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ISLAMABAD: Prime Minister Shehbaz Sharif and President of Iran Seyed Ebrahim Raisi will jointly inaugurate Mand-Pishin border sustenance marketplace and the 100-MW Polan-Gabd electricity transmission line at Mand-Pishin border crossing point today (Thursday), Foreign Office said.

In a statement, Foreign Office said that one of the six border markets to be constructed along the Pak-Iran common border, the Mand-Pishin Border Sustenance Marketplace will provide a thriving platform for increasing cross-border trade, fostering economic growth and opening up new avenues of opportunity for local businesses.

Tariff agreed with Iran on additional 100MW power to Gwadar

“The Polan-Gabd Electricity Transmission Line plays a pivotal role in meeting the energy needs of the region, including households and businesses, by bringing-in additional 100 MW electricity from Iran,” it stated.

“The joint inauguration is a manifestation of the strong commitment of Pakistan and Iran to uplift welfare of residents of the neighbouring provinces of Balochistan and Sistan-o-Baluchestan, respectively. It also serves as a significant stride forward in the bilateral relationship between the two countries,” it added.

Copyright Business Recorder, 2023

Comments

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Tulukan Mairandi May 18, 2023 10:44am
The sad fact, notwithstanding the warm-looking relationship, is that Iran covets Balochistan and is involved in fomenting trouble there.
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Asia is Next May 18, 2023 10:58am
Pakistan and Iran to uplift their trade and it will help to curb the smuggling and also boost economic activities along borders.
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