Pakistan lifts sanctions on Iran

[HAIDER]

ISLAMABAD: Pakistan has decided to lift sanctions against Iran and has devised a strategy to promote trade ties with the oil rich country, a ministerial meeting decided on Friday, DawnNews reported.

According to a notification issued by the Ministry of Foreign Affairs, Islamabad will revive all economic and commercial relations with Tehran, including the areas of trade, investment, technology, banking, finance, energy.

All the previous notifications giving effect to sanctions imposed on Iran by UN Security Council stand repealed with the issuance of this new notification by the foreign ministry, in keeping with the Security Council resolution 2231.

The meeting chaired by Minister of Finance Ishaq Dar ruled that Pakistan had welcomed the Joint Comprehensive Programme of Action (JCPOA) agreed between Iran and world powers and it appreciates the steps taken by Iran for the implementation of the JCPOA.

Related: What the Iran deal means for the world

With the lifting of restrictions, economic and trade relations between the two neighbourly countries will receive a new boost.

It will enable the two countries to fully reinvigorate various bilateral and multilateral arrangements for promoting investments and cooperation in across all sectors including banking, finance, industry and energy.

Diplomatic efforts to reach a comprehensive, long-term and proper solution to the Iranian nuclear issue culminated in the Joint Comprehensive Plan of Action (JCPOA) concluded on 14 July 2015 by China, France, Germany, the Russian Federation, the United Kingdom, the United States, the High Representative of the European Union (the E3/EU+3) and the Islamic Republic of Iran.

Related: Iran, major powers reach historic nuclear deal in Vienna, diplomats confirm

On July 20, 2015, the Security Council unanimously adopted resolution 2231 (2015) endorsing the JCPOA, which calls for promoting and facilitating the development of normal economic and trade contacts and cooperation with Iran, and having regard to States’ rights and obligations relating to international trade.
Dawn.com

 

[HAIDER]

Let's see where the IP line reach.

 

[HAIDER]

Fun for Indians, now sanctions lifted, let see when Indian return billions of dollar frozen oil payments to Iran.

 

[farhan_9909]

Surprised

 

[Talwar e Pakistan]

Let assume that pakistan still keep sanction on iran as pakistan says, what difference it makes to Iran ?

Alot actually, we used to be one their main agricultural import/export partners - we also import gas and petrol from them.

What about Iranian time bombs? Iran is taking the stupid youth to fight Zenab missions in Syria..people dead 1400 years ago and are still lethal today.....

Why did you start this troll fight? Just stop before it escalates. Lets talk about the sanctions.

 

[raptor22]

What is this .. they removed sanctions against us? why on earth they put sanctions on us in the first place?

I can insult to a point where your balls will shrink and dry out - so you dont want to try me. Now lets get back on topic.

Go see who started insulting and not able to have a rational discussion then you'll realize @SOHEIL point ...

 

[Talwar e Pakistan]

And Pakistanis still want to choose Iran over Saudi Arabia - just look at their behavior ; I was wondering how they managed to piss off the whole world. We should've never shared our nuclear secrets with these people in the first place; so there wouldnt be any reasons for sanctions.

 

[somebozo]

Saudi is necessary for pilgrimage. A door can be built in the wall once the Iranian people have a sensible government. It's terribly sad that the people with whom we once shared so much are now completely alien to us.

Visitors going to Hajj and Umraa are not enticed into camps of brain washing and radicalization..neither they have to launder their 20% earnings every year...there is a very big financial aspect of relations with Iran and Saudia..that is the looting of your own economy in the name of religion!

 

[Talwar e Pakistan]

What is this .. they removed sanctions against us? why on earth they out sanctions on us in the first place?



Go see who started insulting and not able to have a rational discussion then you'll realize @SOHEIL point ...

Those countries that dont sanction other countries listed by the UN can get sanctioned in return. Iran too placed sanctions when we had our nuclear program. The only countries to support us - despite risking sanctions themselves were Saudi Arabia and UAE.

 

[somebozo]

Those countries that dont sanction other countries listed by the UN can get sanctioned in return. Iran too placed sanctions when we had our nuclear program. The only countries to support us - despite risking sanctions themselves were Saudi Arabia and UAE.

But Saudi and UAE got no sanctions in return..this speaks volumes about political heavy weight in the region..and who should be more important in the FP.

 

[Talwar e Pakistan]

Iranians have a very shallow attitude towards Pakistanis and they do call us a few dirty names..According to their supreme joker Pakistan must submit to their foolish revolution and be established as a model vilayat al faqeeh nonsense..!

We should look after our own..and do not play Pro Iran or Pro Arab...we have benefit where the economic numbers show!

Actually it was Iran that modeled alot of its Islamic revolution after Pakistan. The revolution wasnt foolish - life, economy and condition significantly increased.

 

[Mr.Nair]

Alot actually, we used to be one their main agricultural import/export partners - we also import gas and petrol from them.


Why did you start this troll fight? Just stop before it escalates. Lets talk about the sanctions.

But Iran's biggest trading partners are China,India and pakistan not any where in the picture to have impact to them

Economy of Iran - Wikipedia, the free encyclopedia

There export mainly to China,India,Turkey etc and not pakistan.They import mainly from UAE,China,India even though the import of food stuffs and consumer goods contribute to 19%.So that means food stuffs from india and other countries+ consumer goods contribute to lion share of this 19%.So remaining contribution from pakistan is negligible !

 

[Talwar e Pakistan]

Ten years of sanctions because of their daughter Benazir. Iran has oil, what resources did Pakistan have to resist sanctions?

And the worst aspect is that the US knew all along exactly what she was doing because the US had infiltrated the Iranian nuclear establishment, because the only thing any educated Iranian wants to do is run away from the Ayatollahs and their beliefs.

The land of Maulana Rumi and Sheikh Saadi reduced to this....

Iran lacks agriculture, meanwhile 21% of Pakistan's GDP is dependent on agriculture; We could make tens of billions of dollars exporting agriculture goods.

 

[libertycall]

If U insult... You will get insult !

Nobody is insulting the Iranian nation or people. We have centuries of links with them. We love and admire them.

We insult your idiot rulers.

 

[Mr.Nair]

Yes, that was because there was sanctions placed - now watch our exports rise.

So then why pakistan imposed sanction on iran to ruin your own export in first place ?