Role of CPEC in Enhancing Mutual Trust and Regional Integration: Across OBOR Countries
DOI:
https://doi.org/10.18533/ijbsr.v10i2.1284Keywords:
CPEC, Mutual Trust, Regional Trade, Integration, Regional Actors, CPEC’ Future.Abstract
The current paper has discussed how CPEC can enhance mutual trust and integration in the region and how it can be successful in the future for the whole region and how the attitude of regional factors could influence the future of CPEC. CPEC's worth of $46 billion initiated in 2013 which links the area of Pakistan names Gawadar port with China’s Kashgar. The beauty of CPEC is it could enhance and establishes economic and strategic connectivity in the south Asian region because CPEC has the capacity to harmonize other regions of Asia. Furthermore, it can perform a magnificent contribution in the refining of the strategic and economic environment of the Asian region. However, the future of CPEC is a dreadful vision for some states, which can hinder the CPEC potential of generating mutual trust and integration and also threaten the political interest of some countries. Anyhow, if the implementation of CPEC has been executed according to its plan it will have countless benefits for many countries in the future. Both countries, Pakistan and china need to get rid of all the obstacles and keep a strict eye on the regional actors who could affect the success of CPEC. Moreover, it’s also the utmost responsibility of the whole region that beyond all constrains and disputes, they must deliver to the success of CPEC project because undoubtedly it will bring prosperity and economic stability in the whole region.
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