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Pakistan allows Russia use of Gwadar Port under CPEC

IANS  |  Ashgabat 

on Saturday decided to accord approval to a Russian request for using the Gwadar Port for its as Moscow has also showed its willingness to be part of the China-Economic Corridor (CPEC).

Following Iran and Turkmenistan, has decided to use the Gwadar Port for trade to have an access to warm waters, a top official privy to the development told Geo News.

also wants to join the to reap maximum dividends. In addition, aspires to develop strategic defence ties with Pakistan, Geo News reported. Islamabad has moved forward with a green signal allowing to use the Gwadar Port for trade.

Prime Minister Nawaz Sharif said that many countries wanted to join as half of the world would benefit from the project.

He announced building railways, road and laying fibre-optic cables along with Turkmenistan-Pakistan-Afghanistan-India (TAPI) 1,680-km-long gas pipeline to enhance connectivity between South Asia and Central Asia for the benefit of about half of the world's population that lives in this part of the world.



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

First Published: Sat, November 26 2016. 14:38 IST