Breaking News

Pakistan welcomes resumption of CASA-1000 activities in Afghanistan

Pakistan has welcomed the resumption of CASA-1000 activities in Afghanistan by the World Bank.

World Bank announced recently that, amongst other initiatives in support of the people of Afghanistan related to its “Approach 3.0”, the Central Asia-South Asia Electricity Transmission and Trade Project (“CASA-1000”) in Afghanistan will be resumed as had been requested in December by all three neighboring countries participating in the project.

This announcement marks a significant step forward in the regions commitment to energy collaboration.

As a result, the Government of Pakistan is pleased to announced it has joined the other neighbouring countries – the Kyrgyz Republic and the Republic of Tajikistan -in signing a Joint Declaration to thank the World Bank for its timely response in approving the “ring-fenced” resumption of construction in Afghanistan, as well as to confirm their agreement to fully support the World Bank in implementation of the parameters agreed with its Board for resumption of CASA-1000 c
onstruction activities in Afghanistan.

CASA-1000 is a 1.2 billion dollars regional project to bring clean energy from Tajikistan and Kyrgyzstan to Pakistan via Afghanistan.

Source: Radio Pakistan

Check Also

President of Azad Jammu and Kashmir Commemorates 18th Anniversary of Devastating 2005 Earthquake

Islamabad: On the 18th anniversary of the 2005 earthquake, President Barrister Sultan Mahmood Chaudhry of Azad Jammu and Kashmir reflected on the catastrophic event that affected Muzaffarabad, Bagh, Poonch, and parts of Khyber Pakhtunkhwa province. Th...

The post President of Azad Jammu and Kashmir Commemorates 18th Anniversary of Devastating 2005 Earthquake appeared first on pakistannewsgazette.com.