Pakistan confirms China has “no more interest” in funding project to build a gas pipeline from Iran to Pakistan

Pakistan Confirms China Pullout From Pipeline Project, Eyes Other Options

By RFE/RL’s Radio Mashaal

ISLAMABAD — Pakistan says the Industrial and Commercial Bank of China has “no more interest” in funding a project to build a natural-gas pipeline from Iran to Pakistan.

A Pakistani Finance Ministry spokesman said on March 14 that the Chinese institution had been negotiating with Pakistan’s Habib Bank over financing for the Pakistani section of the pipeline. He added that he did not know why the Chinese bank had pulled out of the deal. …

Read more » RFE/RL

By using this service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although IAOJ does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.