CPEC may create more India-Pakistan tension: UN report

Image
IANS Islamabad
Last Updated : May 24 2017 | 4:22 PM IST

The India-Pakistan dispute over Kashmir is a matter of concern, and the China-Pakistan Economic Corridor may create further tension between the two countries and ignite political instability in the South Asia region, a UN report has said.

The report released by the UN's Economic and Social Commission for Asia and the Pacific (Escap) on Tuesday said instability in Afghanistan could limit the potential benefits of transit corridors to population centres near Kabul or Kandahar, Dawn online reported.

'The Belt and Road Initiative and the Role of Escap' report was prepared at China's request and covers the six economic corridors spanning Asia, Europe and Africa, it said.

CPEC holds the promise of closer trade, investment and energy cooperation between the two countries, as it creates alternative maritime trade routes for China and its trading partners, it said.

According to the report, CPEC could serve as the "driver for trade and economic integration" between China, Pakistan, Iran, India, Afghanistan and other central Asian nations.

--IANS

py/vt

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 24 2017 | 4:06 PM IST

Next Story