Karachi
Current weather
Humidity-
Wind direction-
Advertisement

Oman-Pakistan maritime ferry link nears launch to boost trade

Stay updated - Follow TOK on WhatsApp for instant alerts!
Pakistan and Oman move closer to launching direct ferry service to enhance trade.
Gwadar Port proposed as hub, with US$10–15 billion projected annual revenue.
Pakistan’s 2024 exports to Oman valued at US$224 million, with plans to increase.
0:00 / --:--
Advertisement

The long-anticipated Oman-Pakistan maritime ferry link is now close to becoming a reality. Senior officials from both nations confirmed progress during a recent high-level meeting in Islamabad.

Pakistan’s Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, and Oman’s Ambassador to Pakistan, H E Fahad bin Sulaiman al Kharusi, discussed the project in detail.

Talks focused on starting a direct ferry service, increasing trade, and sharing maritime expertise.

Read More: Five companies submit proposals for ferry service from Gwadar to Gulf

H E Naveed Bokhari, Pakistan’s Ambassador to Oman, said the ferry proposal has reached an advanced stage. “Oman and Pakistan share centuries of maritime ties.

Establishing this route is a natural step,” he stated. He added that ministerial-level efforts this time make the project far more likely to succeed.

In 2024, Pakistan exported goods worth around US$224 million to Oman through ports. Chaudhry stressed the need to multiply this figure. He proposed joint infrastructure projects and better maritime logistics.

Advertisement

Gwadar Port, he noted, could serve as a central hub for the ferry service, with trade and transit revenues projected at US$10–15 billion annually.

Share

Follow Times of Karachi on Google News and explore your favorite content more quickly!
Leave a Reply
Related Posts
🚫 Ad blocker detected. Please disable your ad blocker to support our content.
Close Button
Advertisement