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According to a latest report, 5 agreements were signed between Pakistan and China for collaboration between Gwadar and the Chinese port cities. PM Abbasi attended the ceremony and inked the documents after the inauguration of the Gwadar Free Zone.
The agreements included declaration of Gwadar and Tianjin as sister ports, MoU for cooperation between PSO, GITL and Gwadar, for cooperation between the Securities and Exchange Commission of Pakistan and China’s Free Trade Zone Company as well as cooperation between Gwadar and HATA Trade City.
In addition, a MoU on the Gwadar Poverty Alleviation Initiative was also signed between Gwadar district government and China Overseas Ports Holding Company.
