TEHRAN- The CEO of the Chabahar Free Zone Organization met with the new Pakistani ambassador and emphasized the development of Iran-Pakistan cooperation centered on Chabahar-Gwadar and the creation of the Rimdan-Gabd joint free zone.
Iran and Pakistan Focus on Economic Cooperation through Chabahar-Gwadar Development
The CEO of the Chabahar Free Zone Organization met with the new Pakistani ambassador to discuss enhancing Iran-Pakistan cooperation focused on the Chabahar-Gwadar region and establishing the Rimdan-Gabd joint free zone. This collaboration aims to strengthen economic ties between the two countries.
👥 Key Players
📰 What Happened
The CEO of the Chabahar Free Zone Organization met with the new Pakistani ambassador to discuss enhancing economic cooperation between Iran and Pakistan, focusing on the development of the Chabahar-Gwadar region and the establishment of a joint free zone.
- The Chabahar port is a strategic point for Iran, providing access to the Indian Ocean.
- Gwadar port in Pakistan is a key part of China's Belt and Road Initiative, enhancing regional connectivity.
💡 Why It Matters
📚 Background
Chabahar is Iran's only oceanic port, while Gwadar is a key port for Pakistan, both serving as strategic trade hubs in the region. Their development is seen as vital for enhancing economic ties between the two countries.
🏷️ Entities Mentioned
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