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

X post facto
Updated 19 Apr, 2024

X post facto

Our decision-makers should realise the harm they are causing.
Insufficient inquiry
19 Apr, 2024

Insufficient inquiry

UNLESS the state is honest about the mistakes its functionaries have made, we will be doomed to repeat our follies....
Melting glaciers
19 Apr, 2024

Melting glaciers

AFTER several rain-related deaths in KP in recent days, the Provincial Disaster Management Authority has sprung into...
IMF’s projections
Updated 18 Apr, 2024

IMF’s projections

The problems are well-known and the country is aware of what is needed to stabilise the economy; the challenge is follow-through and implementation.
Hepatitis crisis
18 Apr, 2024

Hepatitis crisis

THE sheer scale of the crisis is staggering. A new WHO report flags Pakistan as the country with the highest number...
Never-ending suffering
18 Apr, 2024

Never-ending suffering

OVER the weekend, the world witnessed an intense spectacle when Iran launched its drone-and-missile barrage against...