Gwadar Port Functional Now for Afghan Transit Trade – Research Snipers

Gwadar Port Functional Now for Afghan Transit Trade

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The Gwadar Port for Afghan Transit Trade has been operationalized under the Afghanistan-Pakistan Transit Trade Agreement (APTTA) 2010. This was revealed by the Advisor to Prime Minister on Commerce Razzak Dawood

On Twitter, the advisor said, “I am pleased to share with you that Ministry of Commerce has operationalized Gwadar Port for Afghan Transit Trade under APTTA 2010.@ImranKhanPTI @ansukhera @aliya_hamza @Emergingpk @PTIofficial @PTVNewsOfficial @RadioPakistan @appcsocialmedia ¼.”

Must read: Industries in Gwadar under CPEC will Boost Export Volume of Pakistan

He said that Gwadar port’s operationalization for the Afghan Transit fulfills a long-standing request of the business community and the shipping industry. It will generate business opportunities and employment in Gwadar as well as on highways.

This step will boost port operations in Gwadar. Also it will create essential eco-system for another big seaport of Pakistan.

Ministry of Commerce earlier permitted the allowed import of Afghan bulk cargo of wheat, sugar, and fertilizers at the Gwadar Port and its transit to Afghanistan.

At the request of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI), Gwadar International Terminals Limited and other stakeholders this decision was taken.

The ministry was requested to permit the import of Afghan bulk cargo at the Gwadar Port and transit to Afghanistan in sealable trucks.

The ministry’s notification reads, “The petitions have been examined in light of the Afghanistan-Pakistan Transit Trade Agreement (APTTA) 2010, and in view of the provisions of the APTTA, the petitions of the stakeholders, and 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 fertilizers at the Gwadar Port and onward transit to Afghanistan shall be permitted in a bonded carrier, insured and sealable trucks having a tracking device installed on them.”

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