Pakistan, Iran to start rice barter trade
Teheran meeting also considers enhancing flights between both countries Pakistan, Iran to start rice barter trade

Source: Abdul Razak Dawood/ Twitter

Iran and Pakistan agreed on Sunday to start barter trade in rice, build more border trade facilities, helping expedite cross-border passage of trucks, Adviser to the Prime Minister on Trade Abdul Razzaq Dawood said in Teheran.
Both countries also agreed to broaden customs cooperation, Dawood said. He also said that these measures would help increase the quantum of trade over land. Earlier, he concluded a meeting with Iranian Minister of Communications and Urban Development Rustam Qasemi. At the conclusion of the meeting of the Iran-Pakistan Joint Economic Cooperation Commission, both countries also emphasized upon strengthening trade ties between the two countries. During the meeting, both sides also discussed the movement of Pakistani trucks from Iran to Turkey and Europe and Iranian trucks to Pakistan and China, a report by IRNA said. The meeting also reviewed the increase in the number of international flights between Iran and Pakistan, IRNA stated. Pakistan also called for the reopening of the joint border market at Pishin-Raymond. On this occasion, Rustam Qasmi said that Iran and Pakistan would sign a final agreement in this regard within a month. Abdul Razzaq Dawood said that the Prime Minister of Pakistan has emphasized on the development of relations with the countries of the region, especially Iran, which plays an important role in the region. During the concluding session of the ninth meeting of the Pakistan-Iran Joint Trade Committee, a memorandum was also signed by the president of the Balochistan Chamber of Commerce and Industry or BCCI, Fida Hussain Dashti, and chief of the Zahedan Chamber of Commerce and Industry, Abdul Hakeem Regi, SAMAA TV‘s Noor ul Arifeen reported. Advisor to the PM Abdul Razaq Dawood later told media persons that Pakistan sought to broaden trade relations with Iran. “Over the next three months, preferential measures will be taken to increase bilateral and border trade,” Dawood said. Vice-President of the BCCI Muhammad Ayub Maryani also accompanied the adisor to the PM. Both Dashti and Maryani expressed the confidence that the business communities of both countries would work tirelessly in this regard. The barter trade agreement, they agreed, would prove to be a milestone towards achieving bilateral trade targets.
Date: 07-Nov-2021