Pakistan Iran pipeline project to be completed

Pakistan Iran pipeline project to be completed

TEHRAN - Acting Chairman of the Senate Saleem Mandviwalla has said that Pakistan is keen on complementing a long-awaited gas pipeline project with Iran as soon as possible.

He made the announcement in a Wednesday meeting with Iranian Ambassador to Islamabad Mehdi Honardoost.

During the meeting, the Saleem Mandviwalla expressed hope that the major project would see its bright days in the near future.

Back in March 2016, Iranian President Hassan Rouhani told reporters in Islamabad that the gas pipeline had already been completed on the Iranian side.

The joint project was launched in 2010, aimed at construction of 1,800 kilometers of pipeline from Iran to Pakistan. Iran has made over $2 billion of investment in the project.

Mandviwalla also highlighted the need to increase volume of trade transactions and investment between the two countries, calling for the resumption of activities of Iran-Pakistan investment company; “The move will benefit both sides and can provide an effective channel for joint trade and investment,” he added.

Acting Chairman of the Senate further maintained that Tehran and Islamabad share common views on regional and international issues, stressing that there are ample opportunities for the two sides to further develop bilateral relations.