KARACHI – Patron-in-Chief of Korangi Association of Trade and Industry (KATI) SM Muneer, President Salman Aslam, Senior Vice President Maheen Salman and Vice President Syed Farrukh Qandhari have welcomed the launch of Islamabad, Tehran, and Istanbul freight train services.
They said that on the 6500 km long track, exporters can send their products to European markets, including the Middle East, by a freight train. Compared to the sea route, exporters can deliver their products to the world market in less time and price which will increase the trade volume.
In this regard, KATI congratulated Prime Minister Imran Khan, Foreign Minister Shah Mehmood Qureshi, Railway Minister Azam Swati, and Trade Adviser Abdul Razzaq Dawood for their efforts in making ITI Freight Service possible. He said that this would not only benefit the exporters but also further increase the importance of this service in the region. The travel time of weeks will be reduced to days which will enable timely and low-cost delivery.
SM Muneer said that the freight train would enhance the economic ties and also increase the trade opportunities so the exporters must get explore all the benefits from it so that the exports could be significantly increased.
President KATI Salman Aslam said that the industrialists and exporters of Karachi, including Korangi, were frustrated and disappointed with the delay in the delivery system, however, this service is a new ray of hope which will facilitate the access of Pakistani products to the international level. Salman Aslam said that this service would reduce the cost of products and exporters would be able to compete in the global market.
