ISLAMABAD, August 03(APP): Federal Minister for Water and Power Khawaja Muhammad Asif said Pakistan will explore every possibility to acquire energy from Iran as energy from Iran is the quickest, closest and cheapest for Pakistan.
In a meeting with Iranian Ambassador Mehdi Honardoost, who called on him here Wednesday, the Minister said that Pakistan and Iran are tied in decades long religious, social and cultural bonds and Pakistan greatly values its fraternal ties with Iran and considers Iran a close friend and a good neighbor. “Energy sector in Pakistan is a lucrative sector for investment and Iran should invest in power generation, power infrastructure and power transmission and distribution projects”, he added.
The Minister also emphasized on the importance of CPEC and said that it is the most important project in the region and stressed that all the regional countries should make their planning to get maximum benefit from it.
The Iranian Ambassador said after the lifting of foreign sanctions, his country has great potential for investment and priority which would be given to neighboring countries. “The essence of Pak-Iran friendship would be materialized in the form of some projects and Iran Pakistan Gas Pipeline is one of the best projects in providing safe and cheaper energy to Pakistan and creation of jobs in both countries”, added the Ambassador.
Both sides agreed to hold further meetings in this regard to improve cooperation and coordination in the fields of energy and trade.