Gilgit Baltistan, a Pakistan occupied region (POK), may be ceded by Pakistan to China as payment for debts. Giving up the Gilgit Baltistan region, which Pakistan illegally occupies, would be beneficial for China’s South Asian ambitions. Since the Karakoram is directly in the path of the China Pakistan economic corridor, China has made advantage of the territory that Pakistan previously ceded in the area and would like Gilgit Baltistan.

Itis¬†speculated¬†that¬†it¬†might¬†lead¬†to¬†local¬†unrest¬†because¬†the¬†people¬†already¬†feel¬†discriminated¬†against.¬†Gilgit¬†Baltistan¬†doesn’t¬†connect¬†to¬†Pakistan’s¬†national¬†grid,¬†therefore¬†despite¬†powering¬†the¬†rest¬†of¬†the¬†nation,¬†it¬†only¬†has¬†fewer¬†than¬†two¬†hours¬†of¬†power¬†accessible¬†each¬†day.¬†Additionally,¬†there¬†are¬†food¬†shortages,¬†no¬†control¬†over¬†its¬†hydropower,¬†and¬†other¬†resource¬†limitations.¬†Any¬†such¬†action¬†may¬†generate¬†substantial¬†lease¬†income¬†for¬†Pakistan,¬†which¬†might¬†help¬†it¬†get¬†through¬†its¬†current¬†financial¬†difficulties.But this would also irritate the US, which might delay or refuse to provide Pakistan the USD 3 billion it had requested from the IMF. It might also result in Pakistan being blacklisted from receiving financing from the IMF, World Bank, and other international organisations in the future.

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