Gwadar Port Attack On Chinese Convoy In Pakistan Major Setback For CPEC

The incident that took place on Sunday, involving the assault on the Chinese convoy close to the crucial Balochistan port of Gwadar, has the potential to significantly impede the progress of the China–Pakistan Economic Corridor (CPEC). This event has generated a sense of apprehension and unpredictability that could have adverse effects on investor confidence and overall investments in the project.

As reported by The Diplomat, the growing frequency of attacks within Pakistan aimed at Chinese citizens and infrastructure initiatives has raised significant concerns regarding the security and stability of international investments.

Ahsan Iqbal, former Planning, Development, and Reform Minister of Pakistan said, “The attacks on Chinese investment are a major setback for CPEC. They have created an atmosphere of fear and uncertainty, which is not conducive to investment.”