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75 containers reach Gwadar from China via CPEC route

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http://viveremilano.biz/2016/11/13/75-containers-reach-gwadar-from-china-via-cpec-route/
75 containers reach Gwadar from China via CPEC route
Novembre 13, 2016 in Esteri


Gwadar-airport-eastern-expressway-projects%E2%80%99-groundbreaking-in-2016.jpg



The 3,000km trade route, called the China Pakistan Economic Corridor (CPEC), links China's Xinjiang province with Gwadar in Pakistan's Balochistan province.

Prime Minister Nawaz Sharif will kick off the shipment of trade goods from Gwadar Port to global markets on Sunday (today), marking the historic launch of trade activity through China Pakistan Economic Corridor (CPEC).

The first consignment comprised of 50 trucks as it set off from the Chinese city of Kashgar and after passing through Gilgit-Baltistan under the security of Pak Army and other security officials reached Gwadar port.

China and Pakistan hope to turn Gwadar as the hub of regional trade and commerce, with the CPEC linking China to the new port by land route.

The ship anchored at the port on Friday and a second trade convoy was scheduled to arrive on Saturday, Dawn reported.

The China-Pakistan Economic Corridor (CPEC), a $46-billon project, was proposed by Chinese President Xi Jinping to enhance regional connectivity, communication and cooperation.

This news story is related to Print/164562-PM-to-launch-cargo-shipment-activity-from-Gwadar-Port-today/ - breaking news, latest news, pakistan ne.

The speakers at the rally said that the CPEC project would prove a game changer for Balochistan and its development.

India has formally opposed the CPEC because it runs through Azad Kashmir, which is a disputed territory.

Besides Pakistan and China, even Iran Afghanistan and Central Asian States will also take advantage of the project that is going to make an impact on the eastern region within few years.

About $4.5 billion of the planned investment in the corridor will go towards road infrastructure, with two-thirds of the total $46 billion funnelled towards energy projects.



 
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