Bilateral Relations: Iran and Pakistan to develop closer cooperation

Pakistan and Iran agreed to enhance bilateral economic cooperation in various sectors including energy, railways, roads and trade besides realising the need for establishing Joint Shipping Company to boost maritime cooperation and mutual trade. The issues related to enhancing trade were discussed during a meeting between Iranian Ambassador Mashallah Shakiri and Deputy Chairman Planning Commission, M. Salman Faruqui here.

Speaking on the occasion, the Iranian Ambassador said that his country was ready to export electricity to Pakistan, adding that Iran was already working on Sahara hydel power project on the river Chenab and had raised its capacity from initially proposed 65 Mega Watts to 130 Mega Watts through IPP.

He also proposed the establishment of Pak-Iran Joint Shipping Company that would enhance connectivity leading to increase in bilateral trade.

Source: APP

Published by Mike Hitchen, Mike Hitchen Consulting