Pakistan-China Regional Trade Potentials in the Light of CPEC

The CPEC, designed to link Pakistan and China through rail and road network including the tunnel, will provide a new era of prosperity in the region. The CPEC will supplement the benefits of both of the nations and side by side provides a new way for regional development benefitting all neighbouring countries coming into the web. Most probably, it will ensure a new dimension to local trade that predicts transportation infrastructure, industrial production units, decreased transportation costs, reduction in inventory cost and improved delivery time. The CPEC will also strengthen the market potential for Pakistan’s exports to China in the field of agricultural products, textile, and minerals. It will further enhance the tourism flow to the Northern regions of the country. Moving ahead, the empirical findings of the study also suggest that various development strategies are emerging in the CPEC context for policymakers to optimize the logistics, transportation, trade decisions.