2nd round of Iran-Pakistan FTA talks to resume on July 11

2nd round of Iran-Pakistan FTA talks to resume on July 11
Iran and Pakistan are going to hold second round of negotiations on Free Trade Agreement (FTA) in Islamabad on July 11-12.

A three-member delegation from 'Trade Promotion Organization of Iran' will visit Pakistan to attend the meeting. Mirhadi Seyyedi, the caretaker of the Export Markets Development Department of Iran's Trade Promotion Organization will lead the Iranian delegation.

The meeting will also discuss implementation of already signed Preferential Trade Agreement (PTA) between the two countries.

Reviewing mutual trade list and FTAs text will be on the agenda of the talks for finalizing the agreement.

The first round of the talks was held between the two countries in Tehran in Dec. 2016.

Iran and Pakistan have agreed to increase annual trade volume to $5 billion by 2021. In a major development after the JCPOA, the central banks of the two countries have signed an agreement to resume the banking channel.


Jul 11, 2017 11:01

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