The China-Pakistan Economic Corridor (CPEC) project aims to create an industrial corridor from Kashgar (China) to Gwadar (Balochistan, Pakistan) to connect both places with high-speed railway links and roadways and build a port at Gwadar. Initially, the provinces of Khyber-Pakhtunkhwa and Balochistan were to have benefited. The route was later amended, and as of today, the corridor passes through the territories of POK, Punjab, Sindh, and Baluchistan.
The CPEC, which began operations in 2015, is the centrepiece of China’s multibillion-dollar Belt and Road Initiative (BRI), a pet project of Chinese President Xi Jinping aimed at increasing Beijing’s global influence through China-funded infrastructure projects.
There are specific concerns as far as India is concerned. Pakistan, too would do good to tackle them as the issues affect both nations.Â
Currently, called the Belt and Road Initiative (BRI), the OBOR is China’s ambitious master plan to invest in infrastructure projects in 70 countries and have a greater role in global affairs. The four primary components of the BRI run through India’s South Asian neighbourhood: the CPEC, the Trans-Himalayan Economic Corridor, the BCIM Economic Corridor, and the Maritime Silk Road. India declined to join, continuing its opposition to China’s investment in the China-Pakistan Economic Corridor or CPEC, which passes through the contested territories of Pakistan-occupied Kashmir.Â
The Silk Road Economic Belt: The road will connect China with Central Asia, Eastern Europe, and Western Europe and it’s sea based route.The Silk Road of the Twenty-First Century is a sea-based route that will connect China’s southern coast to the Mediterranean, Africa, Southeast Asia, and Central Asia.21st Century Maritime Silk Road: The 21st Century Maritime Silk Road aims to connect Mediterranean countries, African countries, Southeast Asian Countries, and Central Asian countries to China’s southern coast.This particular project can tremendously help boost trade amongst the Asian and European countries.Â
Apart from the above advantages, however, the chief concern is that the project runs across the PoK disputed territory.
The Asia-Africa Growth Corridor is an economic cooperation agreement between India and Japan that can provide India with significant strategic benefits and help counter Chinese projects.
With China preparing to build a permanent military base in Pakistan for the CPEC, India can anticipate further Chinese involvement in this area. The China Pakistan Economic Corridor (CPEC) is actually the flagship activity of The Belt and Road Initiative (BRI), launched by Chinese President Xi Jinping in 2013 with an aim to boost connectivity and cooperation among Eurasian countries. CPEC aims at a significant improvement in the Pakistan trade sector and broader socio-economic sphere.