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03 April 2020 The on-line newspaper devoted to the world of transports 09:57 GMT+2

May 24, 2016

Pakistan approves massive tax exemptions for Gwadar port operators

By Shahbaz Rana
The Express Tribune

ISLAMABAD: Pakistan approved on Monday sweeping tax concessions for Chinese operators at the deep-sea Gwadar port and businesses that will operate in the Gwadar Free Zone for up to 40 years to make the Arabian Sea port an important node in Beijing's 'One-Belt, One-Road' strategic initiative.
The Economic Coordination Committee (ECC) of the Cabinet took the decision on a day when Iran, India and Afghanistan signed a trilateral transit agreement to counter the China-Pakistan Economic Corridor (CPEC) ......
Read more on The Express Tribune

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