Pakistan suspends Iran trade corridors over security concerns

Pakistan closes border crossings with Iran to address smuggling and security risks.

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Pakistan suspends Iran trade corridors over security concerns

Pakistan closes border crossings with Iran to address smuggling and security risks.

In brief

Pakistan closes border crossings with Iran to address smuggling and security risks. Pakistan suspended trade with Iran through key border crossings due to security and smuggling concerns, risking LPG shortages and economic disruption. Originally reported by Dawn.

Pakistan suspends Iran trade

Pakistan suspended trade with Iran through Gabd-Rimdan and Taftan border crossings on Saturday.

Ministry withdraws trade order

The Ministry of Commerce issued a memorandum on Friday withdrawing its earlier order dated Oct 3 with immediate effect.

Balochistan official explains closure

Shahid Rind, Balochistan chief minister's media adviser, said the closure addresses security concerns and prevents smuggling.

Rind refutes social media rumors

Rind urged the public not to pay attention to unverified information about the border closure on social media.

Border improvements expected

Rind stated that the Pak-Iran border is likely to reopen soon with a coordinated system to improve border affairs.

Iran's foreign ministry response

Iran's foreign ministry spokesperson attributed the closure to technical issues and said consultations would resume.

Quetta chamber advises halt

The Quetta Chamber of Commerce and Industry advised businesses to stop new import and export orders with Iran.

Stranded freight vehicles

Hundreds of freight vehicles carrying LPG, rice, and fresh fruit were stranded on both sides of the border.

Gabd-Rimdan trade significance

The Gabd-Rimdan crossing imported over 4,000 tonnes of LPG daily and saw surging rice exports generating millions in foreign exchange.

LPG shortage risks

Sources warned the closure could worsen LPG shortages in Karachi and other parts of Pakistan.

Taftan route disruptions

The Taftan route already faced disruptions amid Balochistan unrest, with the Gabd-Rimdan suspension pushing up LPG prices.

Trade disruption impacts

Local traders warned the closure could cause substantial losses to the national exchequer and energy crises.

Recent trade measures

Since March, Islamabad and Tehran rolled out measures to facilitate border trade including customs procedures and transit routes.

Recent diplomatic visit

In early August, an Iranian delegation visited Islamabad for the 10th session of the Pak-Iran Joint Trade Committee.

The takeaway

Pakistan suspended trade with Iran through key border crossings due to security and smuggling concerns, risking LPG shortages and economic disruption.

Read the original on Dawn

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