Karachi Port Signs MoU with Chinese Port Trust
Aiswarya Lakshmi
Monday, June 1, 2015
The Karachi Port Trust (KPT) and Guangdong Transport Department, China signed a memorandum of understanding (MOU) for strengthening shipping connectivity and establishing cooperation.
The MoU was signed by KPT Chairman Vice Admiral Shafqat Jawed and Guangdong Transport Department Director General Zeng Zhaogeng. The signing took place when a delegation, led by Guangdong Vice Governor Liu Zhigeng visited the Karachi port.
Talking on the occasion Minister Ports and Shipping said that the MOU is the first ever in KPT’s history. In the past such agreements were made at the level of foreign ministry. Appreciating China’s help, support and efforts he said that the MOU between the KPT and CPT will turn out to be a milestone in the times to come.
MoU acknowledges the existing friendly relations between Pakistan and China, and fulfills the desire of further strengthening the existing friendly relations through cooperative activities as ports in Guangdong province and KPT are transportation hubs of the two countries.
It envisages promoting cooperation in port and shipping, freight and logistics; facilitating the import, export and transhipment of goods from Guangdong province besides accelerating Customs clearance for the reduction of companies logistics cost.
For improving professional and management skills of the managers of the port and shipping industry, it was agreed to carry out professional education and training in the field of ports and shipping, and logistics.