CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Pakistan announced that it is to add more sectors like agriculture and tourism in the second phase of the CPEC. What is the full form of E in CPEC?
A
Environmental
B
Economy
C
Economic
D
Energy
Explanation: 

Detailed explanation-1: -Beijing, 25 April 2109: Federal Minister for Planning, Development and Reform Mukhdum Khusro Bakhtyar has said that China-Pakistan Economic Corridor is now entering into second phase with focus on industrial Cooperation, trade, agriculture and socio-economic development.

Detailed explanation-2: -China-Pakistan Economic Corridor is a flagship project of President Xi Jinping’s vision of Belt and Road Initiative. The pilot project is the epitome of bolstered bilateral partnership between China and Pakistan that has been tested by times of difficulty and forged by mutual trust.

Detailed explanation-3: -CPEC was planned to be completed in three phases. The first phase of CPEC was to remove key economic bottlenecks namely energy and infrastructure. The current phase is about industrialization, socio-economic and agricultural cooperation and promoting business and consolidating developments.

Detailed explanation-4: -China-Pakistan Economic Corridor is a framework of regional connectivity.

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