OBOR Current Affairs, GK & News
Italy joins China's Belt Road Initiative
Italy’s Prime Minister Giuseppe Conte signed a memorandum of understanding (MoU) with Chinese President Xi Jinping in Rome, endorsing the global infrastructure-building scheme of China. Despite the warnings and pressure from the US and the Europen Union, Italy has joined the china’s mega connectivity scheme and has become the first G7 country to do so. ..
Month: Current Affairs - March, 2019
Topics: Belt road Initiative • China • European Union • G7 • Italy • OBOR • Trade Imbalance
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
Chennai-Vladivostok sea route: India's effort to counter China's OBOR
India is planning to launch major connectivity initiative, connecting Chennai with key Russian port Vladivostok via sea route with an aim to harness natural resources from Northeast Asia and Western Pacific region. The Chennai-Vladivostok sea route will enable to transfer cargo between Chennai and Vladivostok in 24 days in comparison to over 40 days currently ..
Month: Current Affairs - September, 2017
Topics: Chennai-Vladivostok sea route • China • India-Russia • Maritime Silk Route • OBOR • Transportation
Outcomes of OBOR Summit
Belt and Road Forum (BRF) is a gathering of world leaders from across the globe, organized by China to showcase its plans to build a network of trade routes under the One Belt, One Road (OBOR) initiative. As of now, 68 countries and international organisations have signed belt and road agreements with China. China has ..
Month: Current Affairs - May, 2017
Topics: India China • International • OBOR
India to Skip OBOR summit in China
India will skip the two day grand OBOR summit organised by China to showcase its plans to build a network of trade routes under the One Belt, One Road (OBOR). OBOR is an ambitious China’s ambitious development strategy and framework that aims to boost its connectivity and trade that will that will connect Asia, Africa, the Middle East and Europe. It was ..
Month: Current Affairs - May, 2017
Topics: China • CPEC • India China • International • OBOR