TEHRAN: Muhammad Mudassir Tipu, Ambassador of Pakistan to Iran received a delegation of Iran Union of Automobile Spare Parts Manufacturers & Sellers at the Embassy of Pakistan, Tehran on Wednesday.

A 22-member delegation of the Union is visiting Pakistan. This is the first-ever organized visit of representatives of auto parts industry from Iran to Pakistan.

Syed Ahmed Hosseini, Chairman of the Union, expressed his gratitude towards the ambassador and said that this long-awaited visit will pave the way for closer business relations between the private sectors of both brotherly countries.

The delegation is visiting Pakistan to attend “Pakistan Auto Show 2023” being held at Karachi from 27th to 29th October, 2023.

The ambassador explained the conducive investment regime of Pakistan and urged the delegation to consider entering into joint ventures with Pakistani companies.

He expressed the hope that the visit of the Iranian delegation would result in enhancement of exports of Pakistani auto parts to Iran; imports of cheaper replacements from Iran; and the technology-transfer oriented joint ventures between the two sides.

He assured the delegation of the complete support of the Embassy of Pakistan Tehran to make their maiden visit to Pakistan successful and productive.

Afshin Asgharzadeh, Secretary General of the Union, Dr Reza Mallaki, Hamidreza Khakbaz, Amir Reza Baqalian and Dr Amir Husain, Trade & Investment Counsellor were present on the occasion.