‘CPEC one of greatest projects in region’

Published: September 10, 2016
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Iranian ambassador says his country is ready to invest in CPEC. PHOTO: ISPR

Iranian ambassador says his country is ready to invest in CPEC. PHOTO: ISPR

ISLAMABAD: Breaking away from the popular narrative that Iran is developing Chabahar port as a rival to Gwadar port, Iran has expressed interest in participating in the China-Pakistan Economic Corridor Project (CPEC), terming it one of the greatest projects in the region.

Iran Ambassador to Pakistan Mehdi Honardoust said this while talking to Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Abdul Rauf Alam.

PPP’s China tour: CPEC termed a ‘bumper crop’

Iran’s Ambassador said his country has the capability to help with the development of Pakistan’s economy especially in terms of
facilitating energy supply, construction of roads,
railways dams and others area.

“The bilateral trade will get unprecedented boost after resolution of problems regarding banking, which would disappear soon,” said the ambassador.

“Iran is interested in participating in the CPEC, which is one of the greatest projects in the history of the region. Pakistani textiles, rice, surgical goods, sports goods and agricultural products are in great demand in Iran,” he informed.

He claimed that Iranian gas is the cheapest, fastest and most dependable source of energy for Pakistan which should be initiated soon as Iran has completed its part of the pipeline by spending two billion dollars.

CPEC: Chinese work ethic and its implication for Pakistan

Many countries including China, India, Turkey, Japan and South Korea have continued to buy energy from Iran during and after sanctions, he added.

Speaking at the occasion, FPCCI chief Rauf Alam said that Pakistan can increase electricity imports from Iran but Tehran must first reduce the price.

Published in The Express Tribune, September 10th, 2016.

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Reader Comments (37)

  • Raj - USA
    Sep 10, 2016 - 9:07AM

    China will never allow any other country in the region or USA to participate in CPEC projects because CPEC is China’s military project, however much Pakistan and China may try to cmamaflague it as a commercial project as a commercial project. Iran is just testing the waters. 2 years ago, when USA and UK wanted to participate in CPEC projects, Pakistan did not allow it as was ordered to do so by China. Recommend

  • Khan
    Sep 10, 2016 - 9:37AM

    Iran is more than welcome to contributeRecommend

  • Yasir Mehmood
    Sep 10, 2016 - 10:14AM

    Modi should also change his mind and views about this great project. Would love to see he him invest in CPEC by opening a tea stall along the highway.Recommend

  • Sri Varahadev
    Sep 10, 2016 - 10:45AM

    Just Iran indulging in the art of dissimulation namely Taqiyyah with a diplomatic spin. Chahbahar Port is all about providing Afghanistan an alternative to Pakistani ports for bare essential imports thereby allowing Afghan’s to withstand bullying threat of cutting sea access by Punjab Province dominated Pakistan.Recommend

  • bimal william
    Sep 10, 2016 - 10:57AM

    It will be very interesting to see who is more benefited China or Pakistan.Pakistan will be benefited only if China does not treat Baluchistan as its colony.As everyone knows China will bring its own material,technology and manpower.The manufactured goods will be dumped into Pakistani market hence destroying Pakistani goods market. So how people of Pakistan is going to be benefited is a million dollar question before Pakistani leadership.Recommend

  • jay
    Sep 10, 2016 - 11:31AM

    @Yasir Mehmood:— Hope no young boys work along that highway ! Another child abuse scandal may erupt in Pakistan ! Recommend

  • Oommen
    Sep 10, 2016 - 1:02PM

    Taiwanese company Foxxcon set to open $10 billion iPhone manufacturing plant (1/4 of CPEC)
    India needs 250 billion to “upgrade” military.

    why Pakistanis are making a big deal about this? (CPEC) China is famous for building “ghost cities” around the world.Recommend

  • FAZ
    Sep 10, 2016 - 1:04PM

    @Raj – USA:
    Sir gee
    US and UK are strategically China’s rivals. You are comparing them with Iran?Recommend

  • Pakistani
    Sep 10, 2016 - 1:21PM

    @jay:
    Look who is talking from the land where rape is in the news every day…Recommend

  • Jat
    Sep 10, 2016 - 1:24PM

    @jay:
    Someone is jealous…. Lol.. ..

    No hay.. . There will no one from our neighbouhood working along the corridor so the chances of another rape/scandal is unlikely.. .Recommend

  • Kashmiri
    Sep 10, 2016 - 1:27PM

    @Raj – USA:
    And Mr Raj has given his two cents of intelligence on who ordered Pakistan… I must say you are very well connected in the intelligence gathering… the problem is neitger neither the Pakistanis nor the Chinese are aware of this.Recommend

  • Np
    Sep 10, 2016 - 1:42PM

    @Yasir Mehmood:
    “Modi should also change his mind and views about this great project. Would love to see he him invest in CPEC by opening a tea stall along the highway.”

    You sound very much like our Manishankar Aiyar who taunted Modi to come and open a tea stall in Congress convention. In the end Modi had the last laugh. Manishankar lost his own deposit while Modi not only won his own seat with a margin of 5 lakh, he got a majority in Lok Sabha after 30 years.
    Also as Indians we feel proud that in our country anyone can rise to the top unlike in your country.Recommend

  • Tyggar
    Sep 10, 2016 - 2:31PM

    @Yasir Mehmood:
    Even if Modi wants to open a tea stall, Your Chinese masters would need to give permission. Moreover the tea stall would be built and run by Chinese labor and not Pakistanis. Then you will need hundreds of Pakistani soldiers to protect the Chinese workers at the tea stall plus all the profit would go to China and destroy the business of local Pakistani tea stallsRecommend

  • shah
    Sep 10, 2016 - 2:39PM

    @jay: FYI Pakistan Is Not India Where Such Scandals Erupt on A Daily BasisRecommend

  • Ali S
    Sep 10, 2016 - 2:45PM

    Most countries – including Iran, India and especially China – determine participation in economic projects based on what’s beneficial in it for them, not how it counters a neighbouring country, which is the way Pakistan thinks. This is why we’ll never be able to gauge the full benefit no matter how grand a regional project we’re involved in.Recommend

  • Yasir Mehmood
    Sep 10, 2016 - 2:56PM

    @jay Modi will be fine. By looking at his antics, one can judge he already went through such an ordeal.Recommend

  • Darvesh
    Sep 10, 2016 - 3:54PM

    @Raj – USA:
    If cpec has no significance why have you lost your sleep?
    Afghanistan can not survive without Pakistan don’t believe it see what happened last week when Chaman border was closed by Pakistan.
    Don’t worry we will let your trucks on our motorways if you promise to behave like a good boy.Recommend

  • Reddy
    Sep 10, 2016 - 3:59PM

    @Yasir Mehmood: by the time modi finishes with pakistan,you’ll have no choice but selling tea and by the time china finishes with you,you’ll be selling ur kidneys to pay off ur loan…man ur future is already written on the wall ..just live long enough to witness the dream…Recommend

  • Shuaib
    Sep 10, 2016 - 4:08PM

    @Sri Varahadev: We’re okay with that.Recommend

  • khalid
    Sep 10, 2016 - 4:16PM

    India can become biggest beneficiary of CPEC , I don’t think their efforts lobby against CPEC will ever help this region. In next 1-2 years china will lobby in favour of CPEC across all the nations and India will stand there with an open mouth .Recommend

  • M. Emad
    Sep 10, 2016 - 4:57PM

    Compare to the many mega-projects in India and Bangladesh, the CpEC is a peanut.Recommend

  • Oommen
    Sep 10, 2016 - 6:01PM

    China will be the largest producer of Shale gas within 10 yrs. China is spending heavily to develop its shale gas reserves, which are estimated to be the largest in the world, or 1.7 times greater than those in the U.S.

    China is moving away from Coal-Fired Plants to clean energy. it don’t need Gwadar port to transport oil.Recommend

  • Altaf
    Sep 10, 2016 - 6:45PM

    What surprises me most are comments by Indian hypes. Don’t they have anything else to do. Why does any news about Pakistan, its, economy create a hysteria on Indian minds. We are not stepping on your tails, stop howling and rattling.
    It also makes me feel that their press is not that free and they ventilate or vomit in Pakistani newspapers. Look at this Raj-USA guy. He has been writing trash about Pakistan for last several years. What happened to his janitorial job at a hospital? How about his part-time second job at KFC? Recommend

  • Majid
    Sep 10, 2016 - 6:54PM

    So why is the picture of these two clones shown over and again. Is CPEC their private property? Why no of the Iranian ambassador. The news is after all about his speech. Pakistan also need to keep in mind that it is loan on easy terms and not a free ride called aid. Recommend

  • Auginpk
    Sep 10, 2016 - 6:54PM

    The opposition to CPEC is principaled. Therefore we should not deviate from our principaled stand.

    However, probably other than paying lip service we will not be able to do much.

    Therefore after its completion India should try to get benefits out of CPEC.Recommend

  • Shuaib
    Sep 10, 2016 - 6:59PM

    @Oommen: Even if that’s the case, the transport time decreases by 45 days if Gwadar is used instead of Shanghai or Chinese Eastern ports. Furthermore, the strategic edge is incredibly high since they can ward off a potential trade blockade in the East with this Western route.
    @M. Emad: It’s the other way around.Recommend

  • ANT
    Sep 10, 2016 - 8:55PM

    Does anybody know all the details of CPEC. The Chinese are building port, road and pipeline which will benefit them 90% on loans taken out by Pakistan to pay the Chinese. Will they pay transit fees?
    The other energy projects that will actually benefit Pakistan have a high assured rate of return.
    Unlike some grants from US and Europe not even 1 rupee from China is free!!!Recommend

  • Rana
    Sep 10, 2016 - 9:29PM

    For all here commenting should know that India is building Delhi Mumbai industrial corridor with Japan of 90bn $ joint venture.just check DMIC.Recommend

  • XoF
    Sep 10, 2016 - 10:47PM

    Insecure Indians flooding Pakistanu websites for gratification.Recommend

  • Nikki
    Sep 10, 2016 - 10:55PM

    @Rana:
    Who gives a damn. It is only you who cannot see Pakistan prospering. You are the people with a tiny heart and non-existing mind. Feel sorry for your pain. Recommend

  • Rehmat
    Sep 10, 2016 - 10:58PM

    Pakistan is delivering baby named CPEC, China is the midwife, and India is going through labor pains. Hahahaha!Recommend

  • Zealot
    Sep 11, 2016 - 1:04AM

    @Raj – USA: this is how people like you mislead people.read CPEC on Wikipedia then atleast.you will receive a tight slap that it is an economic project with 35 billion would be spent on energy sector.and rest will be to build road,railways and telecommunication like fibre optics.it consists of three routes that will take oil from middle eastren countries via port of Gwadar to Kashgar China.via rail or roads.it will create 700000 jobs for pakistan in next 15 years.by boosting agricultral,science and technology sector and much more.countries like afghanistan has no choice but to be a part of it .today iran asked us to be part of CPEC tommarrow afghanistan will follow suit so as rest of muslim countries…..Recommend

  • Pakistani
    Sep 11, 2016 - 4:29AM

    @Altaf:
    This is their full time job…. lolRecommend

  • cocomo
    Sep 11, 2016 - 5:15AM

    @Raj – USA:
    China has repeatedly asked Pakistan to include more stakeholders so they too have a stake in the security of CPEC. If USA participates in CPEC that means they participate in OBOR which will be revolutionary as far as China-US relations go.Recommend

  • ajeet
    Sep 11, 2016 - 6:17AM

    The One belt one road is a great initiative, but China has shot itself in its foot by including Pakistan occupied Indian territory. If India isn’t on board, CPEC part of the One Belt intiative is sure to fail.Recommend

  • Rana
    Sep 11, 2016 - 11:28AM

    @Nikki: We want Pakistan to prosper but we don’t think Pakistan can ever truly prosper playing with good or bad taliban and grassroot deradicalization.Recommend

  • Nauman
    Oct 2, 2016 - 12:53AM

    @Raj – USA:
    By seeing your frustration it makes me believe that CPEC is a game changer and benefit for the whole region. Nobody asked about your opinion so why are you poking you nose in our internal matter. You are a frustrated nation and we just laugh at you nothing else. So don;t waste your time here

    one more thing CPEC is reality. Accept it or live with your frustrationRecommend

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