Advertisement
Categories: BusinessNewsPakistan

Pakistan Expands Trade Corridors with Iran under TIR Framework

Advertisement

Pakistan’s government has approved new transit corridors for goods traded with Iran under the “Transit of Goods through Territory of Pakistan Order 2026.” This decision, announced by Joint Secretary (FT-II) Maria Qazi from the Ministry of Commerce, aims to bolster economic activity and connectivity.

The order allows cargo movement between Pakistan and Iran via TIR Convention routes. Key corridors include Gwadar-Gabd, Karachi/Port Qasim-Lyari-Ormara-Pasni-Gabd, and others like Karachi/Port Qasim-Khuzdar-Dalbandin-Taftan.

Quetta business leaders welcomed the move, seeing it as a significant step for regional trade. The Chamber of Commerce and Industry’s President, Haji Muhammad Ayub Mariani, noted that these corridors will boost employment in Balochistan and improve trade flows between Pakistan and Iran.

Officials highlighted that this initiative would not strain domestic industries but enhance Pakistan’s economic role, generate foreign exchange through transit fees, and ensure better use of ports like Gwadar.

Advertisement
News Desk

Recent Posts

SIMPACT 2026 Brings AI to the Forefront of Simulation Education

The Aga Khan University's (AKU) Centre for Innovation in Medical Education (CIME), Karachi, hosted SIMPACT…

5 hours ago

Meezan Bank Continues Blood Donation Drive in Partnership with The Indus Hospital

Meezan Bank, Pakistan's premier Islamic bank, once again partnered with The Indus Hospital & Health…

7 hours ago

Mobilink Bank and Yango Partner to Provide Shariah-Compliant Financing for Drivers in Pakistan

Pakistan’s leading digital microfinance bank, Mobilink Bank, and Yango, part of the global technology company…

3 weeks ago

Pakistani Freelancers’ Earnings Expected to reached $2.5 B in the Current Fiscal Year

Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…

3 weeks ago

Spotify Celebrates Atif Aslam’s Subah Aye Na with Fans and Artists in Karachi

To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…

3 weeks ago

Supernet Technologies set to raise 915 million to strengthen its working capital for growing projects!

KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…

4 weeks ago