Azernews.Az

By Trend

The 29th meeting of the Energy Sector Coordinating Committee (ESCC) of the Central Asian Regional Economic Cooperation Program (CAREC) was held in Tashkent (Uzbekistan), Trend reports with reference to the press service of the Ministry of Energy of Uzbekistan.

The Regional Economic Cooperation Development Program in Central Asia was launched in 1997 on the initiative of the Asian Development Bank (ADB). The goal of the Program is to promote the economic development of Central Asian states by expanding regional and multilateral cooperation in a number of areas, including energy.

Delegates were welcomed by the Deputy Minister of Energy of Uzbekistan Sherzod Khojaev, as well as the Director of the Central and West Asia Department of the Asian Development Bank Ashok Bhargava.

The meeting included sessions devoted to the reform of state-owned enterprises in the CAREC countries, the medium-term strategy of the CAREC energy sector, and regional trade and investment projects.

The meeting participants read reports on the strategy for reforming the electricity sector in Uzbekistan, developing investment projects in the energy system within the framework of CAREC, and discussed options for implementing public-private partnership schemes in the energy sector.