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Iran deliberates to increase trade volume of $5 billion with Pakistan

“Iran was interested in projects to generate energy from natural sources, in which a plan to generate 300 megawatts of electricity from solar energy was under consideration."

 

Newsnomics AJAY ANGELINA reporter | Iranian Consul General Hasan Golivand Darvesh stated, “Iran would

increase the annual trade volume with Pakistan from 1.5 billion dollars to 5 billion dollars. He expressed these views while talking to Gwadar Development Authority (GDA) Director General Mujibur Rahman Qambrani

during his visit to Gwadar, Pakistan on Saturday Feb 25,2023.


GDA Director General Mujibur highlighted the implementation of the Gwadar Smart Port City Master Plan and the under-progress development projects to the Iranian Consul General Golivand.


He explained about the provision of all basic facilities in Gwadar, including water, education, health, roads,

sports fields, parks, and international airport and spoke.


 “Under the master plan, they were establishing a central business district consisting of 25,00 acres of land i.e., downtown and an industrial zone consisting of 20,000 acres. “With the completion of which, Gwadar will become an international economic and tourist city at the global level, which not only will guarantee the prosperity of the country but also the region” said the director Genral Mujibur.


Appreciating the development of Gwadar and the projects in the master plan, the Iranian Consul General said, “Iran was interested in projects to generate energy from natural sources, in which a plan to generate 300

megawatts of electricity from solar energy was under consideration, the development and prosperity of

Gwadar were in the interest of both countries.”


Both Countries further agreed to exchange delegations to highlight business, tourism, and cultural links bet-

ween Chah-bahar (the city of Iran) and Gwadar (the port city of Pakistan).


Gwadar is located in the southwestern coast of Balochistan, Pakistan, is about 120 km (75 mi) southwest of

Turbat, while the sister port city of Chah-bahar in Iran's Sistan and Baluchestan province is about 170 km

(110 mi) to the west of Gwadar.


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