Iran is ready to increase electricity supply to Pakistan from the existing 130 megawatts to 3,000 megawatts, said Iranian Consul General Ahmad Mohammadi, speaking at the Iranian Consulate General on Thursday at an event held to mark the 38th anniversary of the Iranian revolution. Sindh Chief Minister Murad Ali Shah, who was the chief guest, and his predecessor, Qaim Ali Shah, were also present.
Mohammadi stated that the Iran gas pipeline is the cheapest, most secure and profitable source of energy for Pakistan and that both countries are keen on completing the project at the earliest. He also pointed that it is a turning point for cordial relations between the two countries.
Business and economic ties between Pakistan and Iran had been hampered over the past many years by international sanctions on Tehran over its nuclear programme. In January 2016, most of the restrictions had been lifted.However, the new US administration, led by President Donald Trump has imposed fresh sanctions on Iran just last week after Tehran conducted a ballistic rocket test.
Mohammadi stressed upon the expansion of ties with neighbouring countries as one of the priorities of Iran’s foreign policy especially with Pakistan, being a Muslim neighbouring country.
Iran desires prosperity, security and stability of Pakistan and believes that it will also be beneficial for Iran, he said.
Just last year, Iranian President Hasan Rouhani had signed an agreement with Pakistan for the expansion of cooperation in trade and energy.
