BRIDGING THE DEFICIT: PAKISTAN’S STRATEGIC SHIFT TOWARD REGIONAL CONNECTIVITY AND EXCHANGE RATE STABILITY
Keywords:
Regional Connectivity, China-Pakistan Economic Corridor (CPEC), CPEC Plus, Transit Trade Routes, Gwadar Port, Belt and Road Initiative (BRI), Multimodal Transport Networks, Central Asian Republics (CARs), South Asian Economy, Commercial Diplomacy, National Security Policy (NSP 2021), Structured Instability, Cross-Border IntegrationAbstract
Pakistan is currently navigating a fundamental transition in its national security paradigm, moving from a security-centric focus to a geo-economic framework. Central to this shift is the leverage of its unique geographical location to foster regional connectivity, primarily through the China-Pakistan Economic Corridor (CPEC). This article examines how such connectivity aims to bridge the persistent trade and fiscal deficits while stabilizing the volatile exchange rate of the Pakistani Rupee (PKR).
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