ISLAMABAD:
Pakistan should consider setting up digital markets with Iran to boost trade volume between the two countries, said Iranian Ambassador Mohammad Ali Hosseini.
Interacting with the business community on Tuesday, the envoy emphasised that the establishment of digital and joint border markets could be an excellent option to improve the bilateral trade volume.
He recalled that Pakistan had earlier agreed to create three border crossing points in a bid to enhance two-way trade.
Terming international sanctions on Iran a problem in the way of trade promotion, the envoy lamented that trade between the two sides had dropped from around $1.5 billion to below $1 billion due to the Covid-19 pandemic.
He underscored the need for strengthening cooperation between private sectors of the two countries and pointed out that the lack of connectivity was hampering the trade volume.
“Through the TIR convention, Pakistan can export to Russia and other regional countries via Iran,”…