Explanation

Both sides reviewed the continued implementation of CPEC and its expansion to jointly agreed on priority areas.

It is notable that in 2018, Pakistan invited Saudi Arabia to be the third ‘strategic’ partner in the CPEC.

Now, this time, both China and Pakistan are seeking the direct involvement of a third country in this mega project.

Explanation

CPEC was formally launched in 2015 with the value of $46 billion.

Explanation

The primary purpose of the CPEC road is to facilitate trade and connectivity between China and Pakistan.

The China-Pakistan Economic Corridor (CPEC) is a series of energy and infrastructure projects, some of which connect China’s Xinjiang to Gwadar.

Initiated in mid-2013 and formally launched in April 2015.

CPEC is generally described as a $46 billion package of Chinese aid.

Explanation

The State Bank of Pakistan has released a Rs. 100 coin to celebrate 10 years of the CPEC project.

The commemorative coin will be available starting August 11, 2023.

Explanation

Creating state-of-the-art vocational and technical training institute in the port city of Gwadar.

Explanation

CPEC کا مطلب چین پاکستان اقتصادی راہداری ہے۔

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چین پاکستان اقتصادی راہداری چین اور پاکستان کے درمیان علاقائی رابطے کا 3000 کلومیٹر کا فریم ورک ہے۔

منصوبے کی قسم -------> اقتصادی راہداری

قائم کیا گیا ----> 20 اپریل 2015 (7 سال پہلے)

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ND31-12-2022

Explanation

Prime Minister Imran Khan inaugurated 600 kilovolts (kV) transmission line running between Matiari and Lahore under the umbrella of CPEC in October 2021

Explanation

Joint Coordination Committee (JCC) of the China-Pakistan Economic Corridor (CPEC) 2024

Edition: 13th

Date: 24 May, 2024

Note: The last (12th JCC) meeting had taken place in Beijing in July 2023.

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Explanation

PM Shahbaz Sharif proposed including Turkey in May 2022.

CPEC: China Pakistan economic corridor

CPEC: a framework of regional connectivity

CPEC started: 2015

Explanation

·         As of January 2019, the list totals 790 projects

·         OBOR stands for One Belt One Road

 OBOR was Initially announced in the year 2013

·         What Is One Belt One Road (OBOR)?

·         OBOR, the brainchild of Chinese President Xi Jinping, is an ambitious economic development and commercial project spread across the continents of Asia, Africa, and Europe.

·         Dubbed the “Project of the Century” by the Chinese authorities, OBOR spans about 78 countries  

       SH1-8-2023

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