Is the SCO a missed opportunity for Pakistan? | The Express Tribune - https://lnkd.in/dHBxGvW7 In this article, I explain that despite its strategic location, Pakistan has become irrelevant in transit trade due to its security-focused policies.
Dr. Manzoor Ahmad’s Post
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A lot of people like to claim Pakistan is “strategically located” as a trade corridor. Let us break that illusion: There isn’t a single product in the world that, at any point, needs something moved from Kashgar to Karachi on its journey from manufacturer to end market. The Pakistani govt has repeatedly tried to convince countries like China to help us build our infrastructure. But China has no use for Pakistan’s infrastructure. It must be built by Pakistanis, using Pakistani money, and for Pakistani needs. Read on at: https://lnkd.in/duvsDXv4
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Let's start with Pak Studies books in O'levels :)
A lot of people like to claim Pakistan is “strategically located” as a trade corridor. Let us break that illusion: There isn’t a single product in the world that, at any point, needs something moved from Kashgar to Karachi on its journey from manufacturer to end market. The Pakistani govt has repeatedly tried to convince countries like China to help us build our infrastructure. But China has no use for Pakistan’s infrastructure. It must be built by Pakistanis, using Pakistani money, and for Pakistani needs. Read on at: https://lnkd.in/duvsDXv4
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Afghanistan is a big market for Iran: According to the current report of the Ministry of Commerce, in the seven months of this year, trade between Iran and Afghanistan was worth 1 billion and 727 million dollars. We sent them goods worth 30 million dollars, they imported goods worth 1.8 million dollars. #afghanistan
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The Torkham border, a crucial gateway between Pakistan and Afghanistan, plays a significant role in the regional economy. This bustling crossing point is essential for facilitating trade and logistics, enabling the movement of goods, fostering economic growth, and enhancing bilateral relations. Afghan traders gain access to Pakistani markets and ports, while Pakistani businesses expand their reach into Central Asia. #Trade #Logistics #Pakistan #Afghanistan #Torkham #EconomicGrowth #RegionalIntegration
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Exciting news for Pakistan! Pakistani Customs has successfully intercepted smuggled diesel oil, bolstering the economy and supporting the government's efforts to strengthen the country's financial health. This is a great development for Pakistan's economy. Read more about it here: [link to article] #Pakistan #Customs #Economy #BusinessNews
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Pakistan has seen a significant increase in its exports to seven regional countries, which surged by 20% to $3.655 billion over the first 10 months of the current fiscal year. This notable growth underscores Pakistan's expanding trade relations and its successful penetration into regional markets. The increase in exports reflects the country's efforts to enhance trade ties and diversify its export destinations. The growth also highlights the positive impact of government initiatives aimed at boosting export-oriented sectors and improving trade logistics. This development is a positive sign for Pakistan's economy, showcasing the potential for further growth and stability through enhanced regional cooperation and trade partnerships. Visit https://lnkd.in/dYepVRg8 to know more about us #Pakistan #Exports #RegionalTrade #EconomicGrowth #TradeDevelopment #PakistanEconomy #InternationalTrade #ExportGrowth
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Prime Minister Shehbaz Sharif has set an ambitious export target of $60 billion for Pakistan to achieve within the next three years. This goal underscores the government's commitment to boosting the country's economic growth and global trade presence. To reach this target, the government plans to implement various strategic measures, including enhancing the competitiveness of key export sectors, expanding market access, and improving trade facilitation. This initiative aims to diversify Pakistan's export portfolio and strengthen its position in the international market. Visit https://lnkd.in/dYepVRg8 to know more about us #ExportTarget #PakistanEconomy #Trade #EconomicGrowth #GlobalTrade #MarketAccess #Competitiveness
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The government of Pakistan and the Republic of Turkiye on Monday agreed to increase the volume of trade to $5 billion. Additionally, plans for the establishment of a branch of a Turkish Bank in Pakistan were also discussed to further solidify economic ties between the two nations. Tap the link in our bio for more 🔗 #pakistan #turkey #Trade #economy
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It's intriguing to see the Taliban spokesperson endorsing the Chabahar Port as an alternative trade route for Afghanistan. This move could potentially reshape regional trade dynamics and reduce Afghanistan's dependence on Pakistani ports like Karachi. The development holds significant promise for bolstering Afghanistan's economic independence. The strategic location of the port allows Afghanistan to engage with diverse trading partners and secure access to the vital Indian Ocean. Moreover, the Chabahar Port plays a crucial role in the International North-South Transport Corridor, linking Mumbai to Moscow through Tehran, Baku, and other key points.
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𝗜𝗻𝗱𝗶𝗮 𝗦𝗲𝗰𝘂𝗿𝗲𝘀 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 𝗟𝗶𝗻𝗸 𝘄𝗶𝘁𝗵 𝟭𝟬-𝗬𝗲𝗮𝗿 𝗖𝗵𝗮𝗯𝗮𝗵𝗮𝗿 𝗣𝗼𝗿𝘁 𝗗𝗲𝗮𝗹 India has signed a pivotal 10-year contract with Iran to operate Chabahar Port, enhancing connectivity with Afghanistan and Central Asia. The deal, worth $370 million, bypasses rival Pakistan's ports and bolsters regional trade and supply chain resilience despite U.S. sanctions warnings. India aims to develop Chabahar as a key trade route, contributing significantly to economic ties and regional stability. #finance #news #IndiaIran #TradeRoutes #GlobalSupplyChain Source:- https://lnkd.in/epzUys2p
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