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Mayor of Mashhad, Iran, Syed Muhammad Pejman has said that Pakistan can import electricity from Iran to overcome its energy crisis.
Speaking at a meeting of Karachi Chamber of Commerce and Industry (KCCI) here on Thursday, he urged both the countries to consider taking advantage of existing opportunities to boost two way trade.
He opined that private sector can play vital role to strength trade and economic ties between the two countries.
He emphasised on the need of frequent exchange of delegations and participation in exhibitions held in each other countries from time to time.
Identifying potential areas of co-operation he said that opportunities of co-operation existed in the areas of livestock, agriculture and mining.
He pointed out that Iran was importing livestock from Brazil, which was far away and added the same can be imported from Pakistan.
He noted that Iran's trade with other regional countries was higher as compared to Pakistan.
President, Karachi Chamber of Commerce and Industry, Mian Abrar Ahmad, urged the governments of Pakistan and Iran to introduce banking channel and make arrangements for currency swap to enhance Pak-Iran bilateral trade.
He was of the view that Pakistan was subjected to severe discrimination by the West and as a energy-hungry country we should not accept any dictation regarding Iran-Pakistan-India Gas pipeline project.
"The project is need of the hour to overcome the energy crisis and for industrialisation," he added.
Pakistan can import electricity from Iran: Mashhad mayor | Business Recorder
Speaking at a meeting of Karachi Chamber of Commerce and Industry (KCCI) here on Thursday, he urged both the countries to consider taking advantage of existing opportunities to boost two way trade.
He opined that private sector can play vital role to strength trade and economic ties between the two countries.
He emphasised on the need of frequent exchange of delegations and participation in exhibitions held in each other countries from time to time.
Identifying potential areas of co-operation he said that opportunities of co-operation existed in the areas of livestock, agriculture and mining.
He pointed out that Iran was importing livestock from Brazil, which was far away and added the same can be imported from Pakistan.
He noted that Iran's trade with other regional countries was higher as compared to Pakistan.
President, Karachi Chamber of Commerce and Industry, Mian Abrar Ahmad, urged the governments of Pakistan and Iran to introduce banking channel and make arrangements for currency swap to enhance Pak-Iran bilateral trade.
He was of the view that Pakistan was subjected to severe discrimination by the West and as a energy-hungry country we should not accept any dictation regarding Iran-Pakistan-India Gas pipeline project.
"The project is need of the hour to overcome the energy crisis and for industrialisation," he added.
Pakistan can import electricity from Iran: Mashhad mayor | Business Recorder