CPEC was intended to rapidly modernize Pakistani infrastructure and strengthen its economy by the construction of modern transportation networks, numerous energy projects and special economic zones (SEZs). However, according to the Centre for Strategic and International studies (CSIS), these SEZs remain largely empty today and the long-standing challenges have only become more exacerbated. Facing unsustainable debt levels, growth rates down to 3 percent, 5-year high inflation rates and soaring deficits, Pakistan’s economy is definitely moving in the reverse direction.

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The Indian parliament had just voted to integrate the State of Jammu and Kashmir fully and finally with the Union of India. The State had also been bifurcated into two Union territories- Jammu & Kashmir and Ladakh. The move is undoubtedly a huge leap forward towards global peace, dismantling the war-like ambience of Kashmir and cutting off the lifelines of radical terrorism from across the border.

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