CPEC is a mega project under the flagship of Belt and Road Initiative (BRI) wit major investments in several sectors that include energy, development, industrial and trade etc. CPEC was initiated in 2013 under the leadership of Prime Minister Nawaz Shareef and the first phase is now completed and laid the foundations for the second phase in early 2020. Prime Minister Imran Khan is vigilant to complete and pace up the development of the second phase of CPEC and complete it during his tenure.
CPEC project has witnessed several hurdles like political instability, regional violence, vague environment, and natural disasters like floods etc. Among these hindrances, Political instability is the major player in disturbing the pace and development phase of CPEC. During Nawaz Sharif’s tenure, he was called with the charges of corruption, JIT reports and NAB regular calls and later on was ousted by Supreme court of Pakistan. Imran Khan and his party Pakistan Tehreek Insaaf (PTI) muddled the blueprints of Nawaz Shareef vision and plans for CPEC. In 2018, when Imran Khan was elected as a Prime Minister, due to rapid inflation and tax rise many people turned against him. This card has been played by the opposition parties and has damaged Imran Khan’s credibility significantly. The bewilderment in the Senate and National Assembly is another example of jumbling the vision of CPEC. The disunity of the political parties in Pakistan is ceasing the development in CPEC.
Recently, there held a meeting among the political parties and they vowed to ensure a conducive political environment and favourable public opinion for the progress and development of the China-Pakistan Economic Corridor (CPEC), besides shielding it from threats. Political parties, at the end of the Second Conference of the China-Pakistan Economic Corridor (CPEC) Political Parties Joint Consultation Mechanism (JCM), in a joint statement, denounced the “slander and disruption of the development of CPEC by external powers” and vowed to “form and safeguard the enabling political climate and favourable public opinion for the development of CPEC.”
The coalition of political parties will bring fortune to the glory of CPEC because the tussle among the political parties was causing damage to the development of the CPEC project. The fracas was doing nothing but was providing impedances for the development in Pakistan. The unity of political parties will provide a safe environment for the development, energy and power production and industrial infrastructure among Free Trade Zones FTZs etc.