Pakistan pushes CAREC corridor upgrade ahead of 2027 chairmanship
MG News | September 30, 2026 at 12:33 PM GMT+05:00
September 30, 2026 (MLN): Pakistan has called for transforming
Central Asia Regional Economic Cooperation (CAREC) transport routes into
integrated economic corridors covering infrastructure, logistics, digital
connectivity, energy cooperation and climate resilience.
Federal Minister for Planning,
Development and Special Initiatives Ahsan Iqbal said Pakistan viewed CAREC
Corridors 5 and 6 as an opportunity to connect Central Asia to the Arabian Sea
while generating trade, investment and economic activity along the routes.
Speaking at the 25th CAREC Ministerial
Conference in Ulaanbaatar, Ahsan Iqbal said the focus should move beyond
physical road connectivity toward reliable and competitive movement of goods
across the region.
He called for completion of the
transport chain through upgraded CAREC roads, modern border facilities at
Torkham and Chaman, stronger rail freight capacity through the proposed ML-1
upgrade, and efficient connections between dry ports and seaports.
The Minister also proposed
establishing logistics and production hubs along strategic routes, including
cold storage, packaging, warehousing and light manufacturing facilities.
According to Ahsan Iqbal, such
facilities could help convert transit traffic into exports, employment and
value creation for communities located along the corridors.
Pakistan also called for a digital
corridor across the CAREC region, using the Pakistan Single Window as a
foundation for phased digital integration with regional partners.
Ahsan Iqbal said trade documentation
should increasingly be processed electronically before consignments reach
border crossings, helping reduce delays and repeated procedures.
He also stressed regional energy
cooperation and climate-resilient infrastructure, pointing to initiatives such
as CASA-1000 as examples of the potential for cross-border energy connectivity.
The Minister said CAREC countries
should identify priority cross-border projects, prepare them according to
common standards and coordinate investment and construction schedules.
He suggested that the Asian
Development Bank could play a role in mobilizing financing, including
private-sector investment where appropriate.
Pakistan also called for more
coordinated border procedures, compatible operating hours and advance
electronic information to reduce repeated checks and improve trade flows.
Ahsan Iqbal said indicators such as
border delays, delivery times, local employment and small-business
participation should be used to measure the economic impact of regional
connectivity.
Pakistan is set to assume the CAREC
chairmanship in 2027 and host the 26th CAREC Ministerial Conference.
On the sidelines of the conference, a
Memorandum of Understanding was also signed between the CAREC Capital Markets
Development Forum and the ASEAN Capital Markets Forum to strengthen cooperation
and connectivity between CAREC and ASEAN capital markets.
The agreement is aimed at knowledge
sharing, regulatory cooperation and deeper regional financial integration.
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