Page-3 of Belt and Road Initiative Current Affairs, GK & News

Italy to join China’s ambitious Belt and Road initiative

Recently, Italian Premier Premier Giuseppe Conte has pledged to make Italy the first Group of Seven nation to join China’s ambitious Belt and Road initiative, despite objections from the United States and concerns within his governing coalition. While, on 20th March 2019, India signalled that it will boycott China’s second Belt and Road Forum (BRF) ..

Topics: Belt and Road Initiative • BRF • Countries • Economy • Gwadar • Gwadar District • Gwadar Port • Pakistan • Trade routes

Saudi Arabia to be strategic partner of China-Pakistan Economic Corridor

Saudi Arabia will be the third “strategic partner” of the $50 billion China-Pakistan Economic Corridor (CPEC). It was announced after Prime Minister Imran Khan returned from his first foreign trip to the cash-rich kingdom. The CPEC is the flagship project of Chinese President Xi Jinping’s Belt and Road Initiative (BRI), which aimed at enhancing Beijing’s ..

Topics: Belt and Road Initiative • Economy • Foreign relations of China • Gwadar • Gwadar District • Gwadar Port • Trade routes

Singapore, China ink MoU for collaboration on Belt and Road Initiative

Singapore and China have inked Memorandum of Understanding (MOU) to promote greater collaboration between companies from both countries in third-party markets along China’s ambitious Belt and Road routes. The MoU will see the formation of a working group between Singapore’s Ministry of Trade and Industry (MTI), China’s National Development and Reform Commission and Enterprise. Key ..

Month: Current Affairs - April, 2018

Topics: Belt and Road Initiative • China • International • OBOR • Singapore

Asia Africa Growth Corridor (AAGC) Project

Asia-Africa Growth Corridor is an economic cooperation agreement between the government of India and Japan launched in May 2017 with a view to building projects in health and pharmaceuticals, agriculture and agro-processing, disaster management and skill development along with enhancing research and development capacities in Africa. It was started with an inherent aim to discover ..

Topics: Asia • Asia-Africa Growth Corridor • Belt and Road Initiative • Economic Research Institute for ASEAN and East Asia • Economy • Foreign relations of China • Institute of Developing Economies • Organizations • Organizations associated with the Association of Southeast Asian Nations • Sagar Mala project • World

Polar Silk Road

China released a white paper on its Arctic policy, pledging cooperative governance and elaborating its vision for a “Polar Silk Road” by developing shipping lanes opened up by global warming extending President Xi Jinping’s signature Belt and Road Initiative . Note: China, despite being a non-Arctic state, is increasingly active in the polar region and became an observer ..

Topics: Arctic • Arctic policy of China • Belt and Road Initiative • Extreme points of Earth • Foreign relations of China • Northern Hemisphere • Yamal • Yamal LNG