Pakistan, Iran agree to finalise free trade agreement as US warns of sanctions
Wednesday, 24 April 2024 () On Wednesday, Islamabad and Tehran reached an agreement to promptly conclude a free trade agreement (FTA) and schedule upcoming sessions of business and trade entities, despite US warnings to Pakistan regarding potential sanctions for conducting business with Iran. After Iranian President Ebrahim Raisi's three-day visit to Pakistan, the nations released a joint statement affirming their comprehensive review of bilateral relations.
The United States has cautioned any country engaging in business dealings with Iran about the potential risks of sanctions, following reports of Iran and India signing a deal concerning the Chabahar..
Israel retaliates against Turkey's trade halt by limiting Turkish trade with the Palestinian Authority and seeking sanctions. The move, spurred by Turkey's bid to pressure Israel on Gaza, draws strong..
US State Department warns businesses of potential sanctions risks regarding deals with Iran following Iran's engagement with Pakistan. Recent US sanctions target entities aiding Pakistan's ballistic..