Pakistan and China agree to upgrade China-Pakistan Economic Corridor (CPEC) in 2nd phase | Current Affairs | Vision IAS
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Pakistan and China agree to upgrade China-Pakistan Economic Corridor (CPEC) in 2nd phase

Posted 11 Jun 2024

1 min read

CPEC phase-1 focused on infrastructure, energy, and port development projects while CPEC phase-2 revolves around Special Economic Zone development and industrialization.

About CPEC

  • It is a 3,000-km-long route of infrastructure projects connecting China's northwest Xinjiang Uyghur Autonomous Region and Gwadar Port in western Pakistan province of Balochistan. 
  • Launched in 2015, it is a flagship project under Belt & Road Initiative (BRI). 
    • BRI is a multi-billion-dollar initiative launched in 2013 to link Southeast Asia, Central Asia, Gulf region, Africa, and Europe with a network of land and sea routes.

Concerns of India

  • CPEC, passes through Gilgit-Baltistan (Pakistan occupied Kashmir) violating India’s sovereignty and territorial integrity.
  • Gwadar port’s development threatens India’s maritime security in Arabian Sea and energy/oil import through Gulf of Oman.
  • Economic non-viability of many of the BRI projects that led to “debt trap” situations in countries like Sri Lanka.

Steps taken by India to counter CPEC

  • Chabahar port In Iran, to enhance connectivity and counter Gawadar port.
  • International North-South Transport Corridor, connecting India to central Asia and Eurasia bypassing Pakistan.
  • Tags :
  • International North-South Transport Corridor
  • CPEC
  • Belt & Road Initiative (BRI)
  • Gwadar Port
  • Chabahar port
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