# Pakistan and Iran reaffirm 10-billion-dollar trade target, advance FTA talks 2026-08-06T11:35:43+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Pakistan and Iran have reaffirmed their goal of raising annual bilateral trade to 10 billion dollars. The commitment followed the 10th Pakistan-Iran Joint Trade Committee meeting in Islamabad on 5 August 2026, where the countries signed a memorandum of understanding and agreed to speed up negotiations on a free trade agreement. The plans include expanded border trade, better customs coordination, joint free trade zones, barter trade and improved maritime links. Officials also agreed to longer border-crossing hours, joint markets and electronic data exchange. Sanctions on Iran, banking restrictions, security concerns and weak infrastructure remain obstacles. A separate agreement aims to promote partnerships between business chambers in both countries. ## Coverage - siasat.com Tags: bilateral trade, border trade, customs, free trade agreement, Pakistan-Iran Canonical: https://indianopinion.org/pakistan-and-iran-reaffirm-10-billion-dollar-trade-target-advance-fta-talks/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/pakistan-and-iran-reaffirm-10-billion-dollar-trade-target-advance-fta-talks/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.