Future Prospects and Scope of China Pakistan Economic Corridor in Modern Maritime Silk Road
DOI:
https://doi.org/10.52131/pjhss.2024.v12i2.2115Keywords:
China Pakistan Economic Corridor, Belt and Road Initiative, Modern Maritime Silk Road, Maritime ConnectivityAbstract
The China Pakistan Economic Corridor (CPEC) stands as a master project within the broader framework of the Belt and Road Initiative (BRI), envisioning connectivity and economic cooperation across the Eurasian landmass. With a focus on the maritime dimension, this study explores the future prospects and scope of CPEC within the context of the Modern Maritime Silk Road (MSR). By examining key infrastructure projects, policy frameworks, and geopolitical dynamics, it assesses the potential impacts and opportunities arising from enhanced maritime connectivity between China and Pakistan. The analysis begins by demarcation the strategic importance of maritime routes in economic development and facilitating trade, mainly in the framework of global maritime trade patterns. Additionally, the study explores the consequences of CPEC for regional dynamics, mainly in the Indian Ocean region, where geopolitical competition and maritime security concerns intersect. It examines the potential for transshipment opportunities, economic integration and the growth of regional supply chains helped by CPEC-linked maritime infrastructure.
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Copyright (c) 2024 Irum Javid, Muhammad Ali
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.