Pakistan agrees to Russia's use of Gwadar port for export operations
The Government Of Pakistan Has already been Agreed To Use The Port Of Gwadar For Export Operations In The Context Of Moscow's Interest In The China-Pakistan Economic Corridor, The Pakistan News International Reported.
Russia's Caspian neighbors, Turkmenistan and Iran, have also shown interest in using the port of Gwadar for trade, the newspaper reported.
According to the media analysis, the head of the Russian Federal Security Service, Mr. Bortnikov, visited Islamabad and held talks with senior representatives of Pakistan's intelligence and defense services. After Bortnikov raised Russia's desire to join the China-Pakistan economic corridor, the Pakistani government sent a positive signal allowing Russia to use the port of Gwadar.
At that time, Pakistani PM, who is visiting Turkmenistan, welcomed Russia's desire to join the economic corridor, according to the newspaper. An agreement on the port is expected to be signed next month.
Gwadar Port is an essential node in the China-Pakistan Economic Corridor. The port was inaugurated as early but only became commercially operational in 2021. State companies hold ports, but they managed by China Overseas Ports Holdings Limited.
Chinese President Xi Jinping reached a consensus with the prime minister during a visit to Pakistan to build the China-Pakistan Economic Corridor from China's Xinjiang Uygur Autonomous Region Gwadar Port, Pakistan. China is expected to invest billions.
The China-Pakistan Economic Corridor is 3000 kilometers long, connecting the Silk Road Economic Belt to the north. As we know Silk Road to the south is a key hub for the north-south Silk Road, a trade corridor including roads, railways, oil and gas, and fiber-optic cable channels important part of China's Belt and Road.