BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that a certain proportion of government imports should be done from Gwadar port. This was directed by the prime minister while presiding over a review meeting regarding the China-Pakistan Economic Corridor (CPEC) and other projects under Chinese investment on Tuesday.

He directed that that a certain proportion of country’s imports, especially of government imports, should be done through Gwadar port.

Shehbaz Sharif also directed the ministries to coordinate with each other for speedy implementation of CPEC Phase-2 as no interruption from ministries and government agencies in this regard would be accepted.

PM terms CPEC-II a big opportunity for private sector

He further directed that foolproof security of Chinese residents should be ensured and stated that the China-Pakistan economic partnership is at the highest level in history and wanted the relevant officers and institutions should ensure that positive results are yielded for both countries.

The meeting was informed in detail about the progress on the implementation of the second phase of CPEC.

The meeting was attended by federal Ministers, Ahsan Iqbal, Mohammad Aurangzeb, Jam Kamal Khan, Ahad Khan Cheema, Rana Tanveer Hussain, Qaiser Ahmed Sheikh, Sardar Owais Leghari, Dr Musadik Malik, Abdul Aleem Khan, Special Assistant Tariq Fatemi, Coordinator to Prime Minister Rana Ehsan Afzal, and concerned high officials.

The chief secretaries of the four provinces participated in the meeting through video link.

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.

Realist May 15, 2024 07:06am
Wasn't this very measure announced a few years back as well?Seems we've been going around in circles all these years Madness is doing the same thing over and over again and expecting different results
0
Maqbool May 15, 2024 10:46am
Will this cost the country more ? If so, will the political parties reimburse Pakistan for the extra cost.
0
Dr Ikram May 15, 2024 01:03pm
Complete imports should be handled by Gwadar. This will make CPEC meaningful to Pakistan. Import gateway of Pakistan should be be Gwadar.
0
Saeed May 15, 2024 03:21pm
Allow Iran to use gwadar so it can bypass maritime sanctions
0
Tariq Qurashi May 16, 2024 10:44am
Unless Gwadar becomes an industrialized duty free city like Dubai, it is unlikely that the port will develop because Karachi is just so much more convenient.
0