November 14, 2024 (MLN): A direct cargo vessel from Karachi, Pakistan, has reached the port of Chittagong, Bangladesh, marking the first-ever direct maritime link between the two countries.

The direct route promises to significantly streamline supply chains and reduce transit time, said a press release.

Carrying a diverse array of goods with an estimated 2,300 TEUs of capacity, the vessel’s voyage highlights growing demand for direct trade between the two countries.

Pakistan’s High Commissioner to Bangladesh, Syed Ahmed Maroof termed the direct shipping route a major step forward in enhancing bilateral trade and business ties between Pakistan and Bangladesh besides boosting more integrated and trade network across the region.

He said that the initiative will not only accelerate the existing trade flows but also promote new opportunities for businesses on both sides, from small traders to large exporters.

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Posted on: 2024-11-14T09:38:44+05:00