Pakistan-Iran must build a new economic architecture through connectivity, joint ventures: Murad Nemati

KARACHI: A senior Iranian trade official has called for a new phase of economic cooperation between Pakistan and Iran, saying both countries should use their strong geographic position to build joint business projects and long term economic partnerships.

He said this would help turn bilateral relations into a stronger regional trade system that benefits both sides.

Speaking at a meeting held at the Karachi Chamber of Commerce and Industry (KCCI) during a visit by a trade delegation from Khorasan Razavi Province, Iranian Commercial Murad Nemati thanked Pakistan for its support during difficult times. He said that true friendship is seen in hard moments, and Iran values Pakistan’s solidarity and trust.

The meeting was attended by Iranian and Pakistani business leaders, including officials from KCCI and members of the visiting delegation. Both sides discussed ways to improve trade and investment cooperation between the two countries.

Murad Nemati said Pakistan and Iran can become important trade gateways linking South Asia, West Asia, and East Asia. He added that better trade links would not only increase business opportunities but also support peace and economic growth in the region.

He pointed out several problems in current trade, such as border issues, transport delays, customs difficulties, and weak infrastructure. He said both countries should work together to solve these issues and improve trade routes. He also highlighted the importance of stronger links between Karachi, Gwadar, Bandar Abbas, and Chabahar to make trade movement easier.

He stressed that both countries should increase industrial cooperation and focus on joint business projects. He said Pakistan GSP plus access, Iran improving infrastructure, and growing regional investments create strong opportunities for long term economic partnerships.

He also encouraged more exchange of trade delegations and closer contact between business chambers in both countries. He said business relations should stay strong even when political situations change, as strong private sector links help build lasting cooperation.

At the end, he said Iran is fully committed to expanding trade and investment with Pakistan and hopes to enter a new phase of economic growth through closer cooperation with KCCI and other partners.

KCCI acting President Muhammad Raza also welcomed the Iranian delegation and said Pakistan and Iran should move beyond basic trade and build stronger strategic partnerships. He said both countries share deep cultural, religious, and historical ties, which can support stronger economic relations.

He added that regional challenges often create new opportunities, and both countries should use this time to strengthen cooperation. He said stability in the region will help increase trade and investment in the future.

He also said that economic cooperation should go beyond buying and selling and should include joint work in industries, mining, IT, manufacturing, and small business development. He confirmed that KCCI is ready to support stronger business ties and may also send a delegation to Iran to explore new opportunities.