The Role of CPEC in Pakistan’s progression. Pakistan’s mechanism to resolve the disputes under the ADR system

Abstract

The fundamental goal of this study is to evaluate the CPEC's role in Pakistan's economic, cultural, and regional development, as well as its significance for China. Also, in the event that a dispute emerges between the two countries, to analyze the dispute resolution systems, as well as the other numerous options available to resolve the problem. The first section of the study highlights the significance and future breadth of China's investment through the CPEC Initiative, as well as the predicted advantages for both countries, i.e., Pakistan and China. The second part explains how Pakistan can endeavor to cope with all challenges, particularly choosing best in interest mechanisms to resolve investment and commercial disputes under its horizon or scope for a better and well-defined mechanism of resolving any future disputes. Moreover, the last part analyses how Pakistan can develop strategies if the conflict goes in an international forum to avoid the situation Pakistan is facing in the Rekodiq case.