Pakistan and Iran are inching toward formalising their long-awaited Free Trade Agreement (FTA), with Islamabad confirming that the final text of the accord is under review and will soon be submitted for official approval. The development was shared during a meeting between Federal Commerce Minister Jam Kamal Khan and Iranian Ambassador Reza Amiri-Moghaddam, where both sides reaffirmed their commitment to strengthening bilateral trade.
Ambassador Amiri praised the progress, noting the resumption of Quetta–Zahedan flights and Iran’s readiness to import animal feed and maize following the completion of rice imports from Pakistan. The minister invited Iranian companies to participate in the FoodAg Exhibition in Karachi later this month to explore joint ventures in the agri-food sector.
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Jam Kamal also proposed high-level visits, the revival of the Pak-Iran Joint Business Council, and faster operationalisation of border markets to boost local economies. Both sides reiterated their shared vision of achieving $10 billion in annual bilateral trade by 2028, emphasizing that recent engagements have deepened mutual trust and regional economic integration.
