ISLAMABAD: Prime Minister’s Adviser for Commerce and Investment Abdul Razak Dawood has announced that the Memorandum of Understanding (MoU) to establish border markets along the border was signed between Pakistan and Iran in April 2021.
In a statement on Tuesday, the adviser said that three border markets are now being established in Gabd, Mund, and Chedgi areas in Balochistan near Pakistan’s border with Iran.
Abdul Razak Dawood said that these border markets will not only enhance Pakistan-Iran bilateral trade but it would also provide economic opportunities and sustenance to people residing in the border areas.
The MoU was signed during Foreign Minister Shah Mehmood Qureshi’s official tour of Iran where he met Iran President Hassan Rouhani and other senior members of the Iranian government.
Earlier, Iranian Foreign Minister Javad Zarif tweeted about the MoU as well and shared pictures of him and Qureshi signing the official document.
In his meeting with FM Qureshi earlier, Rouhani expressed the desire to further enhance Iran’s bilateral relations with Pakistan in trade, investment, connectivity, and border management.
The two met at the Presidential Palace in Tehran.
The foreign minister, on behalf of President Dr Arif Alvi and Prime Minister Imran Khan, conveyed a message of goodwill to President Rouhani and the brotherly Iranian nation.
FM Qureshi said under PM Imran Khan’s vision, the government was committed to strengthening bilateral relations with Iran as well as promoting bilateral cooperation in various fields of mutual interest.
He said the two countries had a cordial, close and strong relationship based on common history, culture, religion, and language.