Global News

[ad_1] ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) is a dream project that many countries aspire to have. It possesses all the necessary components to propel any nation towards rapid economic growth, development, and diversification. CPEC encompasses various areas of cooperation that hold importance for Pakistan. To benefit from CPEC, it is imperative to implement the right set of policies, take appropriate actions, and establish a robust institutional framework. Additionally, it is important to consider that CPEC is part of the Belt and Road Initiative (BRI), which comprises 152 member countries. As a result, healthy competition exists among these members to benefit from Chinese investments and gain access to its market. Against this backdrop, Pakistan should prioritise conducting a comprehensive situational analysis to identify potential competitors of CPEC, particularly within the region and adjacent regions. This analysis will help gain a better understanding

[ad_1] KARACHI: A high official of the United States has emphasised that the US and Pakistan have a “very strong” relationship and they have entered a new chapter of cooperation and development. In an interview with The Express Tribune, US Principal Deputy Assistant Secretary and Deputy Assistant Secretary responsible for Pakistan, South and Central Asia, Elizabeth Horst, during her visit to Pakistan last week, said “the US-Pakistan relationship right now is very strong because it is just about...the US and Pakistan together, not through a regional lens, not through any other lens.” Responding to a question about the challenges faced by US investors in developing partnerships with Pakistan in the backdrop of China-Pakistan Economic Corridor (CPEC), she said the US had been in Pakistan just as long as China. “We have a long economic relationship with Pakistan.” She pointed out that Washington did not ask Pakistan to choose between the US and China, adding that there was room