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New 5-year strategic trade agreement was signed between Pakistan and Iran.

Bilawal Bhutto said that several proposals are under consideration for the promotion of mutual cooperation in trade, economy, energy and art, we have finalized the mutual trade agreement for 2023 to 2028.

Bilawal Bhutto and Iranian Foreign Minister signed the agreement at the Ministry of Foreign Affairs in Islamabad.

Federal Ministers Ayaz Sadiq and Naveed Qamar were also present in the ceremony.

Later, the foreign ministers of Pakistan and Iran also held a joint press conference.

On this occasion, Bilawal Bhutto said that we assumed the government more or less 15 months ago, we visited Iran for the first time in June, and we have fraternal and historical relations with Iran.

Bilawal Bhutto said that Iran played an excellent role in providing electricity in Gwadar, he wants to strengthen cooperation with Iran in various fields.

The foreign minister said that the two countries have historical strategic relations, and had a fruitful discussion with the Iranian counterpart on various issues.

Bilawal Bhutto said that several proposals are under consideration for the promotion of mutual cooperation in trade, economy, energy and art, we have finalized the mutual trade agreement for 2023 to 2028.

The Foreign Minister said that our actions today will be beneficial for our people for many years to come, our mutual trade will increase to 5 billion dollars.