Aug 30, 2015, 11:35 AM
News Code: 81740298
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Pakistan has five-year plan to enhance trade with Iran: Pak official

Islamabad, Aug 30, IRNA – Pakistani Additional Secretary of Commerce Ministry (deputy minister) said that the country has prepared a five-year plan to enhance trade with Iran.

In an interview with IRNA on Sunday, Robina Ather said, 'Pakistan is interested to strengthen trade with Iran in a concrete way and soon a Pakistani technical delegation will visit Iran to discuss ways to enhance bilateral trade in agriculture sector.
“We have prepared a five-year plan to enhance trade with Iran and during last week meeting with technical delegation from Iran, we presented them a draft of the plan,” he said.
She said that in two months, the Iranian side is supposed to give its input on the draft prepared by the commerce ministry of Pakistan.
“We expect and hope that after the input by the Iranian side, an agreement would be reached between the two countries and we will get it signed at the higher level,” said the official.
She said that despite Preferential Trade Agreement (PTA) between the two neighboring countries, there are some issues which are affecting Iran and Pakistan.
“These issues also came under discussion, we have also conveyed our concerns that sometimes there is a ban on Pakistani products by Iran and sometimes there is a change in tariff for Pakistani products,” said Robina Ather.
“We discussed deepening and broadening of the PTA and both sides also agreed to develop border infrastructure for speedy trade activities,” the official said.
Robian Athar went on to say that both countries discussed how to enhance bilateral trade in agriculture sector.
“I think soon a technical delegation from Pakistan will visit Iran to explore ways to increase trade with Iran in agriculture sector,” she said.
She said that Iranians have invited Pakistani investors to invest in textile sector as the sanctions on Iran are going to be lifted. “Iranians want us to have joint venture in textile sector,” Robina Athar said.