Munich Personal RePEc Archive

Global Perspective of CPEC Regarding Economic Integration and Trade Openness

Rabbi, Muhammad Ahsan (2017): Global Perspective of CPEC Regarding Economic Integration and Trade Openness.

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Abstract

There is a misconception about CPEC that this mega project is only going to benefit China and Pakistan. However, this corridor is going to restructure and transform not only South and Central Asia, but also Middle East and Europe. Unlike EU, this project is planned to link different regions for economic integration and trade. This study is to analyse the importance of CPEC for its participants and its role in enhancing the economic integration and trade openness among Asian, European and African states. Not only this, challenges and opportunities associated with this project are also been discussed in this paper.

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