Islamabad : Iran and Pakistan have great scope to enhance mutual trade relations and should consider setting up digital markets to boost bilateral trade up to the potential of both countries.
This was stated by Syed Mohammad Ali Hosseini, ambassador of Iran while interacting with the business community during his visit to Islamabad Chamber of Commerce and Industry (ICCI) along with Qadyanlo, commercial attaché and Beheshti Secretary, said a press release issued here.
Hosseini said that Iran-Pakistan bilateral trade was around $1.5 billion before Covid-19, which has now come down to less than $1 billion.
He said that foreign sanctions on Iran were a problem for trade promotion, therefore, establishment of Pak-Iran digital markets and joint border markets could be the better options to improve two-way trade volume.
Hosseini said that Iran and Pakistan have agreed to set up 3 border crossing points that would help increase bilateral trade.
However, he said that facilitation and…