Islamabad, Oct 17: Days after Pakistani military announced joining Saudi Arabia in fight against Tehran-backed Houthis, border trading points between Iran and Pakistan have been shut down, in a move that is likely to hurt its business and economy.
The border trade points in Taftan in Chagai district and Gwadar in Balochistan on the Iran-Pakistan frontier have been closed for all types of commercial activities.
According to reports, along with the suspension of commercial activities at the border trading points, customs officials have also halted office operations, which will impact traders, transporters, and other business individuals.
Taftan border is located in the north west part of Balochistan while Gwadar is situated in south west part of Balochistan.
Amid the mystery over the sudden closure, Chagai Deputy Commissioner posted on social media: “Trade through the Iran border has been suspended due to security reasons.”
In another post an hour later, he said, “Pakistan-Iran border closure is temporary measure to improve border management to support counterterrorism efforts. The border will be opened as soon as effective measures are in place.”
The sudden closure of the border has sent ripples of concern through business circles in Pakistan where traders fear financial losses running into billions of rupees.
Business circles in Pakistan feel that the suspension of Pakistan-Iran border trade could not only affect imports and exports but also cause losses to goods-laden vehicles, commercial goods, and individuals associated with border business.
If the border closure continues for a long period, traders in Pakistan are likely to suffer worth billions of rupees.
The trading community has asked the relevant authorities to clarify the situation and provide an explanation regarding the restoration of commercial activities.
The move comes days after Pakistan announced joining Saudi Arabia in its fight against Houthis who are supported by Iran.
Pakistan has invoked its defence agreement with Saudi Arabia to justify its military’s participation against Houthis. (NVI)
