TEHRAN – Pakistan and Iran have pledged to elevate bilateral trade to $10 billion, reaffirming their commitment to closer economic cooperation during the Pak–Iran Business Forum 2025, held alongside the 22nd Pakistan–Iran Joint Economic Commission (JEC) session in Tehran.
Commerce Minister Jam Kamal Khan and Iranian Minister for Road and Urban Development Farzaneh Sadegh led the discussions, stressing that the long-standing cultural and historical bonds between the two nations must now be matched by deeper trade and investment partnerships.
Pakistan and Iran reaffirmed plans to deepen economic cooperation, targeting $10 billion in bilateral trade, as Commerce Minister Jam Kamal Khan and Iranian Minister Farzaneh Sadegh addressed the Pak–Iran Business Forum 2025 in Tehran.https://t.co/BVf8mRJ622#brecordernews pic.twitter.com/VSLojCCqne
— Business Recorder (@brecordernews) September 16, 2025
Key Highlights
- Trade Target: Both sides set sights on raising trade volume from $3.1bn to $10bn.
- New Protocols: Negotiations underway on 17 new agreements covering banking, logistics, shipping, aviation, free zones, manufacturing, and agriculture.
- Border Trade Boost: Operationalisation of markets like Manpashin and Gavdar-e-Indan to support livelihoods in border regions.
- Investment Outreach: Pakistan’s “URAN Pakistan” plan aims to attract foreign direct investment in energy, minerals, agriculture, and IT.
- Upcoming Events: Pakistan invited Iranian firms to participate in the Agriculture Expo 2025 in November.
Shared Vision for Economic Integration
Minister Jam Kamal emphasized that Pakistan, under Prime Minister Shehbaz Sharif’s leadership, is prioritizing connectivity with Iran as part of its broader economic stabilisation plan. He highlighted Pakistan’s improving industrial output and rising IT and services sectors as attractive opportunities for Iranian investors.
Iranian Minister Farzaneh Sadegh lauded the “remarkable enhancement” of bilateral trade in recent years, noting that stronger supply chains and joint projects in pharmaceuticals, ceramics, and engineered goods could help achieve the ambitious target.
She also expressed solidarity with Pakistan over recent flood losses, stressing that both nations, bound by geography and history, must work together to overcome challenges and compete globally.
The next JEC session is set to be hosted in Pakistan, ensuring follow-up on agreements forged in Tehran.
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