CPEC: Political and Economic Implications for Pakistan

Abstract

The purpose of this paper is to explore the political and economic implications of CPEC (China Pakistan Economic Corridor) and to look into the new opportunities for Pakistan. CPEC has provided Pakistan with opportunities to enhance cooperation with China, Russia and CAR states regarding energy, economic and security requirements. Pakistan has changed its approach from pure realism to neo-liberalism in its international policies. This CPEC is providing Pakistan with new foreign policy options and it is tilting towards Asian Block. This CPEC will bring enormous development in the region in general and will take off Pakistan in particular, with the building of a network of roads, railways, highways and power generation plants all the way from Khunjerab to Gwadar. However, apart from its economic aspects, it will also bring some implications on Pakistan’s domestic as well as, international politics. Pakistan will have to take stringent steps and adopt new proactive policy options in near future to get maximum benefit from this project.