UBG praises Pakistan-Uzbekistan-Afghanistan railway Line network deal

The United Business Group (UBG) applauded the historic agreement between Pakistan, Uzbekistan, and Afghanistan to build a rail network connecting these nations, seeing it as a guarantee of their mutual strength.

According to United Business Group (UBG) central spokesperson Gulzar Firoz, Chairman UBG, Sindh Region Khalid Tawab said the business community expressed its best wishes for this significant tripartite agreement to establish a major rail network and that this historic decision led by the respective governments will promote regional, transit, and bilateral trade as well as people-to-people connections across the region.

Khalid Tawab expresses its deep gratitude for the historic trilateral agreement signed by Uzbekistan, Afghanistan, and Pakistan to create a crucial rail network connecting their countries. This historic choice, driven by the respective governments, has the potential to boost bilateral, transit, and regional trade while also improving people-to-people connections throughout the whole region.

The chairman of UBG (Sindh) is optimistic that this revolutionary project would spark economic growth, open up tourism opportunities, and bolster local business ties.

In accordance with the agreement, the train link will pass through Termiz in Uzbekistan, Mazar-i-Sharif, and Logar in Afghanistan, and then end in Pakistan via the Kurram border crossing with Kharlachistan. This ambitious proposal, which calls for the construction of a 760 km railway, aims to cut the time it takes to carry products from Uzbekistan to Pakistan via Afghanistan by about five days and to reduce the price of doing so by at least 50%.

The UBG is very optimistic that this route’s successful completion will open up new trade routes with countries bordering the Arabian Sea while also bringing Central Asia’s immense potential closer to Pakistan’s 230 million people. In order to promote economic development and collaboration, the UBG emphasizes the importance of connectivity in the ECO region. It points out the existing small volume of commerce and holds that this effort is urgently needed.

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