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India-Pakistan
Iran to give oil to Pakistan on deferred payment
2008-10-11
ISLAMABAD: Iran has agreed to provide Pakistan with crude oil on deferred payment for three months, Foreign Minister (FM) Shah Mehmood Qureshi said on Friday.

Qureshi was addressing a joint press conference after talks with Iranian FM Manouchehr Mottaki. Qureshi said under Iranian law, crude oil could be imported on a deferred payment for a maximum of three months and Mottaki had said his government would consider extending the period.

The two FMs also agreed to proceed bilaterally with the Iran-Pakistan-India (IPI) gas pipeline project. "Both countries have expressed the desire to finalise this very important project of the pipeline bilaterally, and the third party can join when it is ready," Mottaki said.

Qureshi said, "Iran is willing to undertake the IPI project bilaterally. We will also welcome India as it (IPI) will promote regional economic co-operation." Pakistan also welcomed the proposal of purchasing 1,000 Megawatts of electricity from Iran to help overcome electricity shortage.

Qureshi said the two sides had also agreed to increase political consultations to help solve the Afghanistan problem.

Pakistan also expressed the desire to increase rice export to Iran.
Posted by:john frum

#5  The two FMs also agreed to proceed bilaterally with the Iran-Pakistan-India (IPI) gas pipeline project.

Bilaterally? Leaving out India?

Good luck with that economic venture.
Posted by: john frum   2008-10-11 14:22  

#4  "/pontification"

It ain't potification if it's the goddam truth, AP.
Posted by: Barbara Skolaut   2008-10-11 14:01  

#3  Which also applies to us in the US. Congress makes 1 trillion dollar bailout in vain attempt to fill financial black hole of its own making.
/pontification
Posted by: Alaska Paul    2008-10-11 13:59  

#2  Iran feeds black hole in hopes that it will fill up and go away.
Posted by: Alaska Paul    2008-10-11 13:56  

#1  Iran to give oil to Pakistan on deferred payment

Proof positive of their insanity.
Posted by: Redneck Jim   2008-10-11 13:27  

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