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Made in Iran’ Exhibition kicks off in Karachi; Pakistan economic hub

Karachi (IP) – The Director-General of the mining and trade industry of Sistan and Baluchistan province, southeast of Iran, considered the holding of an exclusive exhibition of Iran in Pakistan as an effective step for synergy between the business community of the two countries.

Iran PressAsia: The “Made in Iran” Exhibition is the third largest exhibition event in the last year, which was organized focusing on Sistan and Baluchistan province and obtaining the license of the Iran Trade Development Organization and the follow-ups of the Iranian Consulate General in Karachi and the remarkable reception of the Pakistani business community on Monday in this port city.

According to Iran Press News Agency, at the opening ceremony of Iran’s exclusive exhibition in Karachi, Iraj Hassanpour, the Director-General  of the Mining and Trade Industry who is also the secretary of the committee of the Sistan and Baluchistan border trade organization and non-oil export development council, said: “Holding an Iranian exclusive exhibition is considered an effective step for synergy between the business community of Iran and Pakistan.”

He added: “The exhibition was held following the recent move by the Islamic Republic of Iran in removing the ban from the list of goods related to the preferential trade agreement between Tehran and Islamabad.”

Hassanpour stated: “About 50 companies with more than 60 booths as vast as over a thousand meters from different provinces of Iran in industrial fields and commercial services, including plastic and polymer materials, food industry, steel industry, copper, power plant and construction services, turbine and textile machinery and construction industry are present.”

The increase in exhibition events shows the strong determination of the two neighboring countries so that the current trade balance between Iran and Pakistan can increase from about 1.8 billion dollars to 5 billion dollars, because the bilateral trade capacity is estimated to be more than 14 billion dollars per year.

According to this report, trade development organizations of Iran and Pakistan are going to sign a cooperation agreement on the sidelines of Iran’s exclusive exhibition in Karachi.