China eyes Iran's potential as a trade corridor
By Sudha Ramachandran
May 26th, 2016, The CACI Analyst
Iran’s location near key trade routes and strategic waterways could make it a major Eurasian trade and transit corridor in the coming decades. China is keen to tap into Iran’s potential. But will Iran’s rise as a trade hub undermine the importance and prospects of the China-Pakistan Economic Corridor (CPEC)? This possibility has raised concerns in Pakistan that China’s commitment to making the Gwadar port a key node in the CPEC could dwindle as Iran’s trade corridors take shape and if Pakistan’s government fails to address China’s security concerns.
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