Gwadar to emerge as Asian trade nucleus

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Lahore, Mar.4 (ANI): China Overseas Ports Holding Company chairman Zhang Bao Zhong has said that Gwadar possesses immense strategic lure and could emerge as the key shipping point.

He was addressing during the signing of MoU between North South Transport Network (NSTN) Private Limited Pakistan and Gwadar International Terminal Limited (GITL) at the PCJCCI premises.

The agreement has been signed in order to complement and fortify the common interests and objectives amongst the parties with respect to cooperation in the development of the Gwadar port, Dawn reports.

Gwadar, being an international city, would emerge as a financial center and trading pivot of the region, which will definitely attract talented residents from Pakistan. (ANI)

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