Why it matters:
Iran and Pakistan, two significant Asian nations with established trade ties, seek to strengthen their relationship in different sectors including trade, transit, and costume services.
The big picture:
Recently, Iranian President Masoud Pezeshkian visited Pakistan at the head of a high-ranking economic and political delegation. During the visit, many economic agreements were signed between the two countries. Trade cooperation at borders and customs was among these agreements.
Key points:
- Tehran and Islamabad signed a bilateral agreement to establish a joint border customs gate on Monday.
What he's saying:
Foroud Asgari, Deputy Minister of Economy and Head of the Islamic Republic of Iran Customs Administration (IRICA), who accompanied the president on his trip, stated that the agreement aims to implement integrated customs controls and facilitate the digital exchange of data between the two countries.
According to Asgari, the initiative is expected to streamline cross-border trade and significantly reduce clearance times at the Mirjaveh and Taftan border checkpoints.
He noted that the agreement also seeks to enhance the movement of passengers, goods, and vehicles across the border, while improving transparency and administrative coordination.
“The agreement emphasises joint training programmes and reciprocal visits to customs facilities, ensuring its effective implementation,” Asgari added.
Go deeper:
Iran, Pakistan Agree to Establish Joint Free Trade Zone at Border
Hossein Amiri - Hossein Vaez
