Islamabad
Federal Minister for Railways Muhammad Hanif Abbasi and Uzbekistan’s Ambassador to Pakistan, Ali Shir Takhtae held detailed discussions on Tuesday regarding the Uzbekistan-Afghanistan-Pakistan Railway Transit Corridor project.
The meeting was focused to further strengthen cooperation in the railway sector and to devise a joint strategy for the completion of this historic project, said a news release.
During the meeting, the leaders described the project as a milestone for regional economic growth and the consolidation of trade ties.
Consensus was reached to finalize cooperation on this approximately 850-kilometer long railway connectivity project, which included the construction of a new 647-kilometer railway line through Afghanistan.
This corridor will become the first direct railway link between Central Asia and South Asia, opening new avenues for trade and economic collaboration in the region.
Hanif Abbasi said, “Upon completion of this project, Pakistan will gain the shortest and most efficient route to Central Asia, which will not only increase trade volumes but also strengthen the region’s economy on a solid footing.”
He further added, “This railway corridor will significantly reduce transit time and transportation costs, benefiting all stakeholders.”
He mentioned that the corridor is expected to handle an annual freight capacity of 15 million tons, which will tremendously boost export and import volumes in the region.
The Minister termed this project a historic milestone that will provide Central Asia direct access to Pakistan’s ports, facilitating easier access to global trading markets.
Hanif Abbasi emphasized the strategic importance of the project as a key component of China’s Belt and Road Initiative, stating, “This project will not only reinforce economic ties but will also play a pivotal role in promoting regional peace and stability. ”—APP
