Pakistani Business Community Seeks End to Iran Conflict to Restore Trade, July 22

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According to the New York Times, Pakistan's business community is seeking an end to escalating conflict with Iran to restore bilateral trade and energy cooperation on July 22. The breakdown of ceasefire agreements has left cargo shipments of mangoes and textiles stranded at borders, with some produce spoiling. Business leaders view peace as essential to developing the 900-kilometer border's full trade potential and accessing lower-priced Iranian oil and natural gas. U.S. sanctions on Iran have severely restricted banking settlements and trade flows, forcing transactions through barter or third-country channels.
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