Iran’s President to talk trade in upcoming Pakistan visit

Tehran: Iran’s President Mahmoud Ahmadinejad will pay an official visit to Islamabad to hold talks with Pakistan leaders on a joint multi-billion-dollar gas pipeline project, a top Iranian official said according to Press TV.

Iranian Vice President for International Affairs Ali Saeedlou added transfer of Iran’s gas to Pakistan, providing power and electricity to neighbouring country and expanding bilateral cooperation in rail and air transportation are among key issues on the agenda of President’s talks with Pakistani leaders.

He said in view of Pakistan’s need for electricity and Iran’s great potentials in the field, export of electric power to the country will be discussed. Both sides would also confer on border cooperation and ways to expand border trade, he added. Iran and Pakistan have agreed to expand their bilateral trade to over $5 billion.

Iran, Pakistan gas pipeline project is meant to export a daily amount of 21.5 million cubic meters (8.7 billion cubic meters per year) of Iranian natural gas to Pakistan. The maximum daily gas transfer capacity of 56-inch pipeline, which runs over 900 km on Iran’s soil from Asalouyeh in Bushehr Province to city of Iranshahr in Sistan & Balochistan Province, is said to stand at 110 million cubic meters.

Leave a Reply