International Congress on Eurasian Economies
19-20 September 2023 – İzmir - TURKEY
Paper properties
Paper ID : 2745
Status : Paper submitted to journal
Language : English
Topic : International Trade and Globalization
Presenter: Asst. Prof. Dr. Tooba Ahmad
Session : 3C Regional Analysis
Geopolitical and Geo-economic Implications of Gwadar Port for Regional Power Dynamics in the Context of BRI
Geopolitical and Geo-economic Implications of Gwadar Port for Regional Power Dynamics in the Context of BRI
- Asst. Prof. Dr. Tooba Ahmad (COMSATS University Islamabad, Pakistan)
- Asst. Prof. Dr. Sami Ullah (University of Central Punjab, Pakistan)
Abstract
The development of Gwadar Port is a complex issue involving various economic, strategic, and political considerations. While it can potentially transform regional power dynamics and stimulate economic development, it raises several concerns that must be carefully considered and addressed. This research discusses the role of Gwadar Port in successfully implementing BRI and its geopolitical and geoeconomic outcomes for Pakistan, China, BRI participants, and other regional stakeholders. A qualitative research approach analyses data obtained from official reports and government documents. The findings show that Gwadar Port's geopolitical and geoeconomic significance lies in its strategic location, its role in the China-Pakistan Economic Corridor, its potential as a naval power projection point, and its contribution to trade, connectivity, energy security, and economic development in the region. Moreover, Pakistan is expected to observe a significant rise in maritime trade capacity to support the dwindling economy. Furthermore, naval security will improve by reducing reliance on ports in Karachi near the Indian border.
JEL codes: A12, H80, P00
