Global Belt And Road Initiative News September 2020

Daily, the most relevant news related to Belt and Road Initiative in a synthetic and organized way.

September 2020

Just the essential


EUROPE

  • EUROPE: A New Route starting from China for the China-Europe Freight Train Service went into Operation, in efforts to meet the growing demand for Railway Transportation of Goods between China and Europe. The New Route starts from Shenyang City in northeast China’s Liaoning Province and ends in the logistics center in Moscow, Russia via the Suifenhe Port in Northeast China’s Heilongjiang Province.

SOURCE: BELT AND ROAD NEWS

EUROPE

  • BELARUS: Chinese leaders will seek to protect their country’s BRI investments in Belarus, regardless of how the crisis evolves in that country. China’s investments in Belarus are of special significance to the BRI because of Belarus’ position as a potential gateway to European markets, which China views as the ultimate prize in its BRI plans. China’s largest investment in Belarus is the Great Stone Industrial Park, China’s largest overseas development project. It has already attracted more than $1 billion in investment from at least 56 foreign companies.

SOURCE: THE DIPLOMAT


SOUTH ASIA

  • MYANMAR: China visited Myanmar to sought assurances about the implementation of key Belt and Road Initiative (BRI) infrastructure projects. In particular, he focused on the slew of BRI projects gathered under the smaller umbrella of the Cambodia-Myanmar Economic Corridor (CMEC), a planned overland network of highways, railways, pipelines, and industrial zones intended to link China’s Yunnan province to Myanmar’s coast on the Bay of Bengal.

SOURCE: THE DIPLOMAT

SOUTH ASIA

  • PAKISTAN: Tehreek-e-Taliban Pakistan (TTP, a strong ally of al-Qaeda) recent reunification of various breakaway factions –Jamaat-ul-Ahrar, Hizb ul-Ahrar, Hakeemullah Mehsud group and a faction of Lashkar-e-Jhangvi– will pose threats to projects linked to China’s Belt and Road Initiative in northwestern Pakistan, according to analysts. The TTP often target Chinese projects as retaliation for mistreatment of Uyghur Muslims by the Chinese government.

SOURCE: CENTRAL ASIA NEWS

SOUTH ASIA

  • PAKISTAN: Opposition party leaders launched a joint campaign to unseat Khan and China-Pakistan Economic Corridor (CPEC) authority chairman, following allegations of corruption against the last. May cause some disruption but is unlikely to derail the multibillion-dollar project, analysts say.

SOURCE: SOUTH CHINA MORNING POST

SOUTH ASIA

  • AFGHANISTAN: China is willing to extend the China-Pakistan Economic Corridor (CPEC) to Afghanistan. The CPEC ($62 billion infrastructure development project, part of China’s ambitious Belt and Road Initiative, aimed to connect China’s Xinjiang region to Pakistan’s Gawadar Port) is expected to be a game-changer in South Asia, according to some experts.

SOURCE: SOUTH ASIA MONITOR


ASIA PACIFIC

  • Thailand announced recently it will cancel the Kra Canal project that China wanted to build as part of Belt and Road Initiative. The Kra Canal project envisaged linking the Gulf of Thailand with the Andaman Sea cutting short oil supply by sea to China by some 1200 km avoiding the crowded Straits of Malacca. It provided a strategic avenue for the Chinese Navy to dominate the Indian Ocean Region (IOR) and switching of military forces through the canal. Cancellation of the Kra Canal will increase the significance of the CMEC (China-Myanmar Economic Corridor) of which Kyaukphyu Port could be the future naval base of China.

SOURCES: SOUTH ASIA MONITORTIMES NOW NEWS

ASIA PACIFIC

  • China and Timor-Leste will strengthen cooperation within the framework of the Belt & Road Initiative (BRI).

SOURCE: BELT AND ROAD NEWS

ASIA PACIFIC

  • LAOS: Laos is set to cede majority control of its electric grid to a Chinese company, as it struggles to stave off a potential debt default. The deal comes at a time when critics accuse Beijing of “debt trap diplomacy” to gain strategic advantage in countries struggling to repay loans taken out under Belt & Road Infrastructure Initiative.

SOURCE: BELT AND ROAD NEWS


SOUTH AMERICA

  • BRAZIL: Brazil’s Acu Port is expected to reap more rewards under China’s Belt & Road Initiative. The Acu Port is a modern industrial zone, located about 180 kilometers from the oil-rich Campos Basin off Brazil’s southeastern coast and around 500 kilometers from the Minas Gerais State where numerous iron ore and other mineral resources are found.

SOURCE: BELT AND ROAD NEWS