Apr 9, 2023, 11:31 PM
News ID: 85078423
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Iran, Pakistan resume Mirjaveh-Taftan border market activities

Apr 9, 2023, 11:31 PM
News ID: 85078423
Iran, Pakistan resume Mirjaveh-Taftan border market activities

Tehran, IRNA - A border market at a major crossing between Iran and Pakistan was opened in line with a memorandum of understanding signed with Islamabad to expand trade ties.

The market at the Taftan-Mirjaveh border crossing, which had been closed by the Pakistan side, resumed its activities on Sunday.

The reopening of the border market has been among one of the more pressing demands of businesspeople in the Pakistani province of Balochistan, which borders Iran’s Sistan-Balouchestan province.

“The resumption of activity at this market will greatly enhance the economic situation of Balochistan, and most importantly, it will increase trade relations with the friendly and neighboring country of Iran,” said Pakistani Senate Speaker Mohammad Sadegh Sanjarani.

Iran’s Consulate in Quetta, in southwestern Pakistan, played a key part in reopening of the border market.

In January, Iran and Pakistan signed a series of memoranda of understanding (MoUs), which, if implemented, could help elevate trade volumes between the two neighboring countries to around $5 billion per year.

The Taftan-Mirjaveh border crossing is a main checkpoint through which trade is carried out between Iran and Pakistan by road, boosting overall bilateral trade and providing economic sustenance for residents on either side of the border.

**2050

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