A Bloomberg Article.

 

Chinese Ship Opens New Trade Route Via Pakistani Port

Pakistan’s top civilian and military leaders traveled to the country’s southwest on Sunday to open a new international trade route by seeing off a Chinese ship that’s exporting goods to the Middle East and Africa from the newly built Gwadar port.

The first convoy of Chinese trucks carrying goods for sale abroad has arrived in Pakistan amid tight security using a road linking Gwadar to China’s northwestern Xinjiang region, the government said in a statement.

Prime Minister Nawaz Sharif said that Pakistan will provide best possible security to foreign investors to enable them to use the Chinese-funded port for international trade.

China is building a network of roads and power plants under a project known as China-Pakistan Economic Corridor that is expected to absorb $46 billion in Chinese investment in the coming decades.