Tehran, Islamabad Agree to Expand Port Cooperation
Economy, Domestic Economy

Tehran, Islamabad Agree to Expand Port Cooperation

 Chairman of the Majlis Commission for National Security and Foreign Policy Alaeddin Boroujerdi said Pakistan and Iran have agreed to expand cooperation between Gwadar and Chabahar ports for connecting these two seaports with Central Asian states and China for promoting greater regional cooperation.
Speaking at a news conference on Friday, the visiting Iranian official stated that the two counties have also agreed to enhance bilateral trade to $5 billion from the existing $ 1 billion, adding the there is a great deal of potential to increase the unsatisfactory volume of two-way trade between the neighboring countries. 
“Gwadar and Chabahar are sister ports and they will help boost trade between the two countries,” Boroujerdi was quoted as saying by Pakistan’s biggest financial daily Business Recorder.
Referring to the Iran-Pakistan Gas Pipeline project, the Iranian official said the project is the top priority of the two countries and noted that Iran has already completed the installation of 70-km-long pipeline up to Pakistan’s border.
The Iran–Pakistan gas pipeline, also known as the Peace Pipeline, is an under-construction 2,775-kilometer pipeline to deliver natural gas from Iran to Pakistan.


Short URL : https://goo.gl/iszxpi
  1. https://goo.gl/hZW5xd
  • https://goo.gl/MXCfZY
  • https://goo.gl/2cpst4
  • https://goo.gl/NvaLD1
  • https://goo.gl/tDu1Gg

You can also read ...

INTA Defends Monitoring of Bank Transactions
Head of the Iranian National Tax Administration Kamel Taqavi-...
TCI to Unveil eWallet
The local fixed-line operator Telecommunications Company of...
Democratic Senators Amy Klobuchar (L) and Mark Warner introduced the Honest Ads Act, in Washington, D.C. on Oct. 19.
A bipartisan group of US senators took the first steps this...
Iran-Iraq Bank Can Help Boost Trade
The head of Iran-Iraq Chamber of Commerce believes that the...
Banks’ Fiscal H1 Loan Portfolio at $68b
The Iranian banking system paid out 2.7 quadrillion rials ($67...
Iran Biggest Mideast Producer, Consumer of Footwear
Iran is the biggest producer and consumer of footwear in the...
The cost of releasing an album in the European countries is far higher than in Iran.
It’s tough to be a musician in Iran and tougher for music...
Census Mode to Change  in 4 Years
The traditional method of conducting population census based...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.