Regional Connectivity under CPEC
About Theme
Pakistan has nature’s unique advantage due to it’s geo-strategically coordinates among top emerging eastern economies including China, India and other South Asian countries. World has experienced multiple regional integration models like EU, ASEAN, SAARC and BRICS. But these are all facing a lot of challenge. Major root-cause being exclusive growth of regional countries. Based on such experiences, President Xi initiated a new model of regional integration “Belt and Road Initiative (BRI)” and made connectivity agreements with 65 regional countries for infrastructural development worth 900 billion USDs.
Under BRI model China is going to connect South Asia, South East Asia, Africa, Europe, Central Asia, Russia and Middle East Asia with six major economic corridors and “China Pakistan Economic Corridor (CPEC)” has been declared a flagship corridor of BRI due to its geo-strategic positioning.