AIRLINK 120.75 Decreased By ▼ -6.52 (-5.12%)
BOP 8.82 Increased By ▲ 0.14 (1.61%)
CNERGY 5.80 Increased By ▲ 0.08 (1.4%)
CPHL 61.00 Decreased By ▼ -6.10 (-9.09%)
FCCL 40.00 Increased By ▲ 0.14 (0.35%)
FFL 12.30 Increased By ▲ 0.09 (0.74%)
FLYNG 30.00 Decreased By ▼ -1.40 (-4.46%)
HUBC 122.75 Increased By ▲ 3.75 (3.15%)
HUMNL 11.26 Decreased By ▼ -0.18 (-1.57%)
KEL 3.94 Increased By ▲ 0.02 (0.51%)
KOSM 3.81 Decreased By ▼ -0.13 (-3.3%)
MLCF 61.00 Increased By ▲ 0.13 (0.21%)
OGDC 176.74 Decreased By ▼ -2.65 (-1.48%)
PACE 4.34 Increased By ▲ 0.35 (8.77%)
PAEL 37.80 Increased By ▲ 0.79 (2.13%)
PIAHCLA 12.34 Decreased By ▼ -1.24 (-9.13%)
PIBTL 7.33 Increased By ▲ 0.23 (3.24%)
POWER 13.40 Decreased By ▼ -0.01 (-0.07%)
PPL 131.01 Decreased By ▼ -0.90 (-0.68%)
PRL 22.72 Decreased By ▼ -1.54 (-6.35%)
PTC 17.25 Decreased By ▼ -0.18 (-1.03%)
SEARL 63.89 Decreased By ▼ -2.76 (-4.14%)
SSGC 26.52 Decreased By ▼ -2.70 (-9.24%)
SYM 12.20 Increased By ▲ 0.03 (0.25%)
TELE 5.62 Increased By ▲ 0.02 (0.36%)
TPLP 6.77 Increased By ▲ 0.02 (0.3%)
TRG 51.00 Decreased By ▼ -2.13 (-4.01%)
WAVESAPP 7.84 Increased By ▲ 0.10 (1.29%)
WTL 1.13 Increased By ▲ 0.03 (2.73%)
YOUW 3.02 Decreased By ▼ -0.07 (-2.27%)
AIRLINK 120.75 Decreased By ▼ -6.52 (-5.12%)
BOP 8.82 Increased By ▲ 0.14 (1.61%)
CNERGY 5.80 Increased By ▲ 0.08 (1.4%)
CPHL 61.00 Decreased By ▼ -6.10 (-9.09%)
FCCL 40.00 Increased By ▲ 0.14 (0.35%)
FFL 12.30 Increased By ▲ 0.09 (0.74%)
FLYNG 30.00 Decreased By ▼ -1.40 (-4.46%)
HUBC 122.75 Increased By ▲ 3.75 (3.15%)
HUMNL 11.26 Decreased By ▼ -0.18 (-1.57%)
KEL 3.94 Increased By ▲ 0.02 (0.51%)
KOSM 3.81 Decreased By ▼ -0.13 (-3.3%)
MLCF 61.00 Increased By ▲ 0.13 (0.21%)
OGDC 176.74 Decreased By ▼ -2.65 (-1.48%)
PACE 4.34 Increased By ▲ 0.35 (8.77%)
PAEL 37.80 Increased By ▲ 0.79 (2.13%)
PIAHCLA 12.34 Decreased By ▼ -1.24 (-9.13%)
PIBTL 7.33 Increased By ▲ 0.23 (3.24%)
POWER 13.40 Decreased By ▼ -0.01 (-0.07%)
PPL 131.01 Decreased By ▼ -0.90 (-0.68%)
PRL 22.72 Decreased By ▼ -1.54 (-6.35%)
PTC 17.25 Decreased By ▼ -0.18 (-1.03%)
SEARL 63.89 Decreased By ▼ -2.76 (-4.14%)
SSGC 26.52 Decreased By ▼ -2.70 (-9.24%)
SYM 12.20 Increased By ▲ 0.03 (0.25%)
TELE 5.62 Increased By ▲ 0.02 (0.36%)
TPLP 6.77 Increased By ▲ 0.02 (0.3%)
TRG 51.00 Decreased By ▼ -2.13 (-4.01%)
WAVESAPP 7.84 Increased By ▲ 0.10 (1.29%)
WTL 1.13 Increased By ▲ 0.03 (2.73%)
YOUW 3.02 Decreased By ▼ -0.07 (-2.27%)
BR100 10,908 Increased By 52 (0.48%)
BR30 30,706 Decreased By -27.9 (-0.09%)
KSE100 104,180 Increased By 652.8 (0.63%)
KSE30 31,689 Increased By 211 (0.67%)

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.