Iran and Pakistan Aim to Boost Trade to $10 Billion
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Iranian Minister of Industry Mohammad Atabak led a high-level delegation to Pakistan to explore expanding economic cooperation and raising bilateral trade to $10 billion. The visit, held on August 4-5, 2026, focused on completing the Iran-Pakistan Free Trade Agreement, easing transit obstacles, and boosting joint industrial production, particularly in textiles. Both countries aim to increase trade from the current level of around $3 billion to $10 billion, with a preferential trade agreement currently in place.
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