AIRLINK 64.32 Increased By ▲ 2.12 (3.41%)
BOP 6.18 Decreased By ▼ -0.05 (-0.8%)
CNERGY 4.88 Decreased By ▼ -0.11 (-2.2%)
DFML 14.93 Increased By ▲ 0.03 (0.2%)
DGKC 66.85 Decreased By ▼ -2.14 (-3.1%)
FCCL 17.40 Decreased By ▼ -0.33 (-1.86%)
FFBL 24.80 Increased By ▲ 0.20 (0.81%)
FFL 9.18 Decreased By ▼ -0.03 (-0.33%)
GGL 10.26 Increased By ▲ 0.36 (3.64%)
HBL 108.63 Increased By ▲ 0.13 (0.12%)
HUBC 117.20 Increased By ▲ 0.70 (0.6%)
HUMNL 6.64 Decreased By ▼ -0.06 (-0.9%)
KEL 4.42 Decreased By ▼ -0.04 (-0.9%)
KOSM 4.66 Decreased By ▼ -0.06 (-1.27%)
MLCF 35.89 Decreased By ▼ -1.01 (-2.74%)
OGDC 123.30 No Change ▼ 0.00 (0%)
PAEL 23.00 Increased By ▲ 0.56 (2.5%)
PIAA 23.89 Increased By ▲ 1.67 (7.52%)
PIBTL 5.77 Increased By ▲ 0.02 (0.35%)
PPL 110.98 Increased By ▲ 0.08 (0.07%)
PRL 27.63 Increased By ▲ 0.06 (0.22%)
PTC 15.25 Increased By ▲ 1.06 (7.47%)
SEARL 53.10 Decreased By ▼ -0.15 (-0.28%)
SNGP 63.35 Decreased By ▼ -0.40 (-0.63%)
SSGC 10.82 Decreased By ▼ -0.18 (-1.64%)
TELE 9.23 Increased By ▲ 0.28 (3.13%)
TPLP 10.95 Increased By ▲ 0.22 (2.05%)
TRG 71.55 Increased By ▲ 1.25 (1.78%)
UNITY 24.65 Increased By ▲ 0.45 (1.86%)
WTL 1.38 Increased By ▲ 0.02 (1.47%)
BR100 6,755 Increased By 57.1 (0.85%)
BR30 22,668 Increased By 49.7 (0.22%)
KSE100 65,533 Increased By 642.6 (0.99%)
KSE30 21,737 Increased By 201.1 (0.93%)

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.