Pakistan, Iran, Afghanistan and Russia have made nice progress relating to 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 of export items to Afghanistan, Iran, Russia by barter commerce.
In response to the SRO issued by the Ministry of Commerce, Pakistan will be capable of import crude oil, LNG, LPG from Iran and Russia beneath barter system. Pakistan will be capable of export meat, fruits, greens and rice to those nations.
Pakistan can even be capable of export textile merchandise, perfumes, cosmetics, surgical devices, cutlery and sports activities tools. Below the barter system, fruits, greens, pulses, minerals, metals and coal could be imported from Afghanistan.
Pakistan will be capable of import crude oil, LNG and LPG from Iran. Chemical merchandise, fertilizers, fruits, greens, spices can be imported from Iran. Pakistan can even be capable of import crude oil, LNG and LPG from Russia. Wheat, pulses, industrial equipment can be imported from Russia beneath the barter system.