IJSRP, Volume 11, Issue 2, February 2021 Edition [ISSN 2250-3153]
RAO HAMMAD AHMAD, GUOHUA ZHU, HUMA ALI
Abstract:
The study explains the legal frame work and institutional potential of Pakistan. The study explains how reforms would work well in areas such as taxation, bureaucratic red-tapes, court procedures and property laws, however, where the Bilateral Investment Treaty (BIT) and Free Trade Agreement (FTA) and broader principles of engagement stand; new plans and laws need to be drown from the top-down and local legislative bodies to make the most out of CPEC.