Pakistan, Iran move to boost trade to $5b


KARACHI – The Iranian government has said that Tehran was taking all out measures to offer Pakistani businessmen visa certificates for their free movement across the border.
“Efforts are underway to offer businesspersons visa certificates for entry and exit from Iran,” said Commercial Counsellor of Iran in Pakistan Ahmad Fasihi, while meeting Pakistan Chemicals and Dyes Merchants Association (PCDMA) Chairman Muhammad Haroon Agar and the managing committee members. Fasihi, who had completed his assignment as Commercial Counsellor in Pakistan, said his government had decided to simplify the visa procedures to enhance Pak-Iran bilateral trade.
According to the Iranian official, efforts were underway to establish the Iranian Bank Branch in Pakistan. “Government-to-government negotiations are in progress,” he said. The opening of a bank branches would facilitate businessmen of both the countries in many ways and help boost a two-way trade, Fasihi observed, adding Pakistan and Iran both had lucrative opportunities to boost bilateral trade.