If sanctions are lifted on Iran, Pakistan would be one of early beneficiaries in bilateral trade and economic cooperation: Khwaja Zarar Kaleem

If sanctions are lifted on Iran, Pakistan would be one of early beneficiaries in bilateral trade and economic cooperation: Khwaja Zarar Kaleem


Karachi, August 12, 2015 (PPI-OT):Pakistan and Iran has traditional, cordial, and deep-rooted relation but despite enormous trade potential the bilateral trade statistics do not reflect the true picture. The volume of trade must increase to their mutual benefit. This was stated by Khwaja Zarar Kaleem, Acting President FPCCI in a meeting with Iranian Commercial Counsellor who visited FPCCI to meet him and the other office bearers and members of FPCCI.

The meeting was also attended by Muhammad Ikram Rajput, Vice President and Incharge Sindh Region of FPCCI, Shahnawaz Ishtiaq, Vice President FPCCI, Waheed Shah, Naheed Masood and others. Khwaja Zarar Kaleem and the Iranian Commercial Counsellor exchanged views on the enhancing the bilateral trade and economic relations between Pakistan and Iran. They also discussed the possibility of holding trade exhibitions and exchange of delegations.

The Commercial Counsellor of Iran invited Pakistani trade delegation and assured full support. He said that FPCCI can also hold its own single country exhibition in Zahidan or any city of Iran or it can organize Pakistan’s participation in regular exhibition held in different cities in Iran.

The Acting President FPCCI appreciated the sentiments of Iranian Commercial Counsellor and said that the most integral and essential part of enhancement of bilateral trade between the two countries is frequent exchange of trade delegations and trade exhibitions. Khwaja Zarar said that FPCCI is planning to organize Single Country Exhibition in Tehran in the month of October and reciprocally Iran can also organize exhibition in Pakistan with collaboration of FPCCI.

Khwaja said that once sanctions on Iranian imports are lifted, trade with their neighbour will significantly improve, with crude oil, petrol and diesel expected to be some of the hot commodities. He further said that Pakistan is an agricultural country and its agro- based products need cooperation in technology from Iran. Iran should enhance import of rice from Pakistan and facilitate the Pakistani rice growers and exporters, he added.

He further said that there is a great scope for cooperation in SMEs and mega projects like oil and gas exploration activities, hydel and coal based energy project. He further said that if sanctions are lifted Pakistan would be one of the early beneficiaries. The Iranian Commercial Counsellor assured full support and cooperation in organizing Pakistan’s Single Country exhibition in Tehran.

For more information, contact:
M. A. Lodhi
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Karachi-75600, Pakistan
Tel: +92-21-35873691, 93-94
Fax: +92-21-35874332
Email: info@fpcci.com.pk
URL: www.fpcci.com.pk