Establishment of Pak-Iran border markets to help in economic growth.

ISLAMABAD -- Coordinator to Federal Tax Ombudsman and Chairman Kyrgyzstan Trade House Meher Kashif Younis has said the establishment of border markets between Pakistan and Iran would have a significant impact on the economy of both countries, besides controlling the menace of smuggling.

Talking to a delegation of industrialists led by Mian Faiz Bukhsh Arain, CEO IT Professionals on Friday, he said border markets would further facilitate trade between the two Muslim countries by providing a convenient platform for the exchange of goods and services, said a press release.

He said it would boost bilateral trade volumes, leading to increased economic activity and revenue generation for both countries, adding that it would also promote regional integration by connecting the economies of either country.

Kashif Younis said increased trade and economic cooperation were poised to strengthen ties between the two nations and foster greater collaboration in other sectors, such as energy, transportation, and infrastructure development.

He said it would create employment opportunities for local communities on both sides of the border, adding that it would also stimulate economic growth, especially in the border regions, and improve the livelihoods of people by providing them with jobs and income-generating activities.

Pakistan-Iran trade...