First trade under China-Pakistan CPEC begins

At least a 100 police-guarded Chinese containers arrive in Pakistan as CPEC trade kicks off with the goods being exempt from import tax

First trade under China-Pakistan CPEC begins

World Bulletin / News Desk

Pakistan and China on Monday began first trade activities under the China-Pakistan Economic Corridor project (CPEC).

At least a hundred Chinese containers arrived at the Sust port after getting permission from customs and an inaugural ceremony was held at the port a day earlier, Dawn reported.

The containers left for Gwadar after custom clearance.

Chinese officials as well as Gilgit-Baltistan Chief Minister Hafeezur Rehman and the Force Commander of Gilgit-Baltistan, Saqib Mahmud Malik attended the ceremony.

Addressing the inaugural ceremony, Mr Rehman said that the CPEC would change the fate of GB, adding that one thousand Chinese containers would pass through the Karakoram highway in Gilgit-Baltistan every week. “This activity will bring prosperity and end unemployment in the region,’’ the chief minister said.

He said that it was an important day for both Chinese and Pakistani people since trade activity under the CPEC had officially started.

As part of the security for CPEC, police personnel were posted on the containers.

 Source: Daily Pakistan
Last Mod: 01 Kasım 2016, 10:53
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