Iranian President Mahmud Ahmadinejad on Saturday announced Preferential Trade Agreement (PTA) and its amendment protocol reached between governments of Islamic Republic of Iran and Pakistan. The PTA and its amendment protocol consist of an introduction and 21 articles, some of which had already been ratified, according to Iran's MNA news agency.
The act had been approved on May 23, in an open session of the Majlis (parliament) and ratified by Guardians Council on June 7 this year.