Islamabad: Federal Minister for Maritime Affairs Ali Zaidi has stated that Pakistan needs to explore ways to finish the multi-billion dollar Pakistan-Iran gas pipeline project, a news source reported.
Read: Pakistan & Iran to work closely on pipeline project implementation
Zaidi expressed these remarks while attending a seminar based on Pakistan-Iran relations. The event was organised in connection with Prime Minister Imran Khan’s recent visit to Tehran. The minister pointed out that a number of countries have continued to maintain trade relations with Iran despite the sanctions imposed upon the country by the United States (US). He added that it was essential for Pakistan to keep its strategic interests at the forefront, and explore ways to complete the pipeline project.
Read: Pakistan requests Iran to lift restrictions on transportation of goods
Zaidi also stressed that the lack of banking channels have impeded the development of ties with Iran. He informed that a barter mechanism was currently under discussion (pitched as an alternative); in order to encourage bilateral trade between the two countries.