The Belt and Road Initiative
The Belt and Road Initiative (BRI) or New Silk Road (in Chinese 一带 一路 yidai yilu, 'one belt, one way') is the Chinese project launched by President Xi Jinping in 2013 to develop Eurasian integration by creating land and sea connections.
How much the project is worth?
Investments for $ 1,400 billion and over 62 countries involved.
6 economic corridors:
- China-Mongolia-Russia (CMREC)
- New Eurasian Land Bridge (NELB)
- China-Central and West Asia (CCWAEC)
- China- Indochina Peninsula (CICPEC)
- China-Pakistan (CPEC)
- Bangladesh-China-India-Myanmar (BCIMEC)
Up to now, 56 areas of economic and commercial cooperation have been created, generating $ 1.1 billion of tax revenues and over 180,000 jobs.
Italy is a strategic country for the development of BRI related projects and activities and it should benefit at most from them. Easternational aims to provide information resources and assistance to private and public operators interested in getting involved in it.
Who is funding the projects?