ISLAMABAD: The 22nd session of the Pakistan-Iran Joint Economic Commission (JEC) concluded in Tehran on Tuesday with the signing of key protocols, as both countries reaffirmed their determination to achieve the $10 billion bilateral trade target set by their leadership.
The Pakistani delegation was led by Federal Minister for Commerce Jam Kamal Khan, while Iran’s Minister for Roads and Urban Development Farzaneh Sadegh headed the Iranian side. The meeting reviewed the current state of bilateral relations and established a comprehensive framework for future cooperation across multiple sectors, including trade, investment, energy, transport, agriculture, housing, health, education and cultural exchanges.
Among the major outcomes was the decision to remove tariff and non-tariff barriers, operationalise border markets and promote regular business-to-business interactions to strengthen trade. On energy, both sides agreed to enhance electricity supply, resume work on a 220-kilovolt transmission line to Gwadar and explore renewable energy projects. A joint working group will also encourage investment in the power sector, while cooperation in water management and sustainable urban development was prioritised.
In agriculture and environment, the two countries pledged joint action on veterinary health, pest control, seed development, climate resilience and conservation projects. Transportation and connectivity emerged as key areas of focus, with agreements to boost road, rail, air and maritime links, including exploring ferry services for passengers and pilgrims.
Cultural and educational ties will be expanded through cultural festivals, media partnerships, academic collaborations, student exchanges and vocational training. The health sector will see cooperation in pharmaceutical registration, training and disease surveillance. A joint labour committee will facilitate worker mobility in industries such as construction, textiles and agriculture.
Both nations also reaffirmed their commitment to counter-narcotics through intelligence-based operations and improved border cooperation. Additionally, proposals to ease visa processes for businessmen and drivers were discussed.
On the sidelines, a joint business forum brought together leading companies from both countries to explore opportunities and complement government-level initiatives.
Speaking at the closing session, Minister Jam Kamal expressed satisfaction with the outcome, noting that the comprehensive protocol provided a clear roadmap for enhancing bilateral collaboration in trade, transportation, customs facilitation and industrial development.