IPI Implementation Nearing 'Final Stage' - Pakistani Official

Pakistani Foreign Ministry spokesman Mohammad Sadiq said on Thursday that the Iran-Pakistan- India (IPI) gas pipeline project is moving toward the "final stage" of its implementation.

"The direction of the project is positive," said Sadiq at a weekly news briefing.

The US$7.5-billion IPI gas pipeline project, which has been under discussions since 1994, is to deliver natural gas from Iran to Pakistan and India.

Last month, the long-stalled talks on the gas pipeline project made a breakthrough when Iranian President Mahmoud Ahmadinejad made whistle-stop visits to Pakistan and India.

The three countries are expected to sign agreements on the IPI project soon.

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