2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Saudi Arabia
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Dubai
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Abu Dhabi
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Iraq
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Detailed explanation-1: -China-Pakistan Economic Corridor is a framework of regional connectivity. CPEC will not only benefit China and Pakistan but will have positive impact on Iran, Afghanistan, Central Asian Republic, and the region.
Detailed explanation-2: -Announcement of CPEC On 20 April 2015, Pakistan and China signed an agreement to commence work on the $46 billion agreement, which is roughly 20% of Pakistan’s annual GDP, with approximately $28 billion worth of fast-tracked “Early Harvest” projects to be developed by the end of 2018.
Detailed explanation-3: -To improve the lives of people of Pakistan and China by building an economic corridor promoting bilateral connectivity, construction, explore potential bilateral investment, economic and trade, logistics and people to people contact for regional connectivity.
Detailed explanation-4: -Minister Planning & Development said that CPEC would ultimately help in creating a regional economic block of three billion people through improved regional integration and connectivity and Pakistan could play a critical role being located in the center of three engines of growth – South Asia, Central Asia and China.