Gwadar port is playing a significant role in Afghan trade and is the only mean for Afghanistan to import and export their products and goods. China has invested a huge amount in the construction of Gwadar port, approximated around 250 million dollars. According to the CEPC agreement, China will get the 91% of earnings generated by the Gwadar port through trade for the next 40 years. Currently, the Afghan trade is the only source of income for Gwadar port. Hence, Pak-Afghan trade is essential for the operations to run smoothly at the dock and to pay off debt to China.
January 15, 2024
CPEC important pioneering project of Belt and Road Initiative: Mao Ning
BEIJING, Jan 11 (APP):The China Pakistan Economic Corridor (CPEC) has achieved some early harvests in transport infrastructure, energy, Gwadar Port, and other areas, giving a strong boost to economic and social development and regional connectivity...
