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Pakistan Affairs international relations

The Belt and Road Initiative is a global infrastructure development strategy adopted by the government of China in 2013 to invest in more than 150 countries and international organizations. The BRI is composed of six urban development land corridors linked by road, rail, energy, digital infrastructure, and the Maritime Silk Road linked by the development of ports.

Objectives

The Belt and Road Initiative addresses an "infrastructure gap" and thus has the potential to accelerate economic growth across the Asia Pacific, Africa and Central and Eastern Europe.

The project identifies five significant priorities:

  • Coordination of policy
  • Infrastructure connectivity
  • Unhindered trade
  • Economic integration
  • Human connectivity

Infrastructure networks (Land Corridors)

CPEC (China-Pakistan Economic Corridor)

Importance of CPEC for China and Pakistan

The New Eurasian Land Bridge

The ChinaMongoliaRussia Economic Corridor

The ChinaCentral AsiaWest Asia Corridor

The China-Indochina Peninsula economic corridor

The Trans-Himalayan Multi-dimensional Connectivity Network

Silk Road Economic Belt

The "belt" includes countries on the original Silk Road through Central Asia, West Asia, the Middle East, and Europe. The initiative would create a cohesive economic area by building both hard infrastructure such as rail and road links and soft infrastructure such as trade agreements and a common commercial legal structure with a court system to police the agreements.

Maritime Silk Road (Sea Corridor)

The "21st Century Maritime Silk Road", or just the Maritime Silk Road, is the sea route 'corridor. It is a complementary initiative aimed at investing and fostering collaboration in Southeast Asia, Oceania and Africa through several contiguous bodies of water: the South China Sea, the South Pacific Ocean, and the wider Indian Ocean area

Challenges

High loans and high cost of BRI projects for developing countries

Long delays in projects

US Indo Pacific

Non-renewable energy projects cuasing climate issues.

Mind Map

!belt and road initiative mindmap.excalidraw

Pakistan and China relations Importance of CPEC for China and Pakistan US interests in the Indo-Pacific region and ties with India and their impacts on PakUS relations

References

Belt and Road Initiative, Wikipedia How Chinas Belt and Road Initiative is changing Chinas Massive Belt and Road Initiative