Tehran: Prime Minister Muhammad Shehbaz Sharif said that the bilateral trade between Pakistan and Iran which stood at $3 billion, would be taken to $10 billion volume in the next few years, as there was immense potential of growth.
Prime Minister Shehbaz Sharif on Monday departed to Iran after concluding his two-day official visit to Turkiye.
In an interview with IRNA, prior to his visit to Tehran on Monday, the prime minister said the bilateral trade between the two countries had witnessed a significant increase in the past three to four years.
“We want to take it up to $10 billion in the next few years, but I think the potential is much larger than that as well. We are discussing signing a free trade agreement (FTA). I think in the next ten years, the trade volume between the two countries will expand a great deal. The need is to have sustained economic engagements for the long term between Pakistan and Iran,” the Iranian news wire quoted the prime minister as saying.
The prime minister, to a query, replied that he strongly believed that the economic destiny of both countries was interlinked as they shared a border of about 900 kilometers.
