A barter trade agreement with neighboring Iran has been signed thanks to the relentless efforts of the local trader community and businessmen from across the country should take advantage of the deal.
This was claimed by President Quetta Chamber of Commerce and Industry Fida Hussain Dashti.
He added that due to this trade the business communities of both the countries would benefit greatly.
He noted that they had made a promise and it had been turned into a reality which is a great opportunity for the traders in the province.
The initiation of barter trade between the two neighboring countries will provide employment to the jobless and improve the economic condition of the country and the province, said Fida Hussain.
He said that those interested in barter trade should register with the Quetta Chamber of Commerce and Industry and start their business.
He was talking to various delegations at the Chamber.
Fida Hussain Dashti, Muhammad Ayub Mariani and Amjad Ali Siddiqui said that Pak-Iran Barter Trade Agreement was signed and necessary steps were also taken in this regard with close assistance of relevant departments and institutions to successfully implement the deal.
“The business leaders worked together with the authorities, as a result of which ID (Barter Trade Module) has been allotted to the Quetta Chamber of Commerce by Federal Board of Revenue (FBR) for barter trade and wayback automation. The system has come into effect, after which Pak-Iran barter trade is going to start,” he added.
“We are happy that the Chamber of Commerce has consulted with the stakeholders in industry and commerce,” he said, adding that another promise has been fulfilled.
He said that this has been a longstanding demand of the business community of the province as the start of barter trade will help eliminate unemployment in the province and improve the economic condition of the country and the province.
He said that it was a good news for the business community across the country that now they can do barter trade with Iran.
“Those interested in barter trade could consult and register with Quetta Chamber of Commerce and Industry to take advantage of this opportunity,” he concluded.
Published in The Express Tribune, September 1st, 2022.
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