US Refuses Waiver over Pakistan-Iran Gas Pipeline Project
The US has refused to waive sanctions on Iran for the Pakistan-Iran gas pipeline project, causing further delay. Pakistan requested a waiver, but the US expressed concerns and refused any concession. There's a deadline of March to complete Pakistan’s part, with a potential 18 billion US dollar fine for non-compliance. Iran has completed its pipeline, but US sanctions have stalled progress. Both nations continue exploring options to fulfill the project.