Tag: IraN

Free Trade Agreement likely in Iran president’s visit to Pakistan: envoy

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pak-iran

ISLAMABAD: Iranian Ambassador Dr Reza Amiri Moghadam said on Thursday that a Free Trade Agreement (FTA) is likely to be finalised in the upcoming visit of Iranian President Ebrahim Raisi to Pakistan.Addressing the business community during his visit to the Islamabad Chamber of Commerce and Industry (ICCI), the Iranian envoy said the FTA would increase mutual trade and several bilateral economic and trade agreements would also be signed during the visit.He also said that the two countries need to have strong air, maritime and sea links, which will strengthen the…

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Resurrecting dead IP gas pipeline project

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Oil-and-Gas

ISLAMABAD: Iranian Foreign Minister Hossein Amir Abdollahian on Monday presented a workable solution with regard to the completion of the Iran-Pakistan gas pipeline project with a proposal that the project can be financed by China and Russia if Islamabad is facing resistance because of the US sanctions on Tehran. The proposal was presented by the visiting Iranian foreign minister during delegation-level talks with caretaker Foreign Minister Jalil Abbas Jilani upon his day-long visit in the wake of the recent tension between the two countries, sources privy to the development told Business…

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Iran’s FM to visit Pakistan on Jan 29 following restoration of diplomatic ties

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Pakistan-Iran

ISLAMABAD – Iran’s foreign minister Hossein Amir Abdollahian will arrive in Pakistan on January 29 as Islamabad and Tehran decided to restore diplomatic ties, the Foreign Office (FO) said on Monday. The development comes amid the de-escalation of ties between the neighboring countries following an Iranian air raid in Balochistan, after which Islamabad hits back at Iran’s Sistan-Baluchestan province. In a statement, the Foreign Office said a telephone conversation between two foreign ministers of Pakistan and Iran was held and it has been mutually agreed that ambassadors may return to…

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Iran serves new notice on Pakistan for delay in IP gas line project

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iran-gas-pipeline

Pakistan received the latest notice almost 10 days ago, top government officials told The News ISLAMABAD: Iran has issued a third notice to Islamabad, renewing its intention to move the arbitration court for not laying the pipeline as part of the IP gas line project. The project has been facing delays since 2014. Pakistan received the latest notice almost 10 days ago, top government officials told The News. “Iran earlier asked Pakistan in Nov-Dec 2022 in its second notice to construct a portion of the Iran-Pakistan gasline project in its territory…

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