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Showing posts with the label I Silk Route

Pakistan Reels With Internal Unease Regarding CPEC Implementation ( Source- The Diplomat / Author- Umair Jamal)

Gwadar port ( Image credits- Wikimedia Commons / Umargondal) Source- The Diplomat Author-  Umair Jamal In Pakistan, controversy continues to grow around the China-Pakistan Economic Corridor (CPEC), a multi-billion dollar economic agreement between the China and Pakistan that promises to build an economic trade corridor along the length of Pakistan, connecting western China to the Arabian Sea. Specifically, the corridor aims to connect Gwadar port in Balochistan to China’s Xinjiang region through a network of highways, railroads, and pipelines, spread over 3,000 kilometers. For energy-starved Pakistan, the project is likely to add more than 25,000MW of electricity capacity across the national grid through different energy-related projects. If implemented successfully, CPEC has the potential to transform Pakistan into a thriving economy. However, its successful implementation is only possible if there is internal political unity among all of Pakistan’s provinces. This r

Pakistan: What Stands in CPEC’s Way? ( Source- The Diplomat / Author- Muhammad Daim Fazil)

Gwadar Port ( Image credits- WIkimedia Commons / J. Patrick Fesher) Source- The Diplomat Author- Muhammad Daim Fazil When Chinese President Xi Jinping unveiled the blueprint for the enormous $46 billion China-Pakistan Economic Corridor (CPEC) project last year, Pakistan was understandably pleased. The Pakistani government considers the project a game changer for its fragile economic structure. This exhilaration partly stems from the country’s wobbly economic performance in recent years, which has seen it fall short of GDP and other financial targets. The project has also elevated Islamabad’s strategic partnership with the regional superpower. CPEC is viewed as a lifeline for Pakistan, yet three potential obstacles could yet derail this multifaceted project. Provincial Resentment in Pakistan A lack of domestic consensus can hinder development in any part of the world, and CPEC is no exception. When CPEC was initially introduced, every mainstream political party sup