![]() ![]() ![]() The vision of CPEC is to improve lives by building an economic corridor that promotes bilateral connectivity and equally explores potential bilateral investment, economic and trade. The entire project which is a framework of regional connectivity will not only benefit China and Pakistan but will also bring about positive impacts in countries such as Afghanistan, India, Iran as well as the entire central Asia. A total of 51 Agreements and Memorandums of Understanding valued at an estimated $46 billion were signed by the duo. This project was launched in 2015 after the Chinese President, Xi Jinping signed some agreements with the Pakistani Prime Minister, Nawaz Sharif. The China-Pakistan Economic Corridor ( CPEC) is one of the dynamic projects of the Belt and Road Initiative (BRI). Pakistan: The socio-economic impact of CPEC
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