Tehran visit: Zardari likely to take up unmet $330m Iranian pledge

Discussion in 'Pakistan' started by Blackwater, Dec 6, 2012.

  1. Blackwater

    Blackwater Veteran Member Veteran Member

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    ISLAMABAD:

    During talks with his Iranian counterpart during an upcoming visit to Tehran, President Asif Ali Zardari is likely to take up the issue of $330 million in pledged Iranian financial assistance to Pakistan that never made it to the country.
    Four years since Iran pledged $330 million at an international donors’ conference in Tokyo, Japan – one of two major global initiatives launched to support Pakistan’s fragile economy and help it fight terrorism – even the modalities for the $10 million grant and $320 million loan have yet to be finalised due to a lukewarm approach by Iran, according to official documents obtained by The Express Tribune.
    Both sides were close to an agreement on the utilisation of the grant component, when, in August this year, Iranian embassy’s deputy head of mission informed Pakistan that Tehran had decided that the grant should not be used for health and education sector projects in Balochistan. Instead, he said Islamabad should propose a few fresh projects across the country.
    Pakistan also forwarded three major projects to Tehran for partial funding under the $320 million loan component. The projects include $718 million to establish a power transmission line through which Iran will export 1,000 megawatts of electricity, $100 million for the construction of Nushki-Dalbandin road in Balochistan and $700 million for the up-gradation of the Quetta-Taftan railway track.

    Tehran visit: Zardari likely to take up unmet $330m Iranian pledge – The Express Tribune
     
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  3. Blackwater

    Blackwater Veteran Member Veteran Member

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    This is called"" Begging with bride"":laugh::laugh::laugh:
     
  4. Bangalorean

    Bangalorean Stars and Ambassadors Stars and Ambassadors

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    Kitna bheek maangange ye log!!! :puke:
     

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