News ID: 232659
Published: 0308 GMT October 12, 2018

Islamabad to continue doing business with Tehran

Islamabad to continue doing business with Tehran
AP

Pakistani Foreign Ministry said on Thursday trade ties with Iran will not be affected by the US sanctions, in yet another comment echoing Islamabad’s readiness to expand relations with its neighbors under Imran Khan.

In a weekly presser, Foreign Ministry spokesperson Mohammad Faisal said his country is against the unilateral US sanctions, adding that Islamabad will continue doing business with Iran.

“The Pakistani government, in line with its own interests, is studying new opportunities to expand economic relations with the Islamic Republic,” he said.  

“Pakistan opposes any economic sanctions imposed by world powers against other nations in a bullying way,” Faisal said, adding “We believe that such measures not only negatively will impact the people’s life but will (affect) the whole region’s development.”

Pakistani Prime Minister Imran Khan has repeatedly said that his country seeks to have good relations with its neighbors, especially Iran.

Faisal again rebuked the US for its unilateral withdrawal from the 2015 Iran nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA).

“The US unilateral withdrawal from JCPOA despite Iran adherence to the agreement is regrettable,” he noted.

The spokesperson added the JCPOA represents a good example of negotiated settlement of a complex issue through dialogue and diplomacy.

US President Donald Trump pulled the United States out of the nuclear deal and imposed sanctions on Iran.

He plans to reintroduce more damaging sanctions on Iranian oil in November and wants as many countries as possible to cut their imports of Iranian oil to zero.

Despite his efforts, many countries have expressed their readiness to continue dealing with Tehran, with European Union proposing a special payments mechanism that would keep the bloc trade with Iran even after the US sanctions come into force.

 

 

 

 

   
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