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How Logistics Investment Arrangement is a Key Concern to China-Pakistan Economic Corridor (CPEC)? A Legal and Policy Analysis of CPEC Logistics Investment Model and Future Challenges for Pakistan

Rao Qasim Idrees (), Rohimi Shapiee (), Haniff Ahamat () and Luo Hanwei ()

International Journal of Asian Social Science, 2018, vol. 8, issue 11, 1059-1067

Abstract: China has announced One Belt one Road “OBOR” policy in 2013. CPEC is the offshoot of Chinese OBOR policy and become as one of the leading project under OBOR and the source of highest foreign investment in Pakistan ever came. Logistics certainly assumes basic job in each nation's financial advancement. Without all around created logistics industry in Pakistan, CPEC would not be appeared. Be that as it may, this area was not adequately secured by the reciprocal arrangements among China and Pakistan. In current scenario there is no structure consent to manage strategic course of action under CPEC. To determine this and related issues, a complete logistics and transport system understanding will be proposed, which is the focal point of this paper. Besides administration, legal issues, arrangement problems in the way of accomplishing sustainable economic progress are enormous worries for a developing nation like Pakistan. In authors view, some vital lawful and open strategy perspectives will be considered by Pakistan. This research paper will talk about these in detail. Firstly, logistics progress and consequences on Pakistan economy. Secondly, investigation of CPEC logistics venture duties and exceptionally lawful character of logistics speculation MOU's marked by the two nations. Thirdly, current lawful framework identified with logistics interest in association with CPEC. Fourthly, the issues emerging from current logistics investment and lastly proposed far reaching logistics venture structure understanding.

Keywords: China Pakistan economic corridor; Logistics; Transport corridor; International trade law and policy; World trade organization (WTO). (search for similar items in EconPapers)
Date: 2018
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