Abstract
In the current Age the regional mutual cooperation in different
fields, such as, economy, business, trade and civic sectors is a
worldwide trend. Regional trade is at its peak as compared to the
past. Proximity to one another has made it possible for
neighboring states to connect themselves through road and
railways besides airways. In this connection, Pakistan and Iran are
neighboring states and both countries have entered in different
business, economic and trade bilateral agreements. The Peace
Pipeline project is one of the big trade deals among many others.
The current volume of trade between Iran and Pakistan is much
lower than the optimum level. And this is due to international
sanctions on Iran, law and order situation in Afghanistan as well as
in bordering areas. Moreover, low level of trade volume is also
due to religious factors and difference of sect of Iranian people
and Pakistan People. The Saudi Arabian factor is also shadowing
Pakistan Iran strong ties.For the promotion of trade and business
between Iran and Pakistan the world powers must remove the
trade barriers and other sanctions which they have imposed on Iran
Rana Aurang Zeb, Umbreen Javaid. (2020) Pak-Iran Trade Ties in the 21st Century and Future Prospects for Strong Relationships, Journal of the Research Society of Pakistan, Volume 57, Issue 1.
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