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Pakistan Joins the formation of the multimodal corridor "Belarus – Russia – Kazakhstan – Uzbekistan – Afghanistan – Pakistan – Ports of the Indian Ocean"

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19.09.2024 810 Yangiliklar

In September 18, 2024, as part of international cooperation in the field of transport and logistics, Pakistan officially joined the Memorandum on mutual Understanding on the creation and development of International Transport Corridor 'Belarus – Russia – Kazakhstan – Uzbekistan – Afghanistan – Pakistan – Ports of the Indian Ocean'" (hereinafter referred to as the ITC). The Minister of Communications of the Islamic Republic of Pakistan signed this Memorandum, emphasizing the importance and significance of this project for the development of trade and economic relations and cargo transportation in the region.

 

The process of creating and developing the ITC began in August, 2022 at the third meeting of the Joint Working Group on Cooperation between the Government of the Republic of Uzbekistan and the Eurasian Economic Commission. At this meeting, issues regarding the development of the ITC were actively discussed, with the Russian and Belarusian sides expressing particular interest in the implementation of this project.

 

It is worth noting that in November 2023, a Memorandum on mutual Understanding was signed between the transport ministers of Russia, Kazakhstan, and Uzbekistan, which marked the beginning of the active phase of work on the project. The first meeting of the Working group on the development of the multimodal transport corridor was held in April, 2024 in the city of Termez, during which the Ministry of Transport of Belarus joined the Memorandum, whereas, Afghanistan and Pakistan announced the completion of domestic procedures for joining the project. At this meeting, a Roadmap was signed, which includes specific plans for the development of cargo transportation, analysis of cargo flows, implementation of electronic digital documents, and optimization of customs procedures.

 

Pakistan's accession to this large-scale project marks an important step in strengthening regional trade ties and accelerating international freight transportation through the ITC. The parties expect that the ITC will become a crucial link in the transport system of Eurasia, providing convenient and efficient routes for the transit of goods and enhancing economic cooperation among the participating countries.