ISLAMABAD: Pakistan and Tajikistan on Tuesday signed several agreements to increase bilateral trade including establishment of Joint Business Forum between the business communities of both countries.
The signing of joint protocol ceremony was held here at a local hotel after the conclusion of two-day 3rd session of Pak-Tajik Joint Economic Commission (JEC). The JEC brainstormed on the issues relating to trade, economic cooperation, scientific and technical cooperation and other fields. Both sides agreed to sign the Preferential Trade Agreement (PTA) 2009.
Tajikistan offered warehouse facility to Pakistan at Panji Poyon and requested for a reciprocal facility for Tajik business community at Gwadar Port.
Both sides agreed for a speedy implementation of the Electricity transmission line between Tajikistan – Afghanistan – Pakistan— Central Asian Sharing Aid (CASA 1000).
Pakistani side offered training facilities to Tajik Geo-scientists and technicians in the field of instrumental analysis in the geo-science.
Since Tajikistan is a land locked country, it needs access to warm waters for enhancing trade and increasing its exports. To serve this purpose, both sides agreed to facilitate transport arrangements between the two countries through an agreement, which would be finalised soon. They agreed for early finalisation of MoUs on public health, pharmaceutical, cultural exchange program (CEP). Drug trade is a menace, which has become an “international migrane” for the region in particular and for the whole world in general. Governments have been trying hard to fight against this inhumane trade and sharing of information is a key to curbing this menace.
In order to implement the MoU signed between the two countries on combating against
narcotics / drugs, both sides agreed to make arrangements for posting of drug liaison offices in their respective embassies for quick information sharing within one month.
Earlier, Embassy of Tajikistan organised an international seminar on “Hydro Power Projects” in the Republic of Tajikistan for transmission of electricity to Pakistan and Afghanistan. Addressing journalists, Federal Minister for Water and Power, Raja Pervez Ashraf said development of CASA 1000 power transmission project and development of a Central Asia–South Asia Regional Electricity Market (CASAREM) is a key objective for the governments of Afghanistan, Kyrgyz Republic, Pakistan and Tajikistan.
He further said that CASAREM would provide linkage by improving reliability and pooling reserves, reduced investment in power generating capacity, improving load factor and increasing load diversity.
The project would be completed with a cost of $800 million from 2010 to 2013 and would be financed by the World Bank and International Development Bank.
The minister said that President of Pakistan Asif Ali Zardari would visit Tajikistan soon, which would further cement bilateral ties. Tajik Minister for Power and Industries, Gul Sher Ali, said CASAREM project would enhance trade in energy, develop rules for electricity trading within the countries in the region through regional grid. He further said that it would also promote/share regional know-how in Energy anagement, Infrastructure Regulation. ijaz kakakhel