Issue Brief on “Enhancing Pakistan-Iran Economic Relations: Exploring Prospects in Trade and Connectivity”

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On May 18, 2023, Prime Minister Shehbaz Sharif and Iranian President Ebrahim Raisi inaugurated the first border market at the Mand-Pishin crossing-point of the Pakistan-Iran border, marking a significant milestone in their joint efforts to enhance cross-border trade and strengthen the overall economic relationship. This is one of the six border markets to be constructed along the Pakistan-Iran common border. Additionally, the two leaders launched the Polan-Gabd Electricity Transmission Line, expected to transmit an additional 100MW of electricity from Iran to Pakistan. This transmission line serves as a supplement to the electricity obtained from Iran for the broader Makran region through the 132 KV Makran Division electricity transmission line.[1] The availability of this extra 100MW of electricity from Polan-Gabd will help alleviate the energy needs of households and businesses in Balochistan.

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