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Saturday, July 20, 2024

Pakistan-China set sights on Trade Corridor

Pakistan-China set sights on Trade Corridor
Pakistan-China set sights on Trade Corridor

(Beijing) – China and Pakistan set their sights Friday on developing a transport link from northwestern China through rugged Pakistani mountains to the Arabian Sea, a route they hope will boost economic growth and slash shipping times.
A broad agreement for the “economic corridor” was among eight pacts signed following a meeting in Beijing between Chinese Premier Li Keqiang and Pakistani Prime Minister Nawaz Sharif. The transport link was described as a “long-term plan” to connect the Chinese city of Kashgar to the port of Gwadar, more than 2,000 kilometers (1,240 miles) away across the towering Karakoram mountains and Pakistan’s lawless Baluchistan province.

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