The good news for Pakistan is that the Gawadar Seaport is fully Operational now. According to a report of ARY News, Gawadar port is fully operational now which is a key part of the China Pakistan Economic Corridor Project. It is also a vital contribution of the One belt one road initiative.
Similarly, the establishment of a new directorate at Gawadar Seaport has been initiated to promote the processing of transit cargo, reserved for Afghanistan and China, in a more efficient manner.
Transit of goods from Pakistan to Afghanistan has been managed under the transit rules issued on 18th June 2001 (Sub Chapter VII of Chapter XXI and Chapter XXV of Custom Rules, 2001). The transit of goods from Gawadar to Afghanistan has been covered under various routes notified in the above-mentioned rules.
The Gawadar Port is a deep-sea port situated on the Arabian Sea at Gwadar in Balochistan. The 637-acre Gwadar Port has immense geostrategic importance as it is the entrance to the Persian Gulf and is considered to be a substitute for Dubai Port.
It is also featured prominently among the 4,764 similar cargo handling facilities located in 196 countries around the world. Besides, the China–Pakistan Economic Corridor (CPEC). It is considered to be a link between the ambitious One Belt, One Road, and Maritime Silk Road projects.
The port was inaugurated on 20th March 2007 by the then president Gen (r) Pervez Musharraf, who was accompanied by the then Chinese communications minister Li Shenglin. By March 2007, China had provided 80 percent of Gwadar Port’s $248 million initial development costs.
In 2015, it was announced that the port city would be further developed under CPEC at a cost of $1.62 billion. The development was aimed at linking the northern parts of Pakistan and Western China to the deepwater seaport.