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4500MW Bhasha dam smartest choice to overcome energy crisis: US

byCustoms Today Report
29/10/2014
in Business
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ISLAMABAD: US Special Representative for Pakistan and Afghanistan Daniel Feldman says his country looks forward to further expanding trade and economic relations with Pakistan.

In an interview, he said we are moving from aid-based relationship to the one based on trade and investment.

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Feldman said hydro power projects, like Diamer Bhasha Dam, are among the smartest choices for Pakistan to meet its energy needs. He said the United States is helping Pakistan in introducing 4500MW Diamer-Bhasha Dam to private sector and multilateral donors. He said the United States has helped Pakistan to add fourteen hundred megawatt to the system.

Asked about Chinese investment in Pakistan, the envoy said his country recognizes the warmth and historic relations between Pakistan and China and welcomes Chinese investment in Pakistan.

About Pakistan-Afghanistan relations, Daniel Feldman said Washington supports stability in the region and hopes that the new government in Afghanistan will resolve security and other issues with Pakistan through dialogue.

The special representative concluded his visit to Pakistan during which he held meetings with Adviser on Foreign Affairs and National Security Sartaj Aziz, Interior Minister Chaudhry Nisar, Finance Minister Ishaq Dar, and Chief of Army Staff General Raheel Sharif.

Tags: Finance MinisterinvestmentIshaq Dar

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