ENHANCING THE DEVELOPMENT OF PAKISTAN WITH CPEC: RESOURCEFUL OF INTERNAL AND EXTERNAL SECURITY THREATS TO A SUSTAINABLE ECONOMIC FUTURE

Abstract

China Pakistan economic corridor which is the cornerstone of belt and Road Initiative that focuses on connecting china's Xinjiang province with Gwadar port in order to stabilize and consolidate economic progress and regional stability. Despite its strategic importance CPEC has been facing numerous challenges on internal and external friends. It could not keep it's pace in Pakistan due to political instability corruption provincial differences that dented public trust upon the governments and rulers. On global level the regional tensions security concerns and strategic rivalries i.e. India Pakistan Iran and Afghanistan have also compromised the regional development. This study adopts qualitative descriptive and empirical methods to understand the strategic importance of CPEC and draw conclusions about the power imbalances and security concerns in it. Looking into the government documents, reports and inquisitions, the subjective and objective materials one thing has become clear that institutional weaknesses and your political tension are the major reasons behind the longevity consolidation of this project. Finding of this research reveal that the reforms in governance system intergovernmental corporation and balanced diplomacy are vital for the consolidation of CPEC.