https://besacenter.org/perspectives-papers/pakistan-tightrope/
Pakistan risks falling off a tightrope as it attempts to balance its relations with rivals Saudi Arabia and Iran.
Recent developments – including the Baloch nationalist attack on a luxury hotel in the strategic port city of Gwadar and a legal dispute over completion of a gas pipeline that took place against the backdrop of Saudi-Iranian-Qatari competition for the Pakistani gas market – suggest that Pakistan is in an increasingly tenuous position.
The South Asian nation’s seemingly unsustainable tightrope walk is likely to have consequences for the security of China’s massive US$45 billion investment in the China Pakistan Economic Corridor (CPEC), a crown jewel of Beijing’s Belt and Road Initiative. It could also affect the roughly US$10 billion the Saudis are planning to invest in a refinery and copper mine in the troubled Pakistani province of Balochistan. Pakistani hopes are dwindling that it will be able to contain political violence – a necessity if it is to attract more badly needed foreign investment and avoid sanctions for inadequate counterterrorism measures.
The assault on the highly secured Zaver Pearl Continental Hotel Gwadar (a part of Pakistan’s largest luxury hotel chain), in which at least five people were killed, was the second incident since Pakistani PM Imran Khan and Iranian president Hassan Rouhani agreed last month to step up security cooperation along their 959-kilometer-long border.