Islamabad’s strategic move to boost exports and diversify its economy through expanded trade links with East Africa.
Key Takeaways:
i) Pakistan is establishing new sea trade corridors to enhance trade with the East African Community (EAC).
ii) The EAC offers significant trade opportunities in agriculture, textiles, manufacturing, and technology.
iii) This initiative is expected to boost Pakistan’s exports, foster economic growth, and strengthen bilateral relations.
Islamabad, Pakistan – April 19, 2025 – Pakistan is strategically focusing on expanding trade with the East African Community (EAC) by establishing new sea trade corridors. This initiative aims to diversify Pakistan’s exports and strengthen its economic position amid rising global trade tensions.
Current trade between Pakistan and Eastern Africa reached $1.30 billion in the first nine months of the current financial year (FY25).
The East African Community, comprising eight countries, presents a substantial trade opportunity for Pakistan, particularly in sectors such as agriculture, textiles, manufacturing, and technology. Current trade between Pakistan and Eastern Africa reached $1.30 billion in the first nine months of the current financial year (FY25).
To facilitate increased trade, Pakistan plans to establish a direct shipping line connecting Karachi Port to Djibouti, a key gateway to East Africa. Additionally, there are plans to fully develop Gwadar Port into a long-term export hub for the African market.
Federal Minister for Maritime Affairs Junaid Anwar Chaudhry emphasized that this initiative will not only enhance Pakistan’s export potential but also contribute significantly to the nation’s economic growth. He highlighted that these new trade routes would open up new avenues for trade and investment. An inter-ministerial consortium will be formed to ensure the successful implementation of this plan, providing integrated support in areas such as trade, finance, diplomacy, and technology. The establishment of these maritime corridors is expected to foster long-term partnerships and significantly boost revenue.
