Pakistan to buy more electricity from Iran
Reuters – Pakistan will buy more electricity from neighboring Iran, a Finance Ministry statement said on Tuesday.
The decision was taken at an Economic Coordination Committee chaired by Finance Minister Ishaq Dar.
Energy-starved Pakistan already has contracts to purchase electricity from Iran for its border regions, especially for China-backed development projects on Gwadar port.
The new proposal came a week after the Iranian Foreign Minister Hossein Amir-Abdollahian visited Islamabad.
Amir-Abdollahian paid a four-day visit to Pakistan at the invitation of his Pakistani counterpart. The visit to Pakistan had two main objectives.
His first objective was to enhance border security between the two countries, and his second objective was to discuss bilateral trade and pending energy projects.
The top Iranian and Pakistani diplomats exchanged views in line with the two objectives and even signed a five-year strategic plan for commercial
cooperation.