• About
  • Advertise
  • Privacy & Policy
  • Contact
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
No Result
View All Result
Home Business

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

by Sub News
April 27, 2026
New transit framework with Iran to position Pakistan as regional trade hub: ICCI
Share on WhatAppShare on XShare on Facebook

Islamabad, April 27,2026: Acting President of the Islamabad Chamber of Commerce and Industry (ICCI), Tahir Ayub, along with Acting Senior Vice President Irfan Chaudhry, has warmly welcomed the federal government’s recent decision to facilitate the transit of goods through Pakistan to Iran under the newly notified Transit of Goods through Territory of Pakistan Order 2026.

In a statement issued here on Monday, they stated that this landmark initiative reflects the government’s strategic vision to position Pakistan as a key regional trade and transit hub. The new framework allows goods originating from third countries to pass through Pakistan en route to Iran via designated corridors, including Gwadar, Karachi, and Taftan, under a regulated customs mechanism.

Tahir Ayub observed that the decision would significantly streamline cross-border trade, reduce logistical bottlenecks, and enhance the efficiency of supply chains. He noted that by formalizing transit corridors and introducing clear procedures such as customs security and cross-stuffing provisions, the government has created a structured and transparent system that will boost trader confidence and attract international cargo flows.

He further emphasized that the inclusion of multiple transit routes connecting ports like Gwadar and Karachi to Iran through Balochistan will not only improve connectivity but also stimulate economic activity in underdeveloped regions. He termed the initiative a “game changer” for Pakistan’s logistics, transport, and warehousing sectors.

Acting Senior Vice President Irfan Chaudhry highlighted that the move comes at a crucial time when regional trade dynamics are evolving rapidly. He said the new transit arrangement would strengthen Pakistan’s economic ties with Iran and other regional economies while offering an efficient alternative route for international trade. He added that smoother cargo movement would help ease congestion at ports and unlock new business opportunities for Pakistani traders and transporters.

He further stressed that this development would enhance Pakistan’s credibility as a reliable trade corridor linking South Asia, Central Asia, and the Middle East. “With improved regulatory clarity and designated transit routes, Pakistan is well on its way to becoming a preferred transit destination,” he remarked.

Tags: “game changer”Acting PresidentEconomyGwadarICCIIslamabadIslamabad Chamber of Commerce and IndustryKarachiPakistanTaftanTahir AyubTransit of Goods through Territory of Pakistan Order 2026
Previous Post

Pakistan felicitates South Africa on Freedom Day

Next Post

SBP raises policy rate to 11.5% after nearly three years

Related Posts

Philippine Ambassador receives ADB Pakistan delegation, discusses development cooperation
Business

Philippine Ambassador receives ADB Pakistan delegation, discusses development cooperation

Islamabad, June 18, 2026: Philippine Ambassador to Pakistan Emmanuel R. Fernandez welcomed a delegation from the Asian Development Bank (ADB)...

by Sub News
June 18, 2026
ICCI hails Islamabad MoU as diplomatic triumph, calls for reduction in fuel prices
Business

ICCI hails Islamabad MoU as diplomatic triumph, calls for reduction in fuel prices

Islamabad, June 18, 2026: President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has welcomed the...

by Sub News
June 18, 2026
Senate finance committee completes review of Finance Bill 2026-27, finalizes budget recommendations
Business

Senate finance committee completes review of Finance Bill 2026-27, finalizes budget recommendations

Islamabad, June 17, 2026: The Senate Standing Committee on Finance and Revenue has completed its comprehensive review of the Finance...

by Sub News
June 17, 2026
Pakistan, Rwanda explore ways to boost trade and economic cooperation
Business

Pakistan, Rwanda explore ways to boost trade and economic cooperation

Islamabad, June 17, 2026: Pakistan and Rwanda have reaffirmed their commitment to strengthening bilateral economic relations, with both sides exploring...

by Sub News
June 17, 2026
Next Post
SBP raises policy rate to 11.5% after nearly three years

SBP raises policy rate to 11.5% after nearly three years

Breaking News

  • Azerbaijan congratulates Pakistan on US-Iran Islamabad MoU, praises mediation efforts
  • Philippine Ambassador receives ADB Pakistan delegation, discusses development cooperation
  • Turkmenistan, Pakistan explore expanded cooperation in higher education and scientific research
  • Veteran cricket journalist and broadcaster Qamar Ahmed passes away at 88
  • Pak-Egypt FMs discuss Islamabad MoU
Sub News

© 2026 subnewsenglish.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC

© 2026 subnewsenglish.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.