BRI Vs B3W : Where does Pakistan Stand ?

BRI Vs B3W : Where does Pakistan Stand ?

Publication details

  • Tuesday | 12 Apr, 2022
  • Hina Aslam, Syed Shujaat Ahmed, Duaa-e-Zahra Shah
  • Research Reports,Project Publications
  • 136
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Abstract

Economic corridor is the key to trade and regional integration, which is economically and politically beneficial for the partnering within the corridor. Build Back Better World (B3W) brings in another opportunity for Pakistan but with caution, as political disconnect between China and G7 countries may causes challenges for Pakistan. This study discusses in detail the importance of both BRI and B3W for Pakistan. by holding a Focus Group Discussion in the context of SDG-5, SDG-8, SDG-9, and SDG-10. The study finds that BRI, already operational in 140 countries, is more inclusive with expert technology and infrastructure excess has wider scope currently whereas B3W has theoretical importance in terms of soft outcome as it is yet to be there. Based on the findings’ integration between BRI and B3W is recommended for better outcomes in developing countries.