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Donors Set to Finance Pul-e-Khumri-Surkhan Power Project

Ghani and his Uzbek counterpart, Shaat Mirziyoyev, signed a bilateral cooperation agreement in Tashkent, the capital of Uzbekistan, on Tuesday.

Donors will be willing to finance the establishment of the Pul-e-Khumri-Surkhan Power Project project within the framework of the Afghanistan reconstruction fund, officials of Asian Development Bank (ADB) said on Wednesday. 
 
This follows after Afghan and Uzbekistan officials signed more than 20 agreements which include economic, transit, security, electricity, agriculture, health and higher education cooperation between the two countries, including the Pul-e-Khumri-Surkhan power project, a project which will inject over a 1000 megawatt of electricity into the Afghan power grid.
 
President Ashraf Ghani’s second vice president, Mohammad Sarwar Danish, has meanwhile said that the new agreements signed between Afghanistan and Uzbekistan will open a new chapter of the relationship between the two neighbors.
 
Ghani and his Uzbek counterpart, Shaat Mirziyoyev, signed a bilateral cooperation agreement in Tashkent, the capital of Uzbekistan, on Tuesday.
 
 "You know that Afghanistan is a trade corridor, and among the economic corridors, central Asia is one where Uzbekistan has a lot of potential. The government managed to pursue effective diplomacy and succeeded in opening a strong and effective chapter of relations with Uzbekistan,” said deputy presidential spokesman, Dawa Khan Menapal. 
 
“Currently the needs of Afghanistan’s infrastructure are much higher than the financing available to the ADB. The ADB administers the Afghanistan Infrastructure Trust Fund AITF and so the fund is a mechanism where other financiers and the private sector can invest money to help implement it,” Samuel Tumiwa, ADB Country Director for Afghanistan
 
In the line with the new agreements signed between Afghanistan and Uzbekistan on trade and commercial relations, the establishment of an air transit corridor between Afghanistan and Uzbekistan will help Afghanistan to get access to Chinese markets.
 
The expansion of investments between the two countries, especially investment in Afghanistan’s energy sector, will help the country to attract more money through investments from Uzbekistan to implement Afghanistan’s railway projects.
 
Afghanistan and Uzbekistan have also agreed to resolve their custom issues and take lasting steps for improving border security
 
Afghanistan’s Chamber of Commerce and Industries has said that relations between Afghanistan and Uzbekistan will help the two nations to enhance their bilateral cooperation on economy and trade.

Business

Donors Set to Finance Pul-e-Khumri-Surkhan Power Project

Ghani and his Uzbek counterpart, Shaat Mirziyoyev, signed a bilateral cooperation agreement in Tashkent, the capital of Uzbekistan, on Tuesday.

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Donors will be willing to finance the establishment of the Pul-e-Khumri-Surkhan Power Project project within the framework of the Afghanistan reconstruction fund, officials of Asian Development Bank (ADB) said on Wednesday. 
 
This follows after Afghan and Uzbekistan officials signed more than 20 agreements which include economic, transit, security, electricity, agriculture, health and higher education cooperation between the two countries, including the Pul-e-Khumri-Surkhan power project, a project which will inject over a 1000 megawatt of electricity into the Afghan power grid.
 
President Ashraf Ghani’s second vice president, Mohammad Sarwar Danish, has meanwhile said that the new agreements signed between Afghanistan and Uzbekistan will open a new chapter of the relationship between the two neighbors.
 
Ghani and his Uzbek counterpart, Shaat Mirziyoyev, signed a bilateral cooperation agreement in Tashkent, the capital of Uzbekistan, on Tuesday.
 
 "You know that Afghanistan is a trade corridor, and among the economic corridors, central Asia is one where Uzbekistan has a lot of potential. The government managed to pursue effective diplomacy and succeeded in opening a strong and effective chapter of relations with Uzbekistan,” said deputy presidential spokesman, Dawa Khan Menapal. 
 
“Currently the needs of Afghanistan’s infrastructure are much higher than the financing available to the ADB. The ADB administers the Afghanistan Infrastructure Trust Fund AITF and so the fund is a mechanism where other financiers and the private sector can invest money to help implement it,” Samuel Tumiwa, ADB Country Director for Afghanistan
 
In the line with the new agreements signed between Afghanistan and Uzbekistan on trade and commercial relations, the establishment of an air transit corridor between Afghanistan and Uzbekistan will help Afghanistan to get access to Chinese markets.
 
The expansion of investments between the two countries, especially investment in Afghanistan’s energy sector, will help the country to attract more money through investments from Uzbekistan to implement Afghanistan’s railway projects.
 
Afghanistan and Uzbekistan have also agreed to resolve their custom issues and take lasting steps for improving border security
 
Afghanistan’s Chamber of Commerce and Industries has said that relations between Afghanistan and Uzbekistan will help the two nations to enhance their bilateral cooperation on economy and trade.

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