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This research explores the possibilities for Pakistan in current economy-centered foreign relations with Iran. Recent developments related to CPEC, Gwadar and Chabahar port projects have the potential for both positive and adverse effects on political and economic interests of Pakistan and Iran. Pak-Iran relations in the past, though mostly remained cordial,yetwere alsosubject to external variables like situation in Middle East, Afghanistan or Sectarianism etc. The Current situation, however, involves economic interests as well as security concerns for Pakistan because of Indian involvement in Chabahar Port. The article argues that there are political and economic paradoxes along witheconomic developmental opportunities. India and China see each other as potential regional economic and political rivals. Both intend to advance their interests in the region through economic, strategic and business activities. Pakistan and Iran both can gain economic and political benefits by cooperating through CPEC and Chabahar and by improving security, transparency, better law and order, improved trading facilities along with encouraging and promoting their respective private sectors.
Iram Khalid, Faheem Ahmad Khan. (2020) Iran Pakistan Relations: Convergences and Divergences in Present Political and Economic Developments, Journal of the Punjab University Historical Society, Volume 33 , Issue 2.
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