About his talks with the Afghan finance minister, Mr Dar said the - TopicsExpress



          

About his talks with the Afghan finance minister, Mr Dar said the two sides had agreed in principle to jointly develop a 1500MW hydropower project on the Kunar River and Afghanistan had been asked to provide its feasibility study. He said the two sides had accepted the Afghan minister’s proposal to build a motorway from Peshawar to Kabul. “We have agreed to the proposal and sought immediate preparation of a feasibility report so that the project can be placed before the multilaterals for financing.” He said Pakistan had agreed to get approval of the federal cabinet for Tajikistan-Kyrgyzstan-Afghanistan-Pakistan electricity trade, known as Casa (Central Asia-South Asia) project. He said the project would now be of 1,300MW instead of the originally envisaged 1,000MW. The minister said the other states had adopted a resolution for the project’s implementation. He said Pakistan would clear the project in a couple of days. He said Pakistan had agreed to resume work on the Torkham-Jalalabad road. About 57 per cent work on the road had been completed in 2008 when it was halted. The two sides agreed to realign the 170km Torkham-Jalalabad railway line through Loi Shalman valley bypassing Landi Kotal and create an 11km railway link between Chaman and Spin Boldak. Mr Dar said Pakistan had removed all restrictions on Afghan transit trade through Wagah, including guarantee for goods transportation, insurance guarantee and permission for non-containerised vehicles. Afghanistan has been asked to reciprocate by removing the requirement of cash guarantee on transportation of Pakistani goods to Central Asian republics dawn/news/1038665/dasu-power-project-gets-precedence-over-bhasha
Posted on: Tue, 27 Aug 2013 14:42:04 +0000

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