{"id":373035,"date":"2023-12-08T09:15:58","date_gmt":"2023-12-08T04:15:58","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=373035"},"modified":"2023-12-08T09:15:58","modified_gmt":"2023-12-08T04:15:58","slug":"iran-seeks-to-enhance-economic-cooperation-with-pakistan","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/iran-seeks-to-enhance-economic-cooperation-with-pakistan\/","title":{"rendered":"Iran Seeks to Enhance Economic Cooperation with Pakistan"},"content":{"rendered":"<p> KARACHI<br \/>\nHis Excellency Hassan Nourian, the Consul General of the Islamic Republic of Iran, has expressed the enduring and robust diplomatic the enduring and robust diplomatic relations between Iran and Pakistan. Addressing a meeting at the North Karachi Association of Trade &#038; Industry (NKATI, the Consul General underscored the profound cultural ties between the two nations, especially in the region of Balochistan, where the shared border is defined by mutual cultural affinities. President NKATI Faisal Moiz Khan, Vice President Naeem Haider, Asfer Hussain, Chairman Diplomatic Committee and members also attended the meeting.<br \/>\nThe Consul General revealed plans to expand economic collaboration between Iran and Pakistan. Currently, nine border markets are operational, and an additional six are set to open, spanning a substantial 900 km. This strategic move aims to amplify economic activity and trade between the two nations.<br \/>\nHassan Nourian proposed organizing a single-country exhibition in Tehran and other Iranian cities to showcase the quality of Pakistani products, fostering awareness among Iranian consumers. Pledging support to the North Karachi Association, he committed to providing crucial Trade &#038; Exhibitions information, strengthening bilateral ties.<br \/>\nHighlighting the ease of travel, the Consul General assured a straightforward visa process for Iran, encouraging more frequent exchanges. Acknowledging the current trade balance, which favors Iran, Nourian expressed a steadfast commitment to achieving a more equitable distribution of imports and exports.<br \/>\n\u201cThe signing of Memorandums of Understanding with key chambers of commerce signifies a deepening economic collaboration, establishing a Business Council for Pak-Iran. Additional MoUs for counterparts in Iran aim to foster greater economic cooperation,\u201d he added.<br \/>\nTo address trade hurdles, CG urged the establishment of a direct payment channel through the creation of a Pak-Iran Bank, simplifying payment procedures. Emphasizing the need for a \u201cBarter Trade System\u201d in essential commodities, he aims to foster a more efficient and mutually beneficial trade relationship.<br \/>\nDrawing attention to the Gas Infrastructure Pipeline, the Consul General called upon Pakistan\u2019s government to expedite discussions, enhancing energy infrastructure. These developments signal a new era of strengthened diplomatic and economic ties between Iran and Pakistan, promising increased collaboration and prosperity for both nations.<br \/>\nIn a momentous event, Faisal Moiz Khan, President of the North Karachi Association of Trade &#038; Industry, warmly welcomed His Excellency Hassan Nourian, Consul General of Iran, marking a significant milestone in Pakistan-Iran relations. Khan emphasized the historical alliance, citing Iran as the first country to recognize Pakistan post-independence.<br \/>\nAddressing the ongoing efforts to enhance connectivity, NKATI President detailed infrastructure projects, including the upgrading of the Quetta-Taftan highway and the establishment of new border crossing points. Negotiations on the Iran-Pakistan gas pipeline project underscored the commitment to deepening politico-economic engagement and fostering mutual trust.<br \/>\nHe outlined a robust strategy to boost the trade relationship, emphasizing the diversification of traded goods, active negotiation of trade agreements, and the attraction of foreign investment. The strategy also focuses on streamlining customs procedures and border facilitation, with considerations for secure financial mechanisms and alternative payment methods.<br \/>\n\u201cCultural exchange, sustainable trade practices, and regular dialogues between trade officials are highlighted components of the strategy. Market research and investments in educational programs underscore a commitment to a well-equipped workforce and informed decision-making.\u201d<br \/>\nFaisal Moiz concluded by stating that these initiatives aim to create a foundation for a robust and mutually beneficial trade relationship, contributing to the prosperity and development of both Pakistan and Iran. The collaborative effort reflects a shared vision for a more interconnected, sustainable, and prosperous future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI His Excellency Hassan Nourian, the Consul General of the Islamic Republic of Iran, has expressed the enduring and robust diplomatic the enduring and robust diplomatic relations between Iran and Pakistan. Addressing a meeting at the North Karachi Association of Trade &#038; Industry (NKATI, the Consul General underscored the profound cultural ties between the two [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":373059,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-373035","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Iran Seeks to Enhance Economic Cooperation with Pakistan<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/iran-seeks-to-enhance-economic-cooperation-with-pakistan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran Seeks to Enhance Economic Cooperation with Pakistan\" \/>\n<meta property=\"og:description\" content=\"KARACHI His Excellency Hassan Nourian, the Consul General of the Islamic Republic of Iran, has expressed the enduring and robust diplomatic the enduring and robust diplomatic relations between Iran and Pakistan. 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