Originally posted by Friends of Baloch
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Afghanistan has already embraced Iran as its largest trading partner and is diversifying its trade relations with all neighbours except for Pakiland, which is the only country where trade is falling.
Iran likewise has almost non-existent trade with Pakiland. Despite Iran having said it would increase trade with Pakiland, it has in reality been making trade more difficult for the stinking Pakis.
See below.
Iran-Pakistan Trade on the Decline | Financial Tribune
Economy, Domestic Economy
Saturday, April 08, 2017
Iran-Pakistan Trade on the Decline
Trade between Pakistan and Iran is at the lowest ebb, as Pakistan’s exports alarmingly plunged to $318 million in 2015-16 from $1.32 billion in 2008-09, confirming that the Preferential Trade Agreement between the two neighboring countries is no more functional.
Pakistan’s imports from Iran stand at about $280 million, a senior Pakistani official at Economic Affairs Division told The News.
Iran, which is the immediate neighboring country, has the trade volume of $18 billion with India even in the presence of US sanctions, raising eyebrows as to why Pakistan could not manage to keep trade with Iran at a reasonable level. Most trade between Iran and India is based on barter system and this model has failed in the case of Pakistan.
Top Pakistani decision-makers have decided to initiate trade diplomacy with Iran and to this effect, both countries are going to hold crucial talks in the meeting of Joint Economic Commission to be held on April 17-18. Commerce Minister Khurrum Dastgir will lead Pakistan’s side.
Pakistani banks still shy away from carrying out transactions with Iranian banks. The absence of banking channels is the single largest obstacle to enhancing the trade.
Nonetheless, State Bank of Pakistan and the Central Bank of Iran are also in talks for payment arrangements through banking channels.
The Preferential Trade Agreement stipulates that Pakistan extends tariff concessions to Iran over 320 tariff lines and Tehran grants concessions on 309 tariff lines.
Pakistan alleges that the PTA is being flouted by Iran by increasing unilateral tariffs on Pakistan products, saying Tehran has increased tariff on textile and clothing by up to 121%. It has also imposed the increase in import duty on leather, footwear, fruits, vegetables and rice.
According to the Pakistani side, Iran has slapped about 90%% duty instead of 44% duty agreed in PTA on Pakistani kinnow while it has maintained a ban on fruit imports from Pakistan since 2012.
Iran has yet to react to the Pakistani allegations.
Last year, Iranian President Hassan Rouhani visited Pakistan in March and agreed on a five-year strategic trade expansion plan with the aim of promoting bilateral trade to reach $5 billion.
Iran Named Afghanistan’s Largest Trade Partner in 2�16: ACCI | TOLOnews
Iran Named Afghanistan’s Largest Trade Partner in 2016: ACCI
Statistics by the ACCI shows that Iran’s trade value with Afghanistan for 2016 was $1.8 billion USD and that trade volumes between Afghanistan and Pakistan dropped
Afghanistan Chamber of Commerce and Industries (ACCI) on Sunday said Iran retained its position as the country’s largest trade partner for 2016.
Statistics by the ACCI shows that Iran’s trade value with Afghanistan for 2016 was $1.8 billion USD. However trade volumes between Afghanistan and Pakistan for 2016 dropped by $1.2 billion USD.
Iran’s exports to Afghanistan over the past year was estimated to be $1.8 billion USD, the ACCI said.
Meanwhile, the Ministry of Commerce and Industries (MoCI) said currently countries in the region and around the world are looking to expand their economic and trade cooperation with Afghanistan - except Pakistan.
Afghanistan trade volumes declined by 50 percent since 2013. But despite this Iran and Afghanistan’s trade volume has increased significantly.
Based on the ACCI’s statistics, trade volumes between Afghanistan and Iran is estimated to total almost $2 billion USD, with Pakistan at $1.3 billion USD, China at $1 billion USD, Turkmenistan at $700 million USD and with Kazakhstan at $500 million USD.
“Currently there are several countries who are willing to provide our needs, even they are prepared to give us subsidies on food items and export them to Afghanistan,” said ACCI CEO Atiqullah Nusrat.
The Afghan ministry of commerce and industries has said that trade volume between Afghanistan and Pakistan dropped over Pakistan’s moves to shut trade routes and strained relations between the two countries.
“We always tried to keep a balance while managing our needs of products so that we are not dependent on one or two countries,” said Musafir Qoqandi, spokesman for the ministry of commerce and industires.
Back in February, Pakistan closed its key crossings with Afghanistan. Fresh border restrictions by Pakistan apparently opened new doors of trade and commerce opportunities for Afghanistan and during this period. Afghanistan’s trade and commercial ties were expanded with Iran, Turkey, India and central Asian countries.
Iran likewise has almost non-existent trade with Pakiland. Despite Iran having said it would increase trade with Pakiland, it has in reality been making trade more difficult for the stinking Pakis.
See below.
Iran-Pakistan Trade on the Decline | Financial Tribune
Economy, Domestic Economy
Saturday, April 08, 2017
Iran-Pakistan Trade on the Decline
Trade between Pakistan and Iran is at the lowest ebb, as Pakistan’s exports alarmingly plunged to $318 million in 2015-16 from $1.32 billion in 2008-09, confirming that the Preferential Trade Agreement between the two neighboring countries is no more functional.
Pakistan’s imports from Iran stand at about $280 million, a senior Pakistani official at Economic Affairs Division told The News.
Iran, which is the immediate neighboring country, has the trade volume of $18 billion with India even in the presence of US sanctions, raising eyebrows as to why Pakistan could not manage to keep trade with Iran at a reasonable level. Most trade between Iran and India is based on barter system and this model has failed in the case of Pakistan.
Top Pakistani decision-makers have decided to initiate trade diplomacy with Iran and to this effect, both countries are going to hold crucial talks in the meeting of Joint Economic Commission to be held on April 17-18. Commerce Minister Khurrum Dastgir will lead Pakistan’s side.
Pakistani banks still shy away from carrying out transactions with Iranian banks. The absence of banking channels is the single largest obstacle to enhancing the trade.
Nonetheless, State Bank of Pakistan and the Central Bank of Iran are also in talks for payment arrangements through banking channels.
The Preferential Trade Agreement stipulates that Pakistan extends tariff concessions to Iran over 320 tariff lines and Tehran grants concessions on 309 tariff lines.
Pakistan alleges that the PTA is being flouted by Iran by increasing unilateral tariffs on Pakistan products, saying Tehran has increased tariff on textile and clothing by up to 121%. It has also imposed the increase in import duty on leather, footwear, fruits, vegetables and rice.
According to the Pakistani side, Iran has slapped about 90%% duty instead of 44% duty agreed in PTA on Pakistani kinnow while it has maintained a ban on fruit imports from Pakistan since 2012.
Iran has yet to react to the Pakistani allegations.
Last year, Iranian President Hassan Rouhani visited Pakistan in March and agreed on a five-year strategic trade expansion plan with the aim of promoting bilateral trade to reach $5 billion.
Iran Named Afghanistan’s Largest Trade Partner in 2�16: ACCI | TOLOnews
Iran Named Afghanistan’s Largest Trade Partner in 2016: ACCI
Statistics by the ACCI shows that Iran’s trade value with Afghanistan for 2016 was $1.8 billion USD and that trade volumes between Afghanistan and Pakistan dropped
Afghanistan Chamber of Commerce and Industries (ACCI) on Sunday said Iran retained its position as the country’s largest trade partner for 2016.
Statistics by the ACCI shows that Iran’s trade value with Afghanistan for 2016 was $1.8 billion USD. However trade volumes between Afghanistan and Pakistan for 2016 dropped by $1.2 billion USD.
Iran’s exports to Afghanistan over the past year was estimated to be $1.8 billion USD, the ACCI said.
Meanwhile, the Ministry of Commerce and Industries (MoCI) said currently countries in the region and around the world are looking to expand their economic and trade cooperation with Afghanistan - except Pakistan.
Afghanistan trade volumes declined by 50 percent since 2013. But despite this Iran and Afghanistan’s trade volume has increased significantly.
Based on the ACCI’s statistics, trade volumes between Afghanistan and Iran is estimated to total almost $2 billion USD, with Pakistan at $1.3 billion USD, China at $1 billion USD, Turkmenistan at $700 million USD and with Kazakhstan at $500 million USD.
“Currently there are several countries who are willing to provide our needs, even they are prepared to give us subsidies on food items and export them to Afghanistan,” said ACCI CEO Atiqullah Nusrat.
The Afghan ministry of commerce and industries has said that trade volume between Afghanistan and Pakistan dropped over Pakistan’s moves to shut trade routes and strained relations between the two countries.
“We always tried to keep a balance while managing our needs of products so that we are not dependent on one or two countries,” said Musafir Qoqandi, spokesman for the ministry of commerce and industires.
Back in February, Pakistan closed its key crossings with Afghanistan. Fresh border restrictions by Pakistan apparently opened new doors of trade and commerce opportunities for Afghanistan and during this period. Afghanistan’s trade and commercial ties were expanded with Iran, Turkey, India and central Asian countries.
Anyone think that that might be a factor in all this?


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