PM Abbasi assures implementation of Pak-Iran gas pipeline project

ISLAMABAD – Prime Minister Shahid Khaqan Abbasi on Monday expressed his commitment to work to resolve the issues in the implementation of Iran-Pakistan (IP) gas pipeline project including the financing of pipeline infrastructure and the scope of snapback clause.

While talking to the Iranian Foreign Minister Dr Jawad Zarif in Islamabad, the prime minister expressed Pakistan’s desire to enhance mutually beneficial economic cooperation with Iran including bilateral trade, investments, and commercial interaction.

The prime minister said in order to meet the bilateral trade target of $5 billion by 2021, Pakistan and Iran should work together in all earnest.

PM Abbasi emphasized the need to deepen connectivity to harness benefits from regional economic integration. He said Pakistan was working towards realizing the vision of a peaceful and inter-connected region for shared progress and prosperity.

The premier said Pakistan believed that a peaceful and stable Afghanistan was vital for the economic progress of the region.

“Pakistan and Iran as the two neighboring Countries can make the important contribution for achieving this objective,” he said.

The Iranian foreign minister appreciated the increasing high-level interaction between the two Countries.

Dr Jawad Zarif also appreciated Pakistan’s efforts for strengthening the border management to prevent illegal cross-border activities.

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