WASHINGTON: The United States has lauded electricity transit fees agreement between Pakistan and Afghanistan.
On Saturday, Finance Minister Ishaq Dar and his Afghan counterpart Omar Zakhilwal signed agreement over transit pricing for the Central Asia South Asia electricity transmission project (CASA-1000) during the annual meetings of the World Bank and IMF in Washington DC.
Parsing the agreement, the US State Department said that this was an important step in boosting bilateral relations between both the neighbouring countries. The department termed the agreement one of the first foreign policy achievements got by the new Afghan national unity government.
Through this agreement, energy trading could be carried out between Central and South Asia. The commercial arrangements for 1,300 MW of regional electricity trade between Kyrgyz Republic, Tajikistan, Afghanistan and Pakistan would also be established thru this deal.
