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SAARC hosts 4th Council of Energy Regulators Meeting

Ahmed Aiham
10 June 2019, MVT 14:01
The fourth meeting of the South Asian Association for Regional Cooperation (SAARC) Council of Experts of Energy Regulators. PHOTO: MINISTRY OF ENVIRONMENT
Ahmed Aiham
10 June 2019, MVT 14:01

The fourth meeting of the South Asian Association for Regional Cooperation (SAARC) Council of Experts of Energy Regulators (CEERE) kicked off on Monday, at Hotel Jen in capital city Male'.

The meeting was held to discuss finalizing the roadmap draft of the SAARC Framework Agreement for Energy Cooperation (Electricity).

Inaugurated by the Minister of Economic Development Fayyaz Ismail, a total of 23 delegates from SAARC participated in the meeting.

The discussions will conclude on Tuesday.

Ministry of Environment tweets regarding the fourth meeting of the SAARC Council of Experts of Energy Regulators. PHOTO: TWITTER

Following President Ibrahim Mohamed Solih's inauguration, his cabinet of ministers ratified the SAARC framework on January 29.

According to the President's Office, the agreement will facilitate assistance for projects pertaining to renewable energy and allow Maldives to gain technical and technological advancements as other SAARC members.

Moreover, the agreement will allow cross-border electricity trade among the regional intergovernmental organization.

The framework agreement was signed by all member states on November 27, 2014, during the 18th SAARC Summit held in Nepal.

Initially compiled during the 17th SAARC Summit in 2011, the framework aims to promote regional cooperation, energy efficiency, effective energy distribution and conservation.

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