• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Sunday, June 22, 2025

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel Tensions
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Ramblings
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • Lifestyle
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Gwadar Port starts its first-ever direct export to China

In a major development, Gwadar port started its first-ever direct export to China on May 24, as five containers carrying pharmaceutical raw materials left the Gwadar Free Zone for the Chinese port city of Tianjin, Hangeng Trading Company told Gwadar Pro.

The shipment will reach China within 30 days. Describing it as a major breakthrough, the company’s CEO Andy Liao said, “Starting from June, we will increase the volume of import and export goods. It’s a huge achievement and historical moment for Gwadar.”

Gwadar Port leads the high-quality development of China-Pakistan Economic Corridor, an important pilot project of the China-proposed Belt and Road Initiative and one of the main platforms for deepening bilateral cooperation.

“The direct exports will play a role in increasing remittances to Pakistan and improve Pakistan’s economy,” he said. “More investors and companies will come to Pakistan after seeing easy export facilities between Pakistan and China. Our special thanks go to Customs and Terminal Corporation for their 5-star service,” Liao added.

According to the company’s trading manager Abdul Razzaq, 30 local workers from Gwadar were employed for the processing of pharmaceutical raw materials.

He said that celebrations are going on in the Gwadar Free Zone and among all the stakeholders on this historical achievement.

Liao hoped and appealed that the State Bank of Pakistan can use Gwadar as a pilot park for RMB settlement as it will attract more investors to invest in Gwadar and also exports can bring foreign exchange, which is helpful for Pakistan’s economic development.

Filed Under: Business

Submit a Comment




Primary Sidebar




Latest News

BTS completes military service, full group set to reunite in 2025

Shanto’s twin tons guide Bangladesh to historic draw in Galle

Justice Mansoor Ali Shah opposes bench extension without 26th amendment verdict

FM Dar, COAS Asim Munir meet president Erdogan, discuss regional peace

Lahore welcomes rain as weather turns pleasant after days of humidity

Pakistan

Justice Mansoor Ali Shah opposes bench extension without 26th amendment verdict

FM Dar, COAS Asim Munir meet president Erdogan, discuss regional peace

Lahore welcomes rain as weather turns pleasant after days of humidity

Dar tells OIC: Iran has full right to defend itself against Israeli aggression

Only state can declare jihad, says ISPR DG in call for national unity

More Posts from this Category

Business

Israel-Tehran conflict cripples border trade between Pakistan and Iran

Europeans seek ‘digital sovereignty’ as US tech firms embrace Trump

Pakistan, Russia reaffirm to deepen energy cooperation

Gold price per tola gains Rs1,465

Technical session on budget 2025–26 and economic policy held at Punjab Assembly

More Posts from this Category

World

Global reactions pour in after U.S. strikes Iran: condemnations and pleas for peace

Iran vows to defend itself after ‘outrageous’ U.S. strikes on nuclear sites

Israel pushes for swift strike on Iran as U.S. leadership remains divided

More Posts from this Category




punjab

Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2025 Daily Times. All rights reserved.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy