Pakistan seeks greater share...

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He hoped to import Iranian oil and gas products at reduced rates by lowering transit prices.

The official said that Iran-pakistan trade currently stands at $1.2 billion of which about $400 million pertains to Pakistan’s exports to Iran.

He said that both countries have planned to increase the annual trade turnover to $5 billion.

Last week, Pakistani Prime Minister Shahid Khaqan Abbasi in a meeting with Iranian President Hassan Rouhani on the sidelines of the UN General Assembly session in New York discussed strengthening of relations between the two countries.

The premier said while pursuing a policy of good neighborliness, Pakistan is committed to strengthening relations with Iran.

Reaffirming Iran’s commitment to strengthen ties with Pakistan, Rouhani underlined that both countries should work closely for in the areas of border management, trade and investment.

The Chamber of Commerce and Industry, Quetta, Baluchistan was established in 1972.

There are 42 pioneering members who initially took part in the process. The chamber was registered with Directorate of Trade Organization, Government of Pakistan, Islamabad under Section 3 of the Trade Organization Ordinance, 1961 on March 12, 1973 with their Memorandum and Article of Association published and registered.