AIRLINK 212.82 Increased By ▲ 3.27 (1.56%)
BOP 10.25 Decreased By ▼ -0.21 (-2.01%)
CNERGY 7.00 Decreased By ▼ -0.35 (-4.76%)
FCCL 33.47 Decreased By ▼ -0.92 (-2.68%)
FFL 17.64 Decreased By ▼ -0.41 (-2.27%)
FLYNG 21.82 Decreased By ▼ -1.10 (-4.8%)
HUBC 129.11 Decreased By ▼ -3.38 (-2.55%)
HUMNL 13.86 Decreased By ▼ -0.28 (-1.98%)
KEL 4.86 Decreased By ▼ -0.17 (-3.38%)
KOSM 6.93 Decreased By ▼ -0.14 (-1.98%)
MLCF 43.63 Decreased By ▼ -1.57 (-3.47%)
OGDC 212.95 Decreased By ▼ -5.43 (-2.49%)
PACE 7.22 Decreased By ▼ -0.36 (-4.75%)
PAEL 41.17 Decreased By ▼ -0.53 (-1.27%)
PIAHCLA 16.83 Decreased By ▼ -0.47 (-2.72%)
PIBTL 8.63 Increased By ▲ 0.08 (0.94%)
POWERPS 12.50 No Change ▼ 0.00 (0%)
PPL 183.03 Decreased By ▼ -6.00 (-3.17%)
PRL 39.63 Decreased By ▼ -2.70 (-6.38%)
PTC 24.73 Decreased By ▼ -0.44 (-1.75%)
SEARL 98.01 Decreased By ▼ -5.95 (-5.72%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 41.73 Increased By ▲ 2.49 (6.35%)
SYM 18.86 Decreased By ▼ -0.30 (-1.57%)
TELE 9.00 Decreased By ▼ -0.24 (-2.6%)
TPLP 12.40 Decreased By ▼ -0.70 (-5.34%)
TRG 65.68 Decreased By ▼ -3.50 (-5.06%)
WAVESAPP 10.98 Increased By ▲ 0.26 (2.43%)
WTL 1.79 Increased By ▲ 0.08 (4.68%)
YOUW 4.03 Decreased By ▼ -0.11 (-2.66%)
BR100 11,866 Decreased By -213.1 (-1.76%)
BR30 35,697 Decreased By -905.3 (-2.47%)
KSE100 114,148 Decreased By -1904.2 (-1.64%)
KSE30 35,952 Decreased By -625.5 (-1.71%)

KARACHI: Amjad Rafi, Chairman of Pakistan-Turkish Joint Business Council of FPCCI has warmly welcomed and appreciated the move by NLC that obtained permission by land route from TIR for transportation of goods from Pakistan to Turkey.

“This will not only save shipment time but freight cost will also come down which has increased more than five times by sea at present. This was a long pending ‘recommendation’ of PTJBC in all joint meetings and other relevant forums. If this goes through, in the longer run CIS countries on one side and Europe on the other will be accessible through land route,” Amjad Rafi said.

It may be mentioned here that Istanbul-Tehran-Islamabad (ITI) road corridor is going to be revived by the National Logistic Cell (NLC) to perform the first commercial run by transporting high-value products from Pakistan to Turkey in the last week of this month. The revival of the ITI road corridor will improve and strengthen the regional connectivity of Pakistan with Iran and Turkey.

The NLC is well prepared to start transporting high-value products loaded in 40-feet containers on three trailers from Islamabad to Istanbul via Taftan, Zahidan and Tehran. It will be the first commercial run to revive the ITI-road corridor. High-value products are packed and sealed properly and generally transported from one place to another through containers so as to ensure their safe delivery to receivers.

These products include textile-related equipment, raw material, electronics, plastic, household items, computers, home appliances, non-perishable food items, dry fruit, furniture and carpets etc.

For regional transport operations and connectivity, the national flag carrier, NLC, had been granted last month the Transports Internationaux Routiers (TIR) license/ admission by the Pakistan National Authorization Committee of International Transport Union. Under the TIR admission, the NLC has been allowed for the movement of cargo across the borders without procedural hiccups.

According to PTJBC Chairman, Turkey is a gateway to the European countries, with a huge textile-raw material requirement (Denim, yarn, etc) and Pakistan, which is playing an important role in fulfilling this requirement, would be able to transport its goods to Europe much before Bangladesh. The service will be beneficial for both, exporters and importers as shipments presently taking around a month to reach the final destinations would now take only 10 days, Amjad Rafi added.—PR

Copyright Business Recorder, 2021

Comments

Comments are closed.