Pakistan and Turkmenistan are set to sign an agreement allowing Turkmenistan access to Gwadar Port, making it the first Central Asian country to gain access under the China-Pakistan Economic Corridor (CPEC). The Pakistani government has formed a committee to review the draft agreement between Gwadar Port and Turkmenbashi Port.
CPEC, considered the backbone of Pakistan’s economy, is playing a crucial role in the country’s economic development. The corridor is facilitating various joint projects between Pakistan and Turkmenistan, including the TAPI pipeline, railway tracks, and fiber connectivity, aimed at linking South and Central Asia.
In a recent cabinet meeting, a committee was also formed to consider allocating 50% of public sector imports through Gwadar Port. The Pakistani government, with support from all institutions, political forces, and the people of Balochistan, is committed to realizing the positive outcomes of CPEC.
Balochistan, known for its skilled, hardworking, patriotic, and conscientious people, is playing a significant role in Pakistan’s socio-economic progress. The government views CPEC as key to Pakistan’s future social and economic development.