AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

LAHORE: The Consul General of Iran, Mohammad Reza Nazeri, presided the first session of Pakistan-Iran business facilitation recently. The session was attended by the business community of Punjab from various sectors.

Speaking on the occasion Mohammad Reza Nazeri said, there is a need to further enhance B2B relations between Pakistan and Iran which in terms will uplift the socio-economic situation of the region. He also said Iran is a beneficiary of CPEC and have always offered its support to Pakistan Government to enhance cooperation. Pakistan can import cheap electricity and gas from Iran decreasing its cost of doing business. He invited the business community to explore the potential of transit trade to Central Asia and Russia. He offered all necessary support to establish joint Ventures, setup business and excess to free zones in Iran.

Convener LCCI Standing Committee on ECO, Aqib Asif suggested that Government of Pakistan should seriously consider the initiation of Iran-Pakistan Gas Pipeline to curtail the on-going gas crisis faced by the industry and resolve the situation for good. He hailed the relations Pakistan enjoys with Iran and stated, the new government in Iran envisions to further strengthen relations with its neighbors and Pakistan should look into this for maximum benefits. He thanked for initiating this forum and hoped further sessions of Pak-Iran business relations to be conducted to improve B2B engagement and address the concerns of business community working with Iran.

Chairman Pak-Iran Trade relations at FPCCI, Najam Jawa stressed the need to increase exports to Iran and added that both governments should take strict actions to control border smuggling. He said banking channels are vital to increase the trade volume between both countries.

Copyright Business Recorder, 2021

Comments

Comments are closed.