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Dastgir offers SCO members to use Pakistani ports after completion of CPEC

byCustoms Today Report
17/09/2015
in Business
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ISLAMABAD: Federal Commerce Minister Khurram Dastgir Khan has asked the members of Shanghai Cooperation Organisation (SCO) to use Pakistani ports after completion of the China-Pakistan Economic Corridor.

The minister said this, while addressing the meeting of Ministers of Commerce of SCO in Xian, China. The minister said, “Pakistan’s trade strategy focuses on developing linkages with our neighbours, leveraging our geographical location, and capitalizing on regional connectivity initiatives.”

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He emphasised that cross-border land trade is especially important for landlocked member countries as Pakistan and SCO countries will benefit substantially from greater integration through energy, commerce and transit trade.

He said that China-Pakistan Economic Corridor (CPEC) is a landmark initiative under the umbrella of One Belt One Road and this economic corridor will connect the nodes of growth centres, falling between Kashgar and Gwadar.

SCO members include China, Kazakhastan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan. Prime Minister Nawaz Sharif has visited all the countries in SCO after assuming office in order to explore and develop strong political, economic and trade ties with these countries.

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