Agreement inked: Kyrgyzstan to help Pakistan
control power shortfall
May 1, 2008 - Asia Pulse
Kyrgyzstan is keen to help
Pakistan in power shortfall as country has
surplus electricity of one billion kilo watt,
Ambassador of Kyrgyzstan, Dr Nurlan Aitmurzaev
said on Tuesday, THE Daily Times (Pakistan)
Kyrgyzstan has inked an agreement
to export it to Central Asian and South Asian
Region of Electricity Market (CASAREM) including
Tajikistan, Afghanistan and Pakistan.
He said electricity would be
exported to these countries with the financial
assistance of World Bank and Asian Development
It will establish a secretariat
in Afghanistan and Kyrgyzstan is building
two new Hydel energy plants and invites Pakistani
businessmen to invest in these projects.
He expressed these views during
a meeting with president, Islamabad Chamber
of Commerce and Industry (ICCI), Mohammad
He said Pakistan is a very important
country for Kyrgyzstan and was the most suitable
route of trade. He said Kyrgyzstan prefers
brotherly countries for investment and invited
Pakistani companies to invest in Kyrgyzstan.
He further said the two countries
should cooperate with each other to improve
trade and economic relations.
He said Pakistani businessmen
were participating in Kyrgyzstan's business
activities and invited the ICCI to bring a
group of businessmen for visit to Kyrgyzstan
and seek possibilities for trade and investment.
Speaking on the occasion President
ICCI Muhammad Ijaz Abbasi said, "Pakistan
and Kyrgyzstan have to work for strengthening
trade and economic relations."
He said that Pakistan was short
of energy and could benefit from Kyrgyzstan
to meet Pakistan?s energy requirements. He
said both countries could also cooperate in
information technology, agriculture, textile
and tourism sectors to explore more opportunities