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CPEC Committee recommends opening Sust border for a whole year - Inside Financial Markets

CPEC Committee recommends opening Sust border for a whole year

Associated Press of Pakistan

 The Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) on Wednesday recommended for viable proposals to open Sust border for whole year for increasing the bilateral trade between Pakistan and China.

The committee suggested to the quarters concerned to decide about the lead ministry which would regulate boder’s management framework for opening the Sust border for whole year and shrug off all the odds and challenges faced at the border so that seamless regulation of trade and economic activities could take place there.

The second (in-camera) meeting of the Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) was held in Constitution Room, Parliament House here under the Chairmanship of MNA Sher Ali Arbab.

The committee was briefed by Secretary, Ministry of Defence, Secretary, Aviation Division, Secretary, Board of Investment, Secretary, Ministry of Petroleum Division, Secretary, Ministry of Communications, Additional Secretary, Ministry of Planning, Development and Special Initiatives, Additional Secretary, Ministry of Interior, Joint Secretary, Power Division, Chairman, National Highways Authority, Secretary, Ministry Industries, Government of KP, Secretary, Industries, Government of Balochistan, CEO KPEZDMC, CEO, FIEDMC, CEO, PESCO, Managing Director, SSGC, Managing Director, SNGPL regarding Sust Border management framework, progress on New Gwadar International Airport, the updated progress on infrastructure Development of 4 Prioritized Special Economic Zones under CPEC (Rashakai KP, Allama Iqbal Industrial City Faislabad, Dhabeji Sindh and Bostan Quetta and Gwadar Fencing Project.

During briefing on Sust Border management framework, the committee remarked that the world was increasingly moving towards complex economic interdependence.

The committee said that in 21st century trade, commerce, investment and connectivity were Pakistan’s strategic interests.

The committee expressed dissatisfaction over snail’s pace progress on New Gwadar International Airport and remarked that the procrastination in provision of facilities to Gwadar which was deemed to compete with Dubai and Chahbahar port vehemently cripples economic activities there.

Pakistan cannot have prosperous Gwadar without having fully functional international airport there. It is, therefore, vital to take up the issue of its delay at the highest forum and expedite the process of its completion.

Secretary, Ministry of Defence Lt.Gen Mian Muhammad Halal Hussain briefed the committee on Gwadar Fencing Project.

He apprised that the project was primarily aimed at making Gwadar city a “weapon free zone” and to create enabling environment for trade and business.

He said the project started on 4th December, 2020. However, owing to reservations expressed by various segments of the society, it was temporarily halted on 29th December, 2020.

Government of Balochistan has also constituted a committee comprising local notables, elected representatives and civil administration for suggesting a way forward for the project, he informed.

He said that as soon as the consensus was evolved, the work on the project would be resumed at high speed. The committee recommended that MNA and Senator from Gwadar might also be included in that committee and apprehensions and reservations of local people pertaining to Gwadar Fencing Project should also be allayed to stave off the alienation of locals from the development of Gwadar under CPEC framework.

A pragmatic and holistic approach should be pursued with regard to the security measures being taken at Gwadar to beget a conducive environment for facilitating trade and investment there.

The committee expressed satisfaction over the pace of work on infrastructure development of Special Economic Zone (SEZ) Rashakai KP and Allama Iqbal Industrial City Faisalabad and noted that securing investment of billions of rupees in these SEZs was a landmark development.

The committee remarked that CPEC had potential prospects of ushering new era of economic development and lasting prosperity for the people of Pakistan and its success hinged upon the effective and timely operation of all SEZs.

Provision of utilities to all SEZs has been top priority of the committee therefore no compromise will be tolerated on the part of undue delay in provision of utilities to the SEZs.

The committee directed to take all the measures to catch maximum investment in SEZs and further expedite the process of provision of all ancillary facilities to SEZs.

The committee deferred briefing on Dhabeji SEZ due to absence of CEO, Dhabeji, Sindh and after observing slow progress on Bostan SEZ decided to convene special meeting on updated progress on infrastructure development of Bostan special economic zone by coming Wednesday.

The Committee sought the compliance on its previous recommendation regarding implementation of Axle Load Policy and expressed the concern that inability to implement Axle Load Policy in true letter and spirit is causing massive financial loss in billions of rupees in terms of road maintenance and repairing.

The overloaded vehicles are causing exponential damages to road infrastructure in Pakistan.

The Committee observed that there was an exigency of establishing the strongest coordination among all the quarters concerned and directed Ministry of Communications to ensure the implementation of axle load limit after consulting with all major stakeholders so that the trade could be regulated smoothly and damages to road infrastructure could be prevented.

The meeting was attended by MNAs Noor Alam Khan, Umer Aslam Khan, Mir Khan Muhammad Jamali, Ms. Nafeesa Inayatullah Khan Khattak, Ahsan Iqbal Chaudhry, Sardar Ayaz Sadiq, Murtaza Javed Abbasi,Ms. Mehnaz Akber Aziz, and Zahid Akram Durrani.

Syed Zaki Hussain

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