Thursday, November 3, 2016

China, Iran, and 'One Belt, One Road'

Will Iran become drawn into China’s ‘One Belt, One Road’ orbit in Pakistan?

By Hamzah Rifaat

THE DIPLOMATS - October 25, 2016

Last week, Chinese Ambassador to Pakistan Sun Weidong, in an interview, welcomed the prospect of enhanced cooperation with Iran on the China-Pakistan Economic Corridor (CPEC).
The flagship project is an integral component of China’s “One Belt, One Road” initiative, which seeks to promote greater regional connectivity within Asia and includes the land-based Silk Road Economic Belt and the Maritime Silk Road.
The inclusion of a strategically and geographically significant country such as Iran hints at an important aspect of Chinese economic policy, which is not limited to outsourcing industrial capacity through the CPEC only.