- Gwadar port provides huge trade opportunity to CARs, Afghanistan: Abdul Razak Dawood
Gwadar Port Provides Huge Trade Opportunity To CARs, Afghanistan: Abdul Razak Dawood
Sumaira FH Published December 19, 2020 | 12:13 PM
Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has said Gwadar port would provide huge opportunities to the energy rich Central Asian Countries and Afghanistan for regional trade connectivity
ISLAMABAD, (UrduPoint / Pakistan Point News - 19th Dec, 2020 ) :Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has said Gwadar port would provide huge opportunities to the energy rich Central Asian Countries and Afghanistan for regional trade connectivity.
Talking to APP in an exclusive interview here, adviser Abdul Razak Dawood said that government was prioritizing the economic integration to promote regional trade and connect the regional important trade players with the deep sea port Gwadar.
Replying to question, he said that Central Asian Republic (CARs) are demanding to providing them trade facilitation in Gwadar and Bin Qasim sea port for international and regional trade and providing them the facility of the warehouse.
Adviser said Deep Sea Port of Gwadar has its own Geo-Strategic and economic importance which was located at the centre of regional connectivity and a possible railway link from Gwadar to Kandhar and other parts of Afghanistan.
Razak Dawood said that Pakistan was actively participating in regional forums of Central Asia Economic Cooperation (CAREC) and Quadrilateral Traffic in Transit Agreement (QTTA) so that maximum benefits could be taken when the Gwadar Port operates at full capacity in near future.
He said development of Gwadar Port under China-Pakistan Economic Corridors (CPEC) would provide more opportunities to establish new industries as huge investment has been pouring in under CPEC and it will also provide the shortest possible route to the goods in transit.
He said that with the improvement in Trans-shipment facilities at Gwadar, the whole dynamics of the regional connectivity would be changed.
He said that in future, it would be a main Sea-gate for the Central Asia.
Razak Dawood said that all possible steps are being taken by the Ministry of Commerce, in coordination with other stakeholders, to provide modern facilities at Gwadar Port so that goods clearance time may be reduced as per the set international standards.
Moreover, in the forthcoming Strategic Trade Policy Framework (STPF 2020-25) special focus has been accorded to Trade facilitation, Economic Infrastructure Development, Transhipment and Development of Economic Corridors (CPEC and CAREC) so that overall policy environment could be improved in general and regional connectivity should be increased in particular, he informed.
Razak Dawood said the work on Afghanistan's Request List has been undertaken by Ministry of Commerce, in consultation with Government sector stakeholders including Ministry of Industries, Ministry of National food Security and Research and FBR, as well as private sector.