The image of Pakistan has improved as the country gives full support to China's Belt and Road (B&R) initiative, says a Chinese leading media house, the Global Times.
Beijing, (Pakistan Point News - 09th Mar, 2018) : The image of Pakistan has improved as the country gives full support to China's Belt and Road (B&R) initiative, says a Chinese leading media house, the Global Times. As an example, Pakistan Prime Minister Shahid Khaqan Abbasi was the first high-level foreign dignitary, received by KP Sharma Oli after Oli was sworn in as the prime minister of Nepal. Nepal's prime minister usually makes his first visit to India after being inaugurated, so the meeting between the two sides is seen as a sign that the two countries may strengthen economic cooperation.
Although the China-Pakistan Economic Corridor (CPEC) faces problems such as security, the economic corridor has become a reality with the first shipment of Chinese goods through the Gwadar Port in southwest Pakistan in 2016. The CPEC, a flagship project of the B&R initiative, helps Pakistan occupy an important position in the trade route linking China and the West. While Nepal extends an olive branch to Pakistan to enhance cooperation, Afghanistan has also showed an interest in being involved in the CPEC projects.
The CPEC will create new business opportunities for not only Pakistan but also other countries in South Asia and adjacent areas as it reshapes the regional economic landscape by shortening trade routes. China's B&R initiative has made headlines across South Asia, where leaders must ponder the future of regional economic integration in a bid to pursue the maximization of their local interests. Some countries in the region have thus witnessed frequent high-level bilateral exchanges.
The B&R initiative is not designed as a political instrument to enhance China's economic ties with the participants, but as an open platform for all of them to strengthen communication among themselves. Active exchanges in various areas are brightening the picture for South Asian economies. It seems the B&R initiative has played an increasing role in promoting economic integration.� According to another media's report, Pakistan and Nepal have agreed to revitalize the summit of the South Asian Association for Regional Cooperation in the spirit of the charter. Countries that have given a cool response to the B&R initiative may be bystanders to South Asia's rejuvenation. This should be recognized by India.
