Pakistan's Ministry of Commerce has been urged to expedite signing of Transit Trade Agreement (TTA) with Turkmenistan, reports Business Recorder (Pakistan).
This was stated during an inter-ministerial meeting. The Joint Secretary of Pakistan's Ministry of Commerce emphasized the urgency of signing the TTA between Pakistan and Turkmenistan and offered to provide an updated status within two weeks.
The article states that Pakistan's Ministry of Foreign Affairs was reminded about Turkmenistan’s pending response regarding the draft Agreement on Transit Traffic.
In addition, Pakistan's Ministry of Maritime Affairs was tasked with preparing a summary for Cabinet approval on the Memorandum of Understanding on Sister Port relationship between Port of Gwadar and the Port of Turkmenbashi.
Experts told Daryo that in addition to the transnational gas pipeline, the two countries are pushing regional infrastructure projects through Afghanistan, including an electricity transmission line and a fibre-optic cable.
LNG shipments from Turkmenistan to Pakistan via Afghanistan's Kandahar province began last year. The South Asian country is experiencing severe fuel shortages and is seeking to diversify its supplies, which until now have come mainly from Iran.
Eziz Boyarov
Comments (0)