The delegation held a meeting with Ambassador of Pakistan to Iran Muhammad Mudassir Tipu on Tuesday before departure to the country.
This is the first-ever organized visit of representatives of the auto parts industry from Iran to Pakistan, according to a press release by Pakistan Embassy in Iran.
In the meeting, the ambassador explained the conducive investment regime of Pakistan and asked 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 the 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.
Ahmed Hosseini, Chairman of the union, 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”, held in Karachi during October 27-29.