{"id":100926,"date":"2024-12-31T11:59:28","date_gmt":"2024-12-31T06:59:28","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=100926"},"modified":"2024-12-31T11:59:31","modified_gmt":"2024-12-31T06:59:31","slug":"kati-talks-about-pak-iran-trade-expansion","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kati-talks-about-pak-iran-trade-expansion.html","title":{"rendered":"From USD 2.4B to 10B: Roadmap for Pak-Iran Trade expansion discussed by KATI"},"content":{"rendered":"\n<p>Karachi<em>:<\/em> The Korangi Association of Trade and Industry (KATI) has highlighted the potential for trade between Pakistan and Iran to reach USD 10 billion, significantly exceeding the current bilateral trade volume of USD 2.4 billion. The news has been sourced from an article on December 31.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/pm-to-announce-uraan-pakistan.html\" target=\"_blank\" rel=\"noreferrer noopener\">Future in Focus: PM to Announce \u2018Uraan Pakistan\u2019 Tomorrow<\/a><\/p>\n\n\n\n<p>KATI President Junaid Naqi underscored the need for Pakistan to increase its share in the existing trade framework, which currently falls one-third below expectations. Addressing a meeting with an Iranian trade delegation, USD Naqi noted Iran\u2019s robust trade performance, surpassing USD 100 billion despite international sanctions, as a testament to the possibilities for further cooperation between the two nations.<\/p>\n\n\n\n<p>The Iranian delegation was led by Jafar Allavardiha, Chairman of the Qazvin Chamber of Commerce, Industry, Mines and Agriculture, and Morad Nemati, Commercial Attach\u00e9 of the Iranian Consulate. The meeting was also attended by KATI\u2019s Senior Vice President Ijaz Sheikh, Standing Committee Chairman Rashid Siddiqui, former Chairman Gulzar Feroze, and other representatives from both sides.<\/p>\n\n\n\n<p>President Naqi emphasised the longstanding historical ties between Pakistan and Iran, recalling Iran\u2019s recognition of Pakistan immediately after its independence. He pointed to key sectors such as textiles, pharmaceuticals, leather, and food products as areas ripe for increased trade. He announced that a KATI trade delegation would participate in the Iran Expo 2025 and encouraged Pakistani exporters and industrialists to engage actively with their Iranian counterparts. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/overseas-pakistanis-get-real-estate-tax-relief.html\" target=\"_blank\" rel=\"noreferrer noopener\">Overseas Pakistanis get real estate tax relief under new FBR initiative<\/a><\/p>\n\n\n\n<p>President Naqi assured full support and guidance, highlighting KATI\u2019s role as a hub for leading Pakistani exporters ready to facilitate Iranian investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Korangi Association of Trade and Industry (KATI) has highlighted the potential for trade between Pakistan and Iran to reach USD 10 billion, significantly exceeding the current bilateral trade volume of USD 2.4 billion. The news has been sourced from an article on December 31. Read: Future in Focus: PM to Announce \u2018Uraan Pakistan\u2019 Tomorrow KATI President Junaid Naqi underscored the need for Pakistan to increase its share in the existing trade framework, which currently falls one-third below expectations. Addressing a meeting with an Iranian trade delegation, USD Naqi noted Iran\u2019s robust trade performance, surpassing USD 100 billion despite international sanctions, as a testament to the possibilities for further cooperation between the two nations. The Iranian delegation was led by Jafar Allavardiha, Chairman of the Qazvin Chamber of Commerce, Industry, Mines and Agriculture, and Morad Nemati, Commercial Attach\u00e9 of the Iranian Consulate. The meeting was also attended by KATI\u2019s Senior Vice President Ijaz Sheikh, Standing Committee Chairman Rashid Siddiqui, former Chairman Gulzar Feroze, and other representatives from both sides. President Naqi emphasised the longstanding historical ties between Pakistan and Iran, recalling Iran\u2019s recognition of Pakistan immediately after its independence. He pointed to key sectors such as textiles, pharmaceuticals, leather,&hellip;<\/p>\n","protected":false},"author":88,"featured_media":62073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15153],"tags":[15154,61393],"persona":[],"class_list":{"0":"post-100926","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-trade","8":"tag-pak-iran-trade","9":"tag-pakistan-international-trades","10":"cat-15153-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KATI Talks About Pak-Iran Trade Expansion- Zameen News<\/title>\n<meta name=\"description\" content=\"KATI emphasizes that trade between Pakistan and Iran could surge to USD 10 billion, well above the current USD 2.4 billion.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/kati-talks-about-pak-iran-trade-expansion.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KATI Talks About Pak-Iran Trade Expansion- Zameen News\" \/>\n<meta property=\"og:description\" content=\"KATI emphasizes that trade between Pakistan and Iran could surge to USD 10 billion, well above the current USD 2.4 billion.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kati-talks-about-pak-iran-trade-expansion.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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