Pakistan, June 29 -- Federal Board of Revenue (FBR) has officially declared the Taftan border railway station a land customs station for import and export operations, a step expected to streamline rail-based trade, lower transport costs and strengthen formal commerce between Pakistan and Iran.

The decision came after a phone conversation between the heads of Iranian and Pakistani railways, followed by official correspondence calling for the activation of Taftan railway crossing.

Under the FBR notification, the 11.75-hectare Taftan railway station has been authorised to handle loading, unloading, customs clearance and processing of imported and exported goods. The geographical boundaries of the customs facility have also been defined, of...