Pakistan successfully brokered peace between the US and Iran. Can it now reap the dividend? (opens original article in a new tab)
Pakistan brokered a US-Iran agreement to pause hostilities, aiming to secure its security and economic interests, but faces challenges in converting diplomatic success into sustained economic gains through improved implementation of commercial policies and leveraging Gwadar and CPEC.
- Pakistan brokered a US-Iran agreement to pause hostilities with a 60-day negotiation window
- Pakistan's mediation aimed to protect its security and economic interests amid regional tensions
- Pakistan faces challenges in converting diplomatic success into sustained economic gains
- Gwadar and CPEC could become trade corridors if Pakistan improves implementation of commercial policies
- Iranian businesses are exploring alternative trade routes as Gulf ties remain unstable
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