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Gabd terminal will formalise border trade: NLC

RAWALPINDI: The National Logistics Corporation (NLC) has said that the border terminal at the Gabd-Rimdan crossing with Iran will benefit the local people by creating employment opportunities and boost trade through formal means. The Iranian government has already set up a terminal on the Gabd-Rimdan border with latest facilities, said an NLC statement on Thursday. However, there is no check on flow of trade on the Pakistani side due to lack of such facilities and infrastructure. It was against this backdrop that NLC was approached by the Federal Board of Revenue to establish a border terminal at Gabd, it added. Currently, trade through the border crossing is largely being conducted through informal or semi-formal channels leading to smuggling, under-invoicing, unreliable weight estimates, and incorrect vehicle tallies, which undermine the revenue. The new terminal will address these issues, the NLC added. “The local populace will gain significantly from this facility, reaping substantial benefits through heightened business activities and a surge in both direct and indirect employment prospects.” The Gabd border crossing was “strategically positioned at BP-250” and land acquisition for the new terminal was carried out after an extensive planning process, it said. The corporation said that the land acquired for the terminal falls beyond the geographical limits of the existing business terminal and other local establishments. It termed the concerns reportedly raised by locals as being “totally baseless”. These apprehensions are rooted in assumptions stemming from a lack of comprehensive information about the border terminal at Gabd, it added. Published in Dawn, August 25th, 2023
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