Abstract
In the current Age the regional mutual cooperation in different fields, such as, economy, business, trade and civic sectors is a worldwide trend. Regional trade is at its peak as compared to the past. Proximity to one another has made it possible for neighboring states to connect themselves through road and railways besides airways. In this connection, Pakistan and Iran are neighboring states and both countries have entered in different business, economic and trade bilateral agreements. The Peace Pipeline project is one of the big trade deals among many others. The current volume of trade between Iran and Pakistan is much lower than the optimum level. And this is due to international sanctions on Iran, law and order situation in Afghanistan as well as in bordering areas. Moreover, low level of trade volume is also due to religious factors and difference of sect of Iranian people and Pakistan People. The Saudi Arabian factor is also shadowing Pakistan Iran strong ties.For the promotion of trade and business between Iran and Pakistan the world powers must remove the trade barriers and other sanctions which they have imposed on Iran
Keyword(s)
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