First cargo arrives in Pakistan under new road trade deal with China
Pakistan and China have inaugurated the first international road transport trade route as part of the China-Pakistan Economic Corridor (CPEC) project, aimed at facilitating cross-border trade with landlocked nations. The event, which occurred on the CPEC’s 10th anniversary, signifies a significant advancement in fostering trade and connectivity between the two countries. The inaugural shipment, organized by China, successfully reached the Khunjerab Border and is en route to Afghanistan through the Karakoram Highway. This move not only bolsters economic ties between Pakistan and China but also establishes a vital land route for linking Central Asian countries. The National Logistics Corporation of Pakistan and Chinese company Siva Logistics are collaborating to enhance efficiency and security in cross-border shipments, utilizing the UN’s International Road Transport Convention (TIR) to expedite customs procedures. The city of Kashgar’s designation as a national logistics center for 2023 underscores its strategic role in international trade facilitation. The local community of Gilgit-Baltistan has enthusiastically welcomed this development, coinciding with the launch of international flights from Skardu International Airport.
GILGIT: Pakistan and China inaugurated a first international road transport trade route under the China-Pakistan Economic Corridor (CPEC) to facilitate cross-border trade with landlocked countries.
The opening ceremony took place on the 10th anniversary of the CPEC project. This development marks a significant step towards promoting cross-border trade and connectivity between Pakistan and China.
The inaugural shipment, organized by China, successfully reached the Khunjerab Border, marking the first consignment en route to Afghanistan. Utilizing the Karakoram Highway (KKH) as a transit route, the cargo will enter Afghanistan through the Torkham Border. This milestone not only strengthens economic ties between the two nations but also offers a crucial land route for connecting the Central Asian countries.
The National Logistics Corporation (NLC) of Pakistan and Chinese company Siva Logistics have initiated bilateral transit trade operations between the two countries. The collaboration aims to enhance efficiency and security in cross-border shipments. The utilization of the United Nations International Road Transport Convention (TIR) will streamline customs procedures, ensuring swift movement of goods across borders.
Kashgar has been designated as a national logistics center by the Chinese government for the year 2023, further highlighting its strategic importance in facilitating international trade.
The local population of Gilgit-Baltistan has warmly embraced this milestone, which coincides with the commencement of international flights from Skardu International Airport.
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