Gwadar Port Gains Momentum as Turkmenistan Signs Strategic Agreement
Turkmenistan is set to become the first Central Asian nation to use Pakistan’s Gwadar Port under CPEC. A draft agreement between the Port of Gwadar and the Port of Turkmenbashi is under cabinet review. This partnership will enhance regional trade by connecting South and Central Asia through improved rail, fiber, and transit routes. Experts believe this development will strengthen trade links in Central Eurasia, Afghanistan, Southern Russia, and Southwest China, boosting the potential of Gwadar Port. Khalid Taimur Akram highlighted the benefits this deal could offer to other landlocked Central Asian nations and Pakistan.
ISLAMABAD – Turkmenistan is set to become the first Central Asian nation to utilise Pakistan’s Gwadar Port under the China- Pakistan Economic Corridor (CPEC) as a draft agreement between the Port of Gwadar and the Port of Turkmenbashi is under review at the cabinet level. The partnership aims to enhance regional trade by linking South and Central Asia through improved rail, fiber, and transit routes, Gwadar Pro reported on Wednesday. This deal is expected to reshape trade dynamics in the region, boosting regional trade prospects and instilling hope and confidence in the port’s potential. Experts believe this strategic development at Gwadar will pave the way for vast regions of Central Eurasia, Afghanistan, Southern Russia, and Southwest China to converge at Gwadar. The agreement reflects both nations’ dedication to strengthening trade links and promoting broader regional integration. Khalid Taimur Akram, a Central Asia and regional expert and analyst, noted that this access could offer numerous benefits to other landlocked Central Asian nations and Pakistan.
New Gwadar International Airport to boost regional connectivity and economic growth in Pakistan
GWADAR, Pakistan, Nov. 5 (Xinhua) — Khalid Kakar, airport manager of Gwadar Airport …