AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday notified Gabd (Gwadar) as International Road Transport (TIR) border crossing point according to the TIR Convention 2017.

Pakistan became a member of TIR Convention 2017 which has 77 contracting parties including China, Afghanistan, Iran, Turkey and all Central Asian Republics (CARs).

After becoming member, Pakistan notified sea and land border points as TIR crossings i.e., Sust (Khunjerab) with China, Torkham and Chaman with Afghanistan, Taftan with Iran and Gwadar and Karachi are two sea ports, said a press release issued by FBR here.

In December, 2020 Gabd (Pakistan)-Reemdan (Iran) has been upgraded to international border crossing and now passengers/drivers can cross this border with valid visa.

Consequently, FBR has notified Gabd as TIR border crossing point vides SRO. 622(I)/2021 dated 28th May, 2021. Gabd is located at a distance of 87 Km from Gwadar on Pak-Iran border and end point of Coastal Highway (N-10).

Gabd is located at a distance of 137 km from Chahbahar Port and this Gabd-Reemdan route will play a vital in connecting the two ports of Gwadar and Chahbahar and thus synergizing their potentials.

Moreover, it provides additional route from Coastal areas of Balochistan and Sindh to Iran and Turkey and Azerbaijan in addition to already available route of Taftan-Mirjaveh (Iran).

Recently, all stakeholders have focused on the development of TIR regime and TIR operations have gained momentum. In May 2021, one Pakistani vehicle took herbal medicines to Uzbekistan under TIR.

While three vehicles, two from Turkmenistan and one Uzbekistan, brought Grey Fabric and cattle hides respectively under TIR.

On return these vehicles transported back sports goods from Pakistan.

Recently, more logistic companies have shown interest in entering TIR operations and after approval of their applications by TIR National Approval Committee; their vehicles are under inspection for granting of necessary authorizations.

The objective of the TIR Convention is to facilitate international transit through simplified and hassle free Customs transit procedures and an international guarantee system.

Customs procedure takes place at origin and destination rather than at each border crossing, using a single guarantee. En-route, the customs seals are checked to secure the cargo.

Comments

Comments are closed.