Pakistan, Iran set $3bn target for agri-trade in two years

Published
0
Federal Minister for National Food Security & Research, witnessing the signing of landmark agreements on agricultural trade and cooperation between Pakistan and Iran in Tehran on August 18. — Press Information Department (PID)
Federal Minister for National Food Security & Research, witnessing the signing of landmark agreements on agricultural trade and cooperation between Pakistan and Iran in Tehran on August 18. — Press Information Department (PID)

ISLAMABAD: Pakistan and Iran on Monday decided to boost bilateral agriculture trade to $3 billion within two years.

The two countries signed a joint communique at the end of the visit of a high-level ministerial delegation of Pakistan, led by Minister for National Food Security and Research, Rana Tanveer Hussain, to Tehran.

The Pakistani minister succeeded in securing Iran’s agreement to import a major portion of its rice imports from Pakistan. Under the agreement, Iran’s government and private sector will now rely primarily on Pakistan for rice imports, opening a consistent and stable export market for Pakistani rice, a press release of the Ministry of National Food Security and Research said.

Mr Hussain also obtained firm assurances from Iran to resolve hurdles in mango exports, particularly delays in import permits and foreign exchange allocations.

Iran’s Minister for Agriculture, Gholamreza Nouri Ghezeljeh, said the current volume of agriculture goods’ trade between the two countries stand at around $1.4 billion, but the two countries have complementary strengths that can be used to secure each other’s needs across different seasons.

He said that Iran will expand exports of its dairy products, nuts, fruits and vegetables to Pakistan, while Pakistan will meet a portion of Tehran’s corn and rice imports and 60 per cent of its meat imports under the new plan.

Mr Nouri said the two sides agreed to strengthen cooperation in research on climate change and food security, and set up a joint agriculture committee that will meet every six months to monitor progress and resolve bottlenecks.

The Pakistani minister also secured consensus on a wide range of facilitation measures aimed at easing agriculture trade. These included faster customs clearance, establishment of warehouses and cold chain systems, and improvements in border infrastructure to ensure perishable commodities reach markets efficiently and in top quality.

The two countries also reaffirmed their commitment to move forward towards a Free Trade Agreement (FTA) that will provide a long-term framework for expanding bilateral agriculture trade, he said.

The next session of the Iran–Pakistan Joint Economic Commission will be held in Tehran next month.

Published in Dawn, August 19th, 2025

Opinion

Editorial

Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...