A new era of cordial relations between the two countries Iran and Pakistan has begun following Iranian President Hassan Rouhani’s visit to Pakistan. Iranian Ambassador to Pakistan Mehdi Honardoost said that lack of trade information was the major reason behind low Pakistan-Iran trade volumes.
Iranian businessmen were keen to enhance relations with their Pakistani counterparts. They should come forward and start joint ventures.
The Iranian ambassador speaking at Lahore Chamber of Commerce and Industry (LCCI) said that Pakistan-Iran Gas Pipeline project could be completed in short span of time. This project must be completed as energy is necessary for all trade and economic activities.
LCCI Senior Vice President Almas Hyder said that Iranian power companies could provide $1.5 billion worth 5,000 mw electricity to Pakistan for which the two governments need to negotiate a deal.
He further added that after lifting of sanction, a trade delegation of the chamber visited Iran to explore cooperation in textile, fruit, vegetables and meat sectors. Two trade delegations would also visit Iran in May to further seek trade and investment opportunities.
The Union Ministry of Textiles on Thursday signed MoUs with 15 States to create a strong operational framework for improving…
Heartland has announced the launch of a new textile business unit in India to increase the use of hemp fabric…
The Saudi Fashion Commission has announced the development of a bio-textile made from marine algae collected from the Red Sea…
The Council of Fashion Designers of America (CFDA) has announced two new initiatives aimed at strengthening fashion manufacturing in the…
The U.S. Cotton Trust Protocol has announced that Next Level Apparel, a supplier of blank apparel, has joined the program…
Harper Hygienics has launched Kindii Water Care, a new range of baby wipes developed to suit the needs of very…