UNLOCKING ECONOMIC POTENTIALS, CPEC'S IMPACT ON THE SOUTH ASIAN REGION

Abstract

The China-Pakistan Economic Corridor (CPEC) represents a significant milestone in contemporary economic geopolitics, holding vast implications for South Asia. Beyond infrastructure development, it encompasses trade, energy cooperation, and regional connectivity, promising transformative socio-economic benefits. This study explores CPEC's economic dimensions in the South Asian Region, utilizing qualitative methods. It underscores the potential for increased trade and connectivity to foster shared prosperity among stakeholders. Collaboration on joint ventures and economic projects is encouraged to create mutually beneficial outcomes. While CPEC offers opportunities for regional cooperation, it also poses challenges due to geopolitical shifts. Proactive policy responses are essential to navigate these complexities and ensure the project's success amidst evolving dynamics in Asia. And engage in multilateral forums and initiatives to promote stability and prosperity in the wider South Asian region.