Iran and Pakistan to fast track gas pipeline

Published November 26, 2013
Iranian Foreign Minister Mohammad Javad Zarif (C) poses for a picture with his counterparts from Pakistan, Sartaj Aziz (L), and Turkey, Ahmet Davutoglu, during the opening session of a two-day ministerial conference of the Economic Cooperation Organisation (ECO), which groups 10 Asian and Eurasian countries, in Tehran. -AFP Photo
Iranian Foreign Minister Mohammad Javad Zarif (C) poses for a picture with his counterparts from Pakistan, Sartaj Aziz (L), and Turkey, Ahmet Davutoglu, during the opening session of a two-day ministerial conference of the Economic Cooperation Organisation (ECO), which groups 10 Asian and Eurasian countries, in Tehran. -AFP Photo

TEHRAN: The Ministry of Foreign Affairs on Tuesday said that Iran and Pakistan have decided to fast track discussions on IP Gas Pipeline Project in order to formulate a road map and a more realistic time schedule for the implementation of the project.

This was one of the important outcomes of a meeting between Sartaj Aziz, Pakistan Prime Minister's Advisor on National Security and Foreign Affairs and Muhammad Javad Zarif, Foreign Minister of Iran in Tehran on Tuesday.

"Mr Sartaj Aziz is in Tehran to participate in the 21st Meeting of the Council of Ministers of ten member Economic Cooperation Organisation," a Foreign Office press release said.

It was agreed that comprehensive technical commercial proposals on the IP Gas Pipeline would be discussed in Tehran between Inter-State Gas System Ltd of Pakistan and the Iranian nominated company Tadbir Energy Gaspar Iranian Co. in the first week of December.

This will be followed by ministerial level discussions. The two ministers reviewed in detail the bilateral cooperation, along with regional and global issues.

They expressed satisfaction over the friendly and cordial relations between Iran and Pakistan.

Both sides emphasised the need to put greater focus on bilateral economic relations. It was also agreed to hold the next round of Joint Ministerial Commission in Tehran early next year, the press statement said.

Earlier, addressing the ECO Ministerial meeting, Sartaj Aziz reiterated Pakistans strong commitment to the aims and objectives of the organisation.

Recalling the ECOs aim at promoting sustainable economic cooperation, the advisor remarked that it had a solid program of cooperation, a forward looking agenda and expanding horizon of activities, the statement read.

He observed that ECO had made reasonable progress and needed to show more proactive approach so that the benefits directly affect the lives of the people of the region.

Aziz had separate bilateral meetings with Ahmet Davutoglu, Foreign Minister of Turkey and B. Taganov, Minister of Economy and Development of Turkmenistan.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...
Ties with Tehran
Updated 24 Apr, 2024

Ties with Tehran

Tomorrow, if ties between Washington and Beijing nosedive, and the US asks Pakistan to reconsider CPEC, will we comply?
Working together
24 Apr, 2024

Working together

PAKISTAN’S democracy seems adrift, and no one understands this better than our politicians. The system has gone...
Farmers’ anxiety
24 Apr, 2024

Farmers’ anxiety

WHEAT prices in Punjab have plummeted far below the minimum support price owing to a bumper harvest, reckless...