Pakistan Mulls Building Trade, Energy Corridor to China

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1//China Daily, China Updated: 2006-02-22 05:47

http://www.chinadaily.com.cn/english/doc/2006-02/22/content_522558.htm



PAKISTAN MULLS BUILDING TRADE, ENERGY CORRIDOR TO CHINA

By Qin Jize (China Daily)

Pakistan wants to act as a transit facility giving China access to Central Asian markets and energy sources, said visiting President Pervez Musharraf.



"We are interested in setting up a trade and energy corridor for China," he told China Daily in an exclusive interview.



He was referring to Gwadar port on the Arabian Sea coast in the Pakistani province of Balochistan through which crude oil imports from Iran and Africa can be transported to Northwest China's Xinjiang Uygur Autonomous Region by land.


SNIP


The port is strategically located as it is quite near the Strait of Hormuz, through which 40 per cent of the world's oil passes, he noted.


(SNIP)

Musharraf, who arrived in Beijing on Sunday for a five-day visit, is also seeking Chinese help in developing nuclear energy.



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