Tuesday, 27 October 2020 13:12

Iran: Pakistani Traders Able to Invest in Chabahar

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Iran: Pakistani Traders Able to Invest in Chabahar

2020-October-27

TEHRAN (FNA)- Iran expressed its preparedness to accept Pakistani merchants and companies for investment in Chabahar Special Economic Zone, Mirjaveh and the new Rimdan border crossing, according to Deputy Governor of Sistan and Balouchestan province Mandana Zangeneh.

Zangeneh made the remarks on Wednesday at a two-day meeting of the Pakistan-Iran Joint Border Trade Committee in Quetta, Pakistan.

"Chabahar, Mirjaveh and Rimdan of Iran are open to Pakistani investors," she said.

The official emphasized on launching of new border crossings between the two neighboring countries, especially "Rimdan-Gabd" gate next month.

“There are productive potentials between the two countries, especially [Iran’s] Sistan and Balouchestan province and [Pakistan’s] Balochistan province and we must seize these opportunities, especially in the areas of transport, trade and tourism,” she noted.

Zangeneh, announcing her country's readiness to participate in formation of border markets in Pakistan, said, "Iran can share its experience in building and operating new border markets."

The head of the Pakistani delegation, Abdul Waheed Marwat, said for his part that Iran and Pakistan have more than 900 kilometers of common border, which is called the border of peace and friendship.

"We seek to improve the lives of the border residents of the two countries, help develop employment and find mechanisms to strengthen bilateral trade," Marwat added.

He stressed that the holding of the latest meeting of the Joint Committee on Border Trade shows Pakistan's inclination and commitment to develop cooperation with Iran.

The Pakistani official agreed to allow Iranian trucks to enter Quetta and continue on to other parts of Pakistan after obtaining permission from the federal government, and to form a committee between the Zahedan and Quetta chambers to resolve financial and legal disputes.

In relevant remarks in June, Iran’s Ambassador to Islamabad Seyed Mahamamd Ali Hosseini and Pakistani Premier’s commercial advisor Adbul Razak Dawwod called for resumption of trade cooperation at the common border, and underlined the necessity for the development of bilateral economic ties despite the coronavirus outbreak.

Source:https://www.farsnews.ir/en/news/13990730000906/Iran-Pakisani-Traders-Able-Inves-in-Chabahar

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