Tag Archives | Pakistan

Iran, Pakistan eye Joint Production of Military Equipment

Chief of Staff of the Iranian Armed Forces Major General Mohammad Hossein Baqeri, who is on an official visit to neighboring Pakistan, said Tehran and Islamabad are making efforts to jointly manufacture military equipment. In remarks released after a meeting with Pakistani President Mamnoon Hussain in Islamabad on Tuesday, Major General Baqeri said during his […]

Pakistan to Launch Ferry Service to Iran

Pakistan is planning to launch ferry services from its Karachi port to Iran, the United Arab Emirates and Oman with an aim to enhance connectivity and provide more services to the people. According to the South Asian country’s Federal Minister for shipping Mir Hasil Khan Bizenjo, the draft Ferry Service Policy would be present at […]

€245m for Gasline in Southeastern Iran

The Iranian Gas Engineering and Development Company (IGEDC) has planned to invest €245 million on construction of a gas pipeline from the southeastern city of Iranshahr to Chabahar. IGEDC CEO Hassan Montazer Torbati said the 290-km pipeline will be commissioned by March 2020, end of the next Iranian calendar year. He said 56-inch, 42-inch, 20-inch […]

Tehran’s Quality of Living Ranking …

By John Lee. Tehran has been ranked in 200th place in Mercer’s 2018 Quality of Living Survey. This puts it just ahead of Luanda in Angola and Lahore in Pakistan, and just behind Douala in Cameroon and Dar es Salaam in Tanzania. Vienna again retains the top spot; Zurich and Auckland follow in second and […]

Pak-Iran Joint Working Group on Tourism

By John Lee. Pakistan and Iran have reportedly agreed to set up a working group to promote tourism in their respective countries. An Iranian delegation visiting the Pakistan Tourism Development Corporation (PTDC) on Tuesday said that Iran is ready to extend its full cooperation to the PTDC in the promotion of tourism. The working group will […]

ATA Airlines to start Islamabad-Mashhad Flights

By John Lee. Iran’s ATA Airlines is set to launch a weekly flight between Mashhad and Islamabad. Daily Pakistan reports that the inaugural flight will arrive at Islamabad Benazir Bhutto International Airport on Saturday 10th February 10:00 pm, departing on Sunday at 1:00 am. Kish Air is operating direct flights between Islamabad and Tehran; Iran […]

China keen to use Chabahr Port to access Pakistan

China Keen to Use Iran’s Chabahr Port to Transit Goods from Gwadar: Official Iran has received a request from China to establish a connection between Pakistan’s Gwadar port – which Chinese companies are developing – and Iran’s southeastern port of Chabahar, an official said. Abdolrahim Kordi, the managing director of Chabahar Free Trade Zone, was […]

Iran Eyes Turkish Investment in Oil, Gas Industry

Iran’s Parliament speaker voiced the country’s willingness to attract investment from Turkey in the oil and gas industry, saying economic activists from the neighboring state could also seize the opportunities available in Iran’s railroad and aviation sectors. In a meeting with his Turkish counterpart on the sidelines of a counterterrorism conference in Islamabad on Monday, […]

Oil Minister Slams Pakistan’s Inaction on Gas Deal

Iranian Oil Minister Bijan Namdar Zanganeh highlighted the problems facing the completion of a long-awaited gas pipeline between Iran and Pakistan, saying that Islamabad has no clear answer about its plans for “the valid gas contract”. Speaking to reporters after his meeting with Hungarian Economy Minister Mihaly Varga, Zanganeh said Hungary has experience in the […]

Indian Wheat Reaches Afghanistan via Iranian Port

Afghanistan has received an inaugural consignment of wheat from India through Iran’s strategic port of Chabahar, opening a new trade and transit route for the landlocked nation that bypasses neighboring Pakistan, a report said. The shipment of almost 15,000 tons of wheat dispatched from India’s western port of Kandla on October 29 reached the Iranian […]

Pakistan to Import Additional Power from Iran

By John Lee. The government of Pakistan is considering importing 100 MW of additional electricity from Iran. According to a report from Pakistan Today the additional power would be used to meet the growing demand for electricity in Gawadar city. At present, power demand in the Gawadar area is met through import of 104 MW […]

68 Tons of Illicit Drugs Seized in SE Iran in 6 Months

Iran’s anti-narcotics police forces have managed to capture 68 tons of illicit drugs in the southeastern province of Sistan and Balouchestan during a six-month period, the provincial police chief announced on Monday. Speaking to the Tasnim News Agency, Brigadier General Mohammad Qanbari said during the first six months of the current Iranian year (which began […]

Iran Ready for Free Trade with Regional Countries

Head of Iran’s Trade Promotion Organization (TPO) Mojtaba Khosrotaj said the Islamic Republic is prepared to establish preferential tariffs and free trade with some regional countries, particularly Afghanistan, Pakistan, and Oman. Speaking at a meeting of a working group on the development of non-oil exports of the southeastern province of Sistan and Balouchestan, Khosrotaj underlined […]

Cargo Line Opened between Qatar, Turkey via Iran

Qatar has opened a land and sea cargo line with Iran and Turkey in a bid to reduce the Arab country’s cargo shipping costs by 80 percent, a report said. Former editor-in-chief of Qatar’s al-Sharq newspaper, Jaber Al-Harmi, said via twitter that the Persian Gulf Arab state has opened a land and sea cargo line […]

West Karoun Oilfields, IP Gas Pipeline Projects Prioritized

Iran’s First Vice-President Es’haq Jahangiri has tasked the Oil Ministry with implementing 11 prioritized projects in the oil and gas sector by the end of the current Iranian calendar year (March 20, 2018). Increasing the output of West Karoun oilfields by 100,000 barrels per day (bpd) to reach 350,000 bpd, and completing the gas pipeline […]

Iran Seeking Free Trade with Pakistan

Iran’s interior minister stressed the need for achieving a free trade pact with Pakistan, saying closer economic ties between the two neighbors will contribute to sustainable security along the common border. Speaking to reporters on the sidelines of a meeting of Iran-Pakistan economic cooperation in Tehran on Monday, Abdolreza Rahmani Fazli said a target of […]

Iran, Pakistan Sign Banking Agreement to Facilitate Trade

The Central Bank of Iran (CBI) and the State Bank of Pakistan (SBP) signed a Banking and Payment Arrangement (BPA) to streamline trade transactions between the two nations. “The objective of this BPA is to provide a trade settlement mechanism to promote trade between Pakistan and Iran,” SBP said in a statement on Friday, DAWN […]

Iran Eyes Becoming Regional Hub of Nuclear Medicine

A target at the top of the agenda of the Atomic Energy Organization of Iran (AEOI) is to turn the country into the region’s hub for production of nuclear medicine, Iran’s top nuclear official announced. Addressing a ceremony to mark the National Nuclear Technology Day in Tehran on Sunday, Head of AEOI Ali Akbar Salehi […]

Pakistan Trade with Iran to Start Next Month

By John Lee. Pakistan and Iran will resume banking channels from next month to facilitate official trade between the two countries, according to a report from The News. Zubair Tufail, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) said he expects the first letter of credit (LC) for Iranian trade will […]

India Seeking Rail Link with Iran, Turkey

Indian Railways is considering the possibility of building a transcontinental rail freight service that would connect India with Iran and Turkey, a report said. The ambitious plan is expected to be a real boon to the Asia Pacific region’s people and business, India’s Business Today website reported. It is expected to bring about a major boost […]