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Oman mulls ferry service to Pakistan

Plans are underway to launch a ferry service between Oman and Pakistan in a bid to bolster trade, the Pakistani Prime Minister has said. The ferry service will operate between Gwadar and Muscat and will transport goods between the two countries, Yousuf Raza Gilani told a press conference in Muscat.

Trilateral transit trade agreement vital, says PM

ISLAMABAD: Prime Minister Yousaf Raza Gilani on Monday emphasised the importance of the implementation of a trilateral transit trade agreement with Afghanistan and Tajikistan and the connectivity between Tajikistan and Pakistan through construction of a road between Chitral and Tajikistan through the Wakhan Corridor to promote trade and economic ties.

Chinese interests caught in drone threat

QUETTA, Pakistan – The reported United States plan to use Predator drone aircraft to attack targets in Pakistan’s southwestern province of Balochistan may affect activity there by the Chinese, who have focused most of their investment in the country in that area, notably around the seaport of Gwadar, according to local analysts.

Gwadar prospect's not tied to Musharraf

GWADAR: One cannot understand the logic of importing fertilizer through the Gwadar Port given that most of this is then transported through the Coastal Highway to Karachi from where it makes its way to the rest of the country. But there is a method to the madness, explain local officials of the port.

The limping Gwadar port

The arrival and anchorage of first commercial cargo ship Al-Fahdah carrying 650 tons of dates at the Gwadar deep-sea port on July 22 indicated that the port can handle big cargo vessels. Presently, three berths are functional but significant issues in making the port fully operational have yet to be addressed.

China shelves refinery project at Gwadar

ISLAMABAD: Pakistan has to face another setback in attracting foreign investment as China has shelved the Coastal Oil Refinery Project at Gwadar in strategically located Balochistan province, and has deleted it from the list of Financial Development Programme 2009-10 agreed between the two countries.

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