Pakistan and Iran have signed a Memorandum of Understanding for promoting trade between the two countries.
The MoU was signed between Trade Development Authority of Pakistan and Iran Trade Promotion Organization in Karachi on Monday.
Sindh Chief Minister Syed Murad Ali Shah and Council General of Iran Hasan Noreen were also present on the occasion.   Â
Earlier, Pakistan and Iran signed a 32-point memorandum of understanding (MoU) for promotion of bilateral trade between the two countries. It is learnt that the MoU was signed at the ninth meeting of Iran-Pakistan Joint Trade Committee held in Zahedan (Iran).
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Both sides have agreed to take measures to expand the annual trade exchanges by the year 2023. As a result of the MoU, Pak-Iran trade relations and barter trade would flourish and continue without hurdles.
Pakistani delegation was led by Muhammad Sadiq, Chief Collector Customs (Balochistan) and Iranian side was headed by General Manager of Industry, Mine and Trade Organisation, Iran. Both the senior officials signed the MoU on behalf of the respective countries.
President Chamber of Commerce & Industry Quetta Fida Hussain Dashti and Senior Vice President Haji Ayyub and Vice President Amjad Ali Siddiqui and other senior officials of the QCCI were also present.
