The Iranian Ambassador Mashallah Shakiri here on Thursday said that Iran is interested in establishment of Pak-Iran Shipping Company in joint venture. The Iranian ambassador here on Thursday called on the Federal Minister for industries and Production Mian Manzoor Ahmed Wattoo and discussed matters regarding promotion of business ties between the two countries. Shakiri said that Iranian business community was interested in joint ventures with Pakistani counterparts on various fields including cement, steel, energy, food and agro-based industries.
He said exchanges of the views between the business communities of the two countries were essential for which business community was invited to visit Iran for further negotiations.
He said Iranian business delegation was also ready to visit Pakistan for promotion of trade and business activities.
He offered supply of the Crude oil to Pakistani refineries on soft terms as there was technically expertise in Pakistan.
Talking to the Ambassador, Mian Manzoor Ahmed Wattoo said Pakistan and Iran are friendly neighboring countries and these relations would be strengthened more in future.
He said Pakistan is hub of investment and there are various opportunities for the foreign investors in the industrial sector particularly in cement, energy, steel and engineering sector.
He said that the joint efforts will be beneficial for both of the countries in cement and steel manufacturing field because of availabilities of raw materials and expertise in these fields.
Minister said that government has planned to expand its cement and steel industries.
He offered to Iran that Iran can utilize the Trans shipment facilities from Gwadar port as there are 85 births available at this port to handle the big and medium size ships.
He disclosed that Gwadar port will be tax free port for the period of 20 years for all investors.
He said exchanges of the views between the business communities of the two countries were essential for which business community was invited to visit Iran for further negotiations.
He said Iranian business delegation was also ready to visit Pakistan for promotion of trade and business activities.
He offered supply of the Crude oil to Pakistani refineries on soft terms as there was technically expertise in Pakistan.
Talking to the Ambassador, Mian Manzoor Ahmed Wattoo said Pakistan and Iran are friendly neighboring countries and these relations would be strengthened more in future.
He said Pakistan is hub of investment and there are various opportunities for the foreign investors in the industrial sector particularly in cement, energy, steel and engineering sector.
He said that the joint efforts will be beneficial for both of the countries in cement and steel manufacturing field because of availabilities of raw materials and expertise in these fields.
Minister said that government has planned to expand its cement and steel industries.
He offered to Iran that Iran can utilize the Trans shipment facilities from Gwadar port as there are 85 births available at this port to handle the big and medium size ships.
He disclosed that Gwadar port will be tax free port for the period of 20 years for all investors.