Pakistan has allowed Iran to export several items, including rice, seafood, fruits, vegetables, meat, and pharmaceutical products, under a temporary trade facilitation policy.
The move aims to improve trade flow and reduce costs for businesses operating between the two countries and nearby regions.
The decision was taken by the Ministry of Commerce Pakistan, which has relaxed key requirements such as bank guarantees and letters of credit. These changes apply to exports routed through Iran and Central Asian countries, making it easier for traders to conduct business without facing strict financial conditions.
According to Jam Kamal Khan, the policy will remain in place for three months, starting from March 24 to June 21, 2026. He explained that the main goal is to support exporters by lowering trade barriers and speeding up the movement of goods across borders.
Trade experts believe this step can help Pakistan increase its exports, especially in the agriculture and pharmaceutical sectors. Iran is already an important regional partner, and easing trade conditions can strengthen economic ties between the two countries.
This temporary relief is also expected to benefit businesses by cutting transaction costs and encouraging more regional trade.
If successful, such measures could lead to long-term policies that promote economic growth and cooperation in the region.
American Dollar Exchange Rate