CASAREMCentral Asia/South Asia Regional Electricity Market
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CASAREM, Central Asian and South Asian Regional Electricity Market, is a concept of electricity trade development between countries of two regions, which realizes several projects and prorated investments guarded by institutional mechanisms and legal agreements.
Foreign Minister Kazakbaev encouraged ADB participation in several infrastructure projects and requested ADB involvement into CASAREM project on creation of Kyrgyzstan-Tajikistan-Afghanistan-Pakistan power market.
The four countries which have agreed to pursue the idea of CASAREM include Kyrgyz Republic and Tajikistan in Central Asia (intended exporters), and Afghanistan and Pakistan in South Asia (intended importers).
The Prime Minister underlined cooperation between the World Bank and Kyrgyzstan in energy sector, in particular, under CASAREM project that allow Kyrgyz exporting its electricity to South Asian countries.