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Gwadar Port Ready for Afghan Transit Trade

ISLAMABAD – Pakistan’s Gawadar Port will soon start functioning fully for all kinds of imports, exports, and transshipments and for Afghan transit trade, a Pakistani Senate panel was informed.
Chaired by, Senator Kauda Babar, the sub-committee of the Pakistan’s Senate Standing Committee on Maritime Affair held its meeting in Gwadar.
Senator Muhammad Akram Baloch, customs chief collector, finance and development officials, Gwadar Port Authority chairman, administrators of Chinese companies and top officials of other departments participated in the meeting.
The committee was briefed on the preparations of Gwadar Port, Gwadar Free Zone and Pak-Afghan Transit Trade.
The convener of the sub-committee Senator Babar Baloch informed the participants that all arrangements have been finalized at the port to handle the Afghan Transit Trade and all other kinds of cargo ships.
Baloch informed the session that works on Gwadar Free Zone was undergoing at a fast pace and will be completed by the end of 2019.
The work on the 2003 acres of area of Gwadar Free Zone is under way and it would be completed by the end of this year, the committee was informed.
At the moment, the work of construction of offices, storage hall and cold storage on 60 acre area of this zone is in the final stage of completion, the meeting was further told.
Senator Babar told the participants that the government had finalized all terms and conditions recently with the Afghan authorities to start transit trade from Gwadar Port.
The senator observed that Pakistan with the cooperation of China would open technical centers on the Pakistan’s coastal sites of Jiwani, Pashkan and Pasni with a cost of Rs12 billion.
(Sahar News)

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