China-Pakistan Economic Corridor (CPEC) : Trade Ties with Sri Lanka


Source: crackittoday.com crackittoday.com

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Kumari Sonali China-Pakistan Economic Corridor (CPEC): Pakistan Prime Minister Imran Khan has said that he was looking forward to enhancing trade ties with Sri Lanka through the multi-billion dollar China-Pakistan Economic Corridor (CPEC). The CPEC is the flagship project of the multi-billion-dollar Belt and Road Initiative (BRI), a pet project of Chinese President Xi Jinping, aimed at enhancing Beijing’s influence around the world through China-funded infrastructure projects. The 3,000 km-long China–Pakistan Economic Corridor (CPEC) consists of highways, railways, and pipelines. CPEC eventually aims at linking the city of Gwadar in South Western Pakistan to China’s North Western region Xinjiang through...