Global Conflicts and Economic Corridors: Impact of Palestine and Ukraine on Key Trade Routes
DOI:
https://doi.org/10.47205/jdss.2024(5-III)63Keywords:
Chinese Investment, CPEC, IMEEC, INSTC, Middle East, Shifting AllegianceAbstract
This study examines how the conflicts in Palestine and Ukraine are affecting three important economic corridors: the China-Pakistan Economic Corridor (CPEC), the India-Middle East Economic Corridor (IMEEC), and the International North-South Transport Corridor (INSTC). These wars have significant geopolitical impacts, disrupting trade routes and shifting investment flows in South Asia and the Middle East. Through a review of existing research and case studies, the study looks at how these conflicts are changing economic and political alliances. The findings show that CPEC, IMEEC, and INSTC are facing new challenges due to regional instability and shifting partnerships. To address these issues, the study suggests that countries focus on stronger diplomatic efforts, regional cooperation, and building strategic partnerships to ensure economic stability. By working together, nations can protect these critical trade routes and continue to develop, even as global tensions persist.
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