Question

1. Write a report on China-Pakistan Economic Corridor (CPEC) covering the following
aspects:
1)Objectives of the project.
2)Rational of countries investing in CPEC.
3)Impact of CPEC on regional connectivity
4)Its benefits to Pakistan Economy.​

Answer 1

Explanation:

Objectives-

The major objectives of China Pakistan Economic Corridor are to increase the volume of trade between Pakistan and China and to take full advantage of preferential trade agreement (PTA) and free trade agreement (FTA).  

Rational of countries investing in CPEC Saudi Arabia intends to contribute to Chinese-funded massive infrastructure projects under construction in Pakistan, dispelling skepticism Islamabad was risking Beijing's outrage by inviting a third party to a strictly bilateral deal. Impact of CPEC on regional connectivity China and Pakistan have developed strong political, defense, and strategic relations. Since the beginning of this decade, both states have been giving much importance to strengthen their economic ties that have remained shallow in the past.

Benefits to Pakistan Economy

With investments in road, railways and ports, the $60 billion China Pakistan Economic Corridor (CPEC) offers enormous potential for Pakistan to boost its economy, reduce poverty, spread benefits widely and help those likely to be affected by the new trade route .

Answer 2

China-Pakistan Economic Corridor is link between china and pakistan.

Explanation:

• Is a combination of the developmental projects under construction through Pakistan since 2013. The project s set up with the objective of developing special economic zones and energy projects and transport infrastructure.

• The rationale of countries investing in CPEC is to help alleviate Pakistan's chronic energy shortages.

• China has announced the finance of $10.63 billion and so far  $6.1 billion has been allocated or the construction of roadways and corridors has been identified for the transport cargo provinces of Sindh and Punjab were most industries are located.  

• The NH - 35 of Karakoram highways has been upgraded to 487 kilometers. CPEC has resulted in the west and eastern alignment of regions.

• The CEPC project will benefit the Pakistan economy in terms of agriculture and aquaculture, science, and technology. Provide foreign direct investments and will become an economic hub.

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• brainly.in/question/10762596 answered by durgeshbajpai899