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Iran and Pakistan to fast track the IP gas pipeline

World Pipelines,


Iran and Pakistan have decided to fast track discussions on Iran-Pakistan (IP) gas pipeline project in order to formulate a road map and a more realistic time schedule for the implementation of this important 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 Doctor Muhammad Javad Zarif, Foreign Minister of the Islamic Republic of Iran in Terhan today.

Sartak Aziz is currently in Tehran to participate in the 21st Meeting of the Council of Ministers of the ten member Economic Co-operation Organisation (ECO). It was agreed that comprehensive technical commercial proposals on the IP gas pipeline would be discussed in Tehran between Inter-State Gas Systems 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.

Areas of co-operation

The two Ministers reviewed in detail the bilateral co-operation, regional and global issues. They expressed satisfaction over the friendly and cordial relations between Iran and Pakistan.

Discussing various areas of co-operation between the two countries, both sides emphasized 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.

Earlier, addressing the ECO Ministerial meeting, Aziz reiterated Pakistan’s strong commitment to the aims and objectives of the organisation. Recalling the ECO’s aim at promoting sustainable economic co-operation, the Advisor remarked that it has a solid programme of co-operation, a forward looking agenda and expanding horizon of activities. He observed that ECO has made reasonable progress and needed to show a more proactive approach so that the benefits directly affect the lives of people in the region.

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

Adapted from press release by Hannah Priestley-Eaton

Read the article online at: https://www.worldpipelines.com/business-news/26112013/iran_and_pakistan_to_fast_track_the_ip_gas_pipeline/

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