A Comparison of Contract Law Between Pakistan and China Regarding the China-Pakistan Economic Corridor (CPEC)

Abstract

In 2015, China and Pakistan signed up for the China-Pakistan Economic Corridor (CPEC) project. The two countries’ economies will benefit greatly from this massive initiative, which will also provide them with easier access to global markets. The preliminary cost estimate for the project was $46 billion, and its expected lifespan was fifteen years. It's a long and expensive project, so there are a lot of things that could go wrong. The present study aimed to review the background of CPEC and FTA, and compare the contract law of both two countries.