PESHAWAR - Pakistan and Iran could extend bilateral trade volume to $5billion by removing hurdles, said Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) president Zahid Ullah Shinwari said on Wednesday.

He was talking to a delegation of Iranian dry fruits and fresh fruits traders headed by Acting Deputy Counselor General of Iran in Peshawar Syed Ibrahim Dihnavi at the KPCCI. He said that Iranian investors could also increase trade and industrial linkages in the KP.

He said that KP trade and business communities were interested to enhance trade links with Iranian traders and businessmen. He called for setting up a banking channel between Iran and Pakistan to enhance trade and business activities.

Endorsing the recommendations and suggestions put forwarded by the KPCCI, the Iranian diplomat said that he was agreed with the proposals and said that exchanging business to business delegations could increase trade and strengthen relations between Pakistan and Iran.

The Iranian diplomat formally extended invitation to the KPCCI delegations to visit to Iran's western province of Azerbaijan.