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Payman Sanandaji: The Borders of Iran and Pakistan are Open for Trade
Economy

Payman Sanandaji: The Borders of Iran and Pakistan are Open for Trade

منبع تصویر: hamshahrionline.ir

By Euronews Farsi Editorial 3 min Read time 36,317

Payman Sanandaji denied the news of the closure of one of the common border crossings between Iran and Pakistan, emphasizing that the land borders of the two countries remain open. This comes as new banking requirements for Pakistani importers have posed challenges to Iran's exports to this country.

Status of Land Trade between Iran and Pakistan

Sanandaji discussed the latest status of land trade between Iran and Pakistan, stating: "Yesterday, a fake letter regarding the closure of one of the common border crossings between the two countries was circulated, while such a letter is not true and the common border of Iran and Pakistan is still open for land trade." He pointed out the problems arising in the path of Iran's exports to Pakistan, adding: "Pakistani importers must submit an electronic import form to their banking network for shipments purchased from Iran."

Banking Challenges and Their Impacts

Sanandaji stated: "Given the sanctions on Iranian banks and the existing limitations in the country's banking system, carrying out this process has become difficult and has created problems for Iranian exporters and Pakistani importers." He also noted that the possibility of importing goods from Pakistan to Iran still exists, but it needs to be determined how prepared the Pakistani side is to continue commercial cooperation with Iran.

Sanandaji expressed concern about the continuation of banking restrictions and the lack of possibility to carry out necessary processes, saying: "This situation could effectively halt Iran's exports to Pakistan." He also discussed the potential effects of these restrictions on the activities of exporters and transportation companies, adding: "The export process that was previously carried out to Pakistan may face disruptions and delays."

Need for Cooperation and Consultation

He also mentioned that pursuing and resolving this issue requires negotiation and coordination among the responsible authorities, and the Ministry of Foreign Affairs should also be accountable in this regard. Sanandaji emphasized that no specific timeline can be announced for lifting the restrictions, stating: "If these conditions persist, the activities of Iranian exporters in the Pakistani market will face serious challenges. Therefore, it is necessary to prioritize actions and consultations to prevent disruptions in the trade exchanges between the two countries."

Source: hamshahrionline.ir