ISLAMABAD / TEHRAN — Pakistan and Iran have agreed to raise their bilateral trade volume to $10 billion, marking a significant step toward strengthening economic ties between the two neighboring nations.
The target was announced following high-level meetings between officials from both sides, who pledged to expand cooperation in key sectors including energy, agriculture, industry, and cross-border connectivity.
Pakistani representatives highlighted the importance of increasing regional trade to reduce reliance on distant markets, while Iranian officials stressed that enhanced economic integration would benefit both economies and foster stability in the region.
The two countries also discussed plans to improve border infrastructure, open new trade routes, and facilitate banking mechanisms to ease transactions.
Analysts note that while the $10 billion target is ambitious, it reflects the growing desire in Islamabad and Tehran to unlock untapped potential in bilateral relations despite existing challenges.
