The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) announced plans to elevate Pakistan-Iran bilateral trade to $10 billion annually from the current $2.8 billion within the next three to five years. This ambitious target relies on strengthening industrial partnerships, improving banking channels, and simplifying cross-border trade procedures. FPCCI President Atif Ikram Sheikh emphasized the need to move beyond conventional trade, welcoming an Iranian business delegation to explore joint ventures in sectors like agriculture, petrochemicals, and engineering. Enhanced regional trade and economic stability could potentially support the Pakistani Rupee against the US Dollar in the medium term, indirectly influencing local gold prices.
بحوالہ / Source: www.brecorder.com