China has agreed to build a pipeline from Iran to Pakistan, which will be bringing natural gas to the country. In an attempt to curtail Pakistan’s severe energy shortage, the final deal will be signed during the visit of Chinese President Xi Jinping to Islamabad in April, according to officials.
This deal is expected to mark China’s commitment towards the development of infrastructure in Pakistan.
The pipeline would amount to a premature profit for both Pakistan and Iran due to the agreement between Tehran and the US and other world powers to prevent Iran from developing nuclear weapons.
Pakistan had previously been threatened with sanctions by the US if it carried on with the project.
Named the “Peace Pipeline,” the project will further strengthen ties between Pakistan and Iran.“We’re building it,” Petroleum Minister Shahid Khaqan Abbasi told The Wall Street Journal, referring to the pipeline. “The process has started.”