China Pakistan Economic Corridor: A Chinese Dream Being Materialized Through Pakistan
Ramay, Shakeel Ahmad | February 2016
Abstract
In line with its defined strategic order, China has now started working more closely with Pakistan in areas of new investments and partnerships. The process started way back in the 1990s; however, a joint declaration in this regard was the concrete outcome after a meeting between President Hu Jintao and President Gen. Pervez Musharraf in 2003 at Beijing (Fmprc, 2003). The declaration highlighted the areas of cooperation for future. A joint statement in 2006 further strengthened the cooperation when Free Trade Agreement (FTA) was signed during the visit of President Hu Jintao to Islamabad in 2006.
It gradually expanded the trade volume between Pakistan and China from $1 billion in 1998 to $15.15 billion in 2015 (VANDEWALLE, 2015). This enhanced cooperation then laid the foundation of China-Pakistan Economic Corridor (CPEC).
Citation
Ramay, Shakeel Ahmad. 2016. China Pakistan Economic Corridor: A Chinese Dream Being Materialized Through Pakistan. © Sustainable Development Policy Institute. http://hdl.handle.net/11540/9286.Keywords
Free Trade
Trade Facilitation
Trade
Economic integration
Regional Economic Integration
Intraregional Trade
Macroeconomic
Macroeconomic Analysis
Macroeconomic Framework
Macroeconomic Models
Macroeconomic Performance
Macroeconomic Planning
Macroeconomic Policies
Macroeconomic Reform
Macroeconomic Stabilization
Economic planning
Economic structure
Growth policy
Trade relations
Trade policy
Trade policy
Economic development
Economies in transition
International economy
Border integration
Economic integration
Gross domestic product
Trade policy
Trade Regulations
Exchange Rate
Regional economics
Economic forecasting
Economic development projects
Success in business
Business
Free trade
Business
Economics
Communication in economic development
Restraint of trade
International economic integration
Trade blocs
East-West
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Citable URI
http://hdl.handle.net/11540/9286Metadata
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