Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised that being neighboring counties and having a shared border of 909 kilometers, Pakistan & Iran can take their bilateral trade to $5 billion within a short span of 2 – 3 years; through creating interdependencies and complementarities in their trade & economics.
Mr. Irfan Iqbal Sheikh apprised that regional trade accounts for up to 75 percent among regional and geographically-contiguous economic & trade blocs around the world; and, that is a time-tested key to the regional prosperity. It is cost-competitive in not only in product pricing; but, also saves shipping costs; time-saving and creates healthy economic cooperation.
It is pertinent to note that Pakistan-Iran solo exhibition kick-started in Expo Centre Karachi on Monday whereas, Mr. Kamran Tessori, Governor Sindh & Mr. Suleman Chawla, SVP FPCCI, inaugurated the expo – along with top Iranian diplomats.