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Pakistan Gears Up For More Trade Deals with Central Asian States

Pakistan Gears Up For More Trade Deals with Central Asian States

25 Nov, 2022 06:51

Pakistan has adopted a diversified modus operandi to improve its export outlook and initiated the ‘Look Central Asian States policy’ to capture more markets.

Also “Look Africa policy” adopted in the previous tenure will continue as it has started giving dividends to Pakistan in terms of making inroads into the vast markets of African countries. The minister said that Kazakhstan is a rich country and a trade agreement with it would benefit Pakistan. “Also, with Kyrgyzstan, the trade deal is nearing completion.”

To a question, Qamar responded that the commerce ministry officials are working on the trans-shipment policy but it will give dividends once the Gwadar Port is fully operational and is connected with all parts of the country. He said that wheat, which was earlier planned to be imported through Gwadar, is not being brought into the country via Gwadar because of its lack of connectivity for smooth transportation to various parts of the country.

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