25 Apr 2024
Wednesday 3 April 2013 - 14:21
Story Code : 23531

Iran, Pakistan enjoy potential to expand trade ties: Official

Iran, Pakistan enjoy potential to expand trade ties: Official
A senior Iranian trade official says Iran and Pakistan enjoy abundant potential for increasing the volume of their trade transactions, and called for the promotion of economic exchanges between Tehran and Islamabad.
Deputy head of the Trade Promotion Organization of Iran (TPOI) for Marketing Affairs, Reza Tofiqi Zavareh, said on Monday that Chabahar free trade zone in southeastern Iran -- given its strategic and geo-political significance -- can have a great influence on the expansion of trade between Iran and regional countries.

He also pointed to the recent negotiations between Iranian and Pakistani business officials, and noted that Sistan-Baluchestan province has a major role in the development of trade exchanges between the two countries.

Iran and Pakistan exchange business delegations on a regular basis and the two neighboring countries are keen to further develop trade ties.

On March 11, Iranian President Mahmoud Ahmadinejad and his Pakistani counterpart Asif Ali Zardari officially inaugurated the final construction phase of the multi-billion-dollar Iran-Pakistan gas pipeline project.

The two leaders said the project would promote peace, security and progress in the region.

The Iranian and Pakistani presidents also underlined the need for tapping into all of the existing capacities between Iran and Pakistan to promote the progress and welfare of the two countries.

By Press TV

 

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