Iranian President Mahmoud Ahmadinejad said that there is no obstacle currently to expand barter trade with other countries, particularly Pakistan, IRNA reported.
Ahmadinejad made the remarks in a meeting with the visiting special envoy of Pakistani President Asif Ali Zardari in Tehran.
"Iran and Pakistan are two big neighbourly countries with vast potentials for cooperation," the president said.
Referring to the approximate value of US$80 billion of annual imports of goods from Pakistan by Iran, Ahmadinejad noted that the Islamic Republic of Iran chose to import goods as much as possible from Pakistan in order to benefit Pakistan.
The president noted that Iran is also ready to export energy and electricity to Pakistan.
The Pakistani special envoy said that Pakistan's policy of cooperation with Iran is based on the enhancement of bilateral ties.
He noted that Pakistan prioritised expansion of ties with Iran and is always thankful to Iran for its assistance to Pakistan's progress and development.