TABNAK, Nov, 04 : Iranian Foreign Ministry Spokesman Esmaeil Baghaei said Araqchi plans to meet with Pakistani senior officials to discuss issues of mutual interests as well as regional developments.
In recent years, Pakistan has found itself at the crossroads of major regional transformations, with a focus on fostering cooperation with neighboring countries. Among these, Pakistan-Iran defense cooperation has become increasingly significant, particularly as both nations face common security threats such as non-state actors, cyber terrorism, and the ever-evolving dynamics of West Asia.
Iranian Minister of Industry, Mining and Trade Mohammad Atabak visited Pakistan on October 18 and met with Pakistan’s Federal Minister for Commerce Jam Kamal Khan where the two sides discussed trade ties between the two countries, with both agreeing that economic exchanges should be promoted further.
The two ministers met on the sidelines of the 23rd meeting of the Council of Heads of Government of the Shanghai Cooperation Organization (SCO).
As announced by the Islamic Republic of Iran Customs Administration (IRICA), the value of non-oil trade between Iran and Pakistan rose 10 percent in the first five months of the current Iranian calendar year (March 20-August 21), as compared to the same period of time in the past year.
The two countries’ bilateral trade stood at 1.906 million tons worth $1.128 billion in the mentioned five-month times, indicating also two percent growth in weight, year on year.
Pakistan was the fourth top trade partner of Iran among the Islamic Republic’s neighbors in the first five months of the present year.