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Home Business

PM, Iranian president to open border projects today

by News Publishing
May 18, 2023
in Business
Reading Time: 1 min read
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PM, Iranian president to open border projects today
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Prime Minister Shehbaz Sharif and Iranian President Seyed Ebrahim Raisi will jointly launch the Mand-Pishin border sustenance bazaar and the 100-MW Polan-Gabd power transmission line at the Mand-Pishin border crossing point, according to the Foreign Office.

The Foreign Office stated in a statement that the Mand-Pishin Border Sustenance Marketplace, one of six border markets to be built along the Pak-Iran common border, will provide a thriving platform for increasing cross-border trade, fostering economic growth, and opening new avenues of opportunity for local businesses.

“By bringing in an additional 100 MW of electricity from Iran, the Polan-Gabd Electricity Transmission Line plays a pivotal role in meeting the energy needs of the region, including households and businesses,” it said.

“The joint inauguration demonstrates Pakistan and Iran’s strong commitment to improving the welfare of residents of the neighboring provinces of Balochistan and Sistan-o-Baluchestan, respectively.” It also represents a big step forward in the two countries’ bilateral relationship,” it added.

Tags: iranian presidentlatestopen border projectsPM shehbaz sharif

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