On 12 August 2015 in the city of Karamay, China and Pakistan signed 20 more agreements worth $1.6 billion to further augment the scale and scope of CPEC [REF].
The first convoy from China, carrying almost 250 containers meant for export to ports in Bangladesh, Sri Lanka, the UAE and the EU arrived in Gwadar on November 13, 2016, thereby formalizing operation of CPEC.[REF]