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The Maritime Silk Road developed from the earlier Austronesian spice trade networks of Islander Southeast Asians with Sri Lanka and Southern India (established 1000 to 600 BCE), as well as the earlier Maritime Jade Road, known for lingling-o artifacts, in Southeast Asia, based in Taiwan and the Philippines.
Austronesian proto-historic and historic (Maritime Silk Road) maritime trade network in Southeast Asia and the Indian Ocean [1]. The Maritime Silk Road or Maritime Silk Route is the maritime section of the historic Silk Road that connected Southeast Asia, East Asia, the Indian subcontinent, the Arabian Peninsula, eastern Africa, and Europe.
The Silk Road [a] was a network of Eurasian trade routes active from the second century BCE until the mid-15th century. [1] Spanning over 6,400 km (4,000 mi), it played a central role in facilitating economic, cultural, political, and religious interactions between the Eastern and Western worlds.
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
The Silk Road was an ancient network of trade routes that connected many communities of Eurasia by land and sea, stretching from the Mediterranean basin in the west to the Korean peninsula and the Japanese archipelago in the east.
Silk Road trading routes during the 1st century AD. Commercial traffic between Europe and Asia took place along the Silk Road from at least the 2nd millennium BC.The Silk Road was not a specific thoroughfare, but a general route used by traders to travel, much of it by land, between the two continents along the Eurasian Steppes through Central Asia.
In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. [8] Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion. [9] As of April 2015, Pakistan's exports stand at US$29 billion.
Being the main travel route between Baltistan and Leh, the route carried part of the Silk Road traffic, which enriched the people of Chorbat. [9] The main populated areas in Chorbat are in the Shyok River valley, comprising some 13 villages in present-day Baltistan, and 5 villages in Indian-administered Ladakh.