Iran and Pakistan are working to increase their bilateral trade to $10 billion, according to recent discussions between senior officials. Prime Minister Shehbaz Sharif of Pakistan met with Iran’s Industry Minister Seyyed Mohammad Atabak to explore ways to enhance trade, border connectivity, and cooperation in mining and a potential free trade agreement (samaa.tv).

The talks also covered broader diplomatic engagement, with Iran’s Foreign Minister emphasizing the importance of the Oman deal and warning against interference from "certain third parties" (aljazeera.com). Both nations are seeking to strengthen economic ties amid regional challenges.

The meeting highlights growing efforts to diversify trade routes and reduce reliance on traditional partners. Officials hope to leverage shared infrastructure and resources to boost economic collaboration.

The two countries aim to finalize agreements that could significantly impact regional trade dynamics. Further details on the proposed free trade agreement are expected in the coming months.

Sources
  • Al Jazeera — Iran continuing to exchange views with Pakistan, Qatar: Iran’s FM
  • samaa.tv — Pakistan, Iran push to achieve $10bn bilateral trade target