Authors: Sanjay Kumar Kar and Prajit Goswami
The first-ever United Nations Global Sustainable Transport Conference concluded today in the Turkmen capital, with more than 50 countries endorsing the 'Ashgabat Statement on Commitments and Policy Recommendations,' with a view to supporting cleaner, greener transportation – from local transit systems to worldwide multimodal networks.
Borders thronged with soldiers. War drills. Scything rhetoric and deranged shreds of unfounded accusations. This is how we can best explain the recent situation between the two big names which are supposed to build, along with two other countries, a pipeline called TAPI.
The Shanghai Cooperation Organization has intensified its focus on regional economic initiatives like the China-led Silk Road Economic Belt and the Russia-lead Eurasian Economic Union. At the Ufa summit in Russia, the member states adopted the SCO Development Strategy, which included bolstering finance, investment, and trade cooperation as a priority in the next ten years.
The Gwadar Port project has an exceptionally important function not only for Pakistan but also for the rest of the region. Notably, the Chinese government has paid the bulk of the funds for the project execution. The state owned Frontier Works Organization (FWO) of Pakistan got financial support of $360 million from China for the expansion and up gradation of the Karakoram Highway in order to smooth and speedy transportation of the imported and exported goods through the Gwadar Port.
After the collapse of the Soviet Union and the formation of the Central Asia Republics (CARs), the countries with their huge economic potential have been less explored foreign policy options of Pakistan. Despite the fact that being located in the same region and exceptionally sharing common characteristics, the geo-political and geo-economic importance of Pakistan and CARs could naturally stimulate the two sides to reach out to each though.
Energy: what was once a largely single-resource/two-state controlled industry has given way to other resources of significance. In turn, this has also given rise to other states as major players in the arena. Given the increased need for energy among states, there has been greater collaboration and cooperation among states with regards to energy resources.