| GEO Business|
| Pak-Iran to increase number of items in PTA|
| Updated at: 1355 PST, Wednesday, May 13, 2009|
TEHRAN: Pakistan and Iran will enlarge the lists of items under preferential trade agreement (PTA).
This was decided in the 5th Pak-Iran joint trade committee. It was also decided that Pak-Iran experts meeting would be held in Islamabad in August for finalizing the lists of the trade items in mutual consultations.
Despite the two countries giving concession in import duty on 647 items under preferential trade agreement-2006, the bilateral trade volume remained less.
The meeting decided that joint border trade committee would be constituted for the solution of the trade lacunae.