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US offers Pakistan help in biogas, wind energy sector

The United States on Tuesday offered Pakistan assistance in generating electricity through biogas and wind to overcome the power crisis.

Pakistan needs investment, particularly in the most-needed energy sector, Finance Minister Senator Mohammad Ishaq Dar said while addressing a joint press conference along with President Overseas Private Investment Corporation (OPIC), Ms Elizabeth L. Littlefield, who was heading the US delegation in talks with Pakistan, said a PID press release.

Earlier, the US delegation held detailed discussions with the country’s economic and energy managers led by Ishaq Dar and discussed various issues related to investment in various sectors of the economy, particularly in the energy sector. Both the countries agreed to enhance cooperation in the energy sector.

Dar told media persons that talks with OPIC were a part of the government’s efforts to bring foreign investment o the country and help enhance economic growth.In reply to a question posed by a reporter whether civil nuclear cooperation was discussed during the meeting, Ishaq Dar said: “We did not discuss any thorny issue during our meetings”.

Dar was of the view that investment cooperation between Pakistan and the US could further boost relations between both the countries in future. The finance minister said that Independent Power Producers (IPPs) have the ability to generate more electricity and the government has paid the circular debt to enhance generation capacity.

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