Immense potential exists to promote Pakistan-Iran ties, says Ijazul Haq

Patron in Chief of Pakistan Iran Joint Chamber and Industry Muhammad Ijazul Haq has said immense potential existed to promote Pakistan and Iran's ties in diverse fields such as economy, trade, energy and banking. Speaking at a reception organised in honour of ambassadors of Iran and Pakistan here, he said the joint chamber was set up six months ago with an aim to boost economic and trade ties between the two neighbours.
He said during a visit to Iran recently, a business delegation led by him held fruitful meetings with Iranian ministers and businessmen. "We have a very good neighbour and Pakistan-Iran relations are time tested." He said the ports of Gwadar and Chabahar would complement each other, adding Pakistan, Iran and China would join hands on the project of China Pakistan Economic Corridor (CPEC).
CPEC would bring the three countries together and they would work for promoting regional economic prosperity, he added. He said Pakistan wanted to build a road link between Gwadar and Chabahar, which was three hours drive away. The two countries were also making progress on Iran-Pakistan gas pipeline project and transmission of electricity, he added. Ijazul Haq said State Bank of Pakistan and Central Bank of Iran would work out an arrangement soon to facilitate banking transactions.