Xinhua media revealed that China and Pakistan have recently launched a direct rail and sea freight service, as a part of China-Pakistan Economic Corridor project (CPEC), which is an extension of China’s Maritime Silk Road initiative.
A cargo train loaded with 500 tons of supplies was transferred to Karachi from Kunming, the capital of Yunnan, which is an inland province in southwest China, to the port city of Guangzhou.
This officially makes this the first delivery from this specific route. This 3,000-kilometre network of roads, railways and pipelines are used to transfer oil and gas from Gwadar Port to Kashgar city in China.
An employee from New Silk Road Yunnan Limited, estimating that the development will reduce the transport cost by over 50 per cent as compared to older routes, stated, “The route helps locals businesses connect with the world market.”
CPEC Docked First Ship at Gwadar to Carry Out Chinese Consignment
Recently in October, Pakistan and China commenced their trade partnership under CPEC with hundreds of Chinese containers brought to the Sust port in Hunz to be delivered to Gwadar, only after clearing the mandatory customs.
During his visit to Pakistan in May 2013, President Xi Jinping officially signed the agreement on the route. Accompanying him on this trip was Chinese Premier, Li Keqiang who announced that the CPEC’s new Maritime Silk Route would form a close connection between the three billion people residing in Asia, Africa, and Europe.
Accompanying him on this trip was Chinese Premier, Li Keqiang who announced that the CPEC’s new Maritime Silk Route would form a close connection between the three billion people residing in Asia, Africa, and Europe.
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