‘Dream come true’ as first bulk cargo ship reaches Gwadar
ISLAMABAD: In a landmark milestone of the China-Pakistan Economic Corridor (CPEC) project, the first bulk cargo ship has reached Gwadar’s port, Special Assistant to the Prime Minister on Information Gen (retd) Asim Saleem Bajwa announced as he characterised it as a “dream come true”.
In a tweet on Saturday, Bajwa, who is also Chairman of the China Pakistan Economic Corridor Authority (CPECA), wrote: “The cargo ship namely MV Manet that is part of Afghan Transit Trade is carrying wheat and urea.”
He termed the development a “dream come true” for the local economy as it would stimulate host of business activity in the country.
The cargo containers would be transported by road to Afghanistan. The landlocked country mostly relies on Pakistani overland routes for its international trade, and for this purpose the two countries signed the Afghan-Pakistan Transit Trade Agreement (APTTA) in 2010 to use two seaports in Karachi for the transportation of goods to and from Afghanistan.
However, the deep sea port at Gwadar offers a much shorter route for Afghanistan’s cargo. The first cargo ship carrying containers for Afghan transit trade had arrived at Gwadar in January this year.
The port is a central part of the CPEC mega project being executed with the assistance of China to improve connectivity between the two countries in particular and with the whole region in general.
CPEC is a $60 billion endeavour which includes various projects such as construction of roads and railway infrastructure, electricity projects, airports, special economic zones, agriculture, and projects for socio-economic development of the local communities.
-
NASA Celebrates One Year Of Trump’s Second Term With Moon And Mars Achievements -
Chris Pratt Shares Real Thoughts On AI In Film Industry -
Netflix Disappointed As Meghan Markle’s Series Struggles To Impress -
Royal Family Announces Death Of Princess: King Releases Statement -
Sarah Ferguson Will Continue To Be Part Of Andrew's Life -
Google’s Gemini Now Offers Free SAT Prep With Full-length Mock Tests -
Everything You Need To Know About Macron’s Viral Glasses: Cost, Model, All Details Revealed -
Elon Musk Warns Of AI ‘supersonic Tsunami’: What It Means For Future -
Why Victoria Beckham's Dance Video From Brooklyn's Wedding Won't Be Released -
Prince Harry No Longer Focused On Healing Royal Family Feud? -
OpenAI Aims To Make AI A Daily Global Tool -
Will Andrew Receive Any Royal Treatment After Title, Royal Lodge Removal? -
How Your Body 'suffers' In Back Pain And Simple Way To Fix It -
What Victoria Beckham Really Did At Brooklyn, Nicola’s Wedding Revealed -
Send Your Name To Moon With Nasa’s Artemis Mission: Here’s How -
Zhipu AI, MiniMax Debuts Mask Structural Hurdles For China’s Tech Giants