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Pakistan wants to enhance trade with Iran: Minister

Islamabad, Pakistan's State Minister for Parliamentary Affairs has informed the upper house of Parliament that Pakistan was very keen to enhance trade with the neighboring country Iran, state media reported.

Ali Muhammad Khan was responding to a question in the Senate.

The minister said that lack of a banking channel between the two countries is causing hindrance in direct transactions between Iran and Pakistan.

He said the government was trying to enhance bilateral trade between the two countries.

The minister informed the house that the exports with Iran from April to December 2018 stood at $319 million.

Leaders of Iran and Pakistan have already agreed to enhance bilateral trade volume to $5 billion within next five years.

Source: Islamic Republic News Agency IRNA

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