Sino-Pakistani Economic Corridor
The Sino-Pakistani Economic Corridor (CPEC) is a major development initiative between China and Pakistan. It aims to enhance economic cooperation through infrastructure projects, including roads, railways, and energy plants. CPEC is part of China's broader Belt and Road Initiative, which seeks to improve trade routes and connectivity across Asia.
CPEC is expected to boost Pakistan's economy by creating jobs and increasing energy production. The corridor connects the Gwadar Port in Pakistan to China's Xinjiang region, facilitating trade and investment. This partnership is seen as a strategic move for both countries to strengthen their economic ties and regional influence.