Pakistan & Iran Set Sights on $3 Billion Agriculture Trade in Two Years
ISLAMABAD – In a major win for Pakistan’s agri-export sector, Islamabad and Tehran have agreed to elevate their bilateral agricultural trade to $3 billion within the next two years. The announcement came during a high-level ministerial visit led by Pakistan’s Minister for National Food Security and Research, Rana Tanveer Hussain, in Tehran.
A Golden Deal for Pakistani Farmers and Exporters
- Rice in the Spotlight: Iran has committed to bolster its rice purchases from Pakistan, establishing Pakistan as its primary rice supplier. This ensures a reliable and lucrative market for Pakistani exporters.
- Mango Exports, Cleared and Set to Rise: Hurdles slowing down mango exports—such as delays in import permits and foreign exchange processing—will now be swiftly addressed, paving the way for smoother trade.
Expanding the Agri-Exchange
- Diversified Trade Routes: While Iran expands its exports of dairy, nuts, fruits, and vegetables to Pakistan, Islamabad will reciprocate by supplying a share of Iran’s corn and rice imports—plus an impressive 60% of its meat needs under the new arrangement.
- Smart Collaboration on Climate Challenges: Both countries are establishing a joint agriculture committee to meet every six months, coordinating strategies on climate change, food security, and resolving trade barriers efficiently.
Trade That Works – Faster and Fresher
A number of trade facilitation measures have been agreed to:
- Accelerated customs clearance
- Development of cold-chain logistics and storage facilities
- Upgrades to border infrastructure to preserve freshness of perishables
- Commitment to a Free Trade Agreement (FTA) as a long-term framework
- Next Joint Economic Commission scheduled in Tehran next month
Spotlight on Progress & Promise
Minister Rana Tanveer Hussain called the deal “a major milestone” for Pakistan’s agriculture industry—promising prosperity for farmers and exporters alike. With trade volumes currently at $1.4 billion, this initiative charts a clear course toward sustained economic growth and food-sector resilience
SOURCE: Dawn News
