Turkmen President for fast track implementation of TAPI; MOUs signed for energy cooperation, countering terror financing
Islamabad—Prime Minister Nawaz Sharif has invited Turkmenistan and other Central Asian Republics (CAR) to use Pakistan’s deep sea port of Gwadar for trade with other countries.
He was addressing a joint press conference along with Turkmen President Gurbanguly Berdimuhamedov after delegation level talks in Islamabad on Wednesday.
“Our deep sea port provides shortest route to the Arabian Sea to the Turkmenistan and other Central Asian Republics and we will happy to see our brothers there using this facility”, Nawaz Sharif said.
The Prime Minister said regional connectivity is part of Pakistan’s vision 2025 under which the country will be made hub of regional trade. Pakistan is also closely working with Turkmenistan for improvement of basic infrastructure to enhance economic relations as well as tourism and people to people contacts.
Referring to the TAPI gas pipeline project, the prime minister said this is a mega project which will help energy starved industry of Pakistan run at its full potential.
Nawaz Sharif said Pakistan will also import one thousand megawatt of electricity from Turkmenistan and the MOU in this regard was signed during his visit to the country last year. He said we have agreed to undertake this project on fast track basis. This will help us in reducing power deficit.
Nawaz Sharif said the energy projects fill facilitate regional connectivity and contribute to peace and security by creating inter dependence in the region.
The two sides during talks agreed to further bolster their relations in different fields including economy, trade, culture and education. Nawaz Sharif said both the countries enjoy close cordial relations deep rooted in shared history, faith and culture and these bonds are growing with the passage of time. Nawaz Sharif said the meeting of Pakistan-Turkmenistan Business Forum on the sidelines of delegation level talks will help facilitate bilateral trade and investment. Such high level contacts will help in boosting our economic relations.
In his remarks on the occasion, the Turkmen President termed his talks with the prime minister as fruitful and productive saying these will further strengthen our brotherly relations. He said the people of Turkmenistan follow with great interests the achievements made by the Pakistan and we wish the country make more progress in days to come.
The Turkmen President said the TAPI gas pipeline project will be implemented at the earliest as it will not only contribute to socio economic development but also serve a bridge for building friendly relations amongst the regional countries.
The two countries signed a series of MOUs and agreements for promotion of cooperation in various fields. The foreign affairs ministries of two countries signed the document for future cooperation. Finance Minister Ishaq Dar and his Turkmen counterpart signed an MOU for cooperation against money laundering and terror financing. Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and his Turkmen counterpart signed an MOU for further cooperation in the energy sector. Five MOUs were also signed for cooperation in higher education, research and information technology.