Monday, July 12, 2010

Pak-Iran relations & Pakistani Economy

I was quite surprised to see the history of Pak-Iran gas pipeline to the fact that it was thought in 1950s by an Pakistani engineer Malik Aftab Ahmed Khan, the person died in 1999 but his idea presented progressed quite slowly facing many disturbances involving both internal and external affairs of the countries involved.

There was a strong opinion by economists that Pakistan-Iran relationships should flourish with its full potential so that it can benefit both the countries and now, when Pakistan is facing many economic crisis it is necessary to join hands with neighbors in good terms.

Initially the gas pipeline project was to be done with participation of Iran, Pakistan and India but after much discussion over 14 years, finally Pakistan and Iran signed the agreement without India. According to the agreement, Iran will provide 750 million cubic feet per day in next 25 years. What will be the impact of this project in Pakistan's economy and what will be the future of Pakistan and Iran relationship despite of the bans imposed by superpowers on Iran and Pakistan being acting submissively to them, the topic was discussed recently in my program Maeshatnama, involving renowned Economist Dr. Qais Aslam and Engr. Iftikhar-ul-Haq and hosted by Syed Azhar Bukhari.

Part-1



Part2



Part3

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