AIRLINK 73.00 Decreased By ▼ -2.16 (-2.87%)
BOP 5.35 Decreased By ▼ -0.10 (-1.83%)
CNERGY 4.31 Decreased By ▼ -0.08 (-1.82%)
DFML 28.55 Increased By ▲ 0.91 (3.29%)
DGKC 74.29 Increased By ▲ 2.29 (3.18%)
FCCL 20.35 Increased By ▲ 0.06 (0.3%)
FFBL 30.90 Decreased By ▼ -0.15 (-0.48%)
FFL 10.06 Increased By ▲ 0.09 (0.9%)
GGL 10.39 Increased By ▲ 0.12 (1.17%)
HBL 115.97 Increased By ▲ 0.97 (0.84%)
HUBC 132.20 Increased By ▲ 0.75 (0.57%)
HUMNL 6.68 Decreased By ▼ -0.19 (-2.77%)
KEL 4.03 Decreased By ▼ -0.17 (-4.05%)
KOSM 4.60 Decreased By ▼ -0.17 (-3.56%)
MLCF 38.54 Increased By ▲ 1.46 (3.94%)
OGDC 133.85 Decreased By ▼ -1.60 (-1.18%)
PAEL 23.83 Increased By ▲ 0.43 (1.84%)
PIAA 27.13 Decreased By ▼ -0.18 (-0.66%)
PIBTL 6.76 Increased By ▲ 0.16 (2.42%)
PPL 112.80 Decreased By ▼ -0.36 (-0.32%)
PRL 28.16 Decreased By ▼ -0.59 (-2.05%)
PTC 14.89 Decreased By ▼ -0.61 (-3.94%)
SEARL 56.42 Decreased By ▼ -0.91 (-1.59%)
SNGP 65.80 Decreased By ▼ -1.19 (-1.78%)
SSGC 11.01 Decreased By ▼ -0.16 (-1.43%)
TELE 9.02 Decreased By ▼ -0.12 (-1.31%)
TPLP 11.90 Decreased By ▼ -0.15 (-1.24%)
TRG 69.10 Decreased By ▼ -1.29 (-1.83%)
UNITY 23.71 Increased By ▲ 0.06 (0.25%)
WTL 1.33 Decreased By ▼ -0.01 (-0.75%)
BR100 7,434 Decreased By -20.9 (-0.28%)
BR30 24,206 Decreased By -44.4 (-0.18%)
KSE100 71,359 Decreased By -74.1 (-0.1%)
KSE30 23,567 Increased By 0.5 (0%)

The National Logistics Cell (NLC), one of Pakistan’s biggest multimodal logistics organisations, has commenced Transports Internationaux Routiers (TIR) operations for Turkey and Azerbaijan, informed Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood on Friday.

Hailing the development, Dawood in a tweet post stated this is the beginning of a new era of ‘Connectivity through Trucking’ under Ministry of Commerce’s Silk Route Reconnect policy.

“It is a milestone in making Pakistan a transit and transshipment hub,” he said. The advisor also informed that a number of private companies are applying to get TIR permission, adding the government will provide all facilities to them.

“It will attract investment and create opportunities for our logistics companies and allied services due to the flow of international trade traffic through Pakistan,” said Dawood.

In April, Pakistan sent its first-ever TIR consignment carrying herbal medicines by Afghanistan to Uzbekistan. Whereas last month, Pakistan exported its first mango consignment to Russia via road, under the TIR. The mango consignment left Pakistan via the Taftan/Mirjawa border with Iran, and will reach Russia via the Tehran-Astara (Azerbaijan)-Astrakhan route.

The TIR Convention is an international customs transit system that facilitates trade by expediting border checks between countries. Pakistan entered the TIR Convention in 2016 and was declared as a ‘TIR Operational Country’ by the IRU (International Road Transport Union) in April 2018.

Pakistan exports mangoes to Russia for the first time via road

Pakistan entered the T.I.R. Customs Clearance System, which is administered globally by the International Road Transport Union (IRU) and in Pakistan by the Pakistan National Commission of International Chambers of Commerce (PNC- ICC). Countries are admitted to the system by signing a multilateral treaty.

Pakistan was admitted to the system as the 69th member state in 2016. Today 77 countries are part of this global trade system.

Comments

Comments are closed.