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Thursday, July 18th, 2019

Muneer-led Trade Development Authority of Pakistan delegation visits Iran


Karachi, August 24, 2016 (PPI-OT):A 19 member trade delegation of major exporters in textile, leather, rice and agro products, tents and canvas, surgical instruments and gems and jewellery leading by H.E. S. M. Muneer, Chief Executive of Trade Development Authority of Pakistan is visiting Iran from 21st – 25th August , 2016 for enhancing trade with Iran.

A meeting was held between H.E. S. M. Muneer accompanied by Mr. Nazar Muhammad Ranjha, Commercial Counsellor of Pakistan in Tehran and members of delegation and Mr. Jahangiri, Vice President of Tehran Chamber of Commerce, Industry, Mine and Agriculture and his team on 23th August in Tehran Chamber of Commerce.

Mr. Jahangiri welcomed C.E. TDAP and expressed their happiness to host this delegation from brotherly neighbour country based on history. He stated that two countries enjoy good relations and want to increase trade in engineering. Both countries have population more than 270 million and common border of 900 Km, cheap labours, natural resources and both have complementary economies. But he present the level of economic relations is not satisfactory and there is need to increase it. He said that at present the volume of trade is only 830 m US$. Now sharing capacity of two countries we can achieve higher figures.

Recently president Iran visited Pakistan and emphasized that trade volume between Iran and Pakistan should reach to 5billion$ and this can happen by private sector. He said that in the past decade there were sanctions, but now sanctions were lifted and JCPOA has been signed. We have achieved great success without bloodshed and war. Our brother Pakistan stood with us. Now we are beginning new round of cooperation.

Mr. Jahangiri said that Pakistan will be the first country to start new trade with Iran. We can extend trade, transportation and ports. Our cooperation in power and electricity can play important role. He said Pakistan can export rice, mangoes and kinnos to Iran. It’s critical to stop smuggling and it can happen by planning and reducing tariffs in order to fulfil all the formal legal requirements.

On our side Tehran Chamber is the largest private entity and we will try our best for the removal of all types of barriers in order to promote Pak Iran Trade. The all out efforts will be made to enhance investment and to facilitate the investors coming from Pakistan. I believe that our historical friendship will help a lot to further improve our trade relations.

In response to the remarks of Mr. Jahangiri, The chief Executive, Trade Development Authority of Pakistan, desired to arrange one Single country exhibition in the city of Karachi or Lahore. Mr. Jahangiri stated that as a member of the chamber he will send the proposal to the concerned quarters and also follow up this proposal to organize the exhibition in Pakistan. This will help us to show our capacity in various fields to the business community of Pakistan. He stated that like Chief Executive TDAP he also belongs to banking sector and will utilize his experience for expanding our relations.

For more information, contact:
Mr. Farooque Memon
Information and Communication Division
Trade Development Authority of Pakistan (TDAP)
3rd Floor, Block A, Finance and Trade Centre,
P. O. Box No. 1293, Shahrah-e-Faisal,
Karachi 75200, Pakistan
UAN: +92-21-111-444-111
Tel: +92-21-99206487-90, +92-21-99201526
Fax: +92-21-99206461, +92-21-99201526