Pakistan told Iran on Wednesday that it is committed to expediting the revival of the Pak-Iran Gas Pipeline project, as it holds immense potential for energy cooperation between the two countries.
Vahid Jalalzadeh, Chairman of the Commission of National Security and Foreign Policy of the Majlis of the Islamic Republic of Iran, led a high-level delegation called on Commerce Minister Syed Naveed Qamar on Wednesday.
The Commerce Minister stressed the importance of expediting the gas pipeline project as it holds immense potential for energy cooperation between the two countries. He pledged his commitment to resolve any obstacles and move forward with the pipeline, which would bring substantial benefits to both nations.
During the meeting, both sides agreed to explore new avenues of collaboration in the fields of aviation and trade between the two nations. They underlined the need to strengthen economic ties and emphasized the importance of increased connectivity.
Chairman Jalalzadeh proposed the initiation of direct flights between Iran and Pakistan to enhance travel and business opportunities.
Naveed Qamar acknowledged the significance of this proposal and expressed his support for establishing direct flights as a means to facilitate trade and promote people-to-people exchanges.
Recognizing the current trade volume of approximately $2 billion as insufficient, Chairman Jalalzadeh urged the need to take solid steps to increase it to a multi-billion-dollar level.
Federal Minister for Commerce echoed this sentiment and emphasized the importance of opening new border markets and implementing a barter trade system to facilitate greater commercial exchange. These measures, he believed, would contribute to a significant surge in trade volume between Iran and Pakistan.
As a sign of further bilateral cooperation, Chairman Jalalzadeh extended an invitation to the Commerce Minister to visit Iran.
Moreover, the upcoming one of the six inaugurations of the Pasheen Border on the 18th of this month was also discussed during the meeting. This border crossing, to be inaugurated by the prime minister of Pakistan and the president of Iran holds immense significance in promoting trade and connectivity between the two countries.
The opening of this border is expected to facilitate smoother movement of goods and people, further enhancing economic cooperation.
The discussions between Vahid Jalalzadeh and Syed Naveed Qamar showcased the shared commitment of Iran and Pakistan to foster closer ties in the realms of aviation and trade.
