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PAKISTAN SOCIAL SCIENCES REVIEW (PSSR)

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China Pakistan Bilateral Trade and Economic Corporation: Implications on Pakistan’s Trade

Abstract

The objective of the study is to explore the trade relations of Pakistan with China and find out balance of trade between the two. The context of the study is the trade size between China and Pakistan is insignificant. Therefore, it did not formulate a sustainable enterprise until the last decade. However, free trade agreement between both states from the mid of 2007 initiated new aspects of increasing bilateral trade. Pakistan has not formulated an effective trade policy with China, consequently, faced a huge trade deficit after the 1980s. In the wake of CPEC, Pakistan should adopt some suitable measures for the growth of domestic industry, balance of trade, and extraction of maximum benefits. The methodology is analytical and comparative. It suggests some measures that can decrease trade deficit of Pakistan viz a viz China.

Authors

  • Rifat Rafeeq
  • M. Phil Scholar, Department of Political Science, Bahauddin Zakariya University, Multan, Punjab, Pakistan
  • Dr. Muhammad Imran Pasha
  • Lecturer, Department of Political Science, Bahauddin Zakariya University, Multan, Punjab, Pakistan
  • Saira Akram
  • Lecturer, Department of Political Science, Bahauddin Zakariya University, Multan, Punjab, Pakistan

Keywords

China, CPEC, Pakistan, Trade

DOI Number

10.35484/pssr.2021(5-II)85

DOI Link

http://doi.org/10.35484/pssr.2021(5-II)85

Page Nos

1115-1124

Volume & Issue

v5-2

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Creative Commons License
Pakistan Social Sciences Review (PSSR) by RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Based on a work at https://pssr.org.pk/

Pakistan Social Sciences Review (PSSR), Developed by M. Yaseen

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