Are Pakistan, Iran ready for joint film production?

12:35 AM | 23 Apr, 2024
Are Pakistan, Iran ready for joint film production?
Source: PID

Reports suggest Pakistan is all set to begin a groundbreaking collaboration with Iran, as it prepares to sign two Memorandums of Understanding (MoUs) aimed at enhancing cooperation in the fields of film, cinema and workforce. Approved by the federal cabinet, this move signifies a significant leap forward in the bilateral relations between the two countries, according to reports.

The ongoing visit of the Iranian president to Pakistan will serve as the platform for signing these MoUs, which encompass two main areas of focus. The first MoU emphasizes the exchange and well-being of skilled workers, while the second aims to strengthen cultural ties through collaborative film production projects.

The workforce cooperation MoU will facilitate the exchange of skilled workers between Pakistan and Iran, enhancing the capabilities of both countries' workforce. Additionally, discussions will be initiated regarding the establishment of a ‘welfare fund’ to support these workers.

The second MoU, focusing on cultural cooperation, will pave the way for joint film production ventures between Pakistan and Iran. This collaboration will also involve the exchange of delegations to gain insights into each other’s film industries. Furthermore, cultural shows will be hosted, fostering deeper connections between the two nations.

This development underscores the deepening relations between Pakistan and Iran, showcasing their shared commitment to mutual growth in both the workforce sector and the film industry.

Iranian President Ebrahim Raisi is in Pakistan on a three-day trip to discuss regional and bilateral relations days after Iran and Israel carried out attacks against each other, risking the Gaza war to expand into a regional conflict.

Raisi is scheduled to hold talks with top Pakistani leadership, including Prime Minister Shehbaz Sharif, as the two neighbours seek to mend ties after tit-for-tat missile attacks in January.

Daily Pakistan Global Web Desk


Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72


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