• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    China proposes to launch cargo service to Pakistan through CPEC

    By Pti
    |

    Beijing, July 6: China is planning to launch a road and rail freight service to Pakistan through the multi-billion dollar China-Pakistan Economic Corridor, a move which could raise concerns in India.

    The new line will start from Lanzhou, capital of northwestern China's Gansu Province, travelling through Kashgar in Xinjiang Uygur Autonomous Region to the Gwadar Port of Pakistan, Xu Chunhua, director of Lanzhou International Trade and Logistic Park, was quoted as saying by state-run Xinhua news agency.

    Chinese President Xi Jinping with Pakistan Prime Minister Nawaz Sharif

    However, it has not been specified when the service will be launched.

    In May last year, a rail and road cargo service opened between Lanzhou and Kathmandu.

    Xu said that the cargo service has been welcomed by south Asian countries.

    In 2016, bilateral trade between China and Nepal was over 3 billion yuan and the volume is forecast to hit 10 billion yuan this year.

    Last November, China launched the first trade convoy carrying Chinese goods for export through the western route of the $50 billion CPEC being laid through Pakistan-occupied Kashmir and shipped it through Gwadar port.

    The CPEC plan included a train service connecting both the countries in addition to the road connectivity.

    The goods were brought by train till Xinjiang and then taken by trucks through the Karakoram mountains. The goods will be exported to countries in the Middle East and Africa.
    india has objected to the $46 billion CPEC which is part of the Silk Road.

    Pakistan's Gwadar forms the southern Pakistan hub of a $57 billion CPEC of infrastructure and energy projects Beijing announced in 2014.

    Last year, Pakistan welcomed the first large shipment of Chinese goods at Gwadar, where the China Overseas Port Holding Company took over operations in 2013. It plans to eventually handle 300 million to 400 million tonnes of cargo a year.

    The route through Gwadar offers China its shortest path to the oil-rich Middle East, Africa, and most of the Western hemisphere, besides promising to open up remote, landlocked Xinjiang.

    PTI

    For Daily Alerts

    For Breaking News from Oneindia
    Get instant news updates throughout the day.

    Notification Settings X
    Time Settings
    Done
    Clear Notification X
    Do you want to clear all the notifications from your inbox?
    Settings X
    X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more