Iran and Pakistan to jointly set up airline

Iran and Pakistan have agreed to set up a joint airline company according to the official FARS news agency which quoted Iranian First Vice-President Mohammad Reza Rahimi announcing the deal.
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"We have decided to establish Iran-Pakistan joint airline company in a bid to increase and facilitate exchange of visits by the two countries' people," Rahimi said during a joint press conference with visiting Pakistani Prime Minister Yousuf Raza Gilani in Tehran last week.

"We can take our first step in the Middle-East and a second step in intercontinental transiting," the Iranian vice-president told the news agency

At the meeting the two sides endorsed three agreements on Economic and Technical Cooperation, establishment of Iran-Pakistan Investment Company and cooperation in Electronic Media between Pakistan Broadcasting Corporation and PTV and the Islamic Republic of Iran Broadcasting (IRIB).

The MoUs were signed by Iranian Foreign Minister Ali Akbar Salehi and Pakistani Finance Minister Abdul Hafeez Sheikh.

 

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