Business · Trade · 6 hrs ago

Pakistan Suspends Trade at Two Iran Border Crossings

Pakistan Suspends Trade at Two Iran Border Crossings

Pakistan has suspended commercial trade at two crossings with Iran, Gabd-Rimdan and Taftan, citing security concerns and border management.

Pakistan says imports and exports at the crossings are stopped, leaving hundreds of goods vehicles stranded on both sides.

An Iranian chamber of commerce official says the border crossings remain open, but banking restrictions have temporarily stopped Iranian exports to Pakistan.

He says trade in the other direction, from Pakistan to Iran, continues.

The differing accounts mean the reported disruption involves both Pakistan's suspension of commercial activity and problems arranging payments for Iranian goods.

The pause matters because Gabd-Rimdan is a route for Pakistan's LPG imports, and traders warn that a prolonged disruption could affect supplies and prices.

Officials from both countries are discussing a return to normal trade, and Pakistan's Balochistan provincial adviser said the crossings could reopen soon depending on developments.

3 sources

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What people are saying

Shahid RindBalochistan chief minister’s adviser on media and political affairs
The decision was necessary to improve the security situation and administrative arrangements on both sides of the border.
via Times Today
Peyman SanandajiHead of the Tehran Chamber of Commerce transport commission
If banking restrictions continue, Iran’s exports to Pakistan will effectively remain halted.
via 24 Live Newspaper
If restrictions caused by sanctions on Iran’s banking system continue and the necessary banking operations cannot be completed, Iran’s exports to Pakistan will effectively stop.
via Star News