Regional / Bilateral Trade Agreements

Pakistan                       IRAN

Preferential Trade Agreement

Pakistan signed a Preferential Trade Agreement with Islamic Republic of Iran on 4^th March 2004. The Cabinet ratified the agreement on 25^th May 2005. As mutually agreed the agreement has become operational from 1^st September 2006.

 2.         Under the Agreement, Pakistan offered concessions to Iran on 338 tariff lines, whereas Iran gave concessions on 309 tariff lines. Preferences granted by both countries to each other cover approximately 18% of MFN tariff of both countries.

 3.         To implement the Pak-Iran PTA the following S.R.O.(s) have been issued:

                  i. SRO 872(I)/2006     dated 24^th August, 2006  (issued by Ministry of Commerce)

                  ii. SRO 894(I)/2006    dated 31^st August, 2006  (issued by Federal Board of Revenue)

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PAK-IRAN Preferential Trade Agreement (PTA)
The Preferential Trade Agreement consists of the following components:

The complete text of the Agreement

 

Protocol Amending Articles

 

Agreed Rules of Origin

 

Certificate of Origin

 

Memorandum on the Verification Procedures

 

Tariff Preferences Granted by Iran to Pakistan

 

Tariff Preferences Granted by Pakistan to Iran