Regional trade: Pak-Iran border being upgraded

The minister said that Pakistan had already fulfilled Afghanistan’s demand to exempt checking of its goods on seaports


APP February 03, 2016
Country must restructure industrial sector, close porous borders, says business community. PHOTO: FILE

ISLAMABAD:


The trade infrastructure on Pakistan-Iran border is being upgraded in a bid to boost bilateral trade ties, said Minister for Commerce Khurram Dastgir.


Addressing a seminar titled ‘Regional Trade and Regional Coordination’, the Minister said, “Progress in trade relations with Iran is going well after the lifting of international sanctions, and in this connection, a third trade border post with Iran has also been made functional which would help increase local trade activities.”


He said the government had initiated a number of projects regarding regional trade, investment and regional coordination which would change the fate of the country. “Pakistan is also negotiating with western countries to take advantage of the strategic geographic presence of Pakistan to enhance investment opportunities,” he added. Concerning bilateral trade agreements with Afghanistan, the minister said that Pakistan had already fulfilled Afghanistan’s demand to exempt checking of its goods on seaports. 

Published in The Express Tribune, February 4th,  2016.

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