Pakistan to buy more electricity from neighbouring Iran
Ishaq Dar, the finance minister, served as the chairman of the Economic Coordination Committee where the decision was made
Energy-starved Pakistan has agreements in place with Tehran to purchase power for its border regions, particularly for Chinese-funded construction projects at the port of Gwadar Image Courtesy Reuters
According to a Tuesday statement from the finance ministry, Pakistan would purchase more power from its neighbour Iran.
Ishaq Dar, the finance minister, served as the chairman of the Economic Coordination Committee where the decision was made.
Energy-starved Pakistan has agreements in place with Tehran to purchase power for its border regions, particularly for Chinese-funded construction projects at the port of Gwadar.
Related Articles
A week following the Iranian foreign minister’s visit to Islamabad, a new proposition was made.
The size and terms and circumstances of the new acquisition were not disclosed by the finance ministry.
(With agency inputs)
also read
Xi Jinping says China will stand firmly with Pakistan, take ties to new heights
In his congratulatory message to the 'Decade of China-Pakistan Economic Corridor' (CPEC) celebration event held in Islamabad on Monday, Xi said the $60 billion CPEC infrastructure programme is an "important pioneering project" of the Belt and Road Initiative (BRI)
Pakistan: Over 40 killed as explosion hits Khyber Pakhtunkhwa rally
The incident occurred during a gathering of the conservative Jamiat Ulema Islam-Fazl (JUI-F) party, renowned for its ties to hardline political Islam
Pakistan Prime Minister Shehbaz Sharif announces parliament dissolution on August 9
Sharif will send formal advice to the President on August 9 for the dissolution of the National Assembly and the President, according to the constitutional provisions must sign it within 48 hours to effectuate the dissolution.