5th February 2022 (6 Topics)
1
Feb
2
Feb
3
Feb
4
Feb
5
Feb
7
Feb
8
Feb
9
Feb
10
Feb
11
Feb
12
Feb
14
Feb
15
Feb
16
Feb
17
Feb
18
Feb
19
Feb
21
Feb
22
Feb
23
Feb
24
Feb
25
Feb
26
Feb
28
Feb
Pakistan, China ink framework agreement on industrial cooperation under CPEC
Context
China and Pakistan signed a new agreement on industrial cooperation as part of the China Pakistan Economic Corridor (CPEC) plan during Prime Minister Imran Khan’s on-going visit to Beijing.
Key-highlights of the Agreement
- The industrial cooperation agreement is a key part of what is being called “phase two” of CPEC.
- First Phase: The first phase primarily involved Chinese investments in energy projects as well as road infrastructure.
- The agreement between Pakistan’s Board of Investment and the NDRC is aimed at boosting Chinese investment in Pakistan as well as transferring Chinese industrial capacity.
- The framework will “promote industrialisation and development of economic zones, and initiate, plan, execute, and monitor projects, both in public as well as private sector”.
About
What is CPEC?
- China has described CPEC as a “flagship project” of the Belt and Road Initiative.
- The corridor links Xinjiang with Gwadar, and also passes through Pakistan-occupied Kashmir (PoK) where China is investing in a number of projects.
- The Belt and Road Initiative, reminiscent of Silk Road, is a major infrastructure project that will travel from East Asia to Europe.
- Launched in 2013, he program has two sides:
- Silk Road Economic Belt
- Maritime Silk Road
- Launched in 2013, he program has two sides:
|
China-Pak Relations:
|
More Articles
Courses
Study
Notes
Home
Resources
More
