Diplomatic niceties aside, this is another logical step along a path that is becoming clearer by the month. Pakistan is in business, and wants to do business with those around it. In some instances, that is a fraught proposition, and we are a long way from getting the best from our trading potential from India, but the regional cogs are beginning to click into place. It is China that is determining the regional geopolitical meteorology and it is going to do so for generations to come. Pakistan has recognised that and the China-Pakistan Economic Corridor (CPEC) is going to be a game changer and not just for Pakistan. The CPEC is a change-agent beyond the signatory nations, and opens up a range of possibilities.
There is no direct linkage between the CPEC and the new agreements with Sri Lanka, but they do fit an evolving picture, and very well at that. The hope is to increase bilateral trade between the two countries to $1 billion, enhance defence cooperation and curb financial flows in the direction of terrorist organisations. All of this is eminently do-able, and a pivot in the direction of profit is infinitely more desirable than relationships based around dependency more than mutuality. We wish the new agreements well.
Published in The Express Tribune, January 10th, 2016.
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