Gulf News

Russia’s request to use Gwadar Port approved

Sharif welcomes interest in CPEC as move signals improving relations

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Pakistan has approved Russia’s request to use the strategic Gwadar Port for its exports, signalling a new alignment in bilateral relations after decades’ of sour ties during the Cold War era.

Following Iran and Turkmenist­an, Russia has also decided to use the Gwadar Port for trade to have an access to warm waters, a top Pakistani official privy to the developmen­t was quoted as saying by Geo News.

“Russia also wants to join the $46 billion [Dh168.8 billion] China Pakistan Economic Corridor to reap the maximum dividends. In addition, Russia aspires to develop strategic defence ties with Pakistan,” the daily said.

Pakistan decided to broaden its foreign policy options after its relations with the US deteriorat­ed following secret CIA raid in Abbottabad that killed Al Qaida chief Osama Bin Laden in May 2011. Its relations with the US were soured recently when US lawmakers blocked funds for the sale of eight Lockheed Martin Corporatio­n’s F-16 fighter jets to Pakistan.

Prime Minister Nawaz Sharif, who is on a two-day visit to Turkmenist­an, said that he welcomed the Russia’s interest in becoming part of the China — Pakistan Economic Corridor (CPEC) and maintained that Pakistan would welcome participat­ion of any country in the project. He told journalist­s that many countries wanted to join CPEC as half of the world would benefit from the project.

China and Pakistan are building the nearly 3,000-km-long economic corridor linking Gwadar port on the Arabian Sea.

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