Iranian president arrives in Pakistan on two-day state visit to push $10 billion trade target

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Prime Minister Shehbaz Sharif (third left) receives the President of Iran Masoud Pezeshkian (third right) and his delegation upon their arrival in Islamabad, Pakistan, on August 2, 2025. (PMO)
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Iranian President Dr. Masoud Pezeshkian (third left) arrives at Allama Iqbal International Airport in Lahore, Pakistan, on August 2, 2025. (IRNA)
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Updated 02 August 2025
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Iranian president arrives in Pakistan on two-day state visit to push $10 billion trade target

  • Dr. Masoud Pezeshkian is scheduled to hold detailed meetings with President Zardari and other senior officials
  • He told Iranian state media Tehran was interested in joining China’s Belt and Road Initiative through Pakistan

ISLAMABAD: Iranian President Dr. Masoud Pezeshkian arrived on a two-day state visit to Pakistan on Saturday, hoping to increase bilateral trade to $10 billion and strengthen relations between the two countries.

Pakistan and Iran enjoy close ties and have signed several pacts in multiple fields including energy and trade. However, they have also remained at odds over instability along their shared frontier which led to a missile exchange between them last year, though they were quick to move to ease tensions.

“Prime Minister Muhammad Shehbaz Sharif received the President of Iran H.E. Dr. Masoud Pezeshkian and his delegation upon their arrival to Islamabad on their two-day official visit to Pakistan,” the PM Office confirmed while sharing photos of the two leaders at the Nur Khan Airbase.

This is Pezeshkian’s first official visit to Pakistan as the Iranian president, according to the Pakistani foreign office. He is also accompanied by a high-level delegation, including Foreign Minister Seyyed Abbas Araghchi, senior ministers and other high-ranking officials.

Before his departure earlier today, Pezeshkian said Tehran enjoyed strong relations with Pakistan, according to the Iranian news agency IRNA, adding the plan was to elevate their trade exchanges to $10 billion.

He said his country was also interested in joining China’s Belt and Road Initiative through Pakistan, adding the route could then extend through Iran to Europe.

Prior to arriving in Islamabad, the Iranian president made a brief stay in Lahore, Pakistan’s cultural capital, where he also visited the mausoleum of Dr. Muhammad Iqbal, Pakistan’s national poet, who wrote in both Urdu and Persian and is widely revered in Iran and Persian-speaking communities across the world.

“During his stay, President Pezeshkian will meet with the President of Pakistan, H.E. Asif Ali Zardari, and hold delegation-level talks with Prime Minister of Pakistan, H.E. Shehbaz Sharif,” the foreign office said on Friday.

Last year, Iran’s late president, Ebrahim Raisi, traveled to Pakistan on a three-day visit during which both sides signed memorandums of understanding in the fields of trade, technology, agriculture, health, culture and judicial matters.

This year the ties between the two countries warmed up after Islamabad voiced its support for Tehran during the 12-day Israel-Iran war in June, which began after Israeli strikes on Iranian nuclear sites.

Pakistan remained engaged in talks with regional partners like Saudi Arabia, Iran, China and Qatar to de-escalate tensions in the Middle East after Iran conducted retaliatory strikes on Israel and a US base in Qatar, raising fears the conflict could draw in other regional states.

IRNA quoted the Iranian president as praising Pakistan for being among the countries that “strongly condemned” Israel’s attack and “declared its readiness to provide any necessary support for Iran’s territorial integrity, as well as for the government and people of Iran.”

The foreign office said the Iranian foreign minister, Araghchi, met his Pakistani counterpart, Ishaq Dar, after arriving in the capital.

“The two leaders reaffirmed their commitment to strengthening Pakistan-Iran ties, with a focus on expanding cooperation in regional stability, trade and economic collaboration,” it added. “They also discussed enhancing bilateral engagement across key areas of mutual interest.”


Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

Updated 19 February 2026
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Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

  • Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
  • Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office 

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday. 

The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida. 

Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff. 

“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said. 

It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.

“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added. 

Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.