Iran Chamber of Commerce, Industries, Mines and Agriculture

Iran-Pakistan Chamber calls for free trade to remove barriers

The head of the Iran-Pakistan Joint Chamber of Commerce has called for moving towards free trade between the two countries, saying the chamber was pursuing negotiations to remove trade barriers and create a more stable framework for bilateral commerce.

Abdolhakim Rigi Mirjaveh said the joint chamber was following up on the issue of free trade amid a recent increase in import tariffs imposed by Pakistan on some Iranian export goods. “Free trade between the two countries is one of the most important ways to achieve this goal,” Rigi said, referring to previous efforts by Iran and Pakistan to increase the volume of bilateral trade. Rigi said tariffs on some Iranian export products had recently increased, adding that it was necessary to determine precisely which products were affected and at what rates the higher tariffs were being applied. He noted that some goods traded between the two countries are covered by preferential trade agreements, with tariff rates for those products determined under the agreements. However, he said the recent tariff increases could make trade more difficult for businesses engaged in commerce between Iran and Pakistan. The higher tariffs could affect the competitiveness of Iranian goods in the Pakistani market and increase the cost of exports, Rigi said, adding that the issue was therefore being pursued through the Iran-Pakistan Joint Chamber. Rigi said Iran and Pakistan had previously set targets for increasing bilateral trade and that achieving those goals required reducing trade barriers and establishing a stable framework for economic exchanges. “The proposal for free trade between the two countries has been put forward,” he said, adding that the joint chamber had placed the issue on its agenda and was conducting negotiations and consultations to advance it.
Iran Chamber of Commerce, Industries, Mines and Agriculture

Iran Chamber of Commerce, Industries, Mines and Agriculture

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