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Mega rail project worth Rs55.4b coming
Islamabad is planning to rehabilitate the 638 km railway track linking Quetta with Koh-i-Taftan (cost Rs 55.422 b) as part of a trilateral cooperation agreement between Pakistan, Iran and Afghanistan. The aim is to strengthen ECO (Economic Cooperation Organization) and raise a Free Trade Area in the region by 2015.
The 24 point agreement was signed by Pakistan, Iran and Afghanistan in May 2009 at 10th ECO Summit in Tehran. According to reliable sources, agreement's Point 9 calls for establishing a Free Trade Area in the region by...