ISLAMABAD: Pakistan and Iran have agreed to hold a Joint Economic Commission in Islamabad to consolidate bilateral cooperation between the leaderships of the two countries.
The focus of this cooperation will be on development of gas pipeline and electricity.
Finance Minister Senator Mohammad Ishaq Dar met the Iranian Finance Minister Ali Tayyebnia while attending World Bank and International Monetary Fund (IMF) meetings in Washington. Both ministers discussed matters of mutual interest.
Senator Dar informed his Iranian counterpart that the government had approved the 700-kilometre section of the pipeline from Gwadar to Nawabshah and that Pakistan was considering various alternatives to meet the financial requirements.
According to a press statement issued by the finance ministry, the Iranian finance minister appreciated Pakistan’s resolve in completing 700km portion of Iran-Pakistan Gas pipeline and expressed hope that in future more pipeline projects between the two countries will materialise.
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