28 June 2016, by Siegfried O. Wolf
The China-Pakistan Economic Corridor (CPEC), a multi-billion dollar infrastructure investment project, is heralded as a game changer for Pakistan’s economy and for regional cooperation more generally. As a crucial part of the major development initiative led by China, known as ‘One Belt, One Road’ (OBOR), to connect Asia with Europe, the Middle East and Africa, the CPEC is widely linked to hopes, interests, as well as regional and global geopolitics. However, such a mega-project also raises numerous questions, especially with regards to the feasibility of its implementation, the impact on the region and, India’s stance vis-a-vis the endeavour. Therefore, this Research Paper seeks to shed light on involved interests and challenges, potential impact on regional development and makes special reference of India’s role in it.
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