NAWAIWAQT GROUP
 
 
 
Pak-Kyrgyz JMC to discuss economic cooperation
 
 
 
ISLAMABAD (APP) - Federal Minister for Water and Power, Raja Pervez Ashraf Saturday said that Pakistan-Kyrgyzstan Joint Ministerial Commission would discuss various matters of mutual interests to further strengthen the economic ties and bilateral trade.

Talking to Ambassador of Kyrgyzstan, Nurlan Aitmurzaev, who called on the Minister here at his office, the minister said the commission is likely to meet in December this year at Islamabad.

The Minister offered investment in energy sector and said this sector has great potential and foreign companies are getting good returns on their investment.

He said Pakistan is facing energy crisis and all the measures are being taken by the government to bridge gap between demand and the supply. The government is focusing coal, hydropower and alternative resources like wind and solar to generate electricity at affordable prices.

Pervaiz Ashraf said Kyrgyzstan expertise in Hydroelectric power generation will benefit Pakistan, adding "we will welcome and facilitate the Kyrgyzstan to invest and participate in the Hydroelectric generation projects in Pakistan".

He also accepted the invitation of Kyrgyzstan Minister for Energy to visit Kyrgyzstan next month to discuss the investment opportunities in the hydroelectric field and to further enhance the electricity link between the Central Asian Republics and the South Asian countries.

The Minister appreciated the establishment of Kyrgyzstan- Pakistan Business Council, being set up during the meeting of the business community of both the countries to be held late this month at Bishkek.

The Minister and the Ambassador underlined the need to expedite the actions on the decision signed in the last meeting of Kyrgyzstan-Pakistan Joint Economic Commission. 
 
 
 
 
more in Business

LAHORE - High Commissioner Designate to Australia, Naela Chohan has said that Australian com...

ISLAMABAD (PR): Roots International Schools and Askari Bank have undergone a collaboration t...

 
Comments
comments powered by Disqus
 
 
NAWAIWAQT GROUP