The effectiveness of freight costs on trade potentials between China and European Union, Middle East, North African countries under China-Pakistan Corridor

• DOI: 10.1504/ijstl.2021.113988
• Publication Date: 2021-04-07T11:58:39Z
• Authors: Osman Ghanem; Li Xuemei; Khalid Mehmood Alam; Saranjam Baig
• Keywords: Statistical Analysis

The study tries to estimate the trade potentials might be raised by comparing current maritime route of One Belt Road initiative and new in particular with China-Pakistan Corridor as a result changing freight costs, shipping period distance between European Union (EU), Middle East, North African countries (MENA) China. To potentials, qualitative descriptive statistical methods will used compare real predicted trade. results reveal that China EU, MENA can increase show average EU are decreased $1,545, 16.3 days 10,084 km respectively, $1,695, 17.2 10,477 respectively.