The Ministry of Commerce has announced a 60-day temporary relaxation of export regulations for selected goods destined for Iran to facilitate bilateral trade in the absence of a direct banking channel between the two countries.
The decision was approved by Federal Minister for Commerce Jam Kamal under Clause 3 of the Export Policy Order 2022. The exemption will remain in effect from July 2 to August 30, 2026.
During this period, exporters of specified products will be exempt from the requirement to process payments through banking channels and from submitting certain financial instruments normally required under the export policy.
The ministry said the temporary relief has been introduced because Pakistan and Iran currently lack a direct banking mechanism, making it difficult for exporters to comply with existing payment requirements.
Under the exemption, exporters shipping bananas, mangoes, and meat to Iran by air will qualify for the relaxation. For exports via land, the facility will apply to rice, potatoes, meat, gelatin, maize, sesame, and animal feed.
The concession will also benefit exporters transporting rice to Central Asian countries and Azerbaijan through Iran.
The Ministry of Commerce has issued a formal notification implementing the decision.
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