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KARACHI: A trade delegation from Iran’s Khorasan province visited the Korangi Association of Trade and Industry (KATI), where both sides agreed to strengthen industrial, trade, and investment ties, promote business-to-business linkages, and enhance bilateral trade between Pakistan and Iran.

The meeting was attended by Commercial Attaché of the Consulate of Islamic Republic of Iran Murad Nemati, Executive Director of Dispatching Trade Delegation Mohsen Fallah, members of the trade delegation from Iran’s Khorasan Razavi Province, KATI Vice President Muhammad Talha Ali, former KATI President Junaid Naqi, and other business leaders.

Addressing the gathering, KATI President Muhammad Ikram Rajput said that Pakistan and Iran enjoy significant untapped potential for expanding bilateral trade and emphasized the need for practical measures to unlock these opportunities.

He called for the facilitation of border trade, strengthening of banking channels, improvement of customs and logistics infrastructure, and greater participation of the private sector to ensure that the benefits of economic cooperation reach the people of both countries.

Rajput proposed the activation of joint business councils and industrial forums, the regularization of business-to-business (B2B) meetings, and the promotion of joint investments in key sectors including food processing, pharmaceuticals, textiles, energy, and infrastructure. He also stressed the importance of creating collaborative platforms for young entrepreneurs and startups to foster innovation and cross-border business partnerships.

Paying tribute to the Iranian nation, Rajput praised Iran’s diplomatic efforts aimed at reducing global tensions and promoting dialogue and peace.

He said the Iranian people had demonstrated unity, resilience, and steadfastness under challenging circumstances, presenting an example of dignity and determination to the world.

He also commended the efforts of the Prime Minister of Pakistan, Field Marshal Asim Munir, and other stakeholders for their contributions toward regional peace and stability.

Iranian Commercial Attaché Murad Nemati emphasized the need for a new era of economic integration between Pakistan and Iran.

He said the two brotherly countries should capitalize on their strategic geographic locations and transform their relationship into a long-term strategic economic partnership through joint ventures and enhanced economic cooperation.

Nemati noted that such collaboration would open new avenues for trade, investment, and prosperity not only for Pakistan and Iran but for the wider region. He thanked the Government of Pakistan and the Pakistani people for their support and solidarity with Iran during difficult times, adding that recent developments had further strengthened the deep-rooted brotherly relations and mutual trust between the two neighbouring countries.

Copyright Business Recorder, 2026

Comments

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Farook Janjua Jun 23, 2026 06:56pm
Yes, opportunity exist but the execution is on the test.
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