Most recently, Chinese track-II diplomacy has succeeded to achieve a “diplomatic miracle” by brokering a peace deal between Saudi Arabia and Iran which has even further brightened scope, importance and utility of the One Belt & One Road Initiative (BRI) and China-Pakistan Economic Corridor (CPEC). It is indeed positive, productive and participatory which create win-win propositions for both the countries.
The two countries inked a holistic and comprehensive agreement which includes mutual respect for sovereignty and non-interference in each other’s internal affairs. It also activates a 2001 previously-signed security cooperation and trade agreement which is indeed a “value addition”. Moreover, it brightens the scope of greater socio-economic integration, regional connectivity, peace, stability and harmony between two countries in and beyond.
It has now further strengthened the Chinese presence in the GCC and MEAN. Hopefully, it would further consolidate the Chinese President Xi Jinping’s Global Security Initiative (GSI) position, scope, importance and utility in the region. |
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