The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is pushing Pakistan and Iran to elevate bilateral trade from $2.8 billion to $10 billion annually within 3-5 years. FPCCI President Atif Ikram Sheikh stressed moving beyond conventional trade to robust industrial partnerships, welcoming an Iranian delegation from Arak province. Key to this expansion are simplified trade procedures, establishing formal banking channels, and strengthening logistics. This economic cooperation, if successful, could improve Pakistan's balance of payments and potentially support PKR stability, indirectly influencing local gold demand.
بحوالہ / Source: www.brecorder.com