LAHORE: The Pakistan Business Forum (PBF) has welcomed the inauguration of the Pak-Iran border market and suggested the coalition government to revive cargo train service among Pakistan, Iran and Turkiye to get maximum benefit of formal trade among the three countries.
In a statement, PFB leader Ejaz Tanveer said a successful experience has already been done in the near past and should be initiated on a permanent basis which could lead to an increased trade among these three countries by providing a faster, more cost-effective and more reliable transportation option for goods.
He said this could lead to increased economic growth and job creation as Turkiye is the gateway to Europe while a cargo train can travel to Europe in just 15 days via Turkiye.
“Pakistan should take advantage of this strategic location of Turkiye and introduce a more reliable and safe transportation mode for cargo.”
He said it could diversify Pakistan’s trade routes, reducing the country’s reliance on sea and air transportation, which can be affected by geopolitical tensions and other risks.
Tanveer further said the cargo train project could also provide a boost to Pakistan’s logistics industry by creating new opportunities for logistics providers, freight forwarders, and other businesses involved in the transportation of goods.
