24 Nov Growing Chinese presence in Pakistan’s port city Gwadar has led to the protest. (GS Paper-II, Polity, Constitution, Governance & International Relations) Source: The Times of India
Why in news?
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Pakistan ports City Gwadar is witnessing massive protests over severe shortage of water , electricity as well as threats to livelihood from illegal fishing, against multi-billion project CPEC.
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Activists state that the needs of the locals are being denied.
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Gwadar is an integral part of CPEC project under the Chinese flagship program of Belt and Road initiative.
What is CPEC( China- Pakistan economic corridor)?
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It was launched in 2015 as a multibillion bilateral project between China and Pakistan. This project is an integral part of China’s Belt and Road initiative.
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The project aims to promote connectivity across Pakistan by developing networks of highways ,Railways and pipelines.
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The objective of the project is to link Gwadar port in Pakistan to Xinjiang province of China via Khunjerab Pass.
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The proposed projects would be financed by heavily subsidized loans by the Chinese government.
Pakistan interest in CPEC;
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The heavy investment by the Chinese would give a boost to the Pakistan economy by over 15%.
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It would help Pakistan meet its energy requirement which is considered to be the biggest breakthrough in the project, for example, Karot hydropower project and Karachi nuclear power plant.
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Pakistan critically lacks the basic infrastructure facilities. Investment by China is likely to uplift Pakistan’s deteriorating infrastructure like for example construction of a railway network worth 10 billion dollar and construction of 2000 km of road in the country.
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The project also promises the huge employment opportunities in Pakistan.
China interest in CPEC:
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This corridor would provide China with access to the Middle East and Europe and by shortening the route it would help China save millions of dollars.
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Functional Gwadar port would provide a link between Maritime Silk Road and Arabian Sea. This would help China easily import its crude and refined oil.
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In addition to the above mentioned profit China would gain huge strategic and geopolitical advantage in the Indian Ocean region.
Issues related to China Pakistan economic corridor:
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The project lacks transparency and accountability and is generally opined that it would be skewed in the favor of China heavily
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There is apprehension whether the project would create job opportunities for the Pakistan locals as Chinese are not partnering with local companies.
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The project may itself in future undermine the sovereignty of Pakistan and dictate its foreign policy especially against India.
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In the long run the presence of Chinese to various networks may influence the culture and pattern of thinking of Pakistan.
Concerns of India over CPEC:
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India is concerned over the project as it passes through Pakistan occupied Kashmir( a disputed territory) which in itself undermines the sovereignty of India.
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The heavy presence of Chinese near the border area of the country itself poses a serious security threat.
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Pakistan and China are now together trying to make Afghanistan join the CPEC infrastructure project.
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In the effort of the same, China has now proposed to construct Peshawar- Kabul motorway as an extension of CPEC in Afghanistan.
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Now these new initiatives have raised the already prevailing concerns of India over CPEC on economic ,political and security fronts.
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India’s foremost concern over Afghanistan joining CPEC is that the investment made by India in Chabahar port in Iran would be undermined.
Way forward;
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India must carefully calculate the potential benefits and possible concerns over belt and Road initiative and accordingly guide its future strategy.
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India can also make use of the Asia- Africa corridor which is India -Japan economic cooperation to counter and balance the Chinese BRI project.
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With the changing political scenario in Afghanistan, India must very carefully design its relation with it, in a way that the advantage of China can be reduced in the area.
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India can focus on building relationships with its own strategic project like Bangladesh -China -India -Myanmar economic corridor(BCIM).
Download plutus ias daily current affairs 24 November 2021
By :- Vivek raj Yadav
Plutus IAS Current Affair Team Member
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