AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

PESHAWAR: Chairman Standing Committee of Sarhad Chamber of Commerce and Industry (SCCI) on Railways and Dry Port, Zia-ul-Haq Sarhadi has said the plan of connecting Pakistan, Uzbekistan and Afghanistan through a railway network will prove as `Game Changer’ with the passage of time.

In a press statement issued here on Friday, Zia-ul-Haq Sarhadi who is also Coordinator Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) said signing of tripartite agreement between the three countries for developing railway network is a very welcoming step and would have very far reaching positive impact on the economy of the whole region.

It merits a mention here that Pakistan, Uzbekistan and Afghanistan have signed a tripartite agreement last week to connect the three countries through a railway network.

The agreement will not only provide access to Pakistani products to Central Asian Republics and Russia but also to the Baltic estates, Zia expressed the hope.

The route will also help in reducing the import cost up to 40 percent by connecting the railway link from Tarmand in Uzbekistan to Mazhar Shari (Loghar province) in Afghanistan and Kharlachi in Pakistan, observed Zia in the statement.

The new route, he continued, will also reduce trade goods delivery time by five days between Uzbekistan and Pakistan.

Zia said Pakistan has been striving for the last several years to promote commercial, social and cultural relations with Central Asian countries and this project will make the dream come true.

Similarly, the landlocked Central Asian Republics can utilize Pakistan seaports for transportation of goods to Middle East and African countries by availing the facility of new rail link, he continued.

The project on completion in 2027 will make Pakistan a connectivity hub in the region and apart from increasing regional trade, will also help in enhancing travelling by people.

Copyright Business Recorder, 2023

Comments

Comments are closed.