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India-Pakistan | ||
Pakistan, Iran eye trade at $5 billion | ||
2015-04-24 | ||
[Dawn] Iran have agreed on a five-year trade facilitation plan to enhance bilateral trade to $5 billion.
An official statement issued here by the commerce ministry stated that Khurram expressed concern ...meaning the brow was mildly wrinkled, the eyebrows drawn slightly together, and a thoughtful expression assumed, not that anything was actually done or indeed that any thought was actually expended... over arbitrary and unilateral import bans, high textile tariffs and import authorisation system. He called for early elimination of all non-tariff barriers under the 2006 Preferential Trade Agreement. During the meeting, the current level of trade was reviewed and a decision was taken to develop a five-year trade facilitation plan to fulfill the shared vision of Prime Minister Nawaz Sharif ... served two non-consecutive terms as prime minister, heads the Pakistain Moslem League (Nawaz). Noted for his spectacular corruption, the 1998 Pak nuclear test, border war with India, and for being tossed by General Musharraf... and President Rouhani to increase bilateral trade from $1b to $5bn. Both the sides also agreed to form a working group to suggest widening of the 2006 Pakistain-Iran Preferential Trade Agreement. The two sides also reiterated the need for joint investment in agro-food processing and infrastructure, particularly in the field of establishing effective rail, air, road and sea links between the two countries, as well as opening new border trade posts at Mand-Pishin and Gabd-Reemdan. On Iran-Pakistain gas pipeline,
The Iranian minister assured that hurdles in the way of bilateral trade would be removed through effective measures. Earlier, Khurram Dastagir met Iranian Minister of Economy and Finance Dr Ali Tayyab Nia. | ||
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