Federal Minister for Commerce Jam Kamal Khan Holds Bilateral Meeting with Iranian Minister at SCO 2024

Commerce Minister Discusses Strengthening Trade Relations with Iran at Shanghai Cooperation Organization Summit

On the sidelines of the Shanghai Cooperation Organization (SCO) 2024 summit in Islamabad, Pakistan’s Federal Minister for Commerce, Jam Kamal Khan, held a productive bilateral meeting with Iran’s Minister for Industry, Mining, and Trade, Mr. Mohammad Atabak. The discussion focused on strengthening trade relations, enhancing industrial cooperation, and fostering cultural exchange.

During the meeting, both ministers emphasized the importance of boosting economic ties through increased bilateral trade and investment. They explored avenues for collaboration in sectors of mutual interest, recognizing the substantial potential for bilateral trade that has yet to be realized. The ministers discussed how Pakistan and Iran could cooperate more closely in the regional market and beyond, leveraging the SCO platform to facilitate trade growth and regional stability.

Jam Kamal Khan highlighted the strategic location of both brotherly countries as a gateway to Central Asia and the Middle East. He stressed the need for stronger economic cooperation between Pakistan and Iran, not only to enhance bilateral trade but also to promote prosperity in the wider region.

Both sides expressed their commitment to continuing discussions and developing action plans to overcome existing trade barriers and streamline regulations to facilitate smoother business interactions between the two countries.

The meeting between Jam Kamal Khan and Mohammad Atabak underscores the importance of regional cooperation through platforms like SCO, as both Pakistan and Iran seek to strengthen ties and enhance their roles in the global market.

Finally, the Iranian Minister extended an invitation to his counterpart for a high-level visit to Iran.