Pakistan PM discusses ways to enhance trade, investment cooperation with Iran’s president-elect 

Iran's President-Elect Masoud Pezeshkian speaks during a meeting a day after the presidential election, at the shrine of the late revolutionary founder Ayatollah Khomeini, just outside Tehran, Iran, on July 6, 2024. (AP)
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Updated 09 July 2024
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Pakistan PM discusses ways to enhance trade, investment cooperation with Iran’s president-elect 

  • PM Sharif congratulates Iran’s President-elect Masoud Pezeshkian on winning election in telephonic conversation
  • Pakistan, Iran have a shared vision for building a better future together for our people, says Pakistani PM 

ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif congratulated Iran’s President-elect Masoud Pezeshkian on Monday for winning the recently held election in his country, as both leaders discussed opportunities to enhance cooperation in trade and investment, Sharif’s office said.

Masoud Pezeshkian, a relatively moderate candidate, secured 53.7 percent or 16.3 million votes in Iran’s presidential election held on Friday, defeating hard-liner Saeed Jalili’s 13.5 million votes. The reformist-backed candidate, who is 69 years old, will replace Ebrahim Raisi, who died in a plane crash last month. 

In a post on social media platform X, PM Sharif said he spoke to Pezeshkian over the phone to congratulate him on his victory. 

“We discussed ways to enhance cooperation, particularly in trade, commerce & investment, and foster a stronger partnership for regional stability,” Sharif wrote on X. “As brothers and neighbors, our two countries have a shared vision for building a better future together for our peoples.”

Pakistan and Iran agreed to enhance bilateral trade between the two countries to $10 billion in April when Raisi arrived in Islamabad. 

Both countries signed memorandum of understandings and agreements covering different fields including trade, science and technology, agriculture, health, culture, and judicial matters.

Pakistan and Iran have had a history of rocky relations despite a number of commercial pacts, with Islamabad being historically closer to Saudi Arabia and the United States. Their highest profile agreement is a stalled gas supply deal signed in 2010 to build a pipeline from Iran’s South Fars gas field to Pakistan’s southern provinces of Balochistan and Sindh.

The two countries are also often at odds over instability on their shared porous border, with both routinely trading blame for not rooting out militancy.

Tensions surged in January when Pakistan and Iran exchanged airstrikes, both claiming to target alleged militant hideouts in each other’s countries. Both sides have since then undertaken peace overtures and restored bilateral ties.


Pakistan updates export control lists to align with global non-proliferation rules

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Pakistan updates export control lists to align with global non-proliferation rules

  • Revised controls require licenses for dual-use items linked to nuclear and biological technologies
  • Update aligns Pakistan’s export rules with global regimes and follows periodic revisions since 2005

ISLAMABAD: Pakistan’s foreign office announced on Friday the country has updated its national export control lists governing sensitive and dual-use technologies, requiring exporters to seek government licenses for items linked to nuclear, biological and missile-related applications.

The revised lists, notified under the Export Control Act, 2004, specify goods, materials, equipment and technologies that cannot be exported without prior approval from the Strategic Export Control Division (SECDIV), a specialized unit operating under the Ministry of Foreign Affairs.

“This revision was part of SECDIV’s regular review process, conducted in consultation with relevant ministries and departments, to ensure that Pakistan’s national controls remain up to date, effective and aligned with international standards,” the foreign office said in a notification.

Export control lists are used by governments worldwide to regulate trade in dual-use items — products and technologies that have legitimate civilian applications but could also be used for military or weapons-related purposes.

Such controls are designed to prevent proliferation while allowing lawful trade under licensing systems.
Pakistan’s updated lists were published in the official Gazette through a statutory regulatory order dated October 13, 2025, and take immediate effect, the notification said.

“This notification underscores Pakistan’s resolve to further strengthen its export control regime and reaffirms its role as a responsible technology-holder state, firmly committed to the objectives of non-proliferation and the fulfilment of its international obligations,” the foreign office added.

The control lists were first issued in 2005 and have since been revised in 2011, 2015, 2016, 2018 and 2022, reflecting changes in technology, international rules and compliance requirements.

The latest revision brings Pakistan’s export rules into closer alignment with international non-proliferation regimes, including the Nuclear Suppliers Group, the Missile Technology Control Regime, and the Australia Group, all of which coordinate export controls among participating countries to limit the spread of weapons-related technologies.