KARACHI -- A proposed $400 billion economic and strategic agreement between Iran and China, including a major port development project on the Strait of Hormuz, is likely to eclipse the China-Pakistan Economic Corridor, a project that symbolizes the geopolitical ties between the two countries and is a linchpin of Pakistan's efforts to develop its infrastructure.
Belt and Road
China-Iran deal overshadows Pakistan Belt and Road project
Beijing's plan to invest in Tehran's Hormuz port threatens Islamabad's value
A proposed $400 billion economic partnership between China and Iran has some experts questioning the value of the China-Pakistan Economic Corridor. (Source photo by Reuters)
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