Insta
Russia Gets The Green Light From Pakistan To Use Gwadar Port Under CPEC
Swarajya Staff
Nov 26, 2016, 03:05 PM | Updated 03:05 PM IST
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Pakistan on Saturday (26 November) decided to approve a Russian request for using the Gwadar Port for its exports, as Moscow has shown its willingness to be part of the China-Pakistan Economic Corridor (CPEC).
Following Iran and Turkmenistan, Russia has decided to use the Gwadar Port for trade, a top official privy to the development told Geo News.
Russia also wants to join the CPEC to reap maximum dividends. In addition, it aspires to develop strategic defence ties with Pakistan, Geo News reported.
Prime Minister Nawaz Sharif said many countries wanted to join CPEC as half of the world would benefit from the project.
Sharif announced building railways and roads 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.
With inputs from IANS
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