Modern Rail Tracks Intended For Trade With Afghanistan And Iran Expected To Be Layed
Thursday, May 12th, 2016 8:41:10 by modousarr
The Federal Commerce Minister, Khurram Dastgir, claimed that Pakistan is seriously contemplating forming modern rail tracks and also refurbishing present railway routes for direct and transit trade with Afghanistan and Iran.
In a meeting with a business delegation of South Africa, the minister said that the government is considering rail tracks as trade corridors, believing that they will play a huge role in improving Pakistan’s exports and bettering transit trade.
He said, “We will also establish a modern rail link from Gwadar Port to the upcountry and further extend it to Afghanistan for transit trade”, adding that thoughts were going into refurbishing the existing rail infrastructure for trade with Iran since their trade ties were getting stronger.
Dastgir stated that the government is using substantial materials to address electricity needs of export industries and as a result, construction of power plants including the Sahiwal coal-fired power plant was going on quickly.
“We shall ensure a smooth supply of imported raw material to the Sahiwal plant through railways.”
He also told the South African delegation that Pakistan had plans to initiate talks with South Africa for achieving a preferential trade agreement in an effort to increase the current trade volume between the two countries.
The delegation gave their support for the provision of funds, rail infrastructure development and services, technology transfer, training of human resource and logistics supports for the facilitation of imported input to different projects.
The delegation was led by Willem Goosen of Grindrod Rail and Multi-Continent Investment Company. A Pakistani businessman in South Africa, Ashfaq Anwar, also escorted them.
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