Iran's TPO supports broadening of trade ties with Pakistan: Official

Tehran, Karafarinane Eghtesad – Head of the Trade Promotion Organization of Iran (TPO) said here on Sunday that his organization supports provision of ideal conditions for broadening Iran-Pakistan trade cooperation.

Ali-Reza Pakpeyman who was speaking at the opening session of Iran-Pakistan Trade Promotion Workshop said that the economic ties with Pakistan are of great significance for Iran.

He said that the trade balance with Pakistan is currently 6.1 billion dollars, which is very trivial, and added that keeping in mind Pakistan’s 70-billion-dollar market necessities intensive planning to increase that volume, and especially Iran’s share of it.

Pakpeyman said that last year Pakistan exported goods worth 22 billion dollars and imported 48 billion dollars of goods from Iran, Iran's share was merely 6.1 billion, which is quite unacceptable.

The TPO chief referred to the establishment of a number of Joint Iran-Pakistan Border Markets in collaboration between the Pakistani government and the Governorate of Sistan and Balouchestan Province, arguing that the Iranian and Pakistani economies are complementary of each other and increasing the bilateral trade volume is therefore of great importance.


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