Turkmenistan to access Gwadar Port under CPEC

Turkmenistan is set to become the first Central Asian country to access the Gwadar Port under China Pakistan Economic Corridor (CPEC) as both countries are about to ink an agreement in this regard.

Pakistan and Turkmenistan are already venturing various joint projects, including TAPI pipeline, railway track and fibre connectivity to connect two regions – South and Central Asia.

Sources told The Express Tribune the government has formed a committee with a task to vet the draft of the agreement to be signed between Port of Gwadar and Port of Turkmenbashi under the CPEC.

In the recent cabinet meeting, the Planning, Development and Special Initiatives minister was assigned a task to oversee the agreement with the support of the Ministry of Commerce, Ministry of Finance and Ministry of Maritime Affairs.

The agreement shall be placed before the cabinet after it is vetted by the committee and the planning ministry.