Pakistan plans new trade route from Karachi to Djibouti
Pakistan is planning to open a new maritime trade corridor between Karachi and Djibouti to strengthen economic ties with East African countries.
The Ministry of Maritime Affairs has launched this effort to improve shipping and boost trade with the East African Community, a fast-growing regional bloc.
The East African Community (EAC) includes countries like Kenya, Uganda, Rwanda, and Tanzania, with a total population of over 500 million and a $600 billion GDP.
Federal Minister Junaid Anwar Chaudhry said the plan includes support from other ministries and aims to help Pakistani businesses reach new markets in Africa.
The first step will be to launch a direct shipping line from Karachi to Djibouti, which will lower costs and speed up deliveries.
Djibouti is a major shipping hub, offering access to ports in Ethiopia, Somalia, and other nearby countries in East Africa.
In the second phase, Gwadar Port will be developed to handle trade with Africa and increase Pakistan’s long-term export capabilities to the region.
The maritime trade corridor will support sectors like agriculture, textiles, pharmaceuticals, and machinery, all of which are in high demand in African markets.
Minister Chaudhry said improved trade routes will help raise exports, attract investment, and build lasting partnerships with EAC nations.
This new trade push is expected to create opportunities for Pakistani industries and improve the country’s trade position in East Africa.
