Iran ready to supply 1000-3000MW electricity to Pakistan

The Iranian Ambassador Mehdi Honardoost said that if Pakistan signed an agreement, Iran would be ready to deliver 1,000-3000 MW to Pakistan. He said the Iranian gas pipeline project (IP) could address the energy problems of Pakistan and bring many benefits to the economy by providing cheap energy supplies.

He said that Iran had spent millions of dollars to bring gas pipelines to Pakistan’s border, but there was no progress on the part of Pakistan. He spoke to the business world during his visit to the Chamber of Commerce and Industry of Islamabad (ICCI).

The Iranian ambassador said that although the Pakistani trade had improved to 1.2 billion dollars in 2017, it did not reflect the real potential of both countries. He said Iran is trading billions of dollars with other regional countries and calls on the Pakistani economy to fully exploit the potential of trade with Iran.

He said that there are some technical discussions about bank channels, but the ball was now in the Pakistani court, as Iran was ready to make a final agreement with Pakistan to help the private sector of both countries in banking operations for bilateral trade.

He said the Iranian President had traveled to Pakistan twice a year, which showed the seriousness of his country to promote trade and economic relations with Pakistan. He said that much time has been lost, and that Pakistan should now make a strong effort to promote economic cooperation with Iran for the better future of two nations. He assured that his message would extend the entire possible cooperation to the Pakistani business world to explore Iran for business prospects.

admin Author

Leave a Reply

Your email address will not be published. Required fields are marked *