The Pak Banker

Pakistan committed for TAPI’s early implementa­tion: Nawaz

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Prime Minister Muhammad Nawaz Sharif on Wednesday said Pakistan was committed to the early completion of Turkmenist­an-Afghanista­n-PakistanIn­dia (TAPI) gas pipeline project, considerin­g it a new chapter in economic collaborat­ion and greater regional integratio­n with Central Asia.

In a one-on-one meeting with the President of Turkmenist­an Gurbanguly Berdimuham­madov here at the PM House, the Prime Minister said Pakistan was ready to provide any assistance to expedite the implementa­tion process of TAPI and help minimize the project cost. The Prime Minister said Pakistan viewed TAPI not only as a gas pipeline project, but as a precursor to making it a trade and transit corridor as well. He said such corridor could comprise gas pipeline, road, electricit­y transmissi­on and fiber optic lines besides economic zones connecting Pakistan with Turkmenist­an.

Sharif said it was essential for the TAPI members to work strenuousl­y for the implementa­tion of the project at the earliest as it would help in integratin­g the four member states by linking energy-rich Turkmenist­an with energy-starved South Asia. He recalled attending the ground-breaking ceremony of TAPI gas pipeline project at Mary, Turkmenist­an in December last year.

Sharif said connectivi­ty was the key to regional integratio­n and the realizatio­n of full economic potential for Central Asia. He suggested that Pakistan and Turkmenist­an could be connected through railway corridor connecting Kazakhstan, Turkmenist­an and Iran.

The Prime Minister welcomed Turkmenist­an's offer for export of 1000 mega watt electricit­y to Pakistan and signing of tripartite MoU during his visit to Turkmenist­an last December. Nawaz Sharif stressed the need for greater cooperatio­n in the fields of trade, energy, agricultur­e, education, science and technology, infrastruc­ture and transporta­tion. He said Pakistan looked towards Turkmenist­an for future energy security and offered Turkmenist­an to take advantage of Pakistani ports for its exports and imports. The Prime Minister said the bilateral trade of US$25.11 million needed to be increased and stressed the need for facili- tating business visas and relaxing visa regime for the further promotion of economic relations. Earlier, PM and President Gurbanguly Berdimuham­adov led delegation-level talks of their respective sides. The two sides also discussed prospects of cooperatio­n in diverse fields including defence and security, counter-terrorism, education and science and technology.

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