Pakistan

Afghan, Gwadar chambers of commerce explore Gwadar trade activities

Gwadar Afghan

To boost up commercial and business activities in Gwadar, Gwadar Chamber of Commerce and Industry (GCCI) explored Gwadar trade activities in a meeting with visiting delegation of Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) at GCCI office in Gwadar.

Gwadar, the second deepest seaport of the world was not given due importance since the inception of Pakistan. But in the whole CPEC program, it has got paramount importance. It rather seems to be the centre of all economic activities, relating to CPEC. Government Pakistan and China jointly have spent billions of rupees on the development of the forgotten city. Not only China, but the neighboring country Afghanistan too has also much interest in Gwadar with reference to the economic activities.

The matters regarding boosting up the Pak-Afghan trade were discussed in the meeting, including the trade with the Central Asian States (CARs). This meeting was in connection with the commitments of both the neighboring countries to connect all the chambers with the Afghan business community and strengthen B2B relationship between the two countries.

Read more: FPCCI signs partnership agreement with Greater Manchester Chambers of Commerce

The president of Gwadar Chamber of Commerce and Industry appreciated the efforts of the Pak-Afghan Chamber of Commerce and Industry, particularly Zubair Motiwala who is the Chairman of the forum for making the efforts for the business community and socio-economic development of Pakistan by collaborating with all stakeholders and government entities across the border.

Zubair Motiwala on the occasion said, “Trade can be increased by effectively deploying infrastructure, provision of cheap and green electricity, mobile and internet connectivity, roads, service areas on borders, establishing banking network and strengthening security.”  

He said that the property which is given on rent in Gwadar Economic Zone is not the boosting factor for long-term economic activities as the investors’ interest lessens in this case. He suggested that after three years’ investment, the priority to purchase the property should be given to the investors so that they could start the long-term projects here.

Zubair Motiwal further said that electricity is expensive in the zone, therefore, the solar, wind, and hydropower projects should be established in Gwadar which will attract investors, resulting in an increase in the employment opportunities in the area.

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