AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has said that greater connectivity can stimulate regional economic cooperation. He stated that CASA-1000 will help Pakistan meet its energy needs adding that Pakistan attaches great priority to timely completion of the project.
He was talking to Ambassador of Tajikistan, Ismatullo Nasredin, who called on him in Islamabad on Friday. The member energy and senior officials of the ministry were also present in the meeting, says a press release issued here.
Talking about the CASA-1000 energy project, the minister apprised that the project has been referred to the ECNEC with the condition that the sponsors will ensure timely finalization of agreement with the member countries for export of surplus power, if available, during non-supply period.
Khusro Bakhtyar said that the project will become financially viable if there are two way options adding that Pakistan has surplus energy in winter while Tajikistan has surplus in summer. Tajikistan ambassador also expressed interest in exploring the option of import of power from Pakistan during the winter months under CASA-1000 project.
Highlighting the importance of Torkhum-Dushanbe Economic Corridor, the minister noted that the proposed project will connect Torkhum to Dushanbe via Afghanistan. He stated that Pakistanis willing to go ahead with the initiative if there is a trilateral agreement between Pakistan, Afghanistan and Tajikistan adding that it has the potential to enhance regional connectivity and integration.
Khusro Bakhtyar welcomed Tajikistan's accession to Quadrilateral Traffic-in-Transit Agreement (QTTA) among China, Kazakhstan, Kyrgyzstan and Pakistan. This will greatly facilitate regional integration for economic development as it would provide an alternate transport corridor between our two countries and hoped that the legal process for Tajikistan joining the QTTA will be completed soon.
Speaking on the occasion, Tajikistan ambassador said that his country is looking forward to further expand bilateral cooperation with Pakistan in various areas including trade and energy.-PR

Copyright Business Recorder, 2019

Comments

Comments are closed.