CPEC Poised to Be a Regional Game-Changer, Say Analysts
Pakistan's foreign policy is built upon a steadfast commitment to engaging with nations based on shared interests and fostering friendships while avoiding hostilities. The Caretaker Foreign Minister emphasized our desire for positive relations with all countries, especially our neighbors. However, building normal relations with India remains a diplomatic challenge, as India has shown reluctance to engage in dialogue.
In this dynamic global landscape, nations form strategic and economic partnerships. Pakistan has leaned towards geo-economics while acknowledging the importance of geopolitics. Notably, China's investment in Pakistan through the China Pakistan Economic Corridor (CPEC) during a period of heightened terrorism was instrumental. Pakistan and China are key stakeholders in this transformative initiative, and they've welcomed regional participation, with Afghanistan expressing interest. The Belt and Road Initiative is poised to gain more participants over time, with Gwadar port, a pivotal part of CPEC, emerging as a trade hub and driving economic growth.
Creating an attractive environment for foreign investors is paramount, requiring consistent domestic policies. The caretaker government's commitment to continuing CPEC's momentum is reassuring for investors. Strong relationships with China, the United States, and other developed nations can potentially contribute to Pakistan's economic revival.