Search results
Results from the WOW.Com Content Network
Iran and Pakistan established relations on 14 August 1947, the day of the independence of Pakistan, when Iran became the first country to recognize Pakistan.Both sides continue to cooperate economically where possible and have formed alliances in a number of areas of mutual interest, such as fighting the drug trade along their border and combating the insurgency in the Balochistan region.
Iran was the first nation to recognize Pakistan's independence. During the Indo-Pakistani War of 1965 and Indo-Pakistani War of 1971, Iran supported Pakistan under the reign of Shah Mohammad Reza Pahlavi and opened the Iran-Pakistan border to provide fuel and arms to the Pakistani soldiers. After the 1971 war Iran tried to strengthen its ties ...
[15] [16] Backed by the semi-agricultural and semi-industrialized economy, Pakistan is the 47th largest (nominal GDP, 2021) and 23rd largest economic power and 6th largest military in the world, with a defence budget of US$11.4 billion (2018) [17] 4.0% of its GDP (2018). [18]
Iranian and Pakistani leaders vowed to strengthen economic and security cooperation in a meeting on Monday, as the two countries seek to smooth over a diplomatic rift. Iran’s President Ebrahim ...
ISLAMABAD (Reuters) -Pakistan and Iran on Monday said they respected each other's sovereignty and territorial integrity and would expand security cooperation, bidding to mend ties after tit-for ...
Iran and Pakistan vowed during Raisi's visit to boost trade and energy cooperation, including on a major gas pipeline deal that has faced delays due to geopolitical issues and international sanctions.
Pakistan and Iran have both conducted strikes on each other’s territories in an unprecedented escalation of hostilities between the two neighbors, at a time when tensions have risen sharply ...
[69] [71] According to the International Monetary Fund, Iran is a "transition economy", i.e., changing from a planned to a market economy. [72] In 2008, the United Nations classified Iran's economy as semi-developed. [73] In 2014, Iran ranked 83rd in the World Economic Forum's analysis of the global competitiveness of 144 countries.