By Abdul Kerimkhanov The nature of Iranian-Pakistani relations is strategic and there are many prerequisites for more extensive cooperation between the two states. The Iranian Embassy reported that Iran’s exports to Pakistan increased by about 38 percent in the 11 months of the past 1,397 Iranian year, which ended March 20, 2019. According to the Iranian embassy in Islamabad, trade between Iran and Pakistan has increased significantly, Iran Daily reports. During 1397 year, Iran exported products worth $ 1,128 billion to Pakistan. The mass of exported goods increased by 28 percent and amounted to 2,489 tons. According to the latest figures, Pakistan ranks eighth in popularity in Iranian exports, while China is in first place, Iraq is in second place and the United Arab Emirates is in third. Despite banking problems and customs issues, trade between Iran and Pakistan is growing but is still below its capabilities. The leaders of Iran and Pakistan have already agreed to increase bilateral trade to $ 5 billion in the next five years. Iran is an economically developed country in South-West Asia and is the largest economy in the region, second only to China, Japan, India, Turkey, Indonesia and South Korea in Asia in terms… Read full this story
- Opec in the dark on oil supply as Russia_ Iran cut exports
- Ranchers see exports surge amid pig loss
- Russia is the real winner in any US-Iran conflict
- OPEC set for oil cut extension if Iran endorses pact
- Why would Iran attack tankers in the Gulf of Oman?
- The Real Reason Iran Has Been Provoking Trump
- Saudis say they will defend themselves, as Trump warns Iran
- US holds all the cards in showdown with Iran
- 4 assailants, 1 guard killed in hotel attack in SW Pakistan
- Iran Crisis or ‘Circus’? A Weary Middle East Wonders
Iran sees exports growth to Pakistan by 38 pct have 280 words, post on www.azernews.az at April 2, 2019. This is cached page on CuBird. If you want remove this page, please contact us.