Gwadar anchors corridor
China Daily | Updated: 2016-09-09 08:45
The recent launch ceremony for the free trade zone in Gwadar Port is a further step toward establishing the China-Pakistan Economic Corridor.
The port, which is only 400 kilometers away from the Strait of Hormuz, should have long ago developed into an important trade and logistics base for the Arabian Sea region. However, due to its backward facilities, it has failed to play its deserved role or be included in the global economic network.
However, with the necessary infrastructure it will be able to fulfill this role and become a foundation for the China-Pakistan Economic Corridor.
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