Iranian Delegation Interested In JVs, Investment In Pakistan.

ISLAMABAD -- An Iranian businesses delegation visited Islamabad Chamber of Commerce and Industry (ICCI) and showed interest to make joint ventures (JVs) and investment in Pakistan in various sectors.

A business delegation of Iran led by Shokouhian showed interest to make joint ventures and investment in Pakistan in various sectors including oil and gas, engineering, mining and construction machinery, fertilizers, electrical vehicles, car batteries, electronic tools, plastic products, dairy products and food and dry fruit industries.

The Iranian business delegation was of the view that Iran and Pakistan should encourage frequent exchange of trade delegations and try to organise exhibitions in each other country to explore all potential areas of promoting bilateral trade.

They said that organising Pak-Iran Trade Exhibition in Islamabad is a right step in that direction and more such exhibitions should be organised on reciprocal basis to improve trade ties between Iran and Pakistan. Addressing the delegation, Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry (ICCI) welcomed the business delegation from Iran and briefed them about the potential areas of JVs and investment in Pakistan for Iranian investors and stressed that they should capitalise on these opportunities by investing in Pakistan.

He said that Pakistan and Iran are enjoying cordial relations that should be transformed into...