India is committed to the Iran-Pakistan-India gas pipeline, said Finance Minister P. Chidambaram in Washington.

Chidambaram was in Washington to attend the annual meetings of the International Monetary Fund and the World Bank.
The issue of Iran-Pakistan-India gas pipeline was discussed when Chidambaram met the Iranian Finance and Economic Affairs Minister Davud Danesh-Ja’fari.
“He asked me about our commitment to the pipeline. I said we remain committed to the pipeline. We would have to sort out one or two issues relating to the transit charges. He urged us to resolve these as quickly as possible,” said Chidambaram.
“It is completely doable. We should do it. Iran has the gas and we need the gas. We have a problem on the transit charges and that is a problem India and Pakistan would have to resolve. I don’t know of any other problems,” the finance minister said.
“It is a commercial negotiation, a commercial matter and should be dealt with as a commercial matter,” he added.
Chidambaram also had a number of bilateral agreements with finance ministries or deputies from countries like Russia, Spain, Nepal, and Iran.
He also had discussions with the secretary of state of the UK and the minister of economic cooperation of Germany.
(Source: Press Trust of India)