The United States State Department on Tuesday warned, without naming Pakistan, against the “potential risk of sanctions” amidst the background of a recent memorandum of understanding (MoU) between Pakistan and Iran, following the visit of Iranian President Ebrahim Raisi to Pakistan.
“We advise anyone considering business deals with Iran to be aware of the potential risk of sanctions,” said a State Department spokesperson.
The spokesperson also mentioned the beneficial economic ties between Pakistan and the United States and said that the US remains Pakistan’s biggest export market.
“We have also been a leading investor in Pakistan for the past 20 years. Pakistan’s economic success is in both of our interests, and we look forward to continuing our partnership,” they added, stressing the significance of economic relations between both countries.
Previously, the US warned Pakistan of sanctions after it signalled that it would complete the Iran-Pakistan gas pipeline.
Meanwhile, Iranian President Raisi revealed that both Pakistan and Iran have agreed to increase the trade volume to $10 billion in coming years.