11 May 2016
Image by the US Institute of Peace
Regionalism in South Asia has entailed the search for collective efforts to overcome mostly weak, congeneric economies, political fragmentation, socio-religious cleavages and the consequent deep-rooted conflicts between different states, especially between Pakistan and India. In order to enhance regional cooperation, for quite some time, the idea of Economic Corridor (EC) has become not only a trend in foreign policy strategies but also a buzzword in plans for stimulating economic growth as well as deeper integration of Asia’s sub-regions. This has especially been the case within South East Asia, spearheaded by the Greater Mekong Subregion (GMS) initiative. In South Asia, it is a more recent phenomenon that the establishment of economic corridors has gained prominence. One of the most advanced examples is the China-Pakistan Economic Corridor (CPEC).