Abstract

Progress and prosperity require joint intra-regional and inter-regional collaboration, utilizing resources at their maximum and exploring new avenues for transit and trade. This will not only bring the prosperity, uplift the socioeconomic conditions of the masses, but also contain the role of non-state actors. In the contemporary world, economic interests and benefits have become more important players rather than ideologies in defining the mutual relations and cooperation among the states. Land-sea corridors connect several states, regions and continents into single transnational entity. Resultantly, mutual trade and commerce cooperation multiplies. The paper aims to have an insight into whether the revival of the Silk Route and access to Caspian region will play any role to improve political, cultural and socioeconomic ties between both the regions and how it will become the economic hub of the world economy. The study will explore how new possibilities will provide the rational and cost-effective transitional and trade route to the non-coastal states of Central Asia and how the strategic energy reserves will be beneficial for South Asian States.