BELT AND ROAD INITIATIVE CHALLENGES AND OPPORTUNITIES FOR PAKISTAN
Main Article Content
Abstract
Chinese Belt and Road Initiative (BRI) is primarily aimed at strategic interconnectedness of Asia, Europe and Africa and regional economic connectivity in South Asia, East, West and Central Asia by maintaining connection among partner countries in highly interconnected globalised World. Pakistan’s integration into BRI through CPEC can play a vital role in terms of regional economic and political development encompassing variety of opportunities for Pakistan. This Chinese initiative will diffuse geopolitical rivalries, giving leverage to geo-economics over geo-politics in South Asian region. BRI also poses multiple and critical geo-strategic challenges for the region especially for Pakistan. The objectives of the study are to explore the possible outcomes of Belt and Road Initiative, Prospects of regional economic developments, Challenges and Opportunities for the region especially for Pakistan. The study brings out the emerging trends concerning primacy of the geo-economics over geopolitics albeit in the nascent stage amid CPEC. The challenges likely to be faced by Pakistan by these developments would equally present numerous opportunities. These, if capitalised through prudent policies and execution would enhance strategic relevance of Pakistan among comity of nations. The paper attempts to proffer relevant policy level recommendations for the implementation.
Article Details
References
Callahan, W. A.(2016).China’s Asia Dream:The Belt Road Initiative and the new regional order. Asian Journal of Comparative Politics, 1(3).DOI: https://doi.org/10.1177/2057891116647806
Christoffersen, G.(2017).The China Challenge to the Pacific Century.Hong Kong:Johns Hopkins University, Nanjing Center ISA.Chunyang,J. (2017).New Trends of US Policy toward South Asia: Challenges to CPEC. IPRI JournalXVII (1), 95-121.
Gal, L.(2017).Silk Road 2.0:US Strategy toward China’s Belt and Road Initiative.Atlantic Council Strategy PaperNo. 11, Retrieved from https://www.atlanticcouncil.org/wp-content/uploads/2017/10/US_Strategy_toward_Chinas_BRI_web_1003.pdfGodement, F.(2015). One belt One Road: China's great leap outward. China Analysis, Retrieved from https://ecfr.eu/publication/one_belt_one_road_chinas_great_leap_outward3055/
Huan, D. W. F.(2014). US Rebalancing Strategy and Asia’s Responses.In
D.W.F. HuanAsia Pacific Countries and the US Rebalancing Strategy(pp. 75-85)
New York: Palgrave Macmillan.Husssain, Z.(2017). The China Pakistan Economic Corridor and The New Regional Geopolitics. Asia Visions,94. Received from https://www.ifri.org/sites/default/files/atoms/files/hussain_china_pakistan_economic_corridor_2017.pdf
Mirza, Z.L. (2016). Chinese Vision of One Belt One Road and Strategic Dimensions of Pakistan China Economic Corridor. Margalla Papers, 20(1).Retrieved from https://www.prdb.pk/article/chinese-vision-of-one-belt-one-road-and-strategic-dimensions-4921
Noonari, M.A., Sadiq, M. and Qaisar, M.N. (2020). Battle for Supermacy in Asia Pacific, Asia Pacific, 38, 149-166Pathak,V.(October 2009).
China and Francophone Western Indian Ocean Region: Implications for Indian Interests, Journal of Defense studies, 3(4), 83-110.
Rappeport, A. (2017, January 24) Federal Debt Projected to Grow by Nearly $10 Trillion Over the Next Decade.New York Times,Retrieved from https://www.nytimes.com/2017/01/24/us/politics/budget-deficit-trump.html?_r=0
Shuaihua, Ch. (2015). China’s New SilkRoad: Implications for the US, Retrieved from http://yaleglobal.yale.edu/content/chinas-new-silk-road-implications-us
Syed F. H.(2009). Gwadar, An Emerging Centre of the New Great Game,ISPI Policy Brief, Retrieved from https://www.ispionline.it/sites/default/files/pubblicazioni/PB_162_2009.pdf
Upadhyay, Sh.(2014).The Indo Pacific & the Indo-US Relations:Geopolitics of Cooperation,IPCS Issue Brief. No.256.Retrieved from http://www.ipcs.org/issue_select.php?recNo=574
Wuthnow, J. (2017).Chinese Perspectives on the Belt and Road Initiative: Strategic Rationales, Risks, and Implications. China Straegic Perspectivesm 12 Retreived fromhttps://inss.ndu.edu/Portals/68/Documents/stratperspective/china/ChinaPerspectives-12.pdf
Ziying, Ch. (2016).China Empowering Pakistan, The Diplomatic Insight,9(2) Retrieved fromhttps://rtepakistan.org/wp-content/uploads/2016/04/The-Diplomatic-Insight-Special-Supplement-on-China-Pakistan-Economic-Corridor-Feb-2015.pdf