Iran and Pakistan have signed their first barter trade agreement to exchange Pakistani rice with Iranian LPG, marking a watershed in a quest to overcome the biggest hurdle to business between the two big neighbors.      

Iran would seek to attract investment into its energy projects through a barter system involving crude.

Iran’s trade minister says Pakistan should decide if it wants to barter its rice with Iran’s electricity.

Japan’s Kyodo News agency has revealed how a bid by outgoing Prime Minister Shinzo Abe to barter Iranian crude oil for US grain failed last year because of Washington’s stonewalling.

Head of Iran’s food and drug agency say the country is bartering Iranian-made medicine for food.

Iran is to sign a fist contract to barter oil for restoration of a power plant near the capital Tehran.

An Iranian minister is in Pakistan to build on an agreement to start barter between the neighbors.