Abstract
Now that the threat of Western sanctions on Iran has been removed, the prospects for improved relations between Pakistan and Iran provide increased opportunities. Both the countries have the opportunity to expand their bilateral political and economic relations as well as to move towards a broader integration of regional and international markets, particularly through the reinvigoration of the long awaited and long delayed Iran-Pakistan gas pipeline. Indeed, while there are many challenges, there are also bright prospects that this pipeline, dubbed as the ‘peace pipeline,’ can eventually be merged into the China-Pakistan Economic Corridor initiative that is underway to link China with the other regional markets, including Iran, through Pakistan.
