Pakistan and Iran have agreed to extend cooperation in water and power sectors and to establish a joint investment company to gain goals and objectives in this regard, says an official statement. Iran also offered cheap electricity to Pakistan, which could be expanded to India through Pakistan like gas pipeline agreement. These decisions were arrived at a meeting between Iranian Ambassador to Pakistan Masha-allah Shakeri and Water & Power Minister Liaquat Ali Jatoi. The regional and global situation along with bilateral trade relations particularly investment opportunities in power sector came under discussion at the meeting. The Minister said that Pakistan enjoys close brotherly relations with Iran and stressed the need for exchange of expertise to benefit each other.
