"Today the US and Kazakhstan made an important step towards strengthening of the power cooperation signing a memorandum on mutual understanding which will create Central Asian regional energy market (CAREM)," reads the report.
Speaking at the event, Mr. Piedra noted: “An integrated CAREM will save money and enhance energy security and economic stability; it will also facilitate commercial trade and attract investments in the power sectors of all five Central Asian and neighboring South Asian countries.
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