Iran to materialize trade agreements with Pak

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Karachi—Deputy Commerce Minister of Iran Abbas Qobadi referring to the last week’s meeting between Presidents Asif Ali Zardari & Mahmoud Ahmadinejad maintained that his visit was the first step towards materialization of various trade agreements between two brotherly countries. He said that private sector in Iran wanted to import wheat from Pakistan as flourmills there having 25 million tons capacity were producing half that quantity meeting only the domestic demand. He was talking to Karachi Chamber of Commerce & Industry (KCCI) Managing Committee members and journalists at Aiwan-e-Tijarat here.
Abbas Qobadi informing that wheat imported from Pakistan would be exported after value addition, expected this activity would invigorate links of Pakistan with Bandar Abbas & Imam Khomeini ports. Speaking about the mode of payment Deputy Commerce Minister told that energy could be bartered against wheat or local currency could be swapped. However, stressing on the quality he said that foodstuff was subject to go through quarantine process as it was government’s responsibility to support the consumers.

Irani Minister, rebuffing the perception of sanctions as mere propaganda, told that Iran was maintaining good economic relations with over a hundred countries including in South/Central Asia, European Union, United Kingdom & Canada etc. He said that when Iran was notified by some organizations that they would not discontinue purchasing oil from them after six months, they were told to “stop from tomorrow”, as Iran was more interested in increasing regional economic cooperation. He said that provided security issues were solved Pakistan, Iran, Afghanistan and Turkey could increase affiliation by forming an economic-block.

Visiting Minister was reassured by Mian Abrar Ahmad President KCCI of business community’s cooperation. Observing that banking system between the two countries was vital he also suggested formation of an organization to enhance bilateral trade. He also stressed on Pak-Iran chamber-to-chamber relationship. Informing that besides being a strong engineering base, globally Pakistan was ranked first, second, 4th and 6th largest producer of 13 items, he emphasized on joint ventures with Iran. Siraj Kassam Teli Chairman Businessmen Group (BMG) also recommended creation of a permanent body that could keep on improving Pak-Iran trade cooperation notwithstanding political vicissitudes.


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