Already poor Pakistan may face penalty of $18 billion, know why?

Iran-Pakistan Gas Pipeline Project: Pakistan, which is facing economic and political crisis, may be fined billions of dollars. This is because the gas pipeline project between two countries Iran-Pakistan does not seem to be completed on time, America (USA) has not approved it.

Pakistan’s Public Accounts Committee (Public Accounts Committee) has expressed apprehension that Pakistan will have to pay a fine of $18 billion if it does not go ahead with the Iran-Pakistan gas pipeline project. According to the report of ‘The Dawn’, America is an obstacle in this project of Iran and Pakistan, so Noor Alam Khan, chairman of the Public Accounts Committee, has said that if America continues to block the pipeline deal, it should pay a fine.

‘America should approve the project soon’
Noor Alam said, ‘America should stay away from the double standard of being generous with India in meeting its energy needs, which is intended to punish Pakistan.’ Noor said that if the US does not allow Pakistan and Iran to go ahead with the gas pipeline project, it should pay a fine. The observation comes after the Ministry of External Affairs (MoFA) informed the Public Accounts Committee through a letter that a meeting will be held with the US ambassador after his return from Washington.

Pak Foreign Ministry gave this statement
In its statement, Pakistan’s foreign ministry said, “Given the importance of the Iran-Pakistan (IP) gas pipeline project in the evolving regional situation, the ministry is exploring all possible options, including closer engagement with relevant parties such as Iran and the US.” and engage in meaningful exchange.”

In this regard, the Ministry of External Affairs said a technical team from the Petroleum Division had visited Tehran in January to discuss ways and means of going ahead with the Iran-Pakistan gas project. At the same time, now the Prime Minister’s Office has held inter-ministerial meetings of all stakeholders and agreed on an action plan to move forward on the project.

Read also: Imran Khan may be arrested again! Appearance in Al Qadir Trust scam case today