Pakistan Hands Over Development of Gwadar Port to China
ANALYSIS, CACI Analyst, Volume 15, No. 3, February 06 2013.
Pakistan has handed over the management of its southeastern Gwadar deep-sea port to the China Overseas Port Holdings after failing to turn the strategically located port into a financial success. With an outpost on the entry to the risk-prone Strait of Hormuz, China not only secures its petroleum supply through the shortest land route but also mounts a challenge to the U.S. and India in the Arabian Sea. Pakistan’s reliance on China as a partner has increased significantly during its post-9/11 engagement with the U.S. While Islamabad seems relieved by its belated act, Beijing seems to shift some pressure it has been withstanding in South China Sea.
Pakistan, China, Gwadar, deep-sea, port, Strait of Hormuz