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The Federal Cabinet of Pakistan on Monday gave formal approval to signing of the MoU with New Delhi for trade in electricity and a feasibility study in this connection would be undertaken shortly. In the recent visit of the Commerce Minister Engineer Khurram Dastagir Khan to India significant progress was made on enhancing the trade relations between the two neighbouring states and the import of electricity.
The Cabinet was informed that Ministry of Water and Power had initiated negotiations with India for import of electricity while feasibility study in this connection would be held shortly which would be financed by the World Bank.
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