Issue Brief on “Imperatives and Implications of Accelerating CPEC Phase-II”

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Recent advancements in China Pakistan Economic Corridor’s Phase-II reflect a major progression in China-Pakistan bilateral cooperation. In recent meetings and public appearances, Chinese diplomats have emphasized that the expedited work on Phase-II demonstrates both countries’ commitment to realizing their shared vision of a prosperous future. Moreover, the introduction of five new corridors—such as the Corridor of Information, Corridor of Job Creation, Innovation, Green Energy, and Inclusive Regional Development—illustrates CPEC’s strategic diversification beyond traditional infrastructure projects.[1]

As a linchpin of Pakistan-China strategic relationship, the China-Pakistan Economic Corridor (CPEC) is of great importance in the context of both bilateral relations and regional cooperation. CPEC strengthens cooperation between Pakistan and China, fostering economic links and paving the way for long-term shared prosperity. Moreover, the potential influence of CPEC goes beyond bilateral ties, as its extensive infrastructure network has the ability to improve regional connectivity and promote economic growth in South Asia, Central Asia, and the West Asia. The CPEC is the flagship project of President Xi Jinping’s Belt and Road Initiative (BRI). It reinforces the common goals of future prosperity and regional integration.

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