China has announced One Belt one Road "OBOR" policy in 2013. CPEC is the offshoot of Chinese OBOR policy and become as one of the leading project under OBOR and the source of highest foreign investment in Pakistan ever came. Logistics certainly assumes basic job in each nation's financial advancement. Without all around created logistics industry in Pakistan, CPEC would not be appeared. Be that as it may, this area was not adequately secured by the reciprocal arrangements among China and Pakistan. In current scenario there is no structure consent to manage strategic course of action under CPEC. To determine this and related issues, a complete logistics and transport system understanding will be proposed, which is the focal point of this paper. Besides administration, legal issues, arrangement problems in the way of accomplishing sustainable economic progress are enormous worries for a developing nation like Pakistan. In authors view, some vital lawful and open strategy perspectives will be considered by Pakistan. This research paper will talk about these in detail. Firstly, logistics progress and consequences on Pakistan economy. Secondly, investigation of CPEC logistics venture duties and exceptionally lawful character of logistics speculation MOU's marked by the two nations. Thirdly, current lawful framework identified with logistics interest in association with CPEC. Fourthly, the issues emerging from current logistics investment and lastly proposed far reaching logistics venture structure understanding. Contribution/ Originality: The paper's primary contribution is finding that comprehensive analysis of logistics and transport agreements between China and Pakistan over CPEC investment. A socio legal research combine with examination of domestic and international agreements and treaties further contributes to ascertain the best model of logistics investments in Pakistan. This research paper anticipates future economic and legal problems which Pakistan may encounter.
Pacta sunt servanda-agreements must be obeyed-is a peremptory principle of modern international law of treaty. What are the origin and nature of this doctrine? Some say, its Latin wording indicates that it is of Roman origin. And this doctrine is a must for the social good; without it the society will be a chaos. But how does Islam perceive the notion? This paper finds that this doctrine came into being with the very beginning of the creation of human souls by Allaah Whom they accepted as their Sole Lord and made a commitment to follow His commands. And it is a principal tenet for Muslims to adhere to because it is an inseparable part of their faith (Iman), a command from their Lord and a practice (Sunnah) of their Prophet Muhammad (peace be upon him). It is, therefore, obligatory not merely because it is good for the society, but is also rooted in the teachings of Islamic doctrine and a Muslim' s accountability in the life hereafter.
To achieve the goal of sustainable economic development of Pakistan through logistics arrangements in CPEC, this research paper identifies and analyses benefits of CPEC, and also examines and highlights the legal system of Pakistan and its associated deficiencies in this context. Furthermore, this research paper critically examines the present logistics arrangement between China and Pakistan with reference to trade in services commitments and their impacts on such agreement. Governance, law and policy issues towards achieving Sustainable Development Goals (SDGs) are also big concerns for Pakistan. This will raise diverse legal and policy issues hence create uncertainty and conflict of laws both domestic and internationally. These issues can be handled and solved through upgrading domestic transport and logistics laws and making them in line with international practice. Furthermore coordination and cooperation between local institutes and agencies is most important initiative to gain maximum benefits. Adoption and accession of international conventions of transport and logistics will also have key role to play for better results from CPEC. The current research is rested on qualitative and sociolegal methods of research whereby the authors opt for a qualitative research design as opposed to a quantitative one. The research design would be the analysis between road transport and logistics investment laws exists in Pakistan and Chinese model of logistics arrangement formulated in CPEC by both countries. This research paper will discuss these in detail. Firstly, China Pakistan bilateral trade relations and impacts on Pakistan economy. Secondly, CPEC transport and logistics investment in physical infrastructure in Pakistan.
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