Iranian President Raisi Boosts Trade with Pakistan

Web DeskMay 2, 2024 01:25 PMbusiness
  • Iranian President Raisi aims to increase trade with Pakistan to $10 billion annually.
  • Iran and Pakistan emphasize peaceful cross-border trade for mutual prosperity.
  • Successful visit signals a new chapter in Iran-Pakistan bilateral relations.
Iranian President Raisi Boosts Trade with PakistanImage Credits: tribune.com.pk
Iranian President Ebrahim Raisi's visit to Pakistan strengthens bilateral ties, focusing on boosting trade and economic cooperation for mutual prosperity.

Iranian President His Highness Ebrahim Raisi recently concluded a significant three-day visit to Pakistan, marking a landmark development in the relations between the two neighboring countries. During the visit, President Raisi and Pakistani officials pledged to boost bilateral trade from the current $2 billion to $10 billion annually within the next five years.

Iran and Pakistan share a long history of close ties, rooted in shared religious and cultural connections. The leaders emphasized the importance of peaceful cross-border trade and economic cooperation to further strengthen these bonds.

The commitment to increase trade between Iran and Pakistan is a positive step towards enhancing economic collaboration and fostering mutual prosperity. Both countries stand to benefit from expanded trade relations, which can lead to job creation, economic growth, and improved living standards for their citizens.

The successful visit of Iranian President Ebrahim Raisi to Pakistan signals a new chapter in the bilateral relations between the two countries. By setting ambitious targets for trade growth and emphasizing the importance of historical and cultural ties, Iran and Pakistan are poised to deepen their cooperation and unlock new opportunities for mutual development.

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