Unpacking Pakistan’s geo-economic ambitions
T-Magazine
Pakistani leaders have repeatedly signaled a shift from ‘geopolitics’ to ‘geo-economics’ in recent months
By
ISLAMABAD:
Pakistan’s pivot from ‘geopolitics’ to ‘geo-economics’ came into sharp focus recently as Prime Minister Imran Khan concluded his visit to Uzbekistan. The term has been repeatedly brought up since the beginning of this year – first when the premier visited Sri Lanka in February and then in March, when both the army chief and Pakistan’s foreign minister announced in clear words the country’s developing geo-economic vision for its future.
The Uzbekistan trip, which spanned July 15 and 16, culminated in a slew of agreements across a range of sectors, from trade to culture. Among other things, the two nations agreed to finalise a preferential trade agreement (PTA) within three months to boost bilateral trade volume, which for now is far below potential. But perhaps most the significant
Pakistan, Central Asia, US Afghan withdrawal & Taliban
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Enhancing Connectivity and Trade Between Central Asia Regional Economic Cooperation Countries and the World: Benefits, Risks and Policy Implication
Enhancing Connectivity and Trade Between Central Asia Regional Economic Cooperation Countries and the World: Benefits, Risks and Policy Implication
Publication | June 2021
Corridor development must be well aligned with the overall economic policies and development plans of the countries involved.
Transportation corridors and reduced trade costs are essential to develop Central Asia Regional Economic Cooperation (CAREC) countries’ foreign trade. However, to intensify intra-CAREC trade as well as the region’s global exports, the product portfolio of CAREC countries’ industry and agriculture has to be broadened. Otherwise CAREC countries will just face strong import competition or become pure transit territories. The need and opportunities of change brought about by global decarbonization efforts and green transition, widely discus