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HomeBusinessUS Reiterates Warning to Pakistan Over Business Deals with Iran

US Reiterates Warning to Pakistan Over Business Deals with Iran

In the backdrop of escalating geopolitical tensions, the United States has once again cautioned Pakistan against forging business ties with Iran. The fresh warnings come following Iranian President Ebrahim Raisi’s recent official visit to Pakistan, during which multiple Memorandums of Understanding (MoUs) were signed to enhance cooperation across various sectors and elevate trade to $10 billion.

Washington’s Deputy Spokesman for the US State Department, Vedant Patel, underscored the potential imposition of sanctions on Islamabad for engaging in agreements with Iran. Patel emphasized the importance of aligning actions with Pakistan’s foreign policy in light of potential repercussions.

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Previously, US State Department spokesperson Matthew Miller issued a similar caution to entities considering trade deals with Iran. While not explicitly naming Pakistan, Miller highlighted the US’s significant role as Pakistan’s primary foreign market and a major investor over the past two decades. He stressed the mutual benefits of Pakistan’s economic success and reiterated a desire to maintain the bilateral partnership.

In light of President Raisi’s visit and the bilateral agreements between Iran and Pakistan, Miller hinted at the possibility of these agreements affecting US-Pakistan relations, citing potential sanctions related to Iran. This warning echoes previous admonitions from the US, including concerns over Pakistan’s importation of gas from Iran and its stance on the pipeline project.

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