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Pakistan, Iran hold high-level talks to expand economic ties

  • By Al Mayadeen English
  • Source: Agencies
  • Today 00:04
4 Min Read

Pakistan’s top officials met in Islamabad to enhance economic and energy cooperation with Iran, reaffirming efforts to strengthen bilateral and regional ties.

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  • Oil tankers enter Iran through Taftan, a joint border crossing point on Pakistan-Iran border, Thursday, June 19, 2025 (AP)
    Oil tankers enter Iran through Taftan, a joint border crossing point on the Pakistan-Iran border, Thursday, June 19, 2025 (AP)

Pakistan has convened a high-level meeting of senior government officials to strengthen economic cooperation with neighboring Iran, the Ministry of Foreign Affairs announced on Wednesday.

In a statement issued by the ministry’s Public Relations Department, Islamabad confirmed that the meeting reviewed the status of bilateral relations and discussed practical measures to expand collaboration in key economic sectors.

Senior officials lead talks on trade, energy 

The meeting, chaired by Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar, brought together senior officials from several ministries, including Minister for Petroleum Ali Pervaiz Malik, Foreign Secretary Amna Baloch, and representatives from the Ministries of Interior, Commerce, and Finance.

According to the statement, discussions focused on developing frameworks to facilitate trade, improve energy cooperation, and advance shared infrastructure projects between the two nations. The participants reaffirmed their commitment to enhancing ties between the “two brotherly countries of Iran and Pakistan.”

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The talks reflect Pakistan’s growing focus on regional connectivity and economic diversification, particularly in the energy and trade sectors. Officials noted that greater cooperation with Iran could provide new opportunities for cross-border trade, reduce energy costs, and improve regional stability.

Bilateral cooperation targets border trade

Parliament Speaker Mohammad Bagher Ghalibaf said that expanding border trade and economic cooperation with Pakistan would help strengthen security and boost growth in both countries while creating new opportunities for mutual development.

Speaking upon his return from a three-day visit to Pakistan on Friday, he said, “If border markets are developed and trade with Pakistan continues to flourish, much of the insecurity and border challenges between the two countries will be addressed, as turning border areas into centers of legitimate and large-scale economic activity would naturally reduce smuggling and insecurity while paving the way for greater stability and mutual prosperity."

The trip, which began on Wednesday at the invitation of Pakistan’s National Assembly Speaker Sardar Sadiq, included meetings with senior officials such as Acting President and Senate Chairman Yusuf Raza Gilani, Prime Minister Shehbaz Sharif, and Chief of Army Staff Asim Munir.

He added that “one of the main purposes of this visit was to express appreciation to the people and officials of Pakistan for their valuable positions during the 12-day war against the Zionist regime (of Israel),” noting that wherever the Iranian delegation met with the public, “they expressed happiness over Iran’s strong and decisive response to the Zionist regime’s aggression.”

Iran, Pakistan, strengthen bilateral cooperation

In recent weeks, Iran and Pakistan have taken significant steps to deepen their bilateral cooperation across economic, trade, transport, and security fields. During a high-level meeting in Tehran on 28 October 2025, Iran’s Supreme National Security Council Secretary Ali Larijani affirmed that relations with Pakistan are poised to evolve into a long-term strategic partnership. He emphasised that the two neighbours should strengthen joint work in political, security, economic, and defence areas.

One of the major developments is Pakistan’s issuance of a new Statutory Regulatory Order (SRO) to expand barter trade with Iran. Announced on 19 October 2025, the new regulation is designed to address business-community concerns in both countries and to boost economic cooperation by providing a smoother mechanism for barter trade. The move is framed as part of a broader push to diversify trade and circumvent financing and banking restrictions.

On the infrastructure and transit front, Iran and Pakistan signed an agreement in late October 2025 to modernise rail networks and ease customs procedures. Under the deal, the two countries will rehabilitate and expand railway connections, streamline truck movement across the border, and link Pakistan’s ports of Karachi and Gwadar with Iran’s Chabahar port, thereby enhancing connectivity between China, Pakistan, Iran, and Europe.

  • Pakistan
  • Iran

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