China-Pakistan Economic Corridor
The China-Pakistan Economic Corridor (CPEC) is a major development initiative that aims to enhance economic cooperation between China and Pakistan. It involves a network of roads, railways, and pipelines that connect the Gwadar Port in Pakistan to China's Xinjiang region. The project is part of China's broader Belt and Road Initiative (BRI), which seeks to improve trade routes across Asia.
CPEC is expected to boost Pakistan's economy by creating jobs, improving infrastructure, and increasing energy production. It includes investments in various sectors, such as transportation, energy, and industrial development, which are designed to facilitate trade and economic growth in both countries.