Pakistan Trade with Iran to Start Next Month

By John Lee.

Pakistan and Iran will resume banking channels from next month to facilitate official trade between the two countries, according to a report from The News.

Zubair Tufail, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) said he expects the first letter of credit (LC) for Iranian trade will be issued in the first week of April.

He said trade between the two countries would reach $3 billion in next two years.

(Source: The News)

(Picture credit: Tasnim, under Creative Commons licence)

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