Pakistan and Iran have recently engaged in discussions regarding the advantages and disadvantages of the much-anticipated Free Trade Agreement (FTA) that aims to replace the current bilateral trade mechanism. The goal is to elevate trade between the two countries to nearly $10 billion. Pakistan’s Commerce Minister Jam Kamal Khan highlighted the importance of such an agreement, emphasizing the potential benefits it could bring to both nations and their economies.

$10bn Trade Aimed at Islamabad, Tehran Discuss FTA Prospects

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