Pakistan, Iran agree to remove impediments to barter trade

ISLAMABAD: Pakistan and Iran Wednesday agreed to remove the irritants in the barter trade for increased economic activities between the two neighbouring countries.

Ambassador of Iran to Pakistan H.E. Dr. Reza Amiri Moghaddam called on Chairman Federal Board of Revenue Malik Amjed Zubair Tiwana today at FBR HQs. Member Customs (Ops)was also present on the occasion.

During the meeting, the two sides discussed matters pertaining to customs, cross border trade and management for smooth flow of bilateral trade between the two countries. They agreed to remove the irritants in the barter trade for increased economic activities between the two neighbours.

The two sides also agreed on early operationalisation of gate at Rimdan-Gabd crossing point for facilitation of traders and enhanced cross border trade.

The Iranian ambassador said that expansion of parking area on Taftan side would facilitate Iranian trucks. He also requested to allow free movement of Iranian trucks at least up till Quetta. Chairman FBR apprised him of the legal hurdles in this regard, however, he assured to look into the matter. It was also agreed that both sides will work on sharing trade related data digitally through Electronic Data Interchange (EDI) system.

The Iranian ambassador also invited a delegation comprising of officers of Pakistan Customs and other relevant Departments of Pakistan to Iran for a meeting to resolve all border related issues between the two brotherly countries.

Copyright Business Recorder, 2023