Iran, Pakistan to boost port, transit coop.

TABNAK, May 13 - Iran and Pakistan have agreed to expand port and transit cooperation, with officials saying $10 billion in bilateral trade is achievable within a few years.

News ID: 7414

Date: 13 May 2026 - 23:31

The Iranian delegation from the Chabahar Free Zone, during their visits to Karachi and Gwadar, met with Pakistani officials and emphasized cooperation on ports, transit, logistics, and barter trade.

The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Nasir Khan, said that with strategic coordination and the removal of technical trade barriers, achieving $10 billion in bilateral trade within a few years is highly feasible.

During these visits, a memorandum of understanding (MoU) was signed between the Chabahar Free Zone and the Gwadar Port Authority, and both sides agreed to expand cooperation between Iran’s border provinces and Pakistan’s Sindh province.