Sunday, June 28, 2026
114 F
Peshawar

Where Information Sparks Brilliance

HomePakistanTaftan railway station designated as land customs facility to boost Iran-Pakistan trade

Taftan railway station designated as land customs facility to boost Iran-Pakistan trade


 Iranian and Pakistani flags are seen in this illustration taken, January 18, 2024. — Reuters
  • Taftan station authorised for cargo handling and customs clearance.
  • Customs facility spans 11.75 hectares at the border crossing.
  • Decision follows talks between Pakistani, Iranian rail chiefs.

Federal Board of Revenue (FBR) has officially declared the Taftan border railway station a land customs station for import and export operations, a step expected to streamline rail-based trade, lower transport costs and strengthen formal commerce between Pakistan and Iran, The News reported, citing Iran’s IRNA news agency.

The decision came after a phone conversation between the heads of Iranian and Pakistani railways, followed by official correspondence calling for the activation of Taftan railway crossing.

Under the FBR notification, the 11.75-hectare Taftan railway station has been authorised to handle loading, unloading, customs clearance and processing of imported and exported goods. The geographical boundaries of the customs facility have also been defined, officially integrating the Taftan rail terminal into Pakistan’s customs network.

Taftan is Pakistan’s main land crossing with Iran and has long held strategic importance but has operated below its full capacity due to infrastructure limitations and the lack of comprehensive customs facilities.

Experts believe the establishment of a railway customs station will facilitate the movement of goods by rail, reduce transportation costs, speed up customs clearance and improve the organisation of cross-border trade.

The initiative is also expected to help curb smuggling and informal trade routes by streamlining documentation, inspection and customs clearance procedures while encouraging the use of formal trade channels.

The decision comes as Iran and Pakistan have repeatedly pledged in recent years to increase bilateral trade to five billion dollars, although banking restrictions, inadequate border infrastructure and logistical challenges have slowed progress toward that goal.





Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

 

Recent Comments