This paper discusses the geopolitical dynamics of the Indo-Pacific, including the impacts of Covid-19, and emerging foreign policy initiatives, and offers recommendations for how Japan can solidify a comprehensive leadership role in this critical, multipolar region.
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While most heads were turned to the East-West transport arteries spearheaded by China’s Belt and Road investments, activity along the lesser known North-South corridors has been slowly gaining momentum. Like their East-West cousins, the North-South routes consist of a bundle of land and sea multimodal corridors and connect South Asia to Northern Europe via the Persian Gulf and the Caspian region. Unlike the China-sponsored Belt and Road Initiative (BRI) projects, however, the development of the North-South corridors follows a more multilateral and multi-stakeholder approach.
The International North-South Transport Corridor (INSTC), examined in the first part of this series, has developed slowly but steadily during its twenty years of existence. Although mired by political and financial difficulties, including new sanctions on Iran (and Russia) placed by the Trump administration, the corridor will retain its potential for the actors involved. Today, the INSTC is complemented by two other initiatives: the Chabahar International Transport and Transit Corridor; and the proposed Russia-Pakistan (Ru-Pak) Corridor. The two projects are discussed below, followed by a brief evaluation of the potential impact of the full roll-out of these emerging North-South trade routes.
China’s growing military ambition in South Asia is matched in financial terms by its Belt and Road Initiative, including the China-Pakistan Economic Corridor. What remains unclear is how the U.S. should navigate the new dynamic. This report addresses the question of how the India-Pakistan rivalry will play into the emerging great power competition.
Reconnecting Asia tracks infrastructure developments across Eurasia, a vast landmass that includes 60 percent of the global economy. Every day, new projects are announced; some advance, while others encounter obstacles. Here is a selection of projects and trends we will be following in 2019.