TEHRAN (Iran News) –Head of Tran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) Masoud Khansari and Chief Executive of Trade Development Authority of Pakistan (TDAP) Muhammad Zubair Motiwala expressed the need for the expansion of relations between the private sectors of the two countries in a meeting in Tehran.
The officials in the meeting emphasized that the trade between the two countries should not be limited to the border trade in Quetta and must be directed to official channels between the private production and export companies of the two countries.
Motiwala announced the readiness of his organization for long-term and progressive interaction with TCCIMA in order to facilitate the commercial exchanges of the two sides’ economic enterprises.
He stressed the need for continuous exchange of business delegations with the aim of introducing the economic and market cooperation capacities of the two countries and identifying the goods and services needed by the markets of both sides.
According to the official, the chambers of commerce in the two countries can provide the basis for the expansion of interaction between the private sectors of the two countries.
Motiwala also considered the revision and modification of the tariffs on commodities traded between the two countries as necessary to increase the level of economic cooperation, and in this regard, he reminded that Pakistan is taking serious measures.
Khansari, for his part, welcomed the ideas presented by the Pakistani side and emphasized the need for amending the tariffs on goods exchanged between Iran and Pakistan.
“A complete list of commodities needed by the markets of the two countries has been prepared by the Tehran Chamber of Commerce which has been compiled by the data provided by reliable companies,” Khansari said.
Stating that the main channel of trade between the two countries is border exchanges which are almost entirely carried out through the Quetta border, the TCCIMA head said: “In order to strengthen the economic relations between Iran and Pakistan, the trade of the two countries should move away from cross-border exchanges towards interaction between large industries and companies from both sides. In this context, the Trade Development Authority of Pakistan and the country’s chambers of commerce should encourage the reputable and big industries and businessmen of Pakistan to have direct economic cooperation with the Iranian market.”
