Print Print edition: 2025-11-26

Pakistan, Iran target $10bn trade milestone

Published November 26, 2025 Updated November 26, 2025 07:59am

ISLAMABAD: Pakistan and Iran on Tuesday reaffirmed their resolve to boost economic cooperation, setting an ambitious goal of expanding bilateral trade to $10 billion in the coming years. Secretary of Iran’s Supreme National Security Council, Dr Ali Ardeshir Larijani, and President Asif Ali Zardari reaffirmed their commitment to creating a clear roadmap for achieving the bilateral trade target of $10 billion during their meeting at Aiwan-e-Sadr.

Dr Larijani conveyed the best wishes and regards of the Supreme Leader, Ayatollah Ali Hosseini Khamenei, and the President, Masoud Pezeshkian, to President Zardari.

He thanked Pakistan for its diplomatic and moral support during the 12-day war earlier this year. He praised the valour and success of Pakistan armed forces in recent events and said Pakistan’s victory is our victory.

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He said that following the Iranian President’s visit to Pakistan, several directives had been issued to give preferential access to Pakistani products in Iran, creating a clear path toward achieving the bilateral trade target of 10 billion dollars.

Matters related to the regional and international situation as well as security and counterterrorism also came under discussion.

Zardari asked Dr Larijani to convey his regards to the Supreme Leader.

The President welcomed Dr Larijani and congratulated him on assuming charge of the Supreme National Security Council. He said that frequent exchanges between Islamabad and Tehran reflect positive momentum in bilateral ties and warmly recalled his meeting with the Iranian President in August.

He thanked the Iranian leadership for its solidarity with Pakistan after the recent floods, including the humanitarian assistance sent by the Iranian Red Crescent. Cooperation between neighbouring countries is essential and in the shared interest of both peoples, he added.

On the Iran-Pakistan Gas Pipeline, the President stressed the need for a mutually workable solution, noting Pakistan’s growing energy needs. He welcomed the recent technical discussions in Islamabad and said Pakistan looks forward to continuing talks in Tehran.

While talking to him, the President said Pakistan and Iran enjoy a longstanding relationship rooted in history, faith and culture. He thanked Iran for its consistent support during the war with India and reiterated Pakistan’s political and diplomatic backing for Iran in the wake of Israeli aggression.

He praised the resilience of the Iranian people during the recent war and commended the leadership shown by the Supreme Leader. He also expressed appreciation for Iran’s principled support for the people of Illegally Indian Occupied Jammu and Kashmir as well as for Palestine.

The President said Pakistan wishes to work closely with Iran to increase the bilateral trade. He said the rail link between Pakistan and Iran should be strengthened on a priority basis to support trade and promote tourism.

He noted that improved connectivity would make it easier for businesses and travellers, especially the Zaireen, and would help deepen economic cooperation between the two countries.

Copyright Business Recorder, 2025