Iran optimistic about power deal with Pakistan

Consul General Peshawar Hassan Darvishvand is hopeful the 5,000 MW power importation deal from Iran to Pakistan will be signed soon.

Talking to a delegation of traders here at the Federation of Pakistan Chamber of Commerce and Industry led by Zubair Ali, the vice-president of the organisation, the consul general of Iran in Pakistan, urged both countries to avail the trade opportunities present between them.

He enumerated the wide range of products Iran can export to Pakistan including electricity.

The consul general further stated that Pakistan’s annual export is worth $58b while Iran’s annual import is worth $35b. He added that current annual trade between the two countries stood at $1b and hoped the figure will rise to $20b.

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