Dhaka: 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. 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.

According to Press Information Department, the successful arrival of the cargo vessel from Karachi to Chittagong signifies a historic development in the maritime trade sector of both nations. The establishment of this direct route is expected to facilitate a more efficient exchange of goods, reducing the dependence on intermediary ports and thereby cutting down the overall logistics costs. With this new sea link, businesses are anticipated to benefit from faster delivery times and lower freight charges, making trade more competitive and accessible.

The initiative is seen as a reflection of the strengthening relationship between Pakistan and Bangladesh, with both countries aiming to bolster economic ties. The direct maritime route is expected to create a more integrated regional trade network, potentially attracting more investments and fostering economic growth. This development is not only seen as a boost to existing trade relations but also as a means to explore untapped trade opportunities, which could lead to diversified trade portfolios for both countries.

Stakeholders from various sectors have welcomed the move, noting that it could pave the way for increased collaboration in other areas as well. By streamlining logistics and reducing transit times, the new shipping route is poised to significantly impact the trade landscape, offering a competitive edge to businesses engaging in cross-border trade between Pakistan and Bangladesh.