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Iran wants to provide cheap energy for Pak industrial progress: Envoy

byCT Report
19/03/2016
in Business
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ISLAMABAD: Iranian Ambassador to Pakistan Mehdi Hoonardost, welcoming Pakistan’s $16 billion LNG gas agreement with Qatar, said that Turkmenistan, Afghanistan, Pakistan, India gas pipeline will also enhance the energy cooperation in the region.

“We have no hard conditions like other countries, adding that Iran wants to provide cheap energy for industrial and economic progress of Pakistan, the ambassador said, while addressing at National Press Club’s Meet the Press Programme.

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He said both the countries would ink several agreements, including power sector agreement, during the coming visit of President Hassan Rouhani. He said Iran would export 1,000MW electricity to Pakistan. “We want to enhance trade volume with Pakistan from $100 million to $5 billion in coming years to strengthen the relations between both brotherly countries, he said.

The Iranian envoy refuted the question that ‘Iran surrendered to the United States over the nuclear deal and said, “We have told the world and the international community that nobody gave us this knowledge, so nobody can take it as it is in our minds.”

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