
The United States issued a stern warning on Tuesday, expressing its opposition to the advancement of the Pakistan-Iran gas pipeline project while highlighting the potential risks of sanctions associated with conducting business with Tehran.
Petroleum Minister Musadik Malik’s recent statement indicated Islamabad’s intention to seek exemption from US sanctions concerning the gas pipeline project, underscoring Pakistan’s commitment to the initiative.
The Pakistan-Iran gas pipeline, envisioned as a significant long-term collaboration between Tehran and Islamabad, has encountered persistent challenges such as delays and financial constraints over the years. Emphasizing their stance, a spokesperson from the US State Department cautioned against engaging with Iran in business endeavors, citing the likelihood of breaching existing sanctions.
Read also: Barrister Gohar Denounces Donald Lu’s Statement
In a press briefing, the spokesperson iterated, “We consistently advise caution regarding business dealings with Iran due to the potential implications of our sanctions,” reinforcing the US stance against the pipeline’s progression. “We do not support this pipeline going forward,” the spokesperson added.
The remarks echoed sentiments expressed by Donald Lu, the State Department’s principal official for South and Central Asia, during a recent testimony before a congressional panel.
The Aga Khan University's (AKU) Centre for Innovation in Medical Education (CIME), Karachi, hosted SIMPACT…
Meezan Bank, Pakistan's premier Islamic bank, once again partnered with The Indus Hospital & Health…
Pakistan’s leading digital microfinance bank, Mobilink Bank, and Yango, part of the global technology company…
Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…
To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…
KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…
This website uses cookies.