...

Iran welcomes Pakistani investment in Chabahar

Business Materials 22 October 2020 09:40 (UTC +04:00)

TEHRAN, Iran, Oct.21

Trend:

Iran is ready to host Pakistani businessmen and companies who are interested in investing in Chabahar Special Economic Zone, said the deputy governor of the southeastern province of Sistan and Baluchestan.

"The gates of Chabahar Special Economic Zone, Rimdan and Mirjaveh are open to Pakistani investors," said Mandana Zangeneh, Trend reports citing IRNA.

"The two countries have proper capacities for cooperation especially between Sistan and Baluchestan Province and Pakistan Baluchestan. We should use these opportunities in transportation, trade, and tourism sector," she said during the 8th joint border trade committee held in the city of Quetta.

"Iran and Pakistan have agreed that new border crossings between borders specially Rimdan – Gabd region be launched in the coming month," she added.

"Iran is ready to participate in launching border markets in Pakistan and share its experiences in terms of operating border markets," she noted.

The head of the Iranian delegation has also proposed to increase the customs working hours at the Mirjaveh-Taftan border checkpoint to 12 hours per day from November 1, 2020, and increase it to 24 hours in the next three months.

The official has indicated that the country is ready to launch a barter mechanism next month and establish a separate gate in the Mirjaveh border for Pakistani businessmen, and issue permits for Pakistani investors to build cold storage warehouse. Pakistan has also requested Iran to provide health instructions for the export of fruit to Iran and vice versa.

Iran has agreed to allocate land for the construction of cold storage warehouse by the Pakistani side, while the two countries will establish two separate barter committees in Zahedan and Quetta Chambers of Commerce to solve the financial and legal issues of businessmen.

Tags:
Latest

Latest