Business

Pakistan begins transit trade to Afghanistan via Gwadar port

Afghanistan Gwadar port

The government of Pakistan has started trade to Afghanistan through Gwadar port.

Pakistan has allowed the import of Afghan bulk cargoes under the Afghanistan Pakistan transport trade agreement via Gwadar port. Gwadar international terminal limited, Pakistan-Afghanistan Joint Chamber of Commerce and Industry, The Federation of Pakistan Chambers at Commerce and Industry, and many other stakeholders were approaching the ministry of commerce and requested to allow the import of afghan bulk cargo at the Gwadar port. Also, the online transportation to Afghanistan in profitable trucks was requested.

Office memorandum issued by the Ministry of Commerce on April 17, 2020, said concerning to implementation of the import and export policy orders via shipping, “For the sake of efficient and cost-effective operationalization of the Gwadar Port and the Western-Corridor of the CPEC, the import of Afghan bulk cargo of wheat, sugar, and fertilizer at the Gwadar Port and onward transit to Afghanistan shall be permitted”

The petitions were inspected in view of the Afghanistan and Pakistan transit trade agreement 2010. The provisions of the APTTA, petitions of the stakeholders and for the sake of efficient operationalization of the Gwadar port, the import of Afghan bulk cargo of wheat, the Western-Corridor of the CPEC, onward transit to Afghanistan shall be permitted in a bonded carrier, sugar and fertilizer at the Gwadar Port, and insured and sealable trucks having a tracking device installed on them. Necessary and efficient measures will be taken to ensure the security of the cargo.

Image source link
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top