CPEC

Uzbekistan has agreed to use Pakistani ports for its exports

Uzbekistan has agreed to use Pakistani ports for its exports, saying China-Pakistan Economic Corridor (#CPEC) would play a key role.

According to details, the Federal Minister for Maritime Affairs Syed Ali Haider Zaidi was met by Lieutenant Colonel Saadullah Tashmatov, Defence Attaché, Embassy of the Republic of Uzbekistan.

The meeting proposed a special terminal and navy for exports to Central Asian states. On the occasion, Uzbekistan agreed to use Pakistani ports for its exports, saying that CPEC would play a key role. In the last two years, the trade volume between Uzbekistan and Pakistan has increased to $120 million.

In the meeting, Federal Minister Ali Zaidi said that Pakistani ports are the cheapest and most suitable route for exports to Central Asian countries.

He said that the ML-1 project would further facilitate transit trade, adding that the current government’s business-friendly policies and new shipping policy would play a significant role in this regard.

Tags

Leave a Reply

Your email address will not be published. Required fields are marked *

Close