Overview
- Commerce Minister Jam Kamal Khan and Iranian Ambassador Reza Amiri-Moghaddam confirmed the FTA’s final text is under Pakistan’s internal review and will be presented for approval soon.
- Both governments reiterated a target of $10 billion in annual bilateral trade by 2028 following the 22nd session of their Joint Economic Commission.
- Connectivity measures progressed with Quetta–Zahedan flights resuming and Pakistan updating its barter trade mechanism to ease transactions.
- Iran reported completing rice imports from Pakistan and signaled readiness to buy maize and animal feed under existing agreements, underscoring agri-food as an early growth area.
- Pakistan invited Iranian firms to the Nov. 25–27 FoodAg exhibition in Karachi and pushed to reactivate the Joint Business Council, reduce non-tariff barriers, and operationalize border markets.