Posts

Showing posts with the label Gwadar & Chabahar Port

Gwadar Port Pakistan to hold ton load of goods

Image
Completion of Gwadar Port Pakistan As soon as the Gwadar Port Pakistan is completed it will handle a load of 300-400 million tons of trade annually which will significantly boost Pakistan's economy from 2 to 3.5 percent for many years.   Currently, the Gwadar Port Pakistan handles about half a million tons a year and will increase to one million. Doctor Ashafaq Khan, Principal of the school of economics, NUST, Islamabad said Gwadar Blog  Port Pakistan can hold 300 to 400 tons of cargo while all ports in India have a total capacity of handling 500 million tons a year. CPEC with Connection to Gwadar China Pakistan Economic Corridor with connection to Gwadar Port Pakistan could handle major economies in the western part of China of 4-5 trillion. It will boost Pakistan’s economy with a total of $ 300 billion and other provinces such as Central Asia. The China-Pakistan Economic Corridor will be called the International Corridor which emphasizes that Pakistan will be the cen

A Tale of 2 Ports: Gwadar & Chabahar Port

Image
Geo-strategic situation in Pakistan The Geo-strategic situation in Pakistan and its neighbors is rapidly changing, which means that economically powerful countries are redefining their roles in the region to gain more benefits. The purpose of these alliances is to achieve their economic, political and other benefits. Pakistan and China Signature of China Pakistan Economic Tunnel is an achievement of economic cooperation between the two countries. Afghanistan is a partner in the Indian trade agreement of Chahbahar. The distance to Gwadar Port Pakistan from Karachi is approximately 650 kilometres and 75 kilometres from the Iranian port of Chabahar. The Gwadar Port Pakistan is connected to Kashgar city of China and a distance of 2500 kilometres by highway at Karakoram in Pakistan. China relies heavily on Gulf countries importing about 60% of Gulf oil when ships must cover a total of 16000 kilometres to their Chinese trading port through the Pacific and Indian Oceans which takes 3 mon