Stories about China Pakistan Economic Corridor

PTI’s vague and static foreign policy will only worsen Pakistan’s standing in the world

Historically, Pakistan’s foreign policy has been a domain in which elected governments have been allowed very little space and scope to work in. Our founding father envisaged a foreign policy based on peaceful relations with our neighbours – including India – and one that would value our sovereignty. Contrary to his vision, Pakistan has not been able to devise a balanced policy that can be termed entirely beneficial for its own national interest. The current government led by Pakistan Tehreek-e-Insaf (PTI) also finds itself in a position where Foreign Minister Shah Mehmood Qureshi is symbolically heading foreign affairs while ...

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From Naran to Khunjerab Pass: A trip to the enthralling eighth wonder of the world and Pakistan’s very own heaven

It was the second week of September, and a bright sunny day, as we set out from Lahore on our journey to the northern areas of the country. My wife and I had been planning this trip for weeks but were still apprehensive on what was to come since we had never ventured this far up north. We hadn’t seen most of the places that we planned on covering but were excited nonetheless, since we were about to make our journey across Khyber Pakhtunkhwa (K-P) to Gilgit Baltistan (GB) all the way up to Khunjerab Pass. We left Lahore and made our way to Nathiagali, ...

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Pakistan’s foreign policy, cross-country trade and internal security: For better or for worse?

Is Pakistan’s foreign policy in mayhem or is it a work in progress? This is a tough question for any political analyst. On one hand, the dwindling Pakistan-US relationship has drawn a lot of unsolicited criticism, while on the other, the increasing cooperation between China, Russia and Pakistan is claimed to be a stepping stone to country’s long-term growth. Pakistan has recently been under a lot of fire since Shahid Khaqan Abbasi has clearly stated that Pakistan will neither fight the US-Afghan war on its own soil nor will it be used as a scapegoat. Abbasi stated, “Nor can we endorse any failed ...

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Could Nawaz Sharif’s fate determine the future of Pakistan’s stock market as well?

The latest discussion engulfing the whole country has been Prime Minister Nawaz Sharif’s joint investigation team (JIT) imbroglio and the stock market’s rapid decline. In one of my previous blogs, we highlighted how the stock market should be utilised as an investment vehicle. For the record, Karachi Stock Exchange (KSE) 100 Index went up by +50% from that day and stayed the same for the next 24 months. While sceptics have resurfaced – and so have the bears in the market (which is down +15% from the peak levels) – to criticise the vulnerability of the economy amidst political impasse, it is crucial to holistically view the changing political and economic landscape ...

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What better way of diverting attention from Donald Trump than by blaming Pakistan for all the ills of the world?

The world awoke earlier this week to another one of Donald Trump’s controversial insinuations. I call this an insinuation because the American president didn’t make any official statement himself, but had senior members of his staff hint at the possibility of his administration “hardening the line” against Pakistan. The revelation made to Reuters comes across as nothing new. Pick up any article printed in any paper from any country about the US-Pakistan relationship and you will find the exact same content, phrases, threats and arguments. It usually revolves around the US lamenting that Pakistan is not doing enough and is in cahoots with militant groups that are bent upon hampering the ...

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India’s absence from the OBOR forum is testimony of Modi’s failed foreign policy

China hosted a massive two-day international event between May 14 and 15 in Beijing to formally launch its One Belt, One Road (OBOR) initiative, which plans to connect Asia, Middle East, Africa and Europe. More than 65 countries participated in the summit and nearly half of them were represented by their heads of state and government. World powers such as the US, the UK, France, Germany, Russia and even Japan too were in Beijing. Apart from Bhutan, which does not have any diplomatic ties with China, all other South Asian countries took part. However, the Narendra Modi-led Indian government decided to give it a miss in spite of China’s repeated overtures. Nothing can explain this self-inflicted isolation of India except PM Modi’s ...

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Roads and religion: How CPEC will pit Pakistan against itself

‘Exclusive: CPEC Master Plan Revealed’, read a headline this week in Pakistan’s daily newspaper, Dawn. Instantly, news outlets from across the world scrambled to analyse the text of the now-viral article and provided their own respective analyses of this said master plan. The two words themselves seem especially ominous, harkening to the devious plots hatched by cunning antagonists in the spy movies of old. The words, however, in many ways do justice to what was revealed. The plan includes details of leasing large tracts of land to Chinese companies for ‘demonstration projects’ in agriculture with similar concessions in land granted for the construction of ...

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The parasitic relationship of Pakistan, the shark, and Afghanistan, the remora

Reality is more complicated than fiction. Before someone loses a fuse by just reading this statement, let me explain. Fiction, no matter how fantastical, has to make some sense at the end of the day, otherwise it would not be able to appeal to any ‘reasonable’ audience. I apologise for using the term ‘reasonable’ here but I must make some sort of differentiation, otherwise people would point out the weirdest fictions out there as examples also known as House of 1000 Corpses. In fiction, two brothers who despise each other throughout the narrative would somehow find common ground and get back ...

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Why is PML-N being so secretive about CPEC’s investment plan?

If the China Pakistan Economic Corridor (CPEC) wasn’t already an enigma, the recent debates regarding its pros and cons have muddled this into an even bigger mess. On one hand, there are the knockers who didn’t shy away from labelling it as the future East India Company (EIC), and on the other, we have the blind patriots – the ones that hold CPEC at the highest level of sanctity, that merely questioning the transparency regarding CPEC’s projects amounts to treason for them. Undoubtedly, these directionless debates have a lot to do with the suspicion and political sensitivity created by the government around the CPEC framework. However, to me, ...

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Is the Pak-Cheen dosti really that zindabad?

‘Pak-Cheen Dosti Zindabad!’ is a household anthem, isn’t it? A sea-pack, sorry, China Pakistan Economic Corridor (CPEC) appears to be Pakistan’s Achilles heel. Under this partnership, Pakistan is to receive a $51 billion investment over the course of three to eight years in the form of power projects, roads and railway upgrades, transmission lines, infrastructure, hospitals, technology and much more. Undoubtedly, such an investment is a welcome sign for Pakistan but the deal is strategically far more important to China than it is to Pakistan. We were on the brink of dragging the over-burdening economy with no imminent increase in exports, tax revenues, ...

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