You are here: Home » News-IANS » Business-Economy
Business Standard

First cargo train from China leaves for Karachi

IANS  |  Islamabad/Beijing 

and have launched a direct rail and sea freight service, with the first cargo train departing from Yunnan, an inland province in southwest

A cargo train loaded with 500 tonnes of commodities left Kunming, capital of Yunnan, for on Wednesday, marking the opening of the new route, the official Xinhua news agency reported.

"The route helps locals businesses connect with the world market," a representative from the New Silk Road Yunnan Limited said.

The new rail, sea freight will cut logistics cost, including that of transport, by 50 per cent compared to past services, the news agency reported.

The service is part of China's Maritime Silk Road initiative, of which the China-Economic Corridor project is an extension.

and kicked off first trade activities under CPEC in October as over a hundred Chinese containers arrived at the Sust port in Hunza, following clearance from customs. The containers were headed to Gwadar sea port, in Balochistan province of

--IANS

ahm/dg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU