Pakistan’s Gwadar Port, built and managed by China, has run into rough weather due to inadequate cargo handled at the port and lack of use of port for transit to Afghanistan casting a shadow over Beijing’s Belt and Road Initiative (BRI) in the region.
China’s COSCO Shipping Lines recently terminated its container liner services between Karachi and Gwadar due to slow construction of Gwadar Free Trade Zone leading to insufficient pick up in export and import volume at the port terminal, ET has...
Pakistan’s Minister of Planning, Development and Reforms Khusro Bakhtiar said on Saturday that a comprehensive plan is being made to develop Gwadar port in the country’s southwest Balochistan province on modern lines, under the China-Pakistan Economic Corridor (CPEC).
Addressing a press conference here, Bakhtiar said that the country’s blue economy has a huge potential and a comprehensive plan is being made to enable Gwadar to emerge as a leading trading port in the region.
A master plan...
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