Gwadar Port to be utilised for Afghan transit trade

Published March 19, 2022
THE Gwadar Port as  seen in this file photo. It was inaugurated on Nov 13, 2016. It is located at the mouth of the Persian Gulf, just outside the Straits of Hormuz, near the key shipping routes in and out of the gulf.
THE Gwadar Port as seen in this file photo. It was inaugurated on Nov 13, 2016. It is located at the mouth of the Persian Gulf, just outside the Straits of Hormuz, near the key shipping routes in and out of the gulf.

GWADAR: The Pak-Afghan Chamber of Commerce & Industry (PACCI) and Gwadar Chamber of Commerce & Industry (GCCI) on Friday agreed to utilise Gwadar Port for Afghan transit trade. The chambers also agreed to take measures for boosting bilateral trade.

A delegation of PACCI and Karachi business community led by the chamber’s president President Javed Barwani and Zubair Motiwala visited Gwadar. GCCI President Nagman Abdul and former president of the chamber Naveed Kalmati were also present in the meeting.

In a meeting held at the office of Gwadar Development Authority (GDA), Captain Gul of Gwadar Port Authority and GDA’s Abdul Razaq Baloch briefed the delegates about the utilisation of Gwadar Port and the China Pakistan Economic Corridor (CPEC). The business leaders expressed their interest in promoting trade via Gwadar Port.

Former Karachi Chamber of Commerce and Industry president Junaid Makda and other business leaders were also among the delegates.

The meeting agreed that in the coming days PACCI, importers and exporters from the two countries and Afghan transit trade would utilise Gwadar Port. It was decided that steps in this regard would be taken in consultation with the concerned authorities so that Gwadar Port becomes a trade and economic hub between Pakistan and Afghanistan.

It was observed that mega development projects initiated under CPEC would ensure Gwadar’s place as the future economic hub of Pakistan.

In April 2020, as the Covid-19 pandemic spread, Pakistan had allowed import of bulk shipments of food items through Gwadar port for transit to Afghanistan to help Kabul maintain food supply.

Published in Dawn, March 19th, 2022

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Security challenges
Updated 08 Sep, 2024

Security challenges

It has been clear for a while that local populations in areas currently most affected by terrorism and militancy still do not want grand operations.
Irsa law changes
08 Sep, 2024

Irsa law changes

THE proposed controversial changes to the Irsa law, which aim to restructure the water regulator, will significantly...
Gaza polio campaign
08 Sep, 2024

Gaza polio campaign

AFTER 11 months of savage Israeli violence, Gaza’s health and sanitation systems have collapsed. As a result, the...
Furtive measures
Updated 07 Sep, 2024

Furtive measures

The entire electoral exercise has become riddled with controversy, yet ECP seems unwilling to address the lingering questions about the polls.
PCB hot seat
Updated 07 Sep, 2024

PCB hot seat

MOHSIN Naqvi is facing criticism from all quarters. Pakistan’s cricket board chief, who is also the country’s...
Rapes most foul
07 Sep, 2024

Rapes most foul

UNTIL the full force of the law is applied on perpetrators, insecurity will stalk Pakistan’s girl children and...