ANL 16.20 Decreased By ▼ -0.18 (-1.1%)
ASC 14.63 Increased By ▲ 0.95 (6.94%)
ASL 20.04 Decreased By ▼ -0.41 (-2%)
BOP 8.55 Decreased By ▼ -0.05 (-0.58%)
BYCO 7.53 Increased By ▲ 0.24 (3.29%)
FCCL 17.50 Increased By ▲ 0.11 (0.63%)
FFBL 23.15 Increased By ▲ 1.68 (7.82%)
FFL 15.25 Increased By ▲ 0.35 (2.35%)
FNEL 7.35 Increased By ▲ 0.05 (0.68%)
GGGL 17.15 Increased By ▲ 0.74 (4.51%)
GGL 29.95 Increased By ▲ 0.10 (0.34%)
HUMNL 5.96 Increased By ▲ 0.17 (2.94%)
JSCL 20.68 Increased By ▲ 0.28 (1.37%)
KAPCO 28.99 Increased By ▲ 0.31 (1.08%)
KEL 3.48 Increased By ▲ 0.03 (0.87%)
MDTL 2.11 Decreased By ▼ -0.09 (-4.09%)
MLCF 33.60 Increased By ▲ 0.18 (0.54%)
NETSOL 106.00 Decreased By ▼ -1.55 (-1.44%)
PACE 4.33 Decreased By ▼ -0.17 (-3.78%)
PAEL 27.95 Increased By ▲ 0.75 (2.76%)
PIBTL 8.70 Increased By ▲ 0.10 (1.16%)
POWER 6.90 Decreased By ▼ -0.03 (-0.43%)
PRL 17.18 Increased By ▲ 0.87 (5.33%)
PTC 9.30 Increased By ▲ 0.12 (1.31%)
SILK 1.44 No Change ▼ 0.00 (0%)
SNGP 42.33 Increased By ▲ 0.27 (0.64%)
TELE 16.45 Decreased By ▼ -0.09 (-0.54%)
TRG 135.78 Decreased By ▼ -2.22 (-1.61%)
UNITY 29.90 Increased By ▲ 1.40 (4.91%)
WTL 2.40 Decreased By ▼ -0.05 (-2.04%)
BR100 4,668 Increased By ▲ 50.21 (1.09%)
BR30 20,892 Increased By ▲ 107.28 (0.52%)
KSE100 44,822 Increased By ▲ 487.85 (1.1%)
KSE30 17,521 Increased By ▲ 178.45 (1.03%)

Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,252
2424hr
Pakistan Cases
1,263,664
89324hr
1.7% positivity
Sindh
465,175
Punjab
437,572
Balochistan
33,114
Islamabad
106,402
KPK
176,650

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.