This year marks the five years of Belt and Road Initiative (BRI)- a mammoth ambitious initiative in the contemporary history of the world politics. Announced by President Xi in 2013 during his two historic visits to Kazakhstan and Indonesia, the initiative has thus far been the largest wherein 65 countries have consented to be part of this initiative, over thousands of jobs have been created and according to an estimate investment under BRI exceeds $70 billion whereas more than 70 overseas joint economic projects were initiated thus far. There is also an estimate to have more than 35 bilateral agreements were made possible between China and other countries aiming to be part of this great leap forward. Connectivity has increased manifold and more than new flight routes have been established, new shipping routes connecting nearly 50 countries began. According to a report, in only the first half of the year 2018, 7.48 B $ has been invested. Along with other important Corridors, China Pakistan Economic Corridor(CPEC) has remained as the crown and flagship project of the BRI hence making Pakistan at the crossroads of this gigantic and fate changing Chinese initiative having the potential to transform the region. From concept to action and from planning to implementation, BRI has put forward the tremendous amount of opportunity for Pakistan to play its constructive role for the entire region.
Keeping in view the significance of this important initiative, Institute of Peace and Diplomatic Studies has taken this important step to establish “Centre for BRI and CPEC Studies”. This Centre is meant to provide groundbreaking research, advocacy, training, dialogue and consultancy services in order to ensure Pakistan’s effective, constructive, efficient and valuable contribution towards this path breaking project for the benefit of the communities in the country and the region. This Centre is meant to increase Pakistan relations with People’s Republic of China to the next best level through effective people to people contacts and strengthening the relationship beyond horizon.