ISLAMABAD: Pakistan and Iran have signed the Pak-Iran Barter Trade agreement during the session of the 9th Joint Trade Committee (JTC) in Tehran. According to the deal, the two countries will work to increase the bilateral trade volume by $5 billion by 2026.
Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood and Iran’s Minister for Industry, Mining and Trade, Syed Reza Fatimi Amin attended the session.
The agreement was signed by the President of Quetta Chamber of Commerce and Industries (QCCI), Fida Hussain Dashti and President of Zahedan Chamber of Commerce and Industry, Abdul Hakim Regi along with Abdul Razak Dawood and his Iranian counterpart.
Both countries have agreed to initiate discussions related to Free Trade Agreement (FTA) and other important issues that will help increase bilateral investment and trade opportunities.
