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Pakistan to purchase additional 100 MW electricity from Iran

Lahore : The Cabinet Committee on Energy (CCE) on Thursday approved purchase of additional 100 MW electricity from Iran and directed the Ministry of Power to make immediate arrangements and to complete the spadework expeditiously. Chaired  by Prime Minister Shahid Khaqan Abbasi, the CCE meeting reviewed progress of transmission line ... Read More »

PM to visit Afghanistan and Iran to cool the tense situation : Ch Shujaat Hussain

Lahore : Former Prime Minister Ch Shujaat Hussain has said that Pakistan should not make Afghanistan and Iran matter of honour and dishonor and rather move ahead, till now Nawaz Sharif as the foreign minister should have gone there and held detailed meetings with foreign ministers of both the countries, ... Read More »

Bilateral trade with Iran will double within one year : President FPCCI

Lahore : The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday said to facilitate trade with Iran the State Bank of Pakistan will select some local banks within days. Opening up of the banking channel with Iran will boost bilateral trade by one hundred percent within one ... Read More »

Kuwait stopped issuance of visas to nationals from Pakistan, Iraq, Iran and Syria

Lahore : Kuwait has imposed ban on the entry of the nationals of Afghanistan,Iran, Iraq , Pakistan, and due to “difficult security conditions” in these countries. Additionally entry and transit is refused to Israeli  citizens too. Kuwait having stopped issuance of visas to the nationals from Pakistan, Iraq, Iran and Syria, ... Read More »

Iran interested in CPEC, energy supplies to Pakistan: Mehdi Honardoust

Lahore : Iran’s Ambassador to Pakistan Mehdi Honardoust has said his country has the capability to help the development of the economy of Pakistan through energy supply and construction of roads, railways dams and others area. He said that bilateral trade will get unprecedented boost after resolution of problems regarding ... Read More »

IoBM and Iran seek academic collaboration

Lahore : Dr. Muhammad Kazem Sajjadpour, Deputy Foreign Minister of Iran, visited the Institute of Business Management (IoBM) recently along with his team as regards mutual academic collaboration and was  received by Talib Karim, Rector, IoBM. Also present on this occasion was Shahjehan Karim, President, IoBM. This visit was organized ... Read More »

Pakistan’s mango trade with Iran seems to be under threat

Lahore: Former provincial minister Mian Zahid Hussain lauded the government to ban export of fruit and vegetable in wooden boxes which has improved earnings of mango exporters by 100 percent. Mango exporters earned 1.1 million dollars in first five days of export while they got $500 per tonne as compare ... Read More »

Senator Akram Zaki supports the idea of importing electricity from Iran

Lahore: Former state minister for foreign affairs Senator Akram Zaki on Sunday said Pakistan and Iran enjoy strong political relations but economic relations are not satisfactory. He lauded the efforts of Prime Minister Nawaz Sharif to cement economic ties with Iran which will benefit both countries and entire region. Senator ... Read More »

PM Nawaz Sharif should make a move to end the tension between Saudi Arabia & Iran:Ch Shujaat

Lahore: Pakistan Muslim League President and former Prime Minister Ch Shujaat Hussain has said that tension between Saudi Arabia and Iran is not in the interest of Muslim Ummah in the prevailing circumstances. In a statement, he said that Muslim Ummah is presently in a state of crisis and in ... Read More »

Iran, US nuke deal brings new challenges to Pakistan

Lahore: The Pakistan Economy Watch (PEW) on Sunday said nuclear deal between Iran and US will have many implications for middle east and south Asia for which our policymakers should remain prepared. The agreement will end Indian dependence on Pakistan for a lang route to Afghanistan and central Asian markets. On ... Read More »

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