ID :
92490
Tue, 12/01/2009 - 13:31
Auther :
Shortlink :
http://m.oananews.org//node/92490
The shortlink copeid
Iran completes key part of IPI pipeline work: CG
Islamabad, Nov 30, IRNA - Iran's Consul General in Pakistan Masoud Mohammad Zamani said Tehran has completed major part of the Iran-Pakistan-India gas pipeline project adding that the project would hopefully be inaugurated until 2013.
“By 2013 Iran's gas will hopefully be used in Pakistan,” the Iranian envoy explained during a recent meeting with members of Karachi Chamber of Commerce and Industry here.
He also informed that the Iranian Embassy in Islamabad and the country's Consulate in Karachi have been pursuing Pakistan Government and State Bank of Pakistan for setting up a branch of an Iranian Bank in Pakistan to facilitate growth of Terhan-Islamabad bilateral trade and investment in various sectors.
The two capitals would have bank branches in each other’s side, said the diplomat.
The KCCI President Abdul Majid Haji Muhammad welcomed efforts made for the opening of a branch of an Iranian bank in Pakistan and assured that the KCCI would also pursue the concerned Pakistani quarters for this purpose.
He urged the Iranian Consulate to reciprocate by forwarding the agenda of establishing a Pakistani bank branch in Iran.
Businessmen of the two countries have faced problems in opening L/Cs in the absence of direct banking facilities between the two neighbouring states which had become one of the obstacles in promoting bilateral trade which is much below the existing potential.
The KCCI leadership and Iranian delegation agreed on exchange of more trade delegations and information about products and investment opportunities available on both sides which included conducting further trade fairs.
The Iranian counsel general also sought cooperation and assistance from Karachi Chamber in strengthening economic ties between the two countries.
According to Zamani, the two sides have made some progress on bilateral trade and investment.
Iran has already extended facility of multiple visa to Pak businessmen, he added.
Zamani said the Consulate would extend all possible help in holding Pakistan ’s Solo Trade Exhibition in Tehran.
A MoU has been signed to this end and the event would be held soon, he added.
Iran ’s Commercial attache in Pakistan Ahmed Fasihi said that 40-member trade delegation from Pakistan was scheduled to visit Kermanshah province in western Iran within the two coming weeks./end
“By 2013 Iran's gas will hopefully be used in Pakistan,” the Iranian envoy explained during a recent meeting with members of Karachi Chamber of Commerce and Industry here.
He also informed that the Iranian Embassy in Islamabad and the country's Consulate in Karachi have been pursuing Pakistan Government and State Bank of Pakistan for setting up a branch of an Iranian Bank in Pakistan to facilitate growth of Terhan-Islamabad bilateral trade and investment in various sectors.
The two capitals would have bank branches in each other’s side, said the diplomat.
The KCCI President Abdul Majid Haji Muhammad welcomed efforts made for the opening of a branch of an Iranian bank in Pakistan and assured that the KCCI would also pursue the concerned Pakistani quarters for this purpose.
He urged the Iranian Consulate to reciprocate by forwarding the agenda of establishing a Pakistani bank branch in Iran.
Businessmen of the two countries have faced problems in opening L/Cs in the absence of direct banking facilities between the two neighbouring states which had become one of the obstacles in promoting bilateral trade which is much below the existing potential.
The KCCI leadership and Iranian delegation agreed on exchange of more trade delegations and information about products and investment opportunities available on both sides which included conducting further trade fairs.
The Iranian counsel general also sought cooperation and assistance from Karachi Chamber in strengthening economic ties between the two countries.
According to Zamani, the two sides have made some progress on bilateral trade and investment.
Iran has already extended facility of multiple visa to Pak businessmen, he added.
Zamani said the Consulate would extend all possible help in holding Pakistan ’s Solo Trade Exhibition in Tehran.
A MoU has been signed to this end and the event would be held soon, he added.
Iran ’s Commercial attache in Pakistan Ahmed Fasihi said that 40-member trade delegation from Pakistan was scheduled to visit Kermanshah province in western Iran within the two coming weeks./end
