Pakistan, Iran aim to boost trade to $5 billion

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Pakistan and Iran aim to increase annual trade volumes between the two countries to $5 billion by 2021, Pakistani Prime Minister Nawaz Sharif said on Saturday.

Sharif spoke at a business conference with Iranian President Hassan Rouhani, who arrived in Islamabad on Friday for two-day talks focused on increasing Pakistan’s electricity imports from Iran, boosting trade relations and reviving plans for a gas pipeline between the two countries.