KARACHI: A three-day exhibition showcasing Iranian industries and products commenced at the Korangi Association of Trade and Industry (KATI), signaling a significant move towards enhancing trade relations between Pakistan and Iran. Organized in collaboration with the Qazvin Chamber of Commerce, the event was inaugurated by Iran's Consul General Akbar Eissa Zadeh alongside KATI Patron-in-Chief S.M. Tanveer.
The exhibition highlighted a range of Iranian goods and technological innovations, drawing significant interest from local industrialists and traders. Business leaders from both nations hailed the event as a milestone in improving bilateral commercial ties.
In his remarks, Iranian Consul General Akbar Eissa Zadeh described the exhibition as "remarkable and highly productive," emphasizing its potential to open new trade avenues. He noted that the current trade volume between the two countries is approximately $3 billion, with substantial room for growth. Eissa Zadeh highlighted the mutual benefits of exchanging agricultural and industrial products between the two countries.
KATI Patron-in-Chief S.M. Tanveer stressed the urgency of boosting bilateral trade, citing the exhibition as a positive step forward. He attributed Pakistan's improved global standing to strategic government policies and expressed confidence in Iran's emergence as a major trade partner. Tanveer pointed to the increased flow of Pakistani fruits and vegetables into Iran as evidence of growing commerce.
KATI President Muhammad Ikram Rajput noted that hosting a single-country exhibition sets a new trend, promoting cross-border trade and supporting domestic industries. He mentioned that trade between Pakistan and Iran currently operates under a barter system, with efforts underway to enhance its efficiency. Rajput outlined the goal of increasing the bilateral trade volume to $10 billion, with KATI playing a pivotal role.
Rajput also revealed plans to invite consuls general from other countries to organize similar exhibitions, as part of KATI's strategy to boost exports and support economic growth.