China one belt one road Pakistan Is one the Massive Project in current days and every one is talking about that.We must admit the fact that the center of power in the world
is changing. Power is shifting from the West to the East and is the most
important role in China. Take the example of China Forest Road Forest Belt
program. This is the only project of its kind in the world that provides a new
route for trade for more than sixty countries around the world.Under the program, Baltic Sea and Atlantic Ocean will be
matched to each other by roads, railway lines and sea routes. Where it will be
freely traded. It cost 80 percent to 21.1 trillion dollars, and the world will
be able to benefit from the project.
The project is divided into two parts.
A section called
"Silk Road Economic Belt and the second part is called the
" Maritime
Silk Road ".
The project includes six corridors.
The first corridor of Russia Mongolia China Economic
Corridor,
The corridor has been the name of the New Eurasian Land
Bridge,
China is the third corridor of Central and West Asia
Economic Corridor,
Fourth kurydurandu China, pynnsula is known as the Economic
Corridor,
The fifth China-Pakistan Economic Corridor and Corridor
Sixth corridor Bangladesh, China, India, Myanmar is known
for Economic Corridor
The biggest problem was the financial resources to complete
the project, but the Chinese government has proposed interesting solutions to
this. China has established five major financial institutions have been under
one belt Forest Road. These institutions
Asian Infrastructure & Investment Bank,
The BRICS New Development Bank,
Silk Road Fund, China and Asian interbank Association
SCO Interbank Association is associations
All of these entities associated with this project will
provide the finance needed for these institutions and will have a full load to
China. Today the world's attention from the Chinese government for its vision
and positive thinking because economic growth has been moved to China from the
United States.
I now turn to the other side of the picture. It is also true
that where China is growing confidence of the world and facing new base power
transfer while leaving the United States, Australia, its effects lobbying Japan
and India to stop the project and a distrust new air is trying to establish. If
China's anti-propaganda of the lobby is the first China project will phnasky
practical university and if the project will be occupied by China at all small
countries was completed, because China its name by manufacturing in countries
will export.
The exports of these countries will expire and the local
currency cost falls further. Such baseless propaganda is harming the forest
belt one route. Take the example of Colombia and Sri Lanka's Hambantota port.
China has built these two ports to invest billions of dollars under one belt
Forest Road but RAW Sri negative role in Lankan politics, the Chinese pro-Sri
Lankan down the government of President Raja Pakistan to India Nawaz candidate
Sri Sinai successfully delivered. The new president has stopped coming to work
on both ports.
Also the United States and Australia's international
lobbying have made efforts to obstruct the fulfillment of the Asian
Infrastructure Investment Bank, which the Bank is still not able to work, but
China's strong economy and consistency keeping international experts are seeing
the forest belt Forest Road project.
The belt comes in one of the most important project of
Forest Road.
According to experts, China Pakistan Economic Corridor
(CPEC), one belt is the most important project of Forest Road. The most
important because of its strategic importance, military and economic location
of CPEC. Six karydurz is the only corridor that connected to the corridor and
gives access to the land locked countries. It cost $ 62 billion over the next
fifteen years, the project will be more investment in Pakistan, he is more than
Pakistan's gross foreign direct investment in the last 46 years.
But the truth, so we cannot put it back on most of its debt
investments. Is higher than the interest rate market. Top Pakistani economy
will undoubtedly be the loan but that will have to take into account that we
will return to China this loan in the future.
In this respect, we have to work seriously to implement this
plan and this plan must today. In this regard, I will offer a few suggestions.
Pakistan will have to find all of the need to review its
export policy, new markets, to renew free trade agreements.
Tranzksn cost reduction.
New companies in the manufacturing and export sector will be
given attractive incentives to work in Pakistan.
To ensure transparency and accountability.