Key Discussion Themes

China Pakistan Economic Corridor (CPEC)

CPEC is not just a framework of regional connectivity but also a journey towards economic regionalization in a new world. It will not only benefit China and Pakistan but will have positive impact on the region in larger context of One Belt, One Road.

Connectivity will improve geographical linkages, ensure frequent people to people contact, and enhance bilateral understanding and regional knowledge. The improved cooperation is expected to result in improved flow of trade and business, hence improving the economic activity in the region. The enhancement of co-operation is a win-win model that will result in well connected, integrated region of shared destiny, harmony and development.

In the wake of the importance of the CPEC for economy of the Pakistan and Punjab, this technical session of the Punjab Economic Forum (PEF) will focus on “China Pakistan Economic Corridor”.The aim of this technical session is to provide a platform to understand China’s ambitious initiative that is leading a new wave of globalization and expected to divert international financing and investment to Pakistan. The session will also focus on comparative analysis of the deepening trade & investment linkages between China and Pakistan, in light of other sub-regional initiatives in the region. It will explore how CPEC might impact Punjab and how Punjab can capture maximum value from this initiative.

The session will also spur discussion for establishing institutional systems that create business enabling environment for business interactions. It will also explore recent trends in regional cooperation and integration.

The session will generate discussion and give deeper understanding of bilateral cooperation that is beyond infrastructure investments. Punjab, being the most industrialized province, sets to benefit from investments in energy and infrastructure. There is also an expectation of relocation of industry from China to Pakistan and improved business linkages. The session outcomes will assist Government in understanding CPEC and strategizing to gain maximum benefit from improved China-Pakistan cooperation.