A Geo-Political And Geo-Economic Assessment Of Gwadar Port In The Context Of The China-Pakistan Economic Corridor (CPEC)
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The significance of Gwadar to China and Pakistan is addressed in depth, taking into account geopolitical and economic aspects from a geo-economic vantage point. The authors used the geo-economic method, historical perspective, geographical and geopolitical factors, and worldwide development trends to analyse Gwadar port. The authors examined its role in China's and Pakistan's development and its favourable impact on their economies. Because geo-economics looks at how geographical, political, and economic factors in international relations affect each other, a geo-economic study is done to get a deeper and more complete look at the economic relationship between China and Pakistan. As a result, progress at Gwadar Port has the potential to boost China's and Pakistan's economic stability. Now that Gwadar Port is operational, Pakistan's oil pipeline can bring energy and oil from the Middle East directly to China. Through the CPEC, not only oil but also goods from Central Asia, Europe, and the United States will arrive in China via Gwadar Port. Gwadar port development under the CPEC programme has the potential to greatly expand Pakistan's maritime trade capacity while decreasing the country's reliance on Karachi, its current largest port, which is located near the India border. Geo-economics is utilised to undertake a more thorough and comprehensive examination of the economic connection between China and Pakistan since it incorporates the interrelationships of geographical, locational, geopolitical, and economic aspects in international relations. The purpose of this study is to look at how the Gwadar port is growing and what that means for China and Pakistan from a geo-economic point of view.