republicworld– China’s belt and Road initiative also known as Polar Silk Road PSR or ‘Ice’ is a framework to construct several complex networks of potential shipping routes in the arctic that stretch across Eurasia, including a northwest passage around North America and a central Arctic ocean route. The aim of this route is for Beijing to enhance maritime trade by diverting its energy resources supply vessels that enter and exit Europe via the Indian Ocean and the Suez canal.
The ‘belt’ describes the transportation lanes and network of corridors, while the Road signifies the shipping lanes. This has been of concern to India, especially after Beijing drafted plans of construction China–Pakistan Economic Corridor (CPEC) under its “One Belt, One Road (OBOR)” initiative in 2013. PRC, via its 46 billion USD.CPEC aimed to enhance the connectivity with the Chinese-invested Pakistani port of Gwadar through highway, rail, and pipeline infrastructure. Since the launch of the controversial project in 2015, China has been conducting a bulk of BRI-related activities in Pakistan.