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Nuclear deal will open up doors of Pakistan, Iran trade: Fatemi

Fatemi says project could also strengthen peace and stability in the region

Web Desk July 26, 2015

PHOTO: AFP

The nuclear deal between Iran and six major world powers would open the doors of "massive trade for Pakistan with Tehran," Special Assistant to Prime Minister on Foreign Affairs Tariq Fatemi said in Washington, Radio Pakistan reported.

"The Iran Gas Pipeline would not only benefit Pakistan in terms of providing it a valuable source of energy, the project could also encourage cooperation among the countries of the region that would strengthen peace and stability," he said.

Read: Saudi Arabia considers its own nuclear options after Iran deal

Fatemi hoped the deal would advance the cause of both peace and economic growth in the region.

Commenting on relations with India, Fatemi expressed confidence that the long-standing friction between the neighbours is easing and that Pakistan was ready to enter into a meaningful, comprehensive and sustained process with India.

Read: Nuclear deal saved Iran from disaster, says Dr AQ Khan

Bilateral and strategic issues mutual to the two nations came under discussion during a meeting between Fatemi and US Deputy Defence Secretary Robert Work at the Pentagon.

COMMENTS (2)

curious2 | 9 years ago | Reply

The nuclear deal between Iran and six major world powers would open the doors of “massive trade for Pakistan with Tehran

You didn't have massive trade before the sanctions so what's changed? As I recall you already as a "massive" deal with Iran - it's called the IP and your currently in default on that deal with serious issues on where you will find the estimated $4 Billion needed to honor your agreement.

Axis | 9 years ago | Reply There are many major international companies lined up at Iranian door waiting to negotiate major oil n gas deals … and those companies have money, technical expertise, experience/reputation that Pakistan lacks. I would argue that if sanctions are lifted the Pakistan relationship with Iran is likely to deteriorate – you don’t have anything they need and are in default on your existing oil agreement.

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