Chambers of commerce of Iran and Pakistan have agreed on forming a committee to resolve the trade disputes between the two countries.

The agreement was signed as part of the 21st Session of Iran-Pakistan Joint Economic Commission which was held after five years in Islamabad.

The Iranian delegation to Pakistan was Headed by Minister of Road and Urban Development Rostam Qassemi.  

During the session in the Pakistani capital, representatives from the Iranian and Pakistani chambers of commerce also agreed on a different range of issues including, the dispatch of an Iranian private sector delegation to Karachi, Pakistan, exchange of trade information, execution of barter trade agreements between the two countries, signing an agreement on formation of a trade dispute resolution committee and forming an Iran-Pakistan trade council between the two chambers of commerce.   

As a document has been signed earlier between the Iran’s Zahedan Chamber of Commerce and Pakistan’s Quetta Chamber of Commerce and Industry on facilitation of barter trade, the two sides agreed to devise a mechanism to implement the document and provide the necessary software infrastructures within a month.