Pakistan has decided to allow the export of several important items to Iran on easier terms. The items include rice, seafood, potatoes, meat, onions, maize, citrus fruits, bananas, tomatoes, frozen chicken, pharmaceutical products, and tents.
The Ministry of Commerce announced a temporary relaxation in trade rules. Normally, exporters must provide bank guarantees or letters of credit (LCs). These requirements have now been waived for the listed items when sent to Iran via land route. Exporters only need to give an undertaking that they will bring export earnings back to Pakistan within the given time.
Commerce Minister Jam Kamal Khan said this three-month concession will reduce trade costs, save time, and make it easier for Pakistani businesses to sell their products. The policy is effective from March 24 to June 21, 2026.
This step is especially helpful because of ongoing tensions in the Middle East that have disrupted normal shipping routes. The move also opens the way for Pakistani rice to reach Central Asian countries and Azerbaijan by passing through Iran.
The government believes this will boost Pakistan’s exports, support local farmers and industries, and strengthen economic ties with neighbouring countries. It is seen as a practical response to current regional challenges while promoting regional trade and cooperation.
