

Share
Leave a Comment

Recent Posts

  • Business

Bears Dominate PSX as KSE-100 Plummets by Over 1,500 Points

  The Pakistan Stock Exchange (PSX) experienced intense selling pressure in early trading on Wednesday,…

1 hour ago
  • World

Nightclub roof collapse in Dominican Republic kills 27, including governor

At least 27 people are dead, including a governor and a saxophonist, after the roof…

4 hours ago
  • Pakistan

Pakistan Minerals Investment Forum kicks off: Pakistan invites investment in $6 trillion mineral sector

Prime Minister Shehbaz Sharif on Tuesday invited Saudi Arabia, China, the EU, United States and…

5 hours ago
  • Pakistan
  • World

Pakistanis can now avail 5-year visas as issues resolved, UAE envoy says

Pakistanis can now avail a five-year visa after the resolution of existing issues, Ambassador of…

5 hours ago
  • Pakistan

SC orders trial courts to decide May 9 cases in four months

The Supreme Court on Tuesday ordered ATCs hearing cases of suspects allegedly involved in last…

5 hours ago
  • Pakistan
  • World

US ends semester exchange program for Pakistani students after 15 years

The United States (US) Department of State has discontinued its Global Undergraduate (Global UGRAD) exchange…

5 hours ago