ISLAMABAD – Prime Minister Shehbaz Sharif and Iranian President Dr. Masoud Pezeshkian reaffirmed their commitment on Sunday to boost bilateral trade between Pakistan and Iran to $10 billion, marking a major step in regional economic cooperation.
Speaking during a joint press stakeout in Islamabad, PM Sharif emphasized the shared vision of both nations to unlock trade potential through diplomacy and agreements. “We are eager to realize this $10 billion trade target at the earliest,” he said, adding that detailed talks would follow between both delegations to finalize the roadmap.
The two leaders oversaw the signing of 12 agreements and MoUs, covering diverse sectors including:
- Plant protection and quarantine
- Science, technology & innovation
- Maritime security
- Tourism
- IT and digital cooperation
- Judicial assistance
- Education, youth and health
- Free trade agreement (joint ministerial statement)
President Pezeshkian called Pakistan a “brotherly nation” and underscored deep-rooted cultural and religious bonds. He appreciated Pakistan’s strong condemnation of Israeli aggression earlier this year and thanked the people, parliament, and government for their support.
Both leaders condemned Israeli actions in Gaza and stressed the importance of Muslim unity in resisting regional instability. They also vowed to enhance border security to counter terrorism and facilitate safe trade routes via land, sea, and air.
President Pezeshkian added, “Mutual economic development is key to peace and prosperity across the region,” highlighting Iran’s focus on deepening ties under its neighborhood policy.
The visit concluded with mutual optimism and resolve to turn agreements into action, pushing for regional stability through trade, connectivity, and cooperation.
