Jun 10, 2019, 10:04 AM
Journalist ID: 1847
News Code: 83346514
1 Persons
Iran envoy calls for banking branches on Iran-Pakistan border areas

Islamabad, June 10, IRNA -- Iranian Consul General in Quetta, southwestern city of Pakistan Mohammad Rafiee urged Pakistani officials to open banking branches on border areas with Iran. He complained that absence of banking branches on border areas encouraged illegal trade between Pakistan and Iran.

Mohammad Rafiee speaking at a reception hosted by the Quetta Chamber of Commerce and Industry (QCCI) said the agreements signed between Pakistan and Iran in this regard had not been implemented so far. 



He stressed the need for effective banking facilities at the border, saying that illegal trade from the Taftan border could not be prevented until such facilities there.



National Assembly Deputy Speaker Qasim Khan Suri, QCCI president Wali Mohammad, Quetta Chamber of Small Traders and Small Industry president Jumma Badezai and other members were present on the occasion.



Mr. Rafiee said Pakistani and Iranian officials had formed a joint Pak-Iran chamber of commerce.


He said the agreement signed to enhance level of trade between the two countries in different sectors, calling for implementation of the agreements already signed and steps should be taken to remove hurdles in the way of bilateral trade.



He said relations between Iran and Pakistan were improving after the election of Imran Khan as prime minister, but still, there were some economic and trade issues which needed to be addressed in order to increase Pakistan-Iran trade volume up to $5 billion.



He said an increase in taxes and duty on Iranian items by the Pakistan government had caused an increase in illegal trade between the two countries.



Stressing the need for increasing trade between Pakistan and India, he said two more crossing points could be opened at the Taftan border. He pledged support of his country for repairing of the Pakistan-Iran railway line.



Mr. Rafiee urged Mr. Suri to make all necessary arrangements for the upcoming visit of Iranian parliamentarians to Quetta.



Speaking on the occasion, Mr. Suri said that the Pakistan government had started taking serious steps for preventing illegal trade between the two countries and stop cross-border movement of terrorists. He said that a rapid deployment force will be set up for quick response to terrorist movements on the Pakistan-Iran border areas.



He said Pakistan was facing a serious financial crisis. But, he added, Prime Minister Imran Khan after coming into power had taken some very effective measures for the national economy which would yield positive results soon.



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