Turkmenistan Eyes Pakistan’s Gwadar Port for Trade Expansion

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But Ashgabat could hesitate to fully commit to the project, given the dire security situation in Balochistan and regional security challenges.

A core plan under CPEC was to build road and railway connections across Pakistan, linking Gwadar Port to major Pakistani cities and then into China’s western Xinjiang region.

Given Pakistan’s current economic crisis, rising debt, and ongoing negotiations with the IMF, with a recent $7 billion loan, the financial gains from increased transit trade and port activities through Gwadar have become more critical than ever.

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Article Details

Author / Journalist: Mariyam Suleman Anees

Category: Economy

Markets: United StatesAfghanistanCanadaChinaJapanKazakhstanPakistanTurkmenistanUzbekistan

Topics: Pakistan Transit Central Project Routes Asia Port Turkmenistan Security Access Gwadar

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 14:43:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2058 words

Reading Time: 12 minutes read

Sentences: 103 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 22794684

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