You are here: Home » News-IANS » Diplomacy
Business Standard

Iran, Pakistan discuss cooperation on CPEC

IANS  |  Islamabad 

Soon after Iran's willingness and capacities to participate in different projects of China-Pakistan Economic Corridor (CPEC) was raised in a recent meeting between President Rouahni and his Pakistani counterpart Nawaz Sharif in New York, Iran's envoy to Pakistan has begun paving the way for Tehran to play its active role in CPEC.

In a meeting between Iran Ambassador to Islamabad Mehdi Honardoost and CPEC Projects Director Zahir Shah, both sides discussed those fields and areas in which Iran would be able to participate and play a role in completing the biggest ever joint economic project between Pakistan and China; a project that Pakistan has also asked Iran to join while completed, IRNA reported.

"Iran's private sectors have huge capabilities in different fields including technical, engineering, energy projects, road and construction, building energy transmission lines... and are fully prepared to participate in different projects of CPEC," said Honardoost.

The ambassador also stressed that Iran is ready to meet the energy needs of Pakistan including natural gas and electricity, which is crucially important for Islamabad to move faster on completion of China-Pakistan Economic Corridor.

In the meeting, Zahir Shah praised Iran's willingness and readiness to participate in the projects and emphasised the importance of cooperation between Tehran and Islamabad in different fields.

"China-Pakistan Economic Corridor should be extended to Iran," Zahir Shah said.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Sun, October 09 2016. 10:38 IST