China Pakistan Economic Corridor: Prospects and Challenges
Abstract
This paper analyzes prospects and challenges for Pakistan at national and international levels for the creation of mechanism to defeat the contemplations of rivals. The China Pakistan Economic Corridor (CPEC) is being considered as a game changer project. It will be a source of bringing peace, harmony and prosperity not only in Pakistan but also in the entire region. It is a multidimensional developmental project in the global, regional, bilateral and domestic scenario. The power centers are being changed very rapidly due to CPEC, as many European countries are also interested in the project for their trade enhancement. The myth of “One Belt One Road” has international strategic implication. It would create opportunities not only for Asian, European and African states but also for Oceania through an effective diplomacy for the creation of new infrastructure and free trade zones. The role of international players to destabilize CPEC is also the burning question of the time that needs to be dealt with iron hands.
Authors
Dr. Muhammad Nawaz Bhatti
Associate Professor, Department of Politics & IR, University of Sargodha, Pakistan
Dr. Ghulam Mustafa
Assistant Professor, Department of Political Science & International Relations, Government College University Faisalabad, Pakistan
Farzad Ahmad
Assistant Professor, Department of Politics & IR, University of Sargodha, Pakistan
Keywords
Prosperity, Mega Projects, Infrastructure, Free Trade Zones, Regional Integration