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Pakistan, Iran, Afghanistan and Russia have made nice progress concerning commerce. The federal government has allowed Pak-Iran, Pak-Russia barter commerce. The Ministry of Commerce issued the Enterprise to Enterprise Barter Commerce Guidelines on this regard. Pakistan will now be capable to export items to Afghanistan, Iran, Russia by means of barter commerce.
In line with the SRO issued by the Ministry of Commerce, Pakistan will be capable to import crude oil, LNG, LPG from Iran and Russia beneath barter system. Pakistan will be capable to export meat, fruits, greens and rice to those international locations.
Pakistan may also be capable to export textile merchandise, perfumes, cosmetics, surgical devices, cutlery and sports activities gear. Beneath the barter system, fruits, greens, pulses, minerals, metals and coal will be imported from Afghanistan.
Pakistan will be capable to import crude oil, LNG and LPG from Iran. Chemical merchandise, fertilizers, fruits, greens, spices can be imported from Iran. Pakistan may also be capable to import crude oil, LNG and LPG from Russia. Wheat, pulses, industrial equipment can be imported from Russia beneath the barter system.
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