By Sudha Ramachandran
May 26th, 2016, The CACI Analyst
Iran’s location near key trade routes and strategic waterways could make it a major Eurasian trade and transit corridor in the coming decades. China is keen to tap into Iran’s potential. But will Iran’s rise as a trade hub undermine the importance and prospects of the China-Pakistan Economic Corridor (CPEC)? This possibility has raised concerns in Pakistan that China’s commitment to making the Gwadar port a key node in the CPEC could dwindle as Iran’s trade corridors take shape and if Pakistan’s government fails to address China’s security concerns.
By Sudha Ramachandran (09/02/2015 issue of the CACI Analyst)
By linking Kashgar with Gwadar port through a network of roads and railway lines, the China-Pakistan Economic Corridor (CPEC) project has the potential to inject new life into the region’s economies. While India has expressed strong objections to the CPEC for economic as well as strategic reasons, it could also benefit from the project by opening up an overland route to new markets in Central Asia.
The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.