Gwadar Port Makes History with Inaugural Direct Export to China

In a groundbreaking development, Gwadar Port achieved a significant milestone by initiating its inaugural direct export to China on May 24th. This historic event witnessed five containers laden with pharmaceutical raw materials departing from the Gwadar Free Zone, bound for the Chinese port city of Tianjin, as confirmed by Hangeng Trading Company to Gwadar Pro.

The shipment is anticipated to complete its journey to China within a month. CEO Andy Liao hailed this achievement as a monumental breakthrough, emphasizing their plans to scale up import and export operations starting in June. He lauded the significance of this momentous occasion for Gwadar.

Gwadar Port spearheads the high-quality development of the China-Pakistan Economic Corridor, a pivotal pilot project within the China-proposed Belt and Road Initiative, and a primary platform for deepening bilateral cooperation. Liao highlighted that these direct exports would contribute to increasing remittances to Pakistan, thereby enhancing the country's economy.

Furthermore, he expressed optimism that the streamlined export facilities between Pakistan and China would attract more investors and businesses to Pakistan. Liao extended special gratitude to Customs and Terminal Corporation for their exemplary 5-star service.

Abdul Razzaq, the company's trading manager, revealed that 30 local workers from Gwadar were engaged in the processing of pharmaceutical raw materials. He underlined the ongoing celebrations in the Gwadar Free Zone and among all stakeholders in recognition of this historic achievement.

Liao concluded by expressing his hope and appeal for the State Bank of Pakistan to consider Gwadar as a pilot park for RMB settlement. He believed that this initiative would draw more investors to invest in Gwadar while bolstering foreign exchange through exports, thereby supporting Pakistan's economic development.