Pakistan signs maritime deal with Chinese shipping giant to boost fleet, attract investment

Pakistan's Federal Minister for Maritime Affairs, Junaid Anwar Chaudhry (center, standing) with delegation of China and Pakistan National Shipping Corporation in Islamabad, Pakistan, on July 24, 2025. (Government of Pakistan)
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Updated 24 July 2025
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Pakistan signs maritime deal with Chinese shipping giant to boost fleet, attract investment

  • Chinese company’s cooperation with Pakistan is expected to cover ship acquisition and operational services
  • The development is part of Pakistan’s broader push to modernize shipping industry, enhance seaborne trade

KARACHI: Pakistan on Thursday signed a memorandum of understanding (MoU) with China’s Shandong Xinxu Group to deepen cooperation in ship leasing, sales and crew management, marking what officials described as a “new chapter” in maritime collaboration between the two countries.

The agreement between the Pakistan National Shipping Corporation (PNSC) and the Chinese firm is part of Islamabad’s broader push to modernize its shipping industry to enhance seaborne trade, Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry said during the signing ceremony in Islamabad.

“This agreement marks the beginning of joint development,” Chaudhry said. “It will strengthen Pakistan’s role in the growth of the shipping industry and create an enabling environment for further investment in the maritime sector.”

Under the MoU, the Chinese company has principally agreed to provide capital and vessels to PNSC, with cooperation covering ship acquisition, leasing, marketing and operational services.

The announcement comes just days after Pakistan halved port charges at Karachi Port, the country’s largest deep-sea facility, as part of a series of reforms aimed at cutting logistics costs and supporting low-emission, climate-resilient maritime practices.

“By lowering operational costs and streamlining logistics, we are not only boosting trade competitiveness but also contributing to climate resilience,” Chaudhry said over the weekend.

The ministry has also decided to deploy technologies such as artificial intelligence and drones to monitor port activity and reduce container dwell times by up to 70 percent.

Shandong Xinxu is one of several Chinese firms expanding investment in Pakistan under the multibillion-dollar China-Pakistan Economic Corridor (CPEC) cooperation.


Pakistan says $50 million meat export deal with Tajikistan nearing finalization

Updated 09 December 2025
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Pakistan says $50 million meat export deal with Tajikistan nearing finalization

  • Islamabad expects to finalize agreement soon after Dushanbe signals demand for 100,000 tons
  • Pakistan is seeking to expand agricultural trade beyond rice, citrus and mango exports

ISLAMABAD: Tajikistan has expressed interest in importing 100,000 tons of Pakistani meat worth more than $50 million, with both governments expected to finalize a supply agreement soon, Pakistan’s food security ministry said on Tuesday.

Pakistan is trying to grow agriculture-based exports as it seeks regional markets for livestock and food commodities, while Tajikistan, a landlocked Central Asian state, has been expanding food imports to support domestic demand. Pakistan currently exports rice, citrus and mangoes to Dushanbe, though volumes remain small compared to national production, according to official figures.

The development came during a meeting in Islamabad between Pakistan’s Federal Minister for National Food Security and Research Rana Tanveer Hussain and Ambassador of Tajikistan Yusuf Sharifzoda, where agricultural trade, livestock supply and food-security cooperation were discussed.

“Tajikistan intends to purchase 100,000 tons of meat from Pakistan, an import valued at over USD 50 million,” the ambassador said, according to the ministry’s statement, assuring full facilitation and that Islamabad was prepared to meet the demand.

The statement said the two sides agreed to expand cooperation in meat and livestock, fresh fruit, vegetables, staple crops, agricultural research, pest management and standards compliance. Pakistan also proposed strengthening coordination on phytosanitary rules and establishing pest-free production zones to support long-term exports.

Pakistan and Tajikistan have long maintained political ties but bilateral food trade remains below potential: Pakistan produces 1.8 million tons of mangoes annually but exported just 0.7 metric tons to Tajikistan in 2024, while rice exports amounted to only 240 metric tons in 2022 out of national output of 9.3 million tons. Pakistan imports mainly ginned cotton from Tajikistan.