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Pakistan committed to early start of North-South gas pipeline project: PM - Inside Financial Markets

Pakistan committed to early start of North-South gas pipeline project: PM

– Associated Press of Pakistan

Prime Minister Imran Khan on Wednesday reaffirmed Pakistan’s resolve to expeditiously conclude the requisite legal process for the “Pakistan Stream” (North-South) Gas Pipeline project and commence the work as early as possible.

He expressed these views during a meeting with Foreign Minister of the Russian Federation Sergey Lavrov, who called on him here.

Pakistan-Russia bilateral relations and issues of regional and global importance were discussed in the meeting.

The Prime Minister fondly recalled his interaction with President Vladimir Putin during the Shanghai Cooperation Organization (SCO) Summit in Bishkek in June 2019, where he had underscored his desire to take the bilateral relationship to a new level.

He reiterated the importance Pakistan attached to its relations with Russia as a key foreign policy priority.

The Prime Minister expressed satisfaction at the steady growth in bilateral ties, including deepening cooperation in trade, energy, security and defence.

Enhanced bilateral cooperation in the fields of energy, industrial modernization, railways and aviation was discussed. It was agreed that the Inter-Governmental Commission (IGC), due to meet in Moscow later this year, would closely pursue specific proposals and projects in that context.

Views were also exchanged on the health and economic challenges posed by the COVID-19 pandemic.

The Prime Minister congratulated Russia on its development of Sputnik-V Vaccine and underscored Pakistan’s procurement plans in that regard.

​In the regional context, the Prime Minister stressed the importance of a negotiated political settlement of the conflict in Afghanistan.

Pakistan appreciated Russia’s efforts in promoting the Afghan peace process including through the hosting of the recent meeting of Extended Troika in Moscow.

With reference to the situation in Indian Illegally Occupied Jammu and Kashmir (IIOJK), the Prime Minister shared Pakistan’s perspective on issues of peace and security in South Asia, including the need for peaceful resolution of the Jammu and Kashmir dispute.

Views were also exchanged on the situation in West Asia, the Gulf, the Middle East, and the Asia-Pacific region.

The Prime Minister reiterated his invitation to President Putin to visit Pakistan at his earliest convenience.

Syed Zaki Hussain

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)