SCCI for setting up Pak-Iran joint chamber.

PESHAWAR -- The Sarhad Chamber of Commerce and Industry has suggested establishment of Pak-Iran chamber of commerce and industry to boost the bilateral business activities to strengthen the regional economy.

The proposal was presented by SCCI President Engr Maqsood Anwar Pervaiz during a meeting with Iranian Consul General Mohammad Bagher Beigi here on Tuesday, according to a press release.

'Islamabad and Tehran should relax their policies, revise the tariffs and make joint efforts to remove potential bottlenecks coming in the way of bilateral trade,' the SCCI chief said.

Shahid Hussain, senior vice-president of the chamber, executive committee members Ihsanullah, Shamsur Rahim, Mujeebur Rehman, Altaf Baig, Iranian Deputy Consul General Syed Ebraheem Dehandi and members of the business community were present.

Mr Pervaiz said bilateral trade volume between Pakistan and Iran stood at less than $1 billion, which had potential to further increase if non-tariff barriers were removed, duties reduced, exchange of business delegations ensured, joint business ventures launched and policies revised.

He said the sister ports of Gwadar and Chahbahar could play vital role in enhancing Pak-Iran bilateral trade. He also invited the Iranian businessmen to invest in potential sectors in Khyber Pakhtunkhwa.

'Both the countries enjoy cordial relations due to their common religion, customs and...