He further said that over the past several years, Pakistan has strengthened its grip on commercial land in Iran amid India’s export constraints due to geographical location, banking access, which has provided a large market to Pakistani exporters.”In the past few years, India’s basmati exports to Iran have been struggling due to fluctuations in payment terms and regulatory hurdles like Minimum Export Price (MEP). These complications have allowed Pakistan to seize the opportunity, offering Iran a more accessible and cost-effective option. Due to geographical proximity, low freight costs, and smooth and flexible banking channels, Pakistan has seen a significant increase in its rice exports to Iran,’’ he claimed.”Indian exporters are cautiously optimistic. Recent diplomatic talks have signaled a possible revival of the Joint Comprehensive Plan of Action (JCPOA), which could ease financial sanctions on Iran, boost its purchasing power, and restore cordial trade relations with India,” said Jossan.He said that the union government should intervene in Iran’s ongoing negotiations with the US to push for agricultural trade concessions, especially given the country’s strategic investment in the Chabahar port in Iran.
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