Saturday, November 9, 2024
Saturday, November 9, 2024
HomePakistanPak-China border trade to restart next week after 3 year hiatus

Pak-China border trade to restart next week after 3 year hiatus

The resumption of Pak-China trade activities is expected to bring much-needed economic growth and development to the region. The Khunjerab Pass, located on the border between Pakistan and China, has been closed for all trade activities since 2020 due to the COVID-19 pandemic. However, both countries have now come to an agreement to reopen the pass for bilateral trade and other activities as part of the China-Pakistan Economic Corridor (CPEC).

The CPEC is a collection of infrastructure projects that are currently under construction throughout Pakistan. These projects are aimed at improving the country’s transportation infrastructure, energy production, and overall economic growth. The reopening of the Khunjerab Pass is a major milestone in the development of the CPEC, as it will allow for the transportation of goods between China and Pakistan.

The pass was briefly opened in 2020 to allow imports from China, but it was closed again due to the resurgence of COVID-19 cases. Despite a decrease in cases and the revival of trading activities globally, the border stayed sealed. The reopening of the pass for both imports and exports is a welcome development for both countries, especially given the economic impact of the pandemic.

According to the Home Secretary of Gilgit Baltistan, Rana Mohammad Saleem Afzal, the reopening of the Khunjerab Pass will take place in two stages. The first stage, which has already begun, involves the resumption of imports from China. The second stage, which is set to begin on April 1, will allow for exports from Pakistan.

The reopening of the pass is an extremely important move, as it will facilitate the transportation of Pak-China goods. This will not only benefit both countries economically but will also improve their diplomatic ties. The CPEC has been a point of contention between Pakistan and India, with India opposing the project due to concerns over China’s involvement in the region. The reopening of the pass for trade activities sends a positive message to both China and Pakistan’s allies, as it demonstrates their commitment to the development of the region.

In addition to the economic benefits of the reopening of the Khunjerab Pass, it will also improve the lives of the people in the region. The pass serves as a major Pak-China trade route , and the resumption of trade activities will bring employment opportunities and economic growth to the region. This will not only benefit the local communities but will also contribute to the overall economic growth of both countries.

 Pak-China Border Trade Restart Next Week

The reopening of the Khunjerab Pass is a testament to the strong diplomatic ties between China and Pakistan. The two countries have long been allies and have cooperated on various economic and strategic initiatives in the region. The CPEC is a prime example of this cooperation, as it aims to improve the economic growth and development of both countries. The reopening of the pass for trade activities is a significant step towards achieving this goal.

The reopening of the Khunjerab Pass for bilateral trade and other activities as part of the CPEC is a welcome development for both China and Pakistan. Pak-China relation will be more strong by this act. The pass serves as a major trade route between the two countries, and the resumption of trade activities will bring economic growth and development to the region. It is also a positive sign for their allies, as it demonstrates their commitment to the development of the region. The reopening of the pass is a testament to the strong diplomatic ties between China and Pakistan, and it is hoped that it will pave the way for further economic and strategic cooperation between the two countries.

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