Nairabatical point of view

Importance Of CPEC The China-Pakistan Economic Corridor (CPEC) is partly a development scheme and partly strategic gambit. Although the Sino-Pakistani friendship has been labeled as  “higher than the Himalayas”,  perhaps it is time to refashion it with a greater qualifier. The CPEC represents a watershed moment in the Sino-Pakistani partnership: a reflection of enhanced and deepened bilateral relations. More critically for Pakistan, the CPEC comes at a time of rapidly evolving Chinese geopolitical ambitions, thereby, providing Pakistan a significant role, both economically and diplomatically, in this ambitious expansion. Bilateral investment treaties (BITs) between China and Pakistan are the basis of China-Pakistan Economic Corridor. They include the establishment of multiple economic and industrial zones along with providing solutions to the energy crisis in Pakistan. The CPEC plan also includes the establishment of road and railway li...