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By Trend

A Host Government Agreement (HGA) was signed in Islamabad, which encompasses the main terms of an agreement with Pakistan on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline construction project, Trend reports March 13 with reference to the Turkmen Foreign Ministry March 13.

The HGA was signed by Pakistani Additional Secretary In-charge of the Petroleum Division Mian Asad Hayauddin and general director, chairman of the board of TAPI Pipeline Company Ltd. Muhammetmyrat Amanov, according to Pakistani media.

Being the leader of the international consortium TAPI Pipeline Company Ltd., Turkmengas state concern, having a controlling stake, performs the functions of the main financier and manager of the project. The consortium also includes the Afghan Gas Corporation, Pakistan’s Inter State Gas Systems (Private) Limited Company and India’s GAIL Company.

The Turkmen Foreign Ministry, in turn, reports that Turkmen deputy prime minister, Foreign Minister Rashid Meredov took part in the signing ceremony of the HGA.

A delegation from Ashgabat was received by President of Pakistan Arif Alvi and Prime Minister of Pakistan Imran Khan.

The gas and transport and communication sectors were mentioned as priority areas for trade and economic partnership. At the same time, the head of the Pakistani government expressed strong support for the TAPI project, the construction project of the Turkmenistan-Afghanistan-Pakistan (TAP) power transmission line and the creation of a new transport and transit corridor from the seaports of Pakistan to the Turkmenbashi International Seaport, the report said.