Is Pakistan China Economic Corridor failure of US Foreign Policy?

“The supreme art of war is to subdue the enemy without fighting.” – Sun Tzu

Pakistan has been in state of series of wars since 1947, started by the Indian occupation of Muslim majority state of Kashmir in 1948, followed by 1965, 1971 and 1984. In 1979, Pakistan again jumped in two indirect US war with Russia upon  invasion of Afghanistan by Russian Forces named Afghan Jihad.  In 1999, Kargil war with India and lately since 2002, joined the War against terrorism till today. In short, we lost significant land of Jammu & Kashmir, East Pakistan (now Bangladesh). The indirect economic losses are many fold including losses caused by terrorism and talibanisation, political unrest and problems caused by millions of Afghan refugees residing in Pakistan for past 36 years.

United States initially helped but walked away from the scene as usual after accomplishment of major objectives leaving its coalition partner alone to cleanup the mess created during the operation. Unilateral terms dictated the agreements signed under fear of sanctions, embargoes and promised funds from IMF and World Bank, which in reality damaged economy and people of Pakistan. Although United States via USAID program is actively engaged in various projects, limited by scope and opportunities when compared to size of population which is nearly 180+ million. United States government’s failure to meet expectations of Pakistan’s government provided opportunity to other global powers to strengthen bonds for cooperation.

Chinese vs US Investment in Pakistan

Historically, Russians, landlocked Central Asians Countries and Chinese were looking for access to Pakistan’s ports. Whereas United States had been trying to block their access for strategic reasons by provoking instability in the region. However, the changing global economic climate, slow US and European economy, aging western population and the newly formed Chinese-Russian nexus defeated the US Foreign Policy for South and Central Asia. The strategic location of Pakistan is pivotal for developing new world economy (CHINDIAFRICA).

Pakistan China Economic Corridor (PCEC) offers shortest possible trade route for exporting and importing goods to and from China and Central Asia to Middle East and Africa. The volume of transit transaction amounts to trillions of dollars of annual revenue which will not only help to improve regional economy but also living stands of Pakistanis and citizens of Central Asian countries by significant increase in  GDP per Capita Income. The figure below illustrates the historic GDP per Capital of Pakistan, Iran and Central Asian states.

GDP per Capita of Pakistan, Iran and Central Asian Countries

Now with the help of Chinese-Russian Nexus and the opportunities opened up with the establishment of economic corridor, the per capita income is expected to cross US$ 20,000 resulting in social-justice and prosperity.

Despite of the fact that Pakistan paid heavy price for involving in regional conflicts, supporting US interests and Indian insurgencies, we did not loose hope and faith. China has wisely stepped in the right direction, at the right time by extending strategic cooperation with Pakistan not only to boost its economic growth but to develop the new world economy defeating US-Indian nexus as well.

As a result, Pakistan will face new challenges related to political instability, insurgencies in Baluchistan, sectarian violence but this time Pakistan is well prepared and equipped to respond with strong and trustworthy coalition partners.