In a tweet on Saturday, Bajwa, who is also a chairman CPEC authority, said a dream come true for local economy as it will stimulate host of business activity.
First bulk-cargo ship “MV Manet” carrying wheat n urea of Afghan Transit trade reached Gwadar this week-a dream come true for local economy as it will stimulate host of business activity... #cpec #CPECMakingProgress pic.twitter.com/Imi9T4fbt2
— Asim Saleem Bajwa (@AsimSBajwa) May 30, 2020
Last month, Adviser to PM on Commerce and Investment, Abdul Razak Dawood had said that Gwadar Port has been made operational for the Afghan Transit Trade.
Announcing the development via his twitter handle, the commerce adviser shared that the Gwadar Port is now operational for Afghan Transit Trade under APTTA 2010.
The adviser said that that the move fulfills long-standing request of the business community and the shipping industry of the country.
It will also pave the way for generating business opportunities employment both in Gwadar and the surrounding regions, he added.
Pakistan begins transit trade to Afghanistan via Gwadar port
In January this year, the Gwadar port started handling transit cargo destined for Afghanistan.
The war-torn country has relied on Pakistani land routes and the two ports of Karachi and Port Qasim for international trade after a bilateral agreement, known as the Afghan Transit Trade Agreement (ATTA), was signed with Islamabad.
CPEC is a collection of projects currently under construction at a cost of more than $50 billion. The major portion will be spent on enhancing the energy capacity of the country and almost $12 billion on infrastructure-related projects.
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