BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)

This is apropos a letter to the Editor titled ‘Pakistan in the SCO: silent or strategic?’ by this writer carried by the newspaper yesterday.

In Tajikistan, China has invested approximately $3 billion in road and power infrastructure projects, while the Khorgos Gateway on the China-Kazakhstan border, a major logistics hub, has seen $2 billion in investments.

Energy and industrial projects in Uzbekistan have attracted about $4 billion, and agricultural cooperation with Kazakhstan has involved around $1.5 billion.

The China-Russia energy cooperation, particularly through the Power of Siberia gas pipeline, represents a $55 billion investment, while the China-Mongolia-Russia Economic Corridor has seen investments of $15 billion to enhance connectivity and trade.

The dividends of China’s aggressive integration with other SCO members have been immense. Since the formation of the SCO, bilateral trade and investment with its members have significantly expanded.

Trade with Russia reached a record $190 billion in 2022, fueled by energy cooperation and infrastructure investments.

In Central Asia, China’s trade with Kazakhstan surpassed $25 billion. Uzbekistan saw trade grow to around $8 billion, complemented by Chinese investments in agriculture and industrial sectors.

During our discussion, a key factor regarding Pakistan’s inability to fully utilize the SCO forum became clear. Pakistan, with its limited road connectivity, has failed to establish direct road, air, or rail links with other SCO members, especially Central Asian countries (CAC), Belarus, and Russia.

Unlike other SCO countries, which have multiple transportation links, Pakistan’s reliance on the KKH as its only road connection with China makes it vulnerable to disruptions and limits its scope for increasing trade or engaging in regional transportation networks.

Qamar Bashir

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.