Experts review CPEC trade activities

Published May 10, 2019
Experts from Pakistan and China on Thursday reviewed problems related to the volume of traffic and trade activities on the China-Pakistan Economic Corridor (CPEC). — Reuters/File
Experts from Pakistan and China on Thursday reviewed problems related to the volume of traffic and trade activities on the China-Pakistan Economic Corridor (CPEC). — Reuters/File

ISLAMABAD: Experts from Pakistan and China on Thursday reviewed problems related to the volume of traffic and trade activities on the China-Pakistan Economic Corridor (CPEC).

The two sides held a detailed discussion on the issues during signing of minutes of the two-day expert groups meeting on international road transport at the communications ministry.

Read: Success of CPEC linked to job opportunities for Pakistanis

Communications ministry’s senior joint secretary Altaf Asghar and leader of the Chinese delegation and party secretary of the transportation department Xinjiang Lin Ping signed the minutes.

The two-day talks bet­ween working level expert groups from Pakistan and China were aimed at promoting bilateral trade through the CPEC.

On the first day of the meeting, both sides discussed in details matters relating to exchange of information about China-Pakistan international transport volume during 2018, the present condition of the Karakoram Highway, restoration of the Kashgar-Gilgit bus service, and start of bus service from Lahore and Islamabad to Kashgar, routine mechanism for holding of bilateral talks on a regular basis and grant of multiple entries visas to the drivers/crew members.

The meeting also reviewed problems being faced by transport companies and facilitation measures by both the sides. A proposal to open the Pak-China border seven days a week was also considered.

The meeting was told that construction work on Havelian-Thakot section was in progress and hopefully would be completed by March 2020. The meeting also reviewed a plan to obtain services of more than one bus operator from both sides that would ultimately pave the way for ensuring quality services for cross-border transportation of passengers and freight.

In order to expand the range of trade relationship between Pakistan and China and to facilitate transportation of passengers and goods, both sides desired implementation of the bilateral road transport agreement in an effective manner.

Speaking on the occasion, Communications Secretary Shoaib Ahmad Siddiqui said that Pakistan and China were on the same page to further expand the range of cooperation in trade, industry and tourism sectors that would ultimately prepare the ground for economic uplift of the whole region.

Altaf Asghar led the Pakistan delegation which comprised senior officers from the ministries of communications, foreign affairs, interior and commerce, National Highway Authori­ty, Pakistan Tourism Develop­ment Corporation, National Logistic Cell and Northern Areas Transport Cooperation.

Lin Ping led the eight-member Chinese delegation that included officials from the international road transport office Xinjiang and other officers of relevant Chinese departments.

Published in Dawn, May 10th, 2019

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Accessing the RSF

Accessing the RSF

RSF can help catalyse private sector inves­tment encouraging investment flows, build upon institutional partnerships with MDBs, other financial institutions.

Editorial

Madressah oversight
Updated 19 Dec, 2024

Madressah oversight

Bill should be reconsidered and Directorate General of Religious Education, formed to oversee seminaries, should not be rolled back.
Kurram’s misery
19 Dec, 2024

Kurram’s misery

THE unfolding humanitarian crisis in Kurram district, particularly in Parachinar city, has reached alarming...
Hiking gas rates
19 Dec, 2024

Hiking gas rates

IMPLEMENTATION of a new Ogra recommendation to increase the gas prices by an average 8.7pc or Rs142.45 per mmBtu in...
Geopolitical games
Updated 18 Dec, 2024

Geopolitical games

While Assad may be gone — and not many are mourning the end of his brutal rule — Syria’s future does not look promising.
Polio’s toll
18 Dec, 2024

Polio’s toll

MONDAY’s attacks on polio workers in Karak and Bannu that martyred Constable Irfanullah and wounded two ...
Development expenditure
18 Dec, 2024

Development expenditure

PAKISTAN’S infrastructure development woes are wide and deep. The country must annually spend at least 10pc of its...